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All Forum Posts by: Edward Rhoads

Edward Rhoads has started 1 posts and replied 197 times.

Post: Buying investments at market value

Edward RhoadsPosted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 200
  • Votes 87

Donald to echo what others have been saying you are better off buying a decent neighborhood of indianapolis where you can even at market price get a 10 cap and if you can get it less off market you can get 12-15 cap.  That might be far from you though so maybe Ft Wayne or Gary is better?  I don't know those markets though.  But Simple Wholeselling does Ft Wayne.

Post: Anybody familiar with Keystone Funding Network?

Edward RhoadsPosted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 200
  • Votes 87

I signed up at the $3k level.

Once I finally got a deal for them to work with they sat on it and would not answer emails or phone calls and ran out the clock.  I lost 2500 in earnest as a result.

I would say these guys are a scam DO NOT WORK WITH THEM!!!

Post: Looking for Indianapolis area Contractors

Edward RhoadsPosted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 200
  • Votes 87

I have one it is a company I bought part of he did such good work for me.

Post: indy contractors

Edward RhoadsPosted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 200
  • Votes 87

Only one I can recommend is one I bought part of his company (Indy has a LOT of crooked contractors, like 90% of them).

His name is Johnathon Oliver.  Not sure I can post phone numbers on this website.

Post: Indianapolis

Edward RhoadsPosted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 200
  • Votes 87

John Galang

I am not a fan of Arlington until about 46th St myself.  

Marion County as a whole is great as long as you avoid war zones.  Anything close to downtown is either on fire or will soon be.

The one above might be really good a few years from now as Bates-Hendrix money (a neighborhood that went up a lot two years ago) is pushing in that direction as we are seeing a huge demographic shift towards downtown.

Post: 5% Loan without application fee - SCAM or not?

Edward RhoadsPosted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 200
  • Votes 87

This guy posted in Indianapolis also so it looks like he is posting all over.  Might be fishy.  Google searches pulled up this chat but nothing else.  Anyone actually fill out an application?

Post: Indianapolis, writ of possession moving companies?

Edward RhoadsPosted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 200
  • Votes 87

Usually the constable with the court has a company they work with.  Get it from them.

Post: Zionsville, Carmel, Northside Indianapolis Real Estate Meetup

Edward RhoadsPosted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 200
  • Votes 87

Sounds like a nice group but going to be out of town Monday.  Will try to go next month.

Post: Indianapolis

Edward RhoadsPosted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 200
  • Votes 87

Avoid the areas that have ARVs under 60k and you should be fine. Don't use build zoom to get the contractor.

Post: Excited Newbie - Indianapolis, IN

Edward RhoadsPosted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 200
  • Votes 87

You should start going to CIREIA and INREIA meetings (find them on meetup.com).  If you become a wholesaler I am a fix and flip investor.