All Forum Posts by: Wes Ingram

@Paula Reavlin, I have been investing a bit in Terre Haute for the last two years. I would echo the above comments that it has good cashflow for the pricepoint. It also doesnt have bad appriciation latley. As more manufacturing repatriates and especially midwest I think Terre Haute is primed for further appriciation and growth. There are also quite a few opportunities for flip or fix and holds in the downtown areas and around Indiana State Uni and 12 points.

@Dante Foreman

Hi I an out of town investor from Arozona with property in Indiana. I am very interested in your city. I would love to join a meetup if you are still running one? 

Wes

@Ron Avellan Hi I do t know of one but happy to join or set a meetup if we can get a few people together would be great! 

 Hi Garnett, I'd be glad to share any contacts in my list. Shoot me a DM

Hi Nitin,

I have Invested in Terre Haute and am long distance. Fairly new to the area but any help i can offer im here you can send me a message on here or PM me.

Wes Ingram

Hi @Matt, No haven't love some advice or a connection!

Hi, I'm looking g for a qualified Foundation guy/girl or a Structural Engineer with experience in Masonry foundations. I have recently purchased a 2 story duplex that is a brick foundation from the late 1800s in Terre Haute, IN. From what I can tell I am increasingly concerned about its viability. Its been hacked up alot over the years with repairs additions, hvac ect... I wanted to reach out to the community see if there is anyone could recommend?

Thanks for any assistance, it is really appreciated!

Hello, I am an out of state residential investor looking to join, or form a meet up with other investors in the area. Is there a Terre Huate meet up group? I couldn't find any active but saw a few threads indicating one was being started a few years back. If anyone has interest in this please reach out to me. I'm sure I can get a local coffee shop or pub to block off a room and time. In addition if there are any old Terre Haute hands and local investors listening and could find the time I would be very grateful to meet you one on one or otherwise when in town. This is our first venture to the midwest. My wife and I are small residential investors in Phoenix AZ, South USA and overseas mainly SEA and Chengdu/Chongqing China so have only recent experience in Indiana so probably not alot to offer on market specific insight. However, I have developed some good working relationships locally and will be actively looking to share whatever resources and knowledge we learn through our investments.

Hope to hear from ya!

Wes

Hi, I'm looking g for a qualified Foundation guy/girl or a Structural Engineer with experience in Masonry foundations. I have a 2 story duplex that is a brick foundation from the late 1800s. From what I can tell I am increasingly concerned about its viability. Its been hacked up alot over the years with repairs additions, hvac ect... I wanted to reach out to the community see if there is anyone could recommend? 

Thanks for any assistance, it is really appreciated!

@Jason this article is addressing the decline in a Muncie, Bloomington and Terre Haute (Indiana college towns). https://www.tribstar.com/news/... It questions when the census was done i.e right after covid and students sent home. However the University has drastically reduced enrollment from something like 15k 2015 to like 8k. Positives - they just built an expensive (relatively) convention center, getting a 240million dollar casino and have job commitments and dollars coming in from steel, food processing, manufacturing, life science, plus a large hospital and new medical centers. Ross Hulman is the #1 engeneering school of somekind of ranking each year ect. and most of all you can see the hipsters microbrew and coffee shops popping up. I think its a mixed bag but has potential...Seems some stale minds in gov and commerce though. Local government touts opening a big prison as a economic win while I see a grand total of 1 convention booked over a year away at the "convention center" .. why not hold a big jobs/engeneering fair for free promote Rose Hulman or a nursing expo for hospital/ISU... ring up Grate Dane or Steel dynamics and tell them there tax abatment will pass if they book the company convention in TH! show the city there tax dollars actually work.. Sorry I digress, late night.. That being said I saw enough positive for my small small portfolio to purchase 10 rentals in the Thompson Park / Farrington Grove area. Cash flows are good, renters seem plentiful, homes are comparatively cheap and low rent to own @31% which I feel you want if you are going into extended inflation in a town with lower income jobs but good employment numbers and I like the look of town:) haha very very long post and my first!.. wonder if anyone will get to the end of it:)-