All Forum Posts by: Edwin Watson

Good Afternoon BiggerPockets Community!

I hope you're all having a productive week. As real estate investors, finding the right markets to invest in can make a significant difference in our success. That's why I wanted to share an insightful blog post I came across that highlights the Top 7 Landlord-Friendly States. This post is a must-read for anyone considering expanding their rental property portfolio.

The post provides detailed analysis and data for each state, helping you make informed decisions about where to invest next. I think the post does a great job in highlighting some of the many reasons Indiana is a real estate investment hotbed.

Read the Full Blog Post Here: biggerpockets.com/blog/landlord-friendly-states

Whether you're just starting out or looking to diversify your portfolio, understanding which states are most landlord-friendly can give you a strategic advantage. I highly recommend checking out this blog post and considering these states for your next investment. 

Let's discuss! Have any of you invested in these states? What has been your experience? Share your thoughts and insights in the comments below.

Happy investing!

Hey Tonatiu,

Starting your real estate investment journey with fix and flips is enticing, and can feel like a great way to generate capital for long-term investments; however, there are many pitfalls that you must look out for. Profits are not always guaranteed, so make sure you build a reliable team of agents, lenders, inspectors, and contractors. Property selection is of utmost importance, so you are going to want to research and do your due diligence on repair and renovation cost. Include a contingency budget for unexpected issues. As mentioned, you should definitely look to start small with a turnkey.

My team and myself work with investors in Indianapolis and surrounding areas. Feel free to contact me if you would like more information on investing in the area.

First and foremost, congratulations on your graduation and pending job! As many mentioned, networking should be high on your priority list. Invest time in educating yourself about real estate investing. BiggerPockets has excellent resources, including forums, podcasts, and books. Understanding the basics of real estate investment, market analysis, and property management is crucial. Given that you're just starting, it might be wise to begin with one property to gain experience (house hacking is a great way to start your journey and will help you build your finances). You can expand your portfolio as you become more comfortable with the process. It sounds like your salary, and your expected bonus, will be the foundation for your future investments, so make sure you calculate how much you can comfortably allocate towards real estate investments without straining your finances.

Hey BP Community!

Just a general question. From a marketing perspective, what months do you find it takes the longest to locate qualified tenants? 

No not at this time. 

Hello everyone!

As you all know, the landscape within software used for property management is robust. What software have you found to be most useful, and what tools do you recommend for managing multiple residential properties?

@David Ning Hey there! As you can see, Indianapolis is full of a lot of talented and knowledgeable real estate professionals. I, myself, am a licensed real estate agent servicing Indianapolis and the surrounding suburban areas. I am co-owner of Triple E Real Estate & Property Management. We have an extensive experience working with investors. New markets can be overwhelming, so if you have any questions, please feel free to reach out and connect.