All Forum Posts by: Mark Jones

@Jacob Deacon agreed!  It takes a team, but we have definitely seen investors that do very well in this market!  Well said.  

Hi James, I can be another resource for you in Indy.  I'll PM you. Feel free to reach out if I can answer any questions!  

@Greg Scott is correct!  If you decide to go down that path, we have used accurate tax management in the past.  Good luck!  

Hi Fredrick, I'll PM you as well.  Feel free to reach out if I can help.  I have been investing in the Indy market for over 20 years.  Happy to help you strategize to meet your investment goals here.  

Lots of great professionals listed here Mary!  Would also be happy to answer any questions you have about investing in Indy.  I have been investing and managing property here since 2002.  Best of luck! 

Hey Josh, I have a few electricians that we have used for our properties.  I'll send you a message with some info.  

You've had some great success already! I started with house hacking just like you and then grew into other types of investments without living in them first.  the equity you have built so far will be a great tool as you move forward.  I have lots of connections in Indy, so if there is anything you need, feel free to reach out.  Best of luck!  

Welcome Leann!  I am currently in San Diego at the National Association of Property Manager convention.  There was a speaker from Zillow yesterday that gave some stats over the past year.  Indianapolis was one of the biggest areas for grown in rent appreciation.  I have been investing here since 2000 and it has been a great, stable area over the years.  Good luck!  

Would be happy to be a resource for you as well.  

I agree with Dan on the maintenance and capex.   I see investors all of the time that don't put enough in these two categories when calculating their investments and wonder why they are losing money each month.  Also agree about the PM fees.  Make sure you understand all of them so your expense estimate is correct.  If you find another home in Indy, would be happy to tell you about the vacancy rate we are seeing so you have that correct in your estimate.  Good luck!