All Forum Posts by: Hayden Steger

This furniture was purchased for over $6,500 when new for an Airbnb and was only used for a month and a half. Here’s your chance to get it for less than half of its original value! This includes everything needed for a 2 bedroom home including furniture, rugs, art, decorations, silverware, plates, etc.

This is perfect for someone furnishing an Airbnb or their personal residence that’s starting from scratch. Save time and money by purchasing it in bulk.

Link to Photos: https://drive.google.com/drive/folders/1ip8TCq62BtSSHr4150Q1...

Hi Danielle, 

I put a couple links below that will give you some general data about both markets, and will give you some background on my personal experience with them as well. I grew up on the southwest side of Fort Wayne, which has been experiencing a lot of growth and development over the last 10+ years. I moved to Indianapolis a couple years ago and was surprised to find significantly more growth and development here. To keep things simple for this post, you'll find many more opportunities in the Indy market compared to Ft. Wayne simply due to the fact that it's a much larger city. With that comes much more competition, particularly from larger, more established RE investment companies and funds. Both cities still are much easier to get into compared other markets in California, Texas, or Florida. As long as you have reliable "boots on the ground" such as a property manager or real estate agent that has experience working with out of state investors, you'll significantly increase your chances of acquiring the right property that will generate the returns you're looking for. I'd be happy to give you a more in depth explanation if you want to send me a chat! 

Indianapolis: https://www.rent.com/indiana/indianapolis-apartments/rent-tr...

Fort Wayne: https://www.rent.com/indiana/fort-wayne-apartments/rent-tren...

Hi Evan, 

Indianapolis is a great city for young professionals when you consider the amount of job opportunities paired with low cost of living and options for restaurants and night life. The biggest selling point for me was the people, it's home to some of the most genuinely nice people I've ever met. 

Looking at the city from an investor's perspective, @Becca F. is absolutely right, you need to make sure you're buying in the right neighborhood. If you're not familiar with the area, I would  come for a weekend and drive/walk through areas you might be interested in. I'd recommend starting with Fountain Square, Fletcher Place, Old North Side, and Lockerbie Square. 

As long as you partner with an agent, such as @Tyler Lingle, who's knowledgeable about our local market and understands what you're looking for from an investment standpoint, you'll be in good hands!

Hi @Adelaide Ning, 

I manage a few MTR's here in Indianapolis for for clients based out of California, this is a great market to get into based on the growth this city has seen over the last few years paired with the low cost of entry. My clients were able to purchase 3 units for less than the cost of 1 unit in the part of California that they're located in. 

As long as you're able to partner with a local manager you can trust, such as @Gabe Chase and @KiKi Wood, I would highly recommend investing here!

Investment Info:

Small multi-family (2-4 units) other investment in Grover.

My previous boss and mentor had two studio apartments that were sitting vacant for a long time. I rented both, furnished them, and listed them on mid-term rental sites like Furnished Finder. After rent, utilities, and supplies are paid for, I average approximately $1,150 per month in cashflow.

What made you interested in investing in this type of deal?

I wanted to find an investment strategy that would provide more cashflow than a traditional long term rental, but I wanted it to be lower maintenance than a short term rental.