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Updated almost 7 years ago,
Seeking advice for Buy and Hold rentals in Indiana
Hello,
This is my first post on BiggerPockets. I have listened to probably over 100 podcasts by now and have finally realized that it's time I seek out help and advice here on the forums. I have an interest in Indiana and would like to ask for advice on which areas are profitable to invest in there. I would like to purchase at least 2 rental units this year and am looking to spend anywhere from 30 to 50 thousand dollars each including rehab costs. I plan to employ the BRRRR method and therefore would love to find properties around 20-25% or lower below FMV. A few areas I would appreciate your help with:
1. Potential areas to invest in.
2. Reputable Property Management Companies to work with.
3. Reputable Contractors
4. The average home prices, what I can expect in rent, tips on property type, etc.
Any other advice you could lend me would be much appreciated. Being a "newbie" I don't have a great deal of expertise to provide but I am committed to contribute to the BP community where I can.
Thanks!