Hey all! New investor - Southside of Indianapolis

Hey all! New investor - Southside of Indianapolis

Franklin, IN · Member since 2015 · 19 posts · 6 votes

Hi folks! I'm new to this real estate thing. I've spent the last few months researching, crunching numbers, and planning my first move. In the midst of my first duplex purchase. I currently rent one side and worked out a deal with my landlord to buy. So I'm gonna stay in my half and keep renting to my current neighbor. Hoping to learn a lot of the course of the next year - tax implications, what it means to be a landlord, how to sharpen my budgeting, and etc. 

Ryan

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Indianapolis, IN · Member since 2014 · 205 posts · 74 votes
9y
Welcome and congratulations! That is a fantastic way to get started. I'm on the south side too. Perhaps we should start a south side meetup, unless there is one already and I haven't heard about it yet?! Happy investing to you! BP is where your answers and education is at!
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  • Professional · Carlsbad, CA · Member since 2012 · 12k+ posts · 1k+ votes
    9y

    @Ryan Taylor

    Welcome to Bigger Pockets. You are at the right place to learn about real estate investing.

  • Investor · Trafalgar, IN · Member since 2016 · 95 posts · 58 votes
    9y
    That's exactly how I started out...I built a duplex and moved into one side and rented the other! Where are you located? I have several units on the south side of Indy (greenwood) as well...welcome!
  • Indianapolis, IN · Member since 2014 · 205 posts · 74 votes
    9y
    Welcome and congratulations! That is a fantastic way to get started. I'm on the south side too. Perhaps we should start a south side meetup, unless there is one already and I haven't heard about it yet?! Happy investing to you! BP is where your answers and education is at!
  • Investor · Trafalgar, IN · Member since 2016 · 95 posts · 58 votes
    9y
    Michelle T, that would be awesome! I Have been looking for something like that for a while but haven't been able to find much....where are you on the south side? I'd be happy to participate in a meetup!
  • Investor · Greenwood, IN · Member since 2015 · 4 posts · 0 votes
    9y

    I'm in Greenwood (fairly new to investing) and would love to join a south side meetup too if you happen to start one. 

  • Franklin, IN · Member since 2015 · 19 posts · 6 votes
    9y

    I think a meet up would be great! I'm in Franklin. 

    Also, I found that there's a landlord association for Bartholomew County. I was looking at the website a week or so ago. I think I saw they were having an event on March 2rd.. Can't remember where I saw that now. I think I'll go check that out assuming I can find the details again :)

  • Wholesaler and Real Estate Broker · Indianapolis, IN · Member since 2009 · 438 posts · 293 votes
    9y

    Yes I think that is Brad Grayson's group. He is an excellent resource and teacher for landlords.

  • Orlando, FL · Member since 2016 · 69 posts · 11 votes
    9y

    Welcome @Ryan Taylor to the community

  • Greenwood, IN · Member since 2016 · 8 posts · 1 vote
    9y

    Welcome... I am from Franklin and live in Greenwood.  Just put my offer in on my first property as well and it is in Franklin.  A Franklin/Greenwood meetup would be great... I think the guys that run Ram investing (http://ramsinvesting.com/) might have something but have not been able to nail it down.  

  • Franklin, IN · Member since 2015 · 19 posts · 6 votes
    9y

    hi @Don Harmon 

    Thanks for the welcome. Nice to hear of another investor in the area. Let me do some thinking and I'll come back with a meet up idea so we can all get together and chat. There's some definite interest among the folks how have responded to my intro post. Thanks again, everyone, for the warm welcome!

    Ryan

  • Franklin, IN · Member since 2015 · 19 posts · 6 votes
    9y

    @Don Harmon, @Andy Rumple, @Matthew Johnson, @Michelle T., @Brian Pfaehler. 

    It's seems we're all pretty open to the idea of a Southside meet up. Let's make it happen! 

    Here's what I propose: 

    Saturday April 22nd, 930am - 1030am, McDonalds off of i65 in Franklin (2080 E King St, Franklin, IN 46131)

    For this first meet up, it'd be cool to simply meet everyone and have everyone introduce themselves. As a part of the self-introductions, it'd be great to hear about each persons involvement in real estate and maybe some of their goals / reasons for choosing real estate as an investment vehicle. 

    My hope is that we can get to know each other and make some new friends and contacts. I imagine the introductions will spur some great questions and conversations, but in the interest of time I'll try to guide us so that everyone gets to introduce themselves before the hour is over. Also, before the hour is over, we can discuss if / when / where we'd like to meet again. What do you all think? Sound like a reasonable first meet up?

    .. We don't have to meet at a McDonalds again for the next one haha. Just thought this might give us some room to sit and chat versus Starbucks or Benjamin's coffee, both of which are very crowded. 

    Ryan

  • Investor · Greenwood, IN · Member since 2015 · 4 posts · 0 votes
    9y

    Sounds good to me, but I don't know if I can do 930. 1030 would be better if that works for everyone else too. 

  • Investor · Trafalgar, IN · Member since 2016 · 95 posts · 58 votes
    9y
    I'd be good for this!
  • Franklin, IN · Member since 2015 · 19 posts · 6 votes
    9y

    @Matthew Johnson @Brian Pfaehler 

    Hey guys, glad you're still interested. I can do 1030am if that works better. 

  • Indianapolis, IN · Member since 2014 · 205 posts · 74 votes
    9y

    I will be at my sons school spring fair, otherwise I'd be there for sure!

    Keep me posted on the next one please.

  • Franklin, IN · Member since 2015 · 19 posts · 6 votes
    9y

    @Michelle T. @Brian Pfaehler @Matthew Johnson @Andy Rumple @Don Harmon

    Hi Folks, 

    I want to change direction a bit for this first meet up. Above you'll see I posted a time and location to get together. I've thought about this again and realize that posting the time and location publicly on the forum might not have been the best idea. So, let's go a different direction here and plan this "offline". 

    Can those of you interested in meeting up send me a direct message? We can exchange email addresses and get a email chain going about a new time and place to meet. 

    Also, I've been in touch with a few other, more experienced, small group leaders who have shown interest in helping us on the south side develop a more official meet up! 

    Hope to hear from you. I'll be keeping an eye on my inbox!

    Ryan

  • Franklin, IN · Member since 2015 · 19 posts · 6 votes
    9y

    So, to clarify, we will not be meeting at the previously mentioned location :).

  • Real Estate Broker · Indianapolis, IN · Member since 2019 · 3 posts · 1 vote
    7y

    Did anything ever come of this? I'm from Greenwood, currently stacking some cash and prepping to find a duplex/triplex/fourplex to house hack in early 2020 and eyeing up some of the neighborhoods close to downtown Indy. 

    I'm looking for a group to network with. 

  • Investor · Trafalgar, IN · Member since 2016 · 95 posts · 58 votes
    7y

    Where are you located? I’d be happy to meet up with you on the south side at a duplex I just purchased near County Line and Meridian. Wanna grab coffee one day next week? 

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