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Updated about 8 years ago on . Most recent reply

Brian Bistolfo's profile image
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Brian Bistolfo
  • Rental Property Investor
  • from Kansas City, MO
  • Member since Aug 21, 2015
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Brian Bistolfo's profile image
Brian Bistolfo's profile image
Brian Bistolfo
  • Rental Property Investor
  • from Kansas City, MO
  • Member since Aug 21, 2015
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Brian Bistolfo
  • Rental Property Investor
  • Kansas City, MO
34
Votes |
68
Posts
Indianapolis Real Estate Forum

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!

Indianapolis, Indiana
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Edward Rhoads's profile image
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Edward Rhoads
  • Rental Property Investor
  • from Indianapolis, IN
  • Member since Apr 18, 2016
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Edward Rhoads's profile image
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Edward Rhoads
  • Rental Property Investor
  • from Indianapolis, IN
  • Member since Apr 18, 2016
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Edward Rhoads
  • Rental Property Investor
  • Indianapolis, IN
87
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200
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Edward Rhoads
  • Rental Property Investor
  • Indianapolis, IN
Replied

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

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