All Forum Posts by: Kerry Noble Jr

I am a buy-and-hold investor that buys exclusively in Indianapolis. I am interested in acquiring more single-family homes in the 150-250k range in the surrounding Indianapolis areas using the BRRRR strategy. After a few years of searching, I have found a general contactor that I love and trust and am ready to pour gas on the fire.

I am looking for a partner interested in a long term buy and hold strategy! I am an Indianapolis native and currently work as an ER doc at the county hospital downtown. 

As someone who lived in Los Angeles and also needed to invest out of state, I've dedicated my career to market analysis and selection, and I personally think you've chosen pretty good markets. I'm currently biased towards Indianapolis based on its job growth and affordability, but you could honestly find deals in any of the markets you mentioned (and if your heart is set on the Atlanta metro area, I'd strongly suggest the towns Union City and Fairburn based on their growth, appreciation, and price -- I almost closed on a good BRRRR deal in Fairburn but the rehab was just out of my budget).

My suggestion is to start looking for on-market deals immediately to get a better feel for the price points and rents for each market. Then, narrow down from there and reach out to an investor-friendly agent you can find on the BP agent finder.

I've got a property to sell that's sub 200k and rents for $1500. 

Quote from @Kerry Noble Jr:

Im in Indy and open to connecting

Thanks Kerry! From what I understand, Indianapolis has good good growth potential and seems to be heading in the right direction. It’s also been on investors’ radars for a while, still plenty of opportunity? What area code should I look for in my budget and best area possible for that budget? Best area meaning hopefully at least a B neighborhood. Bring out of state, I’d rather not deal with neighborhoods with too much crime and problematic tenants. Any input is greatly appreciated, thanks!