All Forum Posts by: Johann Villalvir

It depends on the plans I have for the new property. However, your current tenant can work an agreement where the original tenants have the rights to finish the lease they signed

Can you get a copy of the lease he signed with the previous ownership? It's tricky because if you did not make him sign a new lease, he's only bound by his previous agreement. If you made him sign a new lease, did you stipulate the cost for breaking the agreement?

Check out this interactive dashboard showing where out-of-state investors are from in Indianapolis. Do you see this trend growing or shrinking?

Explore the dashboard here:

https://public.tableau.com/app/profile/kylene.warne/viz/Indi...

Just sent you a DM. DMs are allowed :)

Depends on how easy they can transformed into residential units

I'm located in Indianapolis and several builders I've talked to are working with $90/sqft

Transaction volume is down 59% in Indianapolis. What are you doing during this downturn to set you up for success when the market picks back up?

Hey @Gurvinder Singh we have several users that invest in Indianapolis. Feel free to schedule a zoom call with me from my profile

I've seen plenty of permits being pulled by homeowners. I've even seen some plans drawn on napkins and being accepted by the city. Definitely something you can do yourself.

I would recommend visiting the permitting office for your city and finding examples of structural permits that have been approved to get a sense of their standard. Best of luck!

Some lenders do 70% of ARV with a $15-20k cash on the bank and a credit score above 620