Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago, 09/04/2021

User Stats

1,411
Posts
658
Votes
Jason Malabute
  • Accountant
  • Los Angeles, CA
658
Votes |
1,411
Posts

Who here is familiar with the Bloomington , IN market?

Jason Malabute
  • Accountant
  • Los Angeles, CA
Posted

Who here is familiar with the Bloomington , IN market?

User Stats

20
Posts
6
Votes
Kelly Votolato
  • Rental Property Investor
  • Bloomington, IN
6
Votes |
20
Posts
Kelly Votolato
  • Rental Property Investor
  • Bloomington, IN
Replied

Hi Jason, I’m a local investor in Bloomington Indiana. I own several single family properties that are a mix of student rentals and workforce housing. I’m currently looking to purchase an apartment building with my partner. What interests you about the Bloomington market? 

User Stats

591
Posts
807
Votes
Spencer Gray
  • Syndication Expert and Investor
  • Indianapolis, IN
807
Votes |
591
Posts
Spencer Gray
  • Syndication Expert and Investor
  • Indianapolis, IN
Replied

Hi @Jason Malabute

I'm an investor based out of Indianapolis (an hour north) and am currently invested in two apartment complexes as an LP and one as a GP in Bloomington. We recently lost out on a bid to acquire another large (268) unit property there just a few weeks ago. 

Is there anything in particular you had a question about? 

CV3 Financial logo
CV3 Financial
|
Sponsored
Fix & Flip | DSCR | Construction Loans Up to 90% LTV - Up to 80% Cash Out - No Income Verification - No Seasoning Requirements

User Stats

1,411
Posts
658
Votes
Jason Malabute
  • Accountant
  • Los Angeles, CA
658
Votes |
1,411
Posts
Jason Malabute
  • Accountant
  • Los Angeles, CA
Replied
Originally posted by @Kelly Votolato:

Hi Jason, I’m a local investor in Bloomington Indiana. I own several single family properties that are a mix of student rentals and workforce housing. I’m currently looking to purchase an apartment building with my partner. What interests you about the Bloomington market? 

I invest in surrounding markets. Can we schedule a call this week? I want to refine my Bloomington knowledge.

User Stats

1,411
Posts
658
Votes
Jason Malabute
  • Accountant
  • Los Angeles, CA
658
Votes |
1,411
Posts
Jason Malabute
  • Accountant
  • Los Angeles, CA
Replied
Originally posted by @Spencer Gray:

Hi @Jason Malabute

I'm an investor based out of Indianapolis (an hour north) and am currently invested in two apartment complexes as an LP and one as a GP in Bloomington. We recently lost out on a bid to acquire another large (268) unit property there just a few weeks ago. 

Is there anything in particular you had a question about? 

I invest in surrounding markets. Can we schedule a call this week? I want to refine my Bloomington knowledge.

BTW a broker told me Bloomington MF is trading at a 2 cap is this true?

User Stats

20
Posts
6
Votes
Kelly Votolato
  • Rental Property Investor
  • Bloomington, IN
6
Votes |
20
Posts
Kelly Votolato
  • Rental Property Investor
  • Bloomington, IN
Replied

Hi Jason, my email is kelly@tesoropropertygroup. com. Let’s connect there.