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Updated over 4 years ago on . Most recent reply
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Connecting with Indianapolis investors
Hi guys! Im new to BP.
Im planning on doing long distance REI. Hoping to connect, talk, and meet up with Investors from Indianapolis!
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Welcome to the Indy market!
It can be intimidating starting projects long-distance, however, it can also be a lot more profitable for you in the long run if you're trying to get into a lower-priced market to make your money go farther.
If you're just getting started, consider joining investment groups to get connected with like-minded folks and hear what those are saying about certain GC's, realtors, lenders, or otherwise. As you're going through looking for properties, don't trust 'zestimates' on Zillow - get with an REI realtor to run true comps instead.
My best advice would be to make sure you thoroughly vet anyone you work with but stay cautiously optimistic - you won't hit a home run with every project but just getting on base to fund the next venture is a win too!
Best of luck to you!!