All Forum Posts by: Daniel Huang

Hey @Josh C. house is on Adams Street to the north of Brookside Park. I'm thinking we can reach $650/mo as the area improves, thinking that current rent would be closer to $580-600 starting off. Would be down to hop on a call to chat - I've never been to Indianapolis, I just know based on my research that Indy is undervalued and has huge potential for growth. I'd love to hear your thoughts on Indy, where it is currently and where it's headed next. What are your thoughts on Adam street/Brookside Park - whats the potential there?

@Parker Eberhard I've heard of this concept, isn't Travis Kalanick staking out his next startup in this space? Do you see this trend sticking for the long-term? I hope sit-down restaurants won't disappear forever... Btw where are you based in Seattle, I moved back to Wy a few years ago, but was originally in West Seattle, right on Alki Beach!

Hey Greg, really appreciate the honest feedback here. I am definitely concerned about the ARV of this property being this low and wondering if it makes since to make a purchase of property in an area that's being revitalized. I understand this area is really rough, but have also read that money is being poured into the neighborhood. With its proximity to the Wholesale District and Fountain Square (lots of hip and new bars), I'm hoping in a few years, we'll start seeing single, straight outta-college kids who cannot afford to live downtown move to nearby areas like Near Eastside. Is there a potential for properties in rough areas to appreciate exponentially?

In your experience, is this a risk worth taking or am I seeing things through rose-colored lenses?

Hello everyone!

My name is Dan Huang and I am an Army Veteran turned tech entrepreneur turned Bigger Pockets podcast addict, who just made his first offer on a Near Eastside 1bd/1ba triplex in Indianapolis. Whoop whoop! Fingers crossed all this lurking around on the BP forums made me a smarter REI practitioner.

I've attached screenshots of deal analysis below for those of you who can provide feedback on what I did wrong - here to make mistakes, learn, and try again! If there's anything that I can take from my military experience it's to have thick rhino-like skin.

I'm focused multi-family units in Midwest cities situated along major interstates until I can trade up to apartments. I'm a sucker for older homes (modern homes lack the charm and craftsmanship) and absolutely love interior design (I've gotta thank my mom for that, she's got great taste). Transforming houses into a homes that's my game plan. 

Eventually, however, I'd like to get into commercial real estate, specifically restaurants. I come from a long line of restaurant operators and chefs (I chef around on a daily basis), and have been dreaming up restaurant concepts ever since I was a kid. 

I think that just about does it as an intro. If I sound like someone you'd like to get to know better, just drop a note and let's connect. The one advice I keep hearing and reading over and over is to network, even if we're not immediately in the same market now... who knows? The universe works in mysterious ways, doors close for others to open ;)

Looking forward to hearing from ya'll!

Cheers,
Dan Huang
Benchmark Ventures