All Forum Posts by: Brandon Bishop

@Hank Keller I am looking for SFR homes or duplexes. Would prefer distressed properties that I can turn into rentals (like to keep the 20% equity after repairs for refi).

@Larry Fried Thanks for the advice. For now I will be hiring a property manager and managing remotely.

@Steve Olson I would love to chat with you over some of these deals. I am also looking locally, as well as other markets. I sent you a colleague request. 

Hey guys, 

My name is Brandon and this is my first post (even though I have been on BP for awhile). I'm an investor from Utah, looking to branch out into other markets and currently have interest in the Indianapolis market. So much so, that I am heading out there this weekend to get a "boots on the ground" look. Interested in mainly buy and hold

In leading up to the trip, I have been reaching out to some of you and also doing my research on what areas to avoid and which ones are coming up. Responses have been mixed, and it sounds like a few blocks can make all the difference in the world.

My question is- does anyone have any advice for staying out of unfavorable areas? I'm seeing properties being wholesaled for 20-30k (all require work), so I am guessing those aren't in the best areas? I had someone mention that the areas with rents under $700 might be good to avoid.

Areas I have seen properties in are: Anderson, Lawrence, Warren Park, Shelton Heights, Noblesville, Whiteland and Mapleton Fall Creek.

Any help is GREATLY appreciated.

Hey @Brandon Turner, 

PM his info please. Picking up a few projects out there next week.

Thanks