Looking to connect with OOS investors in IN

[Cody Z.]

Hi Everyone,

A late happy new year to all! I am looking to invest out of state in 2019, and I am currently considering the Indianapolis market. I am located in New Jersey so it would be great to chat with other investors / actors in the market and get some perspective on potential team members, neighborhoods, prices, etc. I have seen plenty of posts discussing growth in the area and some basic analysis shows that properties are certainly priced favorably (price to rent ratio, etc.) when compared to my home market.

My strategy will be to use the BRRRR method (unique, I know) to invest in SFR and MFR (when available) for positive cash flow and to use a full-service team (agent, contractor, PM). Also, I am looking for a HML to help finance the first few as I grow.

Again, any advice / comments would be very appreciated. Thank you for your time if you're still reading :-)

Best,

Cody

[Marc Santoro]

Cody,

I'd highly encourage you to talk with Jeff Wallenius of North Peak Investments.  Honest, reliable and professional.  Offers full turn-key solutions as well as a variety of financing options.  Really encourage you to do your due diligence on anyone you talk to as we've had a few bad experiences here.   Jeff's been featured on Bigger Pockets podcasts (#241) and has invested extensively in the Indianapolis market.   

http://www.northpeakinvest.com/about-us/

Good luck!