All Forum Posts by: Tyler Lingle
Tyler Lingle has started 51 posts and replied 411 times.
Post: Greensburg Indiana Commercial Broker
- Real Estate Consultant
- Indianapolis, IN
- Posts 432
- Votes 287
I help folks acquire rentals 1-4 units in Indy and package them into commercial loans to scale! Welcome aboard to BP!
Post: Minimum Cash Flow???
- Real Estate Consultant
- Indianapolis, IN
- Posts 432
- Votes 287
Yes. Even if you cash flow $100 if you factor in 3% appreciation, tax benefits, amortization gain, that's usually 20 +% in annualized ROI.
Post: New Member BRRRR
- Real Estate Consultant
- Indianapolis, IN
- Posts 432
- Votes 287
Overall Indianapolis BRRRR thoughts:
- Good luck sourcing it on MLS between lowered inventory and multiple offers on good margin opportunities
- Find some wholesalers you trust, wine and dine them, start analyzing those deals
- Do hardcore due diligence on the front end and use cash or hard money (I have contacts)
- Be okay leaving ~15k in the deal all said and done. THAT'S EXPECTED NOW! The days of cosmetic full cash out brrrrs are gone and those waiting for those are doing just that.... waiting... and waiting...
My two cents
Post: Thoughts on Indianapolis Long Term?
- Real Estate Consultant
- Indianapolis, IN
- Posts 432
- Votes 287
@JoshuaMatthews that's a great overview. Same thing I'm seeing.
Post: New Member BRRRR
- Real Estate Consultant
- Indianapolis, IN
- Posts 432
- Votes 287
Hi Steele, messaging you. I do investor meet ups quarterly.
Post: Looking for Realtor to help sell property in Indy
- Real Estate Consultant
- Indianapolis, IN
- Posts 432
- Votes 287
Post: Buying 2 properties and maybe paying cash for one in Indiana
- Real Estate Consultant
- Indianapolis, IN
- Posts 432
- Votes 287
It depends on where they are at.
Class C in Indianapolis can mean a lot of things: declining neighborhood, stable yet not growing, or revitalizing. I advise people to invest based on the five year projection of that property.
If in five years the rent & price have appreciated 10% then that's a great deal, and there are a ton of Class C neighborhoods like Englewood, Bean Creek, etc where that is doable.
That's my take! Best of luck!
Post: Looking for advice on our first rental...
- Real Estate Consultant
- Indianapolis, IN
- Posts 432
- Votes 287
Why not a new build in the Midwest that cash flows? I help investors buy those.
Post: Indy Investor Meet Ups! Shooting for February
- Real Estate Consultant
- Indianapolis, IN
- Posts 432
- Votes 287
Everyone: This one actually sold out as our venue could only hold 75. There will be many more. If you want to set something up with my my website is below. I'm an active agent and investor. Cheers 🤙🏽
Post: Looking to build my team in Indianapolis
- Real Estate Consultant
- Indianapolis, IN
- Posts 432
- Votes 287
Quote from @Kenny Hall:
@Froilan Halili hey! Glad you can connect with @Tyler Lingle - highly recommend. I’d love to chat about the local areas and help you learn Indy. In addition can chat about property management services long term.
Kenny & his team are great Property managers!