Looking to do a house flip in Indiana

[Andrew Gheen]

I am a college student set to graduate within the next year, and I’m eager to dive into the world of real estate investment. I have no debt and have managed to save a significant amount of money. Over the past year, I fully renovated a house owned by a family member, which has given me some hands-on experience.

Currently, I am exploring properties that I could potentially fix up and have been practicing underwriting for these prospective investments. However, I recognize that I still have a lot to learn and would greatly appreciate any guidance from experienced investors, especially those familiar with the Indianapolis market.

If you have experience in real estate investing and are willing to share your insights, I would love to connect and learn from you.

Thank you!

[Jonathan Greene]

That fact that you have a little experience is good, but not a reason to go find one of your own to flip at this age. When you say fully renovated, do you mean you did the work with all required permits and are a contractor? If not, that work will likely come due later if it wasn't done in compliance or off of YouTube.

Flipping right now is very hard, and much harder as a first-timer trying to DIY it with low inventory. You would be better served upgrading from your last one and becoming a small partner in a flip where you could bring your sweat equity and some cash and learn on the job more when it's not a family member.