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Updated over 3 years ago,
Indianapolis Buy and hold strategy - new investor needs advice
Hi BP members
I am looking into a buy and hold strategy for cash-flow and Indianapolis are looks reasonable .
I am looking at C+ abd B area SFH.
As I look to build my Core 4 I wanted to hear experience out of state investor have had here and share any info .
Realtor - What is the typical support you can expect ( i know it depends on each realtor) : Do they help find you the deal or you just pound the MLS and let them know which proprty you like and they check it out for you.
Property management co: I am looking in the suburbs of south indy . What is the typical management fee they charge and for repairs what has been your experience.
Handyman/Contractors- Do you let the property management co handle that or you have your own guys .
Home buying
Inspections: Is there something specific for Indy you have to look at - Radon, septi tank etc .
Home type- I am looking for 3Br 2 Bath - what is the most prefer type of house that tenants with family prefer there.
Thanks
Brian