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Updated about 4 years ago on . Most recent reply

User Stats

46
Posts
17
Votes
Sandy RL
  • Flipper
  • Valparaiso, IN
17
Votes |
46
Posts

Northwest Indiana Apartment Investing

Sandy RL
  • Flipper
  • Valparaiso, IN
Posted

I'm not a total newbie. I've been a real estate broker for a few years. I have done a fix and flip; and even though I love it, I'm interested in being more of an investor; more specifically, apartments. I've been reading books and BP posts and blogs. I have listened to hundreds of podcasts (BP, Joe Fairless, Michael Blank, Rod Khleif, Jason Hartman). I'm sure that the only way for all of the knowledge to sink in is to start doing. 

I am researching ways to get a mailing list together. I am aware of ListSource. I have, in fact, talked to a rep from ListSource who said that I would be better off mailing to a different state because Indiana is a nondisclosure state. I do know how to work with property records for the 2 closest counties here. And of course I have access to the local MLS.

I am also able to travel to Illinois and Michigan as both are only half hour drive.

So why do I write? Because I just finished reading Think and Grow Rich again. And of course it goes into length about a master mind group. I don't know anyone in my area that is interested in multifamily investing. So I have racked my brain trying to figure out how I am going to get a mastermind group together. And one day ( as I am trying to get caught up on my Best Ever podcasts) I listened to yet another Best Ever guest say that he can be contacted on Bigger Pockets. So I slapped my head and said that I already have a master mind group in Bigger Pockets.

So I welcome everyone's advice. If there are other investors in Northwest Indiana who are interested in meeting, I would be more than happy to start a group. I would love to find a mentor. If anyone has any great recommendations, I am open. 

Thank you in advance for everyone who responds.

Most Popular Reply

User Stats

42
Posts
12
Votes
Tommy Desmond
  • Real Estate Broker
  • Troy, MI
12
Votes |
42
Posts
Tommy Desmond
  • Real Estate Broker
  • Troy, MI
Replied

I'm in Michigan, I focus on the suburbs north of Detroit. Our apartment market is pretty hot at the moment, but there are deals to be had still. There's opportunity in SFR too.

When you say you're interested in being more of an investor, do you mean you want to do less flips and start holding more rentals? Or do you want to just be hands off (ie private money lender)?

I have two tiers of market I focus on, the mid-blue collar and more white collar communities. If you're interested in connecting, drop me a line. 

  • Tommy Desmond
  • Loading replies...