All Forum Posts by: Lauren Perry

@Christopher Rubio

In my experience, there have been a couple major lessons I learned and have seen repeated with the investor clients I work with...

1) I've found the most success working with people on my team who are investors themselves and understand what does (and doesn't) make for a successful property in the market you're interested in. This doesn't mean that they can't specialize in a particular facet of REI (agent, PM, contractor, etc), but I've had much better results working with partners who have some first-hand knowledge of what it means to be in your investor shoes so they can help you in making good business decisions for your portfolio, regardless of whether it benefits them in the short-term.

For example, early on I worked with a realtor and PM who was happy to sell me a property and "manage" it for me, but they didn't own any rentals themselves. I quickly learned that their perspective and mine were very different when it came to maintenance, repairs, tenant placement, etc. At the end of the day, our interests weren't aligned and they didn't have the personal experience or desire to nurture a long-term relationship to help make for a mutually beneficial partnership. 

Which brings me to my 2nd, most important lesson...

2) Relationships are EVERYTHING.
Take time to vet the people you plan to work with. Make sure they have the experience, expertise and availability to meet your needs first.
Make sure you have strong contracts with clear deliverables, reasonable payment schedules that protect both parties, and clear accountability for the work performed.
Be ready to cut people loose if they don't perform. 
BUT, when you find the good ones, treat them like the indispensable partners that they are. 
Be respectful of their time. Value their expertise and expect to pay them for it. Work towards a relationship of mutual trust so you can keep building on success.
In the end, you will save $ and have a much more successful investing journey if you treat your (good) team well and make sure they're benefiting from the partnership also. 

Remember, with remote investing, you're 99% dependent on the team you assemble to execute on your vision, and yet I see so many investors treat their team like disposable pawns in a game as they try to save a few pennies here and there. I've been guilty of this myself at times and I can tell you that having a solid team of capable, trustworthy, & motivated people is PRICELESS. 

There are countless lessons I've learned along the way, both as an investor and as a service provider, but these ones were the ones I've benefited from learning the most. 

I haven't purchased in Ohio but I have invested in Indiana as an out-of-state investor and now live here locally. I support OOS investor clients who are looking to build a team here and can help with any type of residential investing, though I specialize in furnished mid and short-term rental properties (higher cash flow, property better maintained compared to LTR). 

I'd be more than happy to share my experiences as an OOS investor and help if you have any interest in investing in Indy. Long story short, your success will largely hinge on the quality of the team and relationships you build, wherever you decide to buy. 

Good luck!

Hi Trevor! 

I'd be glad to connect with you and your wife to share some insights on the market here in Indy. I began as an out of state investor myself and moved here in 2020. Now that I'm local, I work exclusively with investors (most of them remote) to help them acquire, stabilize and manage their properties. 

Lauren 

Hi Keyona! 

I invest in Indianalolis and am also an agent so I would be glad to help you understand the market here. There are opportunities within the price range you mentioned, you’ll just want good local guidance about the areas to consider/avoid since Indy can vary a lot. Feel free to reach out if you’d like more info! 

Lauren 

Thinking about launching or expanding your short-term rental portfolio in Indianapolis?

I’m a licensed investor-friendly Realtor and full-service STR co-host specializing in acquisition, setup, and management of high-performing Airbnb and furnished rentals in Central Indiana. Whether you're local or out-of-state, our team at Haute Property Co. helps investors:

✅ Identify STR-eligible properties with strong returns
✅ Navigate furnishing, setup, and compliance
✅ Professionally manage your Airbnb, VRBO, and direct bookings
✅ Deliver 5-star guest experiences that drive repeat business
✅ Maximize income while staying 100% hands-off

If you’re ready to add a high-performing, fully-managed STR to your portfolio—or want help with one you already own—I'd love to connect.

🔗 www.hautepropertyco.com
📲 IG: @hautepropertyco

The Indianapolis metro area is a great market to consider, with reasonably priced properties and strong demand for short and mid-term rentals. 
I'm an investor, licensed agent and property manager/co-host here and would love to connect if you're interested in exploring the market!
I operate LTR and STR/MTR in Indianapolis and Terre Haute.

Indianapolis is a great market to consider. If you're looking for even stronger cash flow, short and mid-term rentals can be a great strategy. 
I'm an investor, licensed agent and property manager/co-host here in Indy and would love to connect if you're interested in exploring the market!

Hi Alyssa. Totally understand. There are ways to invest in real estate while still being hands off, it just requires the right team. Happy to chat if you'd find that helpful. :)

Indianapolis is a great market to consider. Happy to connect if you’d like to learn more about opportunities here. 

Hi Benjamin,

I’m a realtor in the Indianapolis market and invest here myself. I work with lots of out of state investor clients and would love to connect to chat about your goals to see if I can help. 

Lauren