All Forum Posts by: Ryan Rominger

@Sander A Swenson

Small world! I am originally from the Fresno area (Visalia) and my parents now live on the central coast (Arroyo Grande). SLO is one of my favorite places. I had lots of HS friends that went to Cal Poly.

Now I’m a RE broker and Property Manager in Indianapolis and I specialize in helping investors. I’d love to connect and learn more about what your goals are for investing.

@Vivian Pena

I’m a RE broker and Property Manager in Indianapolis and I have helped quite a few investors make cash flowing investments here in Indy. Typically our goal for monthly cash flow is 1.5 - 2% depending on the neighborhood.

Let me know if you’d like to connect and chat sometime.

@Adey Adenrele

I’m a RE broker and Property Manager in Indianapolis and I really love working with investors. Let me know if you’d like to connect and discuss matters further.

@Marichelle Lao

I’m a RE broker and Property Manager in Indianapolis and I’ve always recommended Iron Gate Home Inspectors to my clients. Their rate is reasonable and they are very thorough!

@Jordan Moorhead

I'm a RE broker and Property Manager in Indianapolis and I've actually helped a few investors do the BRRRR method here in the Indy market.

Since a few of them have already reached the “Repeat” step I have to say I think it’s something that works. That said, I think you can definitely go wrong if you don’t know what you’re doing (make a bad investment) or don’t have enough liquid capital in the beginning to rehab and maintain the property for it to continue cash flowing.

I also think it is important to find investment opportunities that are right in the “sweet-spot”:

1. Fixer upper that you could add value too (without overspending due to major flaws)

2. In a strong rental market so that your monthly ROI % is high (goal is typically 2% here)

3. In an appreciating/semi-developed area that will yield a marginally higher ARV that will allow you to refi once you reach that point

Hope this helps! The other important thing to have in place is a team on the ground (PM, agent, contractor, lender, etc.) that can help you hit all the important milestones.

@Peter Aziz

Hey that’s me! :)

I am a property manager and RE broker in Indianapolis and I operate a company called Intrigue Indy. I work with several investors and I have a real passion for helping the city develop sustainably while helping investors make money in the process.

Let me know if you’d like to connect.

Hi @Account Closed,

Depending on what you goals are, I have to say that I think you can find some better deals on in the Indy market. I work with a handful of investors in the Indy market, helping them find rental/flip deals with good potential. Many rental properties we are able to help them source hit the 2% rule.

I know that is frustrating about the "Do Not Know"s on the seller's disclosure, but unfortunately that is common on Indy investment properties.

We should definitely connect sometime!

Cheers!

Ryan Rominger | Indianapolis, IN | Property Manager, RE Broker

Hi @Amit Kayastha!

I work with many in investors in the Indy market, and help them invest in rentals and properties to repair and flip. I can definitely help you navigate the Indy marketplace. We should connect sometime!

Cheers!

Ryan Rominger | Indianapolis, IN | Property Manager, RE Broker

Hi @Lee Smith!

Thank you for sharing this knowledge/experience. I have noticed similar trends as I've worked to help investors in the Indy market. I actually operate a property management outfit myself. We should definitely connect sometime.

Cheers!

Ryan Rominger | Indianapolis, IN | Property Manager, RE Broker

Hi @Anthony Pascual!

I'd love to connect and see how I might be able to help. I'm actually originally from CA myself. I worked in the mountains east of San Bernardino (Big Bear area) a few summers during college. I wish you the best in your RE investment endeavors!

Cheers!

Ryan Rominger | Indianapolis, IN | Property Manager, RE Broker