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All Forum Posts by: Lauren Perry

Lauren Perry has started 8 posts and replied 82 times.

Post: How to find a Mentor? Out of state Multifamily Properties (Los Angeles)

Lauren PerryPosted
  • Realtor
  • Indianapolis, IN
  • Posts 87
  • Votes 47

Hi Jesse.

I'm an investor in Indianapolis but started as an out of state investor (Oregon) about 5 years ago before we relocated here. I'm also a licensed agent with personal experience in the multi-family space so I'd be glad to connect and see how I may be able to assist you in getting started with your investments in Indy.

Lauren

Post: "Rural property" private money/hard money

Lauren PerryPosted
  • Realtor
  • Indianapolis, IN
  • Posts 87
  • Votes 47

Have you tried CPL out of Carmel? They did a loan for me on a property between Avon and Danville that other lenders wouldn't consider.

Post: We're looking for contractors in Indianapolis

Lauren PerryPosted
  • Realtor
  • Indianapolis, IN
  • Posts 87
  • Votes 47

Finding reliable contractors can prove to be a challenge in any market, Indianapolis included. 

After 5 years of inconsistent experiences with GCs and their subcontracting teams, we have started to bring our small to mid-sized rehab projects and rental turns in house. If you’d like to connect, I would be happy to chat with you to see if we can be of service through our PM company. 

I can also recommend the team at Off Leash Construction. Nick and his team have tons of experience with all  construction all around Indianapolis and are a great resource as well. 

Lauren

Congrats on snagging that first home! I wish you all the best as you improve your primary home to build equity and work towards your first investment property. 

I also started my real estate journey with a fixer upper primary residence years ago and it was a great jumping off point to growing a real estate investment portfolio. I'd be happy to connect and help you get started with rental investing here in Indy if I can ever be of assistance.

Best, 
Lauren 

Post: Mentor in Indianapolis

Lauren PerryPosted
  • Realtor
  • Indianapolis, IN
  • Posts 87
  • Votes 47

Hi Isaac, 

I'm a buy & hold investor, flipper and licensed realtor and have been investing in rentals/flips here in Indianapolis for about 6 years. We also operate a property management business and work with other investors to help oversee their projects and stabilize their rental properties. 

I'd be interested in learning more about your construction services to see if there is an opportunity to help one another. 

Feel free to shoot me a message if you'd like to connect. 

Best - 

Lauren

Post: RE Investment coaching for Indy/Indianapolis

Lauren PerryPosted
  • Realtor
  • Indianapolis, IN
  • Posts 87
  • Votes 47

Hi Sunny. I live in Indianapolis and have implemented the BRRRR strategy repeatedly with my portfolio. Happy to connect and see how I can be of help. I can also make a recommendation to an investor colleague who has more formal coaching offerings.

Lauren 

Post: Newbie eager to get started on midterm rentals in IN

Lauren PerryPosted
  • Realtor
  • Indianapolis, IN
  • Posts 87
  • Votes 47

Hi Jan!

Glad to see you getting started and would love to help any way that I can. I invest in short/mid-term rentals myself and have a number of investor clients who do the same here in Indy. Feel free to connect if you'd like to chat further. 

Post: Looking for lender that does DSCR Cash Out immediately

Lauren PerryPosted
  • Realtor
  • Indianapolis, IN
  • Posts 87
  • Votes 47

Hi Ashley. 

Jared Shore with Mamba Mortgage is a good option for DSCR loans and can close quickly through several different lenders.

Scott Trilling with IU Credit Union is also a great resource and may be able to offer better rates than traditional DSCR lenders, depending on your situation. 

Post: FTHB OOS REI Multifamily Advice

Lauren PerryPosted
  • Realtor
  • Indianapolis, IN
  • Posts 87
  • Votes 47

Hi Josh!
Congrats on clearing that first hurdle in the process. I'm a former OOS Investor investing in the Indianapolis market. I relocated here from Oregon a few years ago to grow our portfolio and help other investors. I'm a licensed agent, own a property management company and have a great network of contractors we work with so feel free to reach out if you'd like to chat more about this market.
*I also know of a cool property you might consider here. Recently rehabbed larger home in a great location downtown with a separate carriage house apartment over the 3 car detached garage. Not a traditional multi-family property but might be worth considering.

Post: Cleveland or Indianapolis

Lauren PerryPosted
  • Realtor
  • Indianapolis, IN
  • Posts 87
  • Votes 47

I chose Indianapolis for exactly the reasons you described. Over the past few years I've been pleasantly surprised by the appreciation also, though that was not the goal. I would suggest you consider how easily you'll be able to assemble a team to work in whichever city you choose. I've learned through experience that the "boots on the ground" will make or break your profitability. I began investing as a remote investor on the west coast and have since relocated to Indy to focus on building our portfolio and helping other investors so feel free to reach out if you'd like more info!

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