All Forum Posts by: Tyler Lingle
Tyler Lingle has started 51 posts and replied 411 times.
Post: Out-of-state flipping- how do you go about it and is it even possible?
- Real Estate Consultant
- Indianapolis, IN
- Posts 432
- Votes 287
I would use an experience construction management team, property manager, and realtor. I'd be happy to set up a call with our team! @Nick Giulioni does awesome construction management with Off-Leash too!
Post: Masterminds in Indianapolis
- Real Estate Consultant
- Indianapolis, IN
- Posts 432
- Votes 287
Hey Maxwell! We do them. Wholesalers come to ours often. rootsrealty.co/investor-events/
Post: Where do you see things going this winter in the market?
- Real Estate Consultant
- Indianapolis, IN
- Posts 432
- Votes 287
Quote from @Henry Clark:
So in the moment. What are your lending institutions telling you? What type of deals do you see movement on? Although prices are expected to move upward if there is a downward move in rates, have you or your clients started to sell propertie outside your Cashflow or appreciation windows for wealth preservation?
People who are selling now are doing it because they have to usually. Hence there's some motivation I'm noticing on investment properties for sale, and deals to be scored. On the buy side we are seeing people who are in it for the long-haul still buying when they see a good deal...Rates are temporary, good deals are not.
Post: Where do you see things going this winter in the market?
- Real Estate Consultant
- Indianapolis, IN
- Posts 432
- Votes 287
Recently, I ran into this infographic. Very interesting predictions from Fannie, Wells and the MBA. If the forecasts are accurate, we are around the corner from another hot market with rates set to drop almost two percent!
My question is, where do you see interest rates going & why? What do you see happening in the real estate market over this winter?
Post: Need a recommendation good property management company in Indianapolis
- Real Estate Consultant
- Indianapolis, IN
- Posts 432
- Votes 287
Some I've used in the past-
LIV Indy
Intrigue Indy
I'm now using one of the above & self-managing. Both would be worth looking in to!
Post: Looking for Strategic Partner
- Real Estate Consultant
- Indianapolis, IN
- Posts 432
- Votes 287
Hi Dave, I believe I know which one you are speaking of. Great location. I'd love to connect to discuss.
Post: Location - Trying to nail down a location for my first investment property
- Real Estate Consultant
- Indianapolis, IN
- Posts 432
- Votes 287
Quote from @Min Zhang:
I prefer to start in the midwest, because the entry point is much lower and cash flows the best. As long as you develop your Core 4 like David Green’s mentioned in his long-distance investing strategy (realtor, contractor, property manager, and lender), you should be able to invest anywhere with confidence. I buy in Columbus, Ohio. Columbus has experienced so much growth for the past few years, partly due to the influx of tech giants like Intel ($20 billion), Meta, Amazon, and Google building warehouses and data centers in the area, which has contributed to an increase in property prices and more people moving into the city for job opportunities. I also invest in Cleveland and Cincinnati.
Hi there, Indy might be what you're looking for. We have extremely low unemployment (around 2.5%), rising rent rates (about 12-15% in 2022), tons of capital investment in our infrastructure & housing at the moment. Low median prices (although that's changing). Landlord-friendly, no pay-no stay laws. With my own rentals here I find it's a good mix of cash flow & long-term appreciation. Single family rentals (3 bed, 1 bath) you can get a solid one for $150-200k that will rent at or near the 1% rule. Small 2-4 unit, multifamily can be a great option to start with too (even better if you want to do an owner-occupant 5% down conventional loan - as they're now allowed!).
Post: Real Estate Happy Hour
- Real Estate Consultant
- Indianapolis, IN
- Posts 432
- Votes 287
A time to meet & connect about real estate. Grow your network. Talk to investors, agents, property managers, contractors, etc. It's at CoHatch Broad Ripple every third thursday of the month!
To sign up for our investor events list go here: https://rootsrealty.co/investor-events/
Post: Where should I invest Indianapolis IN, or Carmel IN?
- Real Estate Consultant
- Indianapolis, IN
- Posts 432
- Votes 287
Hot take - Invest in Carmel (if you can lose money for months to make real money in years). On the real, Carmel has an intense need for more STR's, however, the city is not super friendly to them.
Post: Investing in sketchy areas....
- Real Estate Consultant
- Indianapolis, IN
- Posts 432
- Votes 287
Gunshots can be heard in many areas of my city. Event sometimes areas on the up and up. Sadly, it is more of an urban vs. rural thing. That being said, excessive gunshots is obviously going to make the area less desirable.
I love the comments about investing in a unit you yourself would live in, or your friends. I think it's very wise and I wish I would have followed that advice on my first investments....