All Forum Posts by: Nick Giulioni

Hi BiggerPockets Community!

Myself and my business partner are looking for a hard-working, deal-finding person in Indianapolis to partner up with on some deals. We're mainly looking to BRRR small multi family buildings.

A little background on us:

We are both from (and currently live in) the Chicago area. We own 20 doors between us, and have been actively managing our rentals for about 5 years now. The property tax situation in Illinois frankly worries us, so we're actively looking at new markets in which to invest.

What we bring to the table:

Most importantly, cash. We have been fortunate enough to run a successful (Non real estate related) business for several years. We've manged to save up quite a bit of money. With that business experience, we've become very good at cost analysis and project management. Excel skills are very solid as well.

What we're looking for:

We're looking for someone who can hustle and find deals. Are you organized with your information and willing to spend the time to put together a deal and explain WHY it works? If so, we'd love to chat. We'd prefer someone with a couple deals under their belt who knows how to handle a rehab, and has some experience with contractors.

Feel free to reach out if interested. Or if anyone knows someone that we should talk to, let me know!

Hello all. I just wanted to introduce myself and hi. I am located in Indianapolis, IN. I am completely new to the forums and real estate investing in general. I would really like to start off with a few rental properties and go from there. Currently, I am reading "Buy, Rehab, Rent, Refinance, Repeat" (BRRRR) by David Greene. This appears to be the main strategy I will be using when I eventually start buying properties. Hopefully this will be in the next months. Thank you for taking to read and hello to everybody

Irvington is a great area, give it another year or two and I think it'll be similar to Fountain Square.

Good day everyone, I'm looking at investing in rentals ("buy and hold") in the I'polis area. What are some good areas I can invest in for decent cash flow? I'm targetting the good school district areas (West LaF? Carmel?). I saw threads here with similar questions but they are 3 years old...so I started a new thread to get the latest updates.

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*This link comes directly from our calculators, based on information input by the member who posted.

I haven't bought yet, but I'm moving from LA to Portland and even the deals on RedFin with 20% down often cash flow. Not sure on single families, as I'm interested in 2-4 units. Compared to other large markets on the west coast, the rents are much higher for the cost per sq foot of property. Meaning you get a much higher return on investment, easier to qualify for the loans too. Not to mention, for a buy and hold investor, there is currently no rent control! 

Hi everyone! I’m a new investor looking to get started on my first property. I live in a very expensive market (NYC) so I’m evaluating long distance markets as a place to get my feet wet on a smaller deal. I’ve been reading like crazy to learn as much as I can, but it’s still intimidating to find a deal, place an offer, manage rehab, find property management, etc with no experience.

Because of my inexperience, I’m also evaluating turnkey properties as an easier way to get started. Although the return would be lower, at least I could get started relatively easily without finding management and tenants, managing rehab etc, and hopefully I can gain confidence and learn along the way.

Does anyone have thoughts on a long distance rental vs a long distance turnkey as as a first investment?

For further context, I plan to purchase in early 2020, and by then I will have 50k saved as well as a 12k emergency fund.

Hello – I have been investing in Indianapolis real estate for the last 25 years owning and managing multiple rental properties for my personal portfolio so I am not new to real estate. However, I am new to Bigger Pockets and I joined in order to network and learn from others, offer advice to new investors, and to participate in the real estate community as I am looking to grow my portfolio of properties. I am a lifelong entrepreneur and have owned and operated multiple franchises and a couple of other businesses throughout Indiana, so I can also offer advice to entrepreneurs who are looking for insight as they are starting their own business. 

Let me know if you would like to connect, if you are seeking advice, offering advice, or if you would like to discuss a business relationship.

Thanks,

Brian