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Indiana Real Estate Q&A Discussion Forum
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Updated over 7 years ago, 08/18/2017

User Stats

268
Posts
78
Votes
Gustavo Munoz Castro
Professional Services
  • Specialist
  • Bothell, WA
78
Votes |
268
Posts

Traveling to Indy 9/18-9/30 would love to meet people in the know

Gustavo Munoz Castro
Professional Services
  • Specialist
  • Bothell, WA
Posted

Hello fellow investors! With the goal of getting a couple rental properties, we'll be going to Indy towards the end of September and would love to meet other investors to chat and learn about the different neighborhoods and investing options. We have some rentals in Seattle in C class neighborhoods (Section 8 and the like) but would love to see if we can get something better in Indy that can get good cashflow + appreciation. Open to any nearby areas as well.

Any REIA meetings that are active? What do you recommend we do to get the most out of our trip?

  • Gustavo Munoz Castro
business profile image
POWERISA
0.0 star
0 Reviews

User Stats

688
Posts
367
Votes
Elbert D.
Pro Member
  • Real Estate Entrepreneur / Investor
  • Chicago, IL
367
Votes |
688
Posts
Elbert D.
Pro Member
  • Real Estate Entrepreneur / Investor
  • Chicago, IL
Replied

How's it going Gustavo,

My partner and I work the chicago area and northwest Indiana area. We would be more than happy to introduce you to great areas to invest. You can also take a look at past houses we sold and rehab. We have our own rehab crew and property manager as well.

  • Elbert D.
  • User Stats

    841
    Posts
    480
    Votes
    Ritch Bonisa
    • Specialist
    • Indianapolis, IN
    480
    Votes |
    841
    Posts
    Ritch Bonisa
    • Specialist
    • Indianapolis, IN
    Replied

    @Gustavo Munoz Castro I'm in Indy and it's been a great market for us.  We have great teams in place and solid contacts.  If you'd like to talk more about it - just let me know. 

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    User Stats

    268
    Posts
    78
    Votes
    Gustavo Munoz Castro
    Professional Services
    • Specialist
    • Bothell, WA
    78
    Votes |
    268
    Posts
    Gustavo Munoz Castro
    Professional Services
    • Specialist
    • Bothell, WA
    Replied

    @Elbert D. would love to connect with you, Chicago is interesting too, would love to talk to someone that works both markets. Please PM me your contact info. How do Chicago and Indy compare?

    @Ritch Bonisa, I'll check out your site, love that you have your contact info right on there. Do you folks do SFH or multis? What areas are the best in Indy?

    Any REIA meetings or investor meetups you folks would recommend?

    • Gustavo Munoz Castro
    business profile image
    POWERISA
    0.0 star
    0 Reviews

    User Stats

    841
    Posts
    480
    Votes
    Ritch Bonisa
    • Specialist
    • Indianapolis, IN
    480
    Votes |
    841
    Posts
    Ritch Bonisa
    • Specialist
    • Indianapolis, IN
    Replied

    @Gustavo Munoz Castro We're into SFH & MFH, both flips and holds/rentals. PM me and I can give you the areas that we've focused on and worked in. Overall, its been a great market for us.

    User Stats

    688
    Posts
    367
    Votes
    Elbert D.
    Pro Member
    • Real Estate Entrepreneur / Investor
    • Chicago, IL
    367
    Votes |
    688
    Posts
    Elbert D.
    Pro Member
    • Real Estate Entrepreneur / Investor
    • Chicago, IL
    Replied

    @Gustavo Munoz Castro well chicago and Indiana both have good flipping and rentals areas. So it just depends what you want. Indiana may be a better rental area as the laws in Indiana are landlord friendly and you can remove someone in 30 days or less. It's the opposite for Chicago. The taxes are also cheaper as well. But Chicago also has good rental areas as well. Both states are almost equal in terms of flips. As of now I'll give the slight edge to Chicago as there are many high end areas to do flips and the ROIs are very nice. It's common to see 25% profit. Indiana also has high end areas such as Munster, Scherville and certain parts of crown point as an example. 

  • Elbert D.
  • User Stats

    438
    Posts
    293
    Votes
    Andy Rumple
    • Wholesaler and Real Estate Broker
    • Indianapolis, IN
    293
    Votes |
    438
    Posts
    Andy Rumple
    • Wholesaler and Real Estate Broker
    • Indianapolis, IN
    Replied

    I'm in the know as far as where to eat.

    User Stats

    242
    Posts
    48
    Votes
    Elia S.
    • Wholesaler/Real Estate Investor/Consultant
    • indianapolis, IN
    48
    Votes |
    242
    Posts
    Elia S.
    • Wholesaler/Real Estate Investor/Consultant
    • indianapolis, IN
    Replied

    Gustavo If your In Indianapolis would love to assist you with your Goals in Rental Properties also great REIA meetings is INREIA also like Mr.Andy Rumple stated he knows a Place or two Eat.

    User Stats

    438
    Posts
    293
    Votes
    Andy Rumple
    • Wholesaler and Real Estate Broker
    • Indianapolis, IN
    293
    Votes |
    438
    Posts
    Andy Rumple
    • Wholesaler and Real Estate Broker
    • Indianapolis, IN
    Replied

    Now I have to invite Elia too. No Dessert