Fort Wayne, IN - Submarkets advice and Building a team

[Shawn W.]

Hi BP community,

I recently had my mind set on investing in Fort Wayne, Indiana from out of state. This will be my first investment so definitely appreciate any advice or help in general! 

I haven't seen many Fort Wayne discussion on BP. I wonder anyone familiar with the market could give me some intro/breakdown on the submarkets neighborhood?

My hope is to buy in B- to A- area, prefer a small 2-4 unit (they don't seem to be very easy to find). SFR with positive cashflow would work too.

It doesn't have to be, but I m curious how new construction is in Fort Wayne as well. I don't see a lot of them, at least on the open zillow/redfin sites. I wonder anyone have any thoughts/experience on new construction in that market? 

I'm mostly interested in buy and hold for my first investment. LTR is good, but would like to explore MTR as well. 

Last but most importantly, I would love to start building a team and connect with Realtors, Property manages and investors, appreciate recommendations! 

Thank you, 
Shawn

[Scott P.]

I had a 2 unit in FW for about 15 years but i'm not active there now.  I'll try to watch for your posts.

[Staci Rogers]

Hi Shawn,

I would recommend you reach out to @Stephen DiJulius as he is a broker near that area. He is a fantastic resource and should be able to share some thoughts with you. 

I am also happy to connect as we provide lending throughout Indiana if you would like to chat.

Staci

[Stephen DiJulius]

Thanks @Staci Rogers!!

Shawn - feel free to shoot me a DM.

[Shawn W.]

Thanks @Staci Rogers & @Stephen DiJulius I'll reach out! 

[Michinori Kaneko]

nice, are you looking to sell this property? what is it renting for?