All Forum Posts by: Carlos Altamirano

Hi there, hope you have been having a great week.

Did you hear about this? Indianapolis was named "Dream City"for millennials, the nation's largest living generation with over 75M people. Given the booming retail in Broad Ripple, Mass Ave, and Fountain Square areas, we believe Indianapolis will continue to demand safe and affordable housing coming into 2017 and 2018. Read more about it HERE

We have a great Turn Key buy and hold investment opportunity in the Brookside Parkway South Dr / N Sherman Dr neighborhood of Indianapolis. This is a duplex with 3bed/1.5bath on each side. THIS DUPLEX DOES NOT NEED ANYMORE REHAB. Each side rents for $700/$1,400 monthly. Taxes are approximately $2,000/year average and insurance is currently $600 annually. Year leases have a renewal on July/August 2017. Repairs going forward should be minimal given the extent of renovation and the fact that all appliances and mechanicals are new. All new electrical (panels, wires and fixtures). All new plumbing. New water heaters. New washer and dryer's. Complete kitchens and baths remodel. All new flooring throughout. For an overview and pictures of this deal please click here HERE

You can also look at the financial analysis HERE

Comparable properties include

1) 2115 Nowland Avenue, Sold for $126,400 on 01/22/2016

2) 639 North Hamilton Avenue, Sold for $120,000 on 11/14/2016

Address: 1201 N Oakland Ave Indianapolis, In, 46201

Purchase Price: $120,00

Rehab Budget: $0

If you are interested and would like to move forward with this purchase please reply here or email. 

Thank you for your time.

-Carlos

-CFA Investments LLC

Hello @Christian Abella I sent you some info about us and this deal to your inbox! Thanks! 

-Carlos

Hi there, we have a really great single-family residence ready to convert to cash or provide housing for some people in that community.

Indianapolis is a great city to continue to buy and hold property and even greater to fix-and-flip for a nice pile a cash. Job growth will continue to go up as more and more corporations touch base here, did you read what is also going on at the airport? Pretty cool stuff read it

This single family residence is in the Ritter/21st St neighborhood of Indianapolis. This property consists of a 2bed/1bath inside an 8,146 sq/ft lot. The house is in decent shape inside and outside. It has great bones and ready for some TLC.

The property is currently vacant and is available for renovating right away. The rents in the area are $630 average for 2 bedrooms units. For an overview of this deal please click here

You can also look at the financial analysis HERE

Purchase Price: $$25,000

Rehab Budget: $12k-15k

If you are interested and would like to move forward with this purchase, please reach out to me through email or call.

Thank you for your time.

-Carlos

-CFA Investments LLC

Hey @Richard Anderson

The property has had a walk through this morning, and we got an estimate of $35k. Thanks!

Hello @Alain Perez-Majul

I sent some pics to the email on your profile. Thanks!

Hey @Richard Anderson

Glad you read my post! Yeah, city definitely needs to upgrade a lot of the roads in Indy! Looks like that is their plan. 

Hi there, and hope you had some memorable holidays this year!

Their is still plenty of multi-family investments all around Indianapolis ready to provide housing for the people in the community. We expect great growth as we move through 2017 and into 2018. Many residential buildings are in development downtown and the city's main priority is to expand our roads this year, take a look a this article here 

We have a great buy and hold investment opportunity in the Washington Park North/East side neighborhood of Indianapolis. This is a duplex with 2bed/1bath on each side. The house is in decent shape inside and outside. It has great bones and ready for some TLC.

The property is currently vacant and is available for renovating right away. The rents in the area are $600 average for 2 bedrooms units. For an overview of this deal please click here 

You can also look at the financial analysis HERE

Purchase Price: $12,000

Rehab Budget: $25,000

If you are interested and would like to move forward with this purchase, please reach out to me through Bigger Pockets or email.

Thank you for your time.

-Carlos

-CFA Investments LLC

hello @Nathan N.

Welcome to BP! Being part of this website is one of the best things I have ever done! Their are tons of things to absorb here. From the podcasts to the books to all the blogs posts. I buy and hold multi-family assets in east coast. Will be happy to connect! talk soon 

-Carlos

hello @Luke Mauger

Welcome to BP! I am a buy and hold investor of multi-family assets in east cost states. I help and show people how to use some of their savings to create streams of income through multi-family apartment investments. Would be happy to connect, I am only in Orange. Talk soon!

-Carlos 

hello @Christopher Davis

I reside in Orange, CA and Invest in east coast states, mainly in IN. I help and show people how to use some of their savings to create streams of income through multi-family buildings. Would be happy to connect! 

Talk soon