All Forum Posts by: Keith Rorer

Each area is going to be different. In my opinion - The MLS is your best resource for what's sold in recent months for comps. You need to have your RE license or be working with an agent to gain access.

Hi Andresa... There are lots of meet ups established thru the meetup app/website itself. I'm actually going to an investor meeting in the Northeast 2mrw night. What area are you in? 

Hi @Derrick Powell. This property is located in Indianapolis. Thnx for reaching out. Feel free to DM me.

@Karen Schimpf... Thank you for the insight. Indiana is a low entry barrier market with stable job growth. I started there with resi properties and recently decided to investigate the commercial side. I have "boots on the ground" already established (prop mgmt. and any maint/const needs), but I understand your statement. I'll find someone who will work with me eventually :)

@Eric Schleif... Asking price is $275k. Goal is to get closer to $200k. Right now, we are at $235k with negotiations.

Thnx to all for the advice and direction. Appreciate the comments. @Darryl Dahlen @Colleen F. @Barbara Phipps

Hi All,

A newer investor here. I'm looking to accelerate my growth here and I'm currently eyeing a 10 unit apt building in Indiana and I'm running into challenges with finding a lender. Probably because I'm not looking in the right places? Investor friendly banks that I'm aware and have spoken to only have products up to quadplex.

Any thoughts on where to pivot my search to? Much thnx!

Can anyone recommend a Commercial Realtor in Indy? I'm an out of state investor and am looking at apartment communities for sale in the area. Need some guidance on a particular address that I am interested in. It is for sale currently on LoopNet.

Thnx.

I would also check your local MLS to see if you can find "cash buyers" from settled transactions in your zip codes that you are targeting (no mortgage info will be listed). If you don't have access, hook up with a Realtor who can pull info. Easy to find via property records. If the buyer is an LLC, look them up online and reach out. If you see the name of the buyer as an individual, reach out to the settled property listing agent to try and obtain contact info or ask them to provide your info to the buyer. Savvy investors will always want to network to find deals.

Best of luck!

Welcome Bennie! Plenty of great resources here on BP. Sounds like you've already found something that sets you apart.

Best of luck to you!