Indianapolis Team Member Recommendations

[Lei Z.]

Hello again BP family,

I know this is a repeatedly asked question on the forum but time passes and situation changes so I thought to ask again.

I am starting my real estate investing journey in Indianapolis as an out of state investor. I’m planning on starting with single family buy and hold properties that require light/cosmetic rehab to force a worthy property value appreciation, rent increase and added rental listing competitiveness.

I’ve received a couple of strong referrals from my very small network (new connection requests welcome!). I want to do my due diligence to add a few more to the pool to make sure I find the best matches for all parties involved.

I was wondering if you would recommend some of our core team members (real estate agent, property manager, contractor and lender) to me for consideration. I’m also looking for recommendations for investor friendly inspectors, insurance agents, tax accountants. 

Thank you very much in advance!

[Mike D'Arrigo]

@Lei Z. I think you've made a good decision by selecting Indianapolis as your starting point. I just want to make sure you have the right expectations on forcing equity though. I don't know how you define a light/cosmetic rehab but generally, I light rehab isn't going to create equity if all it is is sprucing it up with paint and carpet. To really create equity, you're usually looking at making much more improvements.