All Forum Posts by: Gloria N Gear

Hi Sunny -- Welcome to freezing Indianapolis.  I am going to DM you, but I would love to invite you to an all ladies investor meeting that meets up near Keystone Mall on the third Thursday of the month.  We would love to hear your story - there are several ladies in the group that have rentals scattered all over the US.

Hi Penny, I do not personally know the Champaign/Urbana market, but my cousin used to be the marching band director there and it is a beautiful little community.  The investors I know that are successful there cater to the college market.  I am in Indianapolis (only a couple of hours from there) so a similar feel but not so rural with a thriving job market.  Let me know if you would like to hop on a call to have a conversation about that.

Nicholas L is right though -- OOS investing is a lot of work and the key is to get surrounded by the right team - property manager, contractors, etc.

Hi Sandeep,

Good question -- it really depends on the area. Some areas are much better for condos, some multis would do better.  And also what would cash flow. When you add up the fees, sometimes condos don't work, but if you get in a bad neighborhood with a multi, that sometimes causes high turnover which limits your profits.  You also need to be careful with some condo associations because they limit how many rentals are allowed.  I would be happy to hop on a call with you and discuss.

Hi Tony,  

For Indiana, in my opinion, Hocker Title is best for wholesalers and OOS Investors.  Monument Title and Investors Title are also very good.  PM me if you need contact info.

Hi @Leslie Bovaird, it is me.  I will send you a direct message.  Happy to hop on a call and answer any questions about Indianapolis.

Hi Charisse,

I have been helping OOS investors for the Indianapolis for 7 years now and am an investor myself.  I would be happy to hop on a phone call and answer any questions you have.  I will PM you.  I have lived here for 12 years and am so excited about the growth and development that I continue to see.

Hi Justin,  I will send you a PM with contact info, but IU Credit unition has some really good options for investors especially for Indiana residents.  I also do a lot of work with Jared Shore - Mamba Mortgage.  

Jordan, you are right here in Indy.  Buy here where you can keep you eye on it.  Hundreds of investors want to invest in Indianapolis and it would be so much easier for you because you can drive to the areas and make sure they are good.  I will PM you.

Hi Mayana, I am happy to connect with you.  The local groups that I have connected with and found the most information is CIREIA on the east side (near washington and 465) and InvestHer (all ladies) - we meet up near Keystone mall.  You can also join Indianapolis Out of State Investor Facebook Group.

I would be happy to have a conversation about Indianapolis.  Very landlord friendly, low taxes, stable diverse economy, population growth.