All Forum Posts by: Tyler Lingle

Meldon HVAC, $8K for both maybe $12K max. 

Hi there, we have a variety of 1% Rule properties on the market now, and have solid reputable 3rd party managers we work with. 

 You're welcome! Let us know how this goes!

If I had a nickel for every time I get on the phone with a newer investor that tells me their agent just simply put them on an MLS drip and tried to send them "retail" "traditional" homeowner homes. Agents that have never done a deal themselves will not move the needle for you.

On our team, Roots Realty Co., every single agent is an investor themselves. We focus on buy & holds, house hacking, flipping, BRRRR, multifamily -- you name it. We offer help with deal flow (on or off-market), trusted referrals (agent, lender, property manager, contractors), honest assessment of property value / ARV / cash flow modeling. We get in the weeds, because the reality is, we are learning and growing alongside you in every transaction.

Just wading into the waters of real estate? We offer unique mentorship & networking opportunities. Our real estate meet-ups are some of the best attended in the city. You can find upcoming on our website, or book a call just to start somewhere, even if you're in the learning stages. 

Cheers, 

Tyler 

Hey Temi, 
You may have gotten your answer. I have recently enjoyed working with Investor-Priced Services. They helped me on a rental I was prepping to sell, and specialize with working with investors. https://investorpricedservices.com/ Let them know I sent you!

We’re teaming up with Approved Mortgage to host an incredible event, designed to educate first-time buyers on their options and programs. Many people feel like homeownership is out of reach, but we’re here to help you find the best plan tailored to your goals. From understanding loan types to exploring down payment assistance, we’ll cover the steps to make homeownership a reality.

Our expert speakers, Tyler Lingle, Renato Lima, and Max Moore, will guide you through the process and answer any questions you may have. Don’t miss this chance to learn, ask questions, and connect with other aspiring buyers!

Hey Jared! I personally own 8 investment properties and lead a team of investor agents. I'd be happy to connect with you!

Indianapolis is a great market to invest in! I have 12 units here and have had an overall very positive experience! At a high level we have - consistent property appreciation / population / jobs growth - landlord friendly laws / low regulation - ability to still cash flow. I'm happy to get on a call with you and talk through your goals!

Quote from @Jaycee Greene:

Quote from @Tyler Lingle:

Quote from @Jaycee Greene:

Quote from @Tyler Lingle:

Investment Info:

Small multi-family (2-4 units) fix & flip investment.

Purchase price: $330,000
Cash invested: $360,000

A cash (silent) partner and I are buying this duplex, flipping it to an ARV of $460,000 then doing a cash out refi or selling it for a profit. If we rent it we are targeting $1700-1800 / side. Our mortgage at the moment is around $2100 including taxes and insurance, this would obviously go up if we do refinance.

What made you interested in investing in this type of deal?

The location is A+ and near where I live.

How did you find this deal and how did you negotiate it?

Broker, friend connection.

How did you finance this deal?

My partner brought the 25% downpayment.

 Hey @Tyler Lingle! How much do you expect to spend on the rehab on this?

 Hi @Jaycee Greene, I have a contractor starting now with SOW for $60K-ish. Mostly all cosmetic including exterior. Probably needs a new roof within 2 years so that's on top... 

 @Tyler Lingle How are you getting the PITI to $2,100 with a 75% LTV? Even if you're paying cash for the rehab, I'm still coming up with PITI in the $3,100 range.

 Sorry P&I. 30% down actually. Thank for call out...

Quote from @Jaycee Greene:

Quote from @Tyler Lingle:

Investment Info:

Small multi-family (2-4 units) fix & flip investment.

Purchase price: $330,000
Cash invested: $360,000

A cash (silent) partner and I are buying this duplex, flipping it to an ARV of $460,000 then doing a cash out refi or selling it for a profit. If we rent it we are targeting $1700-1800 / side. Our mortgage at the moment is around $2100 including taxes and insurance, this would obviously go up if we do refinance.

What made you interested in investing in this type of deal?

The location is A+ and near where I live.

How did you find this deal and how did you negotiate it?

Broker, friend connection.

How did you finance this deal?

My partner brought the 25% downpayment.

 Hey @Tyler Lingle! How much do you expect to spend on the rehab on this?

 Hi @Jaycee Greene, I have a contractor starting now with SOW for $60K-ish. Mostly all cosmetic including exterior. Probably needs a new roof within 2 years so that's on top...