All Forum Posts by: Nick Giulioni

Hi Everyone,

With Indy on lockdown, a lot of businesses are implementing a stay at home initiative, unless it's for essential business much like the rest of the country. I'm looking to do a BRRRR in Indianapolis but I'm wondering if I should hold off until the lockdown has been uplifted?

Reason I ask is the GC I currently use is no longer taking any new projects due to the COVID19 situation. Have you been seeing the same, are contractors still taking new work generally or are they not considered essential?

If so, I'd love some recommendations! Appreciate the help!

Thanks!

I am looking for an investor/landlord friendly Lawyer in the Indianapolis Area.  Anyone have any recommendations of someone you have used?

My husband, Ernie, and I were born and raised in Indianapolis, Indiana (aka "Naptown). My husband has 20 years of construction background. Me, I'm a jack of all trades. We are beginning our journey to financial freedom and generational wealth. Our goal this year is to purchase our first multi family unit (or two). We're eager to learn and network with other investors and like minded people in Indianapolis or surrounding cities. We're new to this game but the first step was getting our piece on the board and a place in this real estate investment world. We're looking forward to this year's conference in New Orleans (fingers crossed). Profile pic to come.

@Nick Giulioni great! Can you please send me her contact info?

Anyone know any reliable realtors in the Indianapolis area that can list, show an upcoming rental property?

It would be preferred if they also can facilitate the initial application and lease completion as well.

Currently sitting around $5k cash and growing. Fortunately, I graduated early and quickly and my student loans are not more than around $115 a month. My school now is around $900/month which I am paying out of pocket but when I start grad school my company has mentioned paying for it. I have moved back home for the present time and my parents are ok with me staying. I don't have to pay rent so I get to bank a lot of my money. I would like to get into rentals, but I am unsure if there are any I can afford at the present time. I am building my credit now with school and I just got a credit card to help build. (I have no negative marks on my credit just young around 700).

Hey all,

I am hoping to become a new investor soon and am looking for advice! I currently am making around 3K a month at my internship/fulltime position (Recent college Grad). 

I currently have no experience in real estate and am currently researching and educating myself, saving for down payments, and also building my credit.

I have experience in construction management and architecture and a flip doesn't scare me even though I am sure it probably should. I live in Southern Indiana just so you may have an idea of what my market may look like. 

Questions:

1. What is a reasonable timeline for me to reach my 3k goal? 

2. Should I start an LLC before I purchase my first property or do everything personally?

3. Flipping, wholesaling, or rentals to start?

4. Do I need a real estate license? (Getting mixed opinions from all my research and bigger pockets podcast guests)

5. What do you think would be the best way for me to move forward with real-estate to try to match that 3k a month and then continue to grow afterward?

Open to all advice and opinions!!!

I would remove Haughville and Bates Hendricks from your list.

Haughville= war zone

Bates Hendricks= prices are too high... it's a flip market

Hi everyone!

I just got my offer accepted on my first rental property! With all that is happening right now, I'm looking at reducing my down payment, so I need to go over my numbers again. I have estimated being able to get at least $1,750 per month on a fully redone 4 bed 2 bath home by East 70th Street and Keystone in Indianapolis. Some new rentals have popped up around it that are less than that, but are not redone and not as many rooms/baths. Would some of you be willing to look at that area and tell me if $1,750 is a bad estimate and why?

Thank you!