What’s my Next Step?

[Alex Ballesteros]

I am seeking advice/ assistance on what i step i should be doing next in route to purchasing my first multi family property. Please see my current situation below, and feel free to comment & share your thoughts/ advice:

My current situation: 

I am a first time investor seeking to purchase my first investment property. I currently have capital built up to purchase a down payment on a multi family property (duplex/ triplex) in the area that i am seeking (Indianapolis, IN). I am pre-qualified for $450,000 conventional loan, and i have reached out to a real estate agent who currently sends me deals via email. I am investing out-of-state, and would be looking to put together a team to help me with the entire process of acquiring a deal, reparations, management, etc. I am also currently self-teaching myself on real estate investing watching tons of videos & reading REI books, and trying to connect/ network with investors.

[Jake Knight]

Hi Alex,

I'm a local Property Manager here in Indianapolis.  I would highly suggest finding/securing your whole team prior to purchasing a property that way you can rely on their expertise to give you valuable information.  Also, you'll be able to learn their fees so you can calculate all your cost correctly.  You'll want to make sure their philosophies align with what you're looking for.  Indianapolis is really inconsistent or "street by street" so professional guidance is required.  Let me know if I can be a resource.