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All Forum Posts by: Alora Glaze

Alora Glaze has started 0 posts and replied 239 times.

Post: Networking for Indianapolis

Alora GlazePosted
  • Indianapolis
  • Posts 288
  • Votes 179

Welcome to the Indy market!
I always suggest to update your keywords on Bigger Pockets, so you get notified about your topics of interest and areas you're wanting invest in too - such as central Indy, Fishers, Irvington etc.


Trust your gut and always work with licensed and insured professionals!

Best of luck to you!!

Post: New and looking for core four

Alora GlazePosted
  • Indianapolis
  • Posts 288
  • Votes 179

Congrats on starting your REI career!! Join your local investor groups for those areas on Facebook and update your keyword alerts here on BP, if you haven't already, to include those areas of interest and "team" building so you can see who/what is being posted about that may pertain to you.

Best of luck as you get started!! Don't forget to trust you gut and check references!! Do not work with folks who are not licensed &/or insured professionals.

Post: Nashville is the wild west

Alora GlazePosted
  • Indianapolis
  • Posts 288
  • Votes 179

Congrats on jumping into REI - I'd recommend setting up your keyword alerts (under settings) on here so you can be notified about your area of interests immediately as they come up in the forums. Easier to digest all the resources when you narrow your focus - best of luck to you!!

Welcome to the Indy market as an investor!! Knowing the lay of the land, yet being OOS will be a big advantage. 

Always happy to help and connect - feel free to message me if you need any referrals. But I would go ahead and recommend joining local investor groups on Facebook and update your keyword notifications on BP to include the Indy market and other key phrases that will keep you apprised of what is happening in the area.

Best of luck to you!!

Post: Indianapolis Market, Investor friendly Realtors and Wholesalers

Alora GlazePosted
  • Indianapolis
  • Posts 288
  • Votes 179

Welcome to the Indy market!
Things are moving fast here but you can still make those west coast dollars stretch a bit further in the mid-west. Sounds like you have thought through your strategy! Just a word of caution when you start D4D around Indy - don't be afraid! Indianapolis is very much street-by-street but for me, that makes it easier to target areas of appreciation and where movement is happening. Opens up a lot more opportunity for all kinds of strategies.
I do suggest double-checking about applying for reciprocity with a California GC license in Indiana. I know CA allows reciprocity in some neighboring states like Arizona and Nevada but (and don't quote me) you may have to jump through some hoops in order for your CA GC license to be applicable here.

Best of luck to you!!

Post: Investing out of state

Alora GlazePosted
  • Indianapolis
  • Posts 288
  • Votes 179

Once you've researched your area - connect with a realtor. Always my best suggestion, and as mentioned above, they most likely will have the local knowledge and connections to help build a reputable team quicker. With that being said - you're 100% responsible for vetting your team - that means ensuring folks are licensed, insured, and can provide recent references.
Once your realtor is in place and able to give you the key insights to your market - you'll need a boots-on-the-ground so you can get into properties and make informed decisions. Since this market is moving fast - you'll need to make sure you follow your gut and never shy away from a second opinion. 

Best of luck to you!!

Post: Indiana investors, how are you?

Alora GlazePosted
  • Indianapolis
  • Posts 288
  • Votes 179

Welcome to the Indy market, Ryan!

My wheelhouse is OOS investing and have learned the ins and outs of it here around Indy - always happy to provide recommendations. Always make sure you vet anyone you add to your team, grab references and ensure they're licensed and insured.
We have had a good experience referring to City Place Property Management.

Best of luck to you!!

As far as I'm aware, appliances being included in a rental are simply just to encourage an applicant to lease the property; appliances are not required per-say.
As far as "expectations" are concerned, I would say your list is reasonable as to what I typically suggest having available for a rental as they will sustain wear and tear better long-term that providing laundry or counter appliances.

Best of luck to you!!

Post: Fort Wayne vs Indianapolis

Alora GlazePosted
  • Indianapolis
  • Posts 288
  • Votes 179

Biased towards Indy - the nice thing about the main city is that there is a lot of potential for several types of investment strategies. You don't have to be limited to the downtown area - Indianapolis is the ENTIRE inner 465 circle, and its street-by-street. You can find duplexes, SFH, and lots for new builds all within appreciating areas. Not hard to find - but the market is moving quick. I would recommend having your team (realtor, GC etc.) set-up before making offers.

Best of luck to you!

Just putting in my two-sense worth as far as making sure any recommendations you receive, you fully vet. That means making sure they are licensed and insured (and getting proof before work starts/contracts are signed) and then following up with their references to make sure they have a good history behind them as well.
DIY just isn't cutting it anymore with investment properties - make sure your contractor is bringing in proven professionals with their team and you've set firm and clear expectations of communication and timelines prior to starting.

Best of luck to you!!