I joined the forum several years ago but took brief hiatus to focus on building my primary business as a contractor in the motorsports world (mechanic/engineering for race teams) as well as better set myself up for financial success. In that time I managed to paid off all debt, build great credit, and save a substantial amount of money in preparation for my venture into the real estate world. I haven't been slacking though! I've continued to read books and listen to podcast about the real estate game, but it's time to start doing! I recently became a Pro member and have been working with the different calculators and analysis tools examining several deals a night. Putting in the reps!

Immediate goal:

Purchase a multi family property in Indianapolis with long term buy/hold intent
House hack property using the BRRRR method
Cash on cash ROI of 12%
Cash flow $200/mo

Reason for pursuing real estate:

Freedom. To become financially abundant, giving myself the freedom to just live life, be there for my family and friends, and give back to the community.

Questions:

1. What are other Indianapolis investors using as your vacancy rate? I've read articles stating 2019 rates were around the 7% mark, but I'm curious what actual investors are seeing/using.
2. What are your favorite Indianapolis real estate groups? Any persons of contact to become involved would be great!

I'm excited to start connecting with other investors in the area, and begin building a network full of positive relationships!

Newbie Reintroduction from Indianapolis, Indiana

Most Popular Reply