All Forum Posts by: Aaron B.

@Travis Farmer, wondered what was your experience with CastleRock?

@Mary Lou Moffat, welcome to BP.  It is a great site. We just moved from Vancouver, BC to Indy this Summer. My profile photo is my two daughters looking out from Light House Park toward Vancouver Island. I read your post I am not sure if you are looking to Wholesale in Indy (remotely) or trying to connect with local wholesalers to purchase.  If the later, I am happy to provide my assessments.  There are some really good wholesalers in Indy and others that are less so.  Please feel free to PM me with any questions. I am only an investor, I do not deal in RE full time, but have nothing to sell you.  Best of luck. 

@MarieChele Porter, Welcome to BP.  You cover a lot of ground in your post and each question you ask is a great question to consider. My recommendation would be to take a deep breath and begin your education.  I started my education and found the more I learned the more I found I did not know.  To help, BP has some great educational tools, and most are free. I really enjoy the pod casts, webinars, and blogs.  Additionally, read read read there are great books available on the RE topic.  

To address your question there are both pros and cons to SFH and multi family. I have read some fantastic debates on those two asset classes in the forums. Do a quick search and you will have reading for days. If you're interested in the Indy market you should really come and visit, however, I would suggest you take time to educate yourself in order to get the most out of the trip.

Generally speaking you need to be very cautious if you plan to purchases duplexs - quads in Indianapolis. Those types of properties tend to be in less desirable areas and have the associated problems with being located in those areas. That is not to say all duplexs - quads are bad but caution and really understanding the Indy market is required.  I have spent the last five months driving Indy extensively and now understand that I really didn't understand the complexities.  

I would be happy to chat your off to a great start by asking the questions.  Feel free tomPM me. I am always happy to provide my lay persons assessment. I am by no means an expert and there are others far more knowledgeable on Indianapolis.  In any case welcome to BP! 

@Matthew Schroeder, that is a great article.  Hopefully, the City can entice more tech and manufacturing companies to come to Indy. 

@Mark M., I will be out of town but I am interested in the next meet-up.  

@Tyler Jahnke, you ask a very difficult question without better understanding your goals. I moved to Indy this Summer and have spent the past 5 months driving the city and chatting with local experts. I would really encourage you to take a trip out to Indy (not right now because you will freeze your nuggies off).  The one thing I have learned first hand is the more I learn about Indy's neighborhoods the less I know.  As you are out of state, I am guessing you are a buy and hold investor. I personally like to evaluate properties based on their numbers and I have found that within same neighborhoods you get good and bad deals.  

More to you question. I think a lot of folks will point to Fountain Square, which is really a great place, but locals will be able to get into the nitty-gritty of other up and coming places.  I like the areas surrounding Fountain square because I think they will see revitalization as FS gets more expensive and prices people out.  For example, Bater-Hendricks and west of Woodruff place.  A bit of a more suburban market would be Lawrence and Perry township. Although suburban Lawrence also has some pretty tough areas.   

I tend to have stay-away zones for example North: between 30th and 38th, east/west between Crown Hill and Fall Creek.  

This article was shared in a separate post:  http://indyeast.org.  

Please feel free and reach out directly. I have nothing to sell you. 

@Lawson Ott, I actually just met with @Jynell Berkshire and she is excellent.  Very knowledgeable among the topics of real estate, government, and law. 

 Clay, thanks for the article and assessment. You probably saw, but I wanted to highlight the article that  @Louise A. website: http://indyeast.org.   

@Clay Manship, no doubt some rough areas, illustrated by @Ryan Dossey experience.  What are your thoughts on the upside, ie..location, .GOV is pumping in cash, and initial brand name businesses in the area. Sent you a PM as well.  Have a great day. 

@Ryan Dossey

That does not sound like fun.  Glad you were able to diffuse the situation before it got worse.  I'll pay attention to my surrounding for sure.