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Updated about 8 years ago on . Most recent reply

User Stats

68
Posts
33
Votes
Brian Bistolfo
  • Rental Property Investor
  • Kansas City, MO
33
Votes |
68
Posts

Indy BRRRR Strategy from Out-of-State

Brian Bistolfo
  • Rental Property Investor
  • Kansas City, MO
Posted

Hi All,

New investor here, looking to do a number of BRRRRs on SFHs and duplexes in Indianapolis (looking in the fountain square area).  Anyone had success with this strategy from out-of-state?  I'm looking to get connected with buyer brokers and experienced wholesalers who have (rough numbers here) $30k-ish deals that will rent for $700-800 after $10k repair.

Anyone had major problems finding general contractors or property managers without boots on the ground?

Any help much appreciated!

Most Popular Reply

User Stats

200
Posts
87
Votes
Edward Rhoads
  • Rental Property Investor
  • Indianapolis, IN
87
Votes |
200
Posts
Edward Rhoads
  • Rental Property Investor
  • Indianapolis, IN
Replied

Most 30k + 10k deals that are decent get 600-650 rent.

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