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All Forum Posts by: Kynzie Neal

Kynzie Neal has started 0 posts and replied 4 times.

Post: STR in Bloomington, Indiana?

Kynzie NealPosted
  • Property Manager
  • Indianapolis, IN
  • Posts 5
  • Votes 5

We manage 4 Bloomington STRs, one being on Lake Monroe. It stays booked in the summer and is quiet in winter (cannot use the lake, community pool, community golf course, etc). It would be a great investment if your parents are living there in the winter, and away during the summer! Please do check with HOA on having an STR in that specific neighborhood. We also have this specific property listed on FF in hopes of gaining a 3 month + rental through the winter.

Post: PM Fees in Indy

Kynzie NealPosted
  • Property Manager
  • Indianapolis, IN
  • Posts 5
  • Votes 5

Hi Kris, we run a property management group in Indianapolis for STR, MTR, and LTR. Our STR fees start at 18%. We can do full end to end management (set up to listing and managing) as much or as little management as you need!

Post: When to get a property manager

Kynzie NealPosted
  • Property Manager
  • Indianapolis, IN
  • Posts 5
  • Votes 5

What I love about our PM group is that we have an in house realtor to help with these kind of clients! We love to help anyone from start to finish, if we can!

Post: First Flip Financing / Low Cash

Kynzie NealPosted
  • Property Manager
  • Indianapolis, IN
  • Posts 5
  • Votes 5

Hi Cameron. We just purchased our first fix and flip, we used a hard money loan, interest is high but when you're in the property for 6 months or less it seemed doable to us. We got a hard money loan for 12% and put down 10%. We have an amazing realtor who helped us find the property and helped us run numbers on possible ARV, @KiKi Wood