All Forum Posts by: Aaron Clements

Hello Arturo! I am a local investor and wholesaler in Indianapolis and would live to meet with you and have some contacts I can connect you with.  What is your main strategy? Flip? Buy/hold? Notes? Please let me know when you have some time on Tue or Wed afternoon. 

All the best!

Thanks Michael!

I'll reach out to him!

Thanks Shawn!

I appreciate all pig your advice! That is fantastic advice for looking for contractors. 

I am fortunate enough to have partnered with a very skilled partner who knows what he's doing for all that I'd normally hire a general contractor for. I am mainly looking for skilled laborers to help him out on the job site.  I am helping out where I can, but being my first project, I'm very limited in my skillset at the moment.  I'm learning everyday though... haha

I will ask my realtor and at my local REIA groups as well. That's great advice!

Thanks!

Thanks Jon!

We're doing a complete remodel. Converting a1 bed 1 bath on each side into a 3 bed 2 bath on each side.

This is a great question.  I'm also a newbie from Indy. If you'd like to chat a little, please connect with me on here and/or come to the CIREIA meeting tomorrow evening in the NW side. 

Thanks @Ralph C. @Shelley Johnson and @Steven Hamilton II

I appreciate all of the input.  This has given me some things to look into and research.  Given the proximity to the tax deadline, I'll likely end up filling an extension and find a tax professional from there as I still have documents to gather and organize for the 2015 tax year. 

Thanks everyone!

Thanks Jynell! Will do!

Thanks  @Ralph C.

That is great information.  I will make sure to focus on those questions and keep those considerations at the forefront of the conversation.  I am also in the process of finding and interviewing a real estate minded CPA as well. Thanks for your input!

Thanks @Arpan Patel! I appreciate the input. I have a family/personal Lawyer who handles writing most of my contracts.  I'm mainly looking for someone to handle all the real estate specific needs that may arise. 

Hi All!

I am just starting out and am looking to "build my team". In the process I'm looking at interviewing CPA's as my former CPA has rendered themselves unhelpful as of late. I'm wondering what types of questions I should be asking in these initial meetings to make sure it's a good fit.

I'm based in Indianapolis. What is a good "going rate" for a CPA? Or is there even such a thing? What types of fees should I be asking about and what should I expect to pay? Are fees negotiable? Should I anticipate hourly rates or is it generally flat rate fees depending on services rendered? What type of frequency should I be consulting with my CPA? What are some types of things I should avoid or watch out for?

I'm planing on starting out with SFR or multifamily but my long term goals are MDUs and storage units. I'm also currently renting out rooms in my primary residence. What types of things should I alsk about in reference to that?

Thanks in advance!