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All Forum Posts by: Bob Hinrichs

Bob Hinrichs has started 117 posts and replied 152 times.

Post: 3/1 in Lawrence Township Indianapolis

Bob HinrichsPosted
  • Specialist
  • Indianapolis, IN
  • Posts 160
  • Votes 20

                  We've got some of the best off-market deals in Indianapolis. Here is one of them right now!

               3940 N Webster Ave Indianapolis, IN 46226

                                       Photo Galery 

Hey BP,

This brand new deal is available for immediate assignment!

This is a cute 3 bedroom and one bath property located in Lawrence township. The house has been vacant for some time, and will need the better part of a full rehab to get it back to livable shape. But once the rehab is completed, this will make a tremendous addition to your rental portfolio.

We're estimating that it will throw off $550 in monthly cash flow.

We've included a link to all the pictures. Just click the camera icon above.

If you'd like to reserve this, please call or email right away!

What to expect:

  • Property is being sold 'as-is' and 'where-is' for cash or hard money
  • Buyer should do all due diligence needed before agreeing to buy. Any information provided is as a courtesy and is not warranted
  • To reserve the deal, you'll need to sign paperwork and submit $2,000 of non-refundable earnest money to Monument Title, located at 6053 N College Ave. Indianapolis, IN 46220
  • Buyer shall pay all closing costs
  • If the deal isn't for you, let us know if there is someone else who might want it. We'll pay you a referral fee of $1,000 if you can bring us a buyer that we are able to work with!


P.S. Can I have 30 seconds of your time? If you want to keep seeing our
off-market deals, please add me to you safe sender or contact list. If you need help with this, click HERE

*Contracting Party either owns or has equitable contractual interest in the property. Sale will either be in the form of an assignment of the purchase agreement between Contracting Party and Owner or a direct sale from Contracting Party to Buyer. Sale of the property is conditional on Seller of property providing acceptable title to the property.

**All properties are sold for cash or hard money. Buyer will need to verify information and funds. A $2,000 non-refundable earnest money deposit and 14 day or less closing period are required.

***Contracting Party makes no representations or warranties, either express or implied, about the property. All descriptions of the property and pertinent information described in this message have been attained through public records, the County Assessor's office, MLS, or viewing of the property. The Seller also makes no warranties, either express or implied, as to the potential return of this property as an investment. The Buyer understands and acknowledges that any information in this message is not warrantied. The Buyer has conducted their own investigation of such information, and is choosing to purchase based on their own conclusion. Buyer is "as is and where is" with no contingencies.

****All properties are subject to errors, omissions, deletions, additions, and cancellations. No warranties, whether express, implied, written or oral have been made to the Buyer. The Buyer has conducted all desired due diligence, and has decided to make a purchase based off of their findings. Buyer understands they will pay all closing cost.

*****Contracting party is a broker under license RB16001625, but is not the listing agent of the Property

Post: 3 Bedroom Rental Property Next to NEAR Indy Project

Bob HinrichsPosted
  • Specialist
  • Indianapolis, IN
  • Posts 160
  • Votes 20

                    We've got some of the best off-market deals in Indianapolis. Here is one of them right now!

               419 N Sherman Dr Indianapolis, IN 46201

Hey BP,

We've got a few brand new deals coming your way and here is the first one. This property is a huge 3 bedroom, 2 bathroom property with an unfinished attic space that can very easily be finished out for another bedroom.

It's located at the eastern edge of the Promised Zone in a quickly developing area. You'll notice that the Minnie Hartmann building directly across the street is being renovated as part of the NEAR project (Near East Indy Renewal). A lot of city and federal dollars are getting spent on improving this part of the city!

If the great location isn't enough, some other great features are the hardwood floors, a detached garage, and an attic you can finish into a bedroom.

With the current layout, we project this property can rent at the $725-$750 range, and that would increase if you added another bedroom.

The property will need landscaping, [likely] a new furnace, kitchen cabinets/counters, interior paint, and cosmetic work throughout the house.

We've included a few pictures and financial potential below. Also look for the link to all the pictures towards the top. If you'd like to reserve this, please call or email right away!

                                            If you'd like to reserve this deal, please contact me immediately: 

What to expect:

  • Property is being sold 'as-is' and 'where-is' for cash or hard money
  • Buyer should do all due diligence needed before agreeing to buy. Any information provided is as a courtesy and is not warranted
  • To reserve the deal, you'll need to sign paperwork and submit $2,000 of non-refundable earnest money to Monument Title, located at 1848 N Alabama St, Indianapolis, IN 46202
  • Buyer shall pay all closing costs
  • If the deal isn't for you, let us know if there is someone else who might want it. We'll pay you a referral fee of $1,000 if you can bring us a buyer that we are able to work with!


P.S. Can I have 30 seconds of your time? If you want to keep seeing our
off-market deals, please add me to you safe sender or contact list. If you need help with this, click HERE.

 *Contracting Party either owns or has equitable contractual interest in the property. Sale will either be in the form of an assignment of the purchase agreement between Contracting Party and Owner or a direct sale from Contracting Party to Buyer. Sale of the property is conditional on Seller of property providing acceptable title to the property.

**All properties are sold for cash or hard money. Buyer will need to verify information and funds. A $2,000 non-refundable earnest money deposit and 14 day or less closing period are required.

***Contracting Party makes no representations or warranties, either express or implied, about the property. All descriptions of the property and pertinent information described in this message have been attained through public records, the County Assessor's office, MLS, or viewing of the property. The Seller also makes no warranties, either express or implied, as to the potential return of this property as an investment. The Buyer understands and acknowledges that any information in this message is not warrantied. The Buyer has conducted their own investigation of such information, and is choosing to purchase based on their own conclusion. Buyer is "as is and where is" with no contingencies.

****All properties are subject to errors, omissions, deletions, additions, and cancellations. No warranties, whether express, implied, written or oral have been made to the Buyer. The Buyer has conducted all desired due diligence, and has decided to make a purchase based off of their findings. Buyer understands they will pay all closing cost.

*****Contracting party is a broker under license RB16001625, but is not the listing agent of the Property

Post: 2/1 Near Douglass Park Indianapolis: Can Easily Be 3 Bedrooms!

Bob HinrichsPosted
  • Specialist
  • Indianapolis, IN
  • Posts 160
  • Votes 20

                       We've got some of the best off-market deals in Indianapolis. Here is one of them right now!

               2451 Sheldon St. Indianapolis, IN 46218

Hey BP!

This cute property is located just a stone's throw from Douglass Park, and will be a great rental for your portfolio.

Currently, the house has a 2 bedroom layout. Feel free to keep it this way or make some simple changes to turn it into a 3 bedroom and increase your rent and return.

The renovations on the property are already halfway completed. It will still need paint on the exterior trim, some or all new windows, finish the work in the bathroom, install a kitchen sink and a new furnace.

At rents of $675, we're projecting this will throw off a 14% return on your money! And you should be able to get much better rents if you make this into a proper three bedroom!

For only $16,500 (which includes purchase price and assignment fee) and closing costs, you can make this your own. Call or text me to reserve this!

What to expect:

  • Property is being sold 'as-is' and 'where-is' for cash or hard money
  • Buyer should do all due diligence needed before agreeing to buy. Any information provided is as a courtesy and is not warranted
  • To reserve the deal, you'll need to sign paperwork and submit $2,000 of non-refundable earnest money to Monument Title, located at 1848 N Alabama St, Indianapolis, IN 46202
  • Buyer shall pay all closing costs
  • If the deal isn't for you, let us know if there is someone else who might want it. We'll pay you a referral fee of $1,000 if you can bring us a buyer that we are able to work with!


P.S. Can I have 30 seconds of your time? If you want to keep seeing our
off-market deals, please add me to you safe sender or contact list. If you need help with this, click HERE

*Contracting Party either owns or has equitable contractual interest in the property. Sale will either be in the form of an assignment of the purchase agreement between Contracting Party and Owner or a direct sale from Contracting Party to Buyer. Sale of the property is conditional on Seller of property providing acceptable title to the property.

**All properties are sold for cash or hard money. Buyer will need to verify information and funds. A $2,000 non-refundable earnest money deposit and 14 day or less closing period are required.

***Contracting Party makes no representations or warranties, either express or implied, about the property. All descriptions of the property and pertinent information described in this message have been attained through public records, the County Assessor's office, MLS, or viewing of the property. The Seller also makes no warranties, either express or implied, as to the potential return of this property as an investment. The Buyer understands and acknowledges that any information in this message is not warrantied. The Buyer has conducted their own investigation of such information, and is choosing to purchase based on their own conclusion. Buyer is "as is and where is" with no contingencies.

****All properties are subject to errors, omissions, deletions, additions, and cancellations. No warranties, whether express, implied, written or oral have been made to the Buyer. The Buyer has conducted all desired due diligence, and has decided to make a purchase based off of their findings. Buyer understands they will pay all closing cost.

*****Contracting party is a broker under license RB16001625, but is not the listing agent of the Property

Post: 3/1 Rental in Wayne Township School District Indianapolis

Bob HinrichsPosted
  • Specialist
  • Indianapolis, IN
  • Posts 160
  • Votes 20

                We've got some of the best off-market deals in Indianapolis. Here is one of them right now!

           821 Waldemere Ave Indianapolis, IN 46241

Photo Galery: https://drive.google.com/drive/u/5/folders/1Ew_M2H...

BP,

Check out this 3/1 located in Wayne Township Schools! This property is in fantastic condition and will make a solid addition to your rental portfolio.

It has a newer dimensional roof, HVAC that was replaced in 2012, siding and windows that are in great shape, and a huge garage. Combine all of that with the fact it's in the Wayne School District, and this makes one heck of a rental.

The property is currently rented well below market values on a month-to-month agreement for $600/month. To maximize returns, it will likely make sense to raise the rents to the market rate of $750/month.

This property is in such great shape, you probably won't have to put any money into it. However, we accounted for $5,000 in repairs, just in case you'd like to do some work. With that rehab factored in, we're estimating a cap rate of 10.7%!

Click the link above for pictures. And be sure to call or email if you'd like to reserve this or ask any questions!

What to expect:
  • Property is being sold 'as-is' and 'where-is' for cash or hard money
  • Buyer should do all due diligence needed before agreeing to buy. Any information provided is as a courtesy and is not warranted
  • To reserve the deal, you'll need to sign paperwork and submit $2,000 of non-refundable earnest money to Monument Title, located at 1848 N Alabama St, Indianapolis, IN 46202
  • Buyer shall pay all closing costs
  • If the deal isn't for you, let us know if there is someone else who might want it. We'll pay you a referral fee of $1,000 if you can bring us a buyer that we are able to work with!

P.S. Can I have 30 seconds of your time? If you want to keep seeing our
off-market deals, please add me to you safe sender or contact list. If you need help with this, click HERE
*Contracting Party either owns or has equitable contractual interest in the property. Sale will either be in the form of an assignment of the purchase agreement between Contracting Party and Owner or a direct sale from Contracting Party to Buyer. Sale of the property is conditional on Seller of property providing acceptable title to the property.
**All properties are sold for cash or hard money. Buyer will need to verify information and funds. A $2,000 non-refundable earnest money deposit and 14 day or less closing period are required.
***Contracting Party makes no representations or warranties, either express or implied, about the property. All descriptions of the property and pertinent information described in this message have been attained through public records, the County Assessor's office, MLS, or viewing of the property. The Seller also makes no warranties, either express or implied, as to the potential return of this property as an investment. The Buyer understands and acknowledges that any information in this message is not warrantied. The Buyer has conducted their own investigation of such information, and is choosing to purchase based on their own conclusion. Buyer is "as is and where is" with no contingencies.
****All properties are subject to errors, omissions, deletions, additions, and cancellations. No warranties, whether express, implied, written or oral have been made to the Buyer. The Buyer has conducted all desired due diligence, and has decided to make a purchase based off of their findings. Buyer understands they will pay all closing cost.
*****Contracting party is a broker under license RB16001625, but is not the listing agent of the Property

Post: Fountain Square Indianapolis Area Fixer-Upper

Bob HinrichsPosted
  • Specialist
  • Indianapolis, IN
  • Posts 160
  • Votes 20

@Jeff Kemmer Yes, I'll shoot you an email!

Post: Fountain Square Indianapolis Area Fixer-Upper

Bob HinrichsPosted
  • Specialist
  • Indianapolis, IN
  • Posts 160
  • Votes 20

                                           2340 Hoyt Ave Indianapolis, IN 46203

BP,

This deal is located just a few blocks east of Fountain Square for only $36,250!!

The property is a cute little 2 bedroom property needing some TLC. The tenant will be vacating the property before closing, so you'll have a clean slate to work with! Consider a few exit strategies including holding this as a rental property or doing a full retail flip.

Some details on the house: the roof and water heater are fairly new. The furnace is working, but is older. A few items to consider are the chimney will likely need some tuck pointing and the kitchen floor is soft, and should be looked at.

Otherwise, the house will need some siding work, a few windows and cosmetic work throughout.

Investor news: Indianapolis has committed to building a new criminal justice campus just a stones throw from this property. For some more information on the project, read this ARTICLE.

If you'd like to reserve this or have questions, please call or email right away!

What to expect:

  • Property is being sold 'as-is' and 'where-is' for cash or hard money
  • Buyer should do all due diligence needed before agreeing to buy. Any information provided is as a courtesy and is not warranted
  • To reserve the deal, you'll need to sign paperwork and submit $2,000 of non-refundable earnest money to Monument Title, located at 1848 N Alabama St, Indianapolis, IN 46202
  • Buyer shall pay all closing costs
  • If the deal isn't for you, let us know if there is someone else who might want it. We'll pay you a referral fee of $1,000 if you can bring us a buyer that we are able to work with!


P.S. Can I have 30 seconds of your time? If you want to keep seeing our
off-market deals, please add me to you safe sender or contact list. If you need help with this, click HERE.

Post: Plainfield Indiana Property: 2/1 With Great Upside Potential

Bob HinrichsPosted
  • Specialist
  • Indianapolis, IN
  • Posts 160
  • Votes 20

                         We've got some of the best off-market deals in Indianapolis. Here is one of them right now!

                     3413 Hunt St Plainfield, IN 46168

                        Click here for the Photo Galery                                                           

Hi BP!

Take a look at this cute little 2 bedroom property located out in Plainfield. It's not often that you'll find off-market deals outside of Indy like this one!

The property could be well suited for a variety of exit strategies, including making it into a rental property, flipping it to the retail market or selling on contract.

Buyers or renters will love the house! It's located on a really cute block, and in the Plainfield School District. It has a huge loft above the garage that could be converted into living or recreational space.

This house will need complete renovation, both inside and outside, so you can put any finishing touches on that you'd like. It does have water damage and soft floors, and will likely need some structural work, so plan on a full rehab.

Plainfield News: In December, the town of Plainfield voted to begin Phase 1 of a redevelopment and planning initiative, aimed at revitalizing the downtown area. For more information, read this ARTICLE from the Hendricks County Flyer.

If you'd like to reserve this, please call or email right away!

                                                         If you'd like to reserve this deal, please contact me immediately:

What to expect:

  • Property is being sold 'as-is' and 'where-is' for cash or hard money
  • Buyer should do all due diligence needed before agreeing to buy. Any information provided is as a courtesy and is not warranted
  • To reserve the deal, you'll need to sign paperwork and submit $2,000 of non-refundable earnest money to Monument Title, located at 1848 N Alabama St, Indianapolis, IN 46202
  • Buyer shall pay all closing costs
  • If the deal isn't for you, let us know if there is someone else who might want it. We'll pay you a referral fee of $1,000 if you can bring us a buyer that we are able to work with!


P.S. Can I have 30 seconds of your time? If you want to keep seeing our
off-market deals, please add me to you safe sender or contact list. If you need help with this, click HERE

Post: Residential Land Near Amazon Fulfillment Center

Bob HinrichsPosted
  • Specialist
  • Indianapolis, IN
  • Posts 160
  • Votes 20

                          We've got some of the best off-market deals in Indianapolis. Here is one of them right now!

Hi BP,

We've got a brand new deal, available for assignment. It's a group of undeveloped residential lots on the west side of Indianapolis, just outside of 465 and south of Rockville Rd. They are located directly north of the Amazon Fulfillment Center.

In total, this group contains 2.8 acres of land and 23 unique parcels. It looks like a handful of these parcels are made up of multiple lots, so once they are subdivided, you'll likely have 32 buildable lots to work with.

We're asking $57,500 for the entire set of properties. If you're interested or have a few questions, please email or call!

                                   Click For Map View

                                            Address                          Parcel                #Acres               Assessed Value

                                7424 Mount Herman             9011819                0.77                       $17,200

                                7442 Mount Herman             9013910                0.17                       $6,400

                                7446 Mount Herman             9015153                0.09                       $3,200

                                7453 Mount Herman             9008776                0.08                       $2,700

                                7457 Mount Herman             9058957                0.09                       $3,200

                                7461 Mount Herman             9058958                0.09                       $3,200 

                                7417 W Henry                         9014776                0.08                       $3,200

                                7419 W Henry                         9058949                0.09                       $3,200

                                7421 W Henry                         9058950                0.09                       $3,200

                                7423 W Henry                         9058951                0.09                       $3,200

                                7425 W Henry                         9058952                0.09                       $3,200

                                7427 W Henry                         9058953                0.09                       $3,200

                                7429 W Henry                         9058954                0.09                       $3,200

                                7431 W Henry                         9058955                0.09                       $3,200

                                7433 W Henry                         9058956                0.09                       $3,200

                                7446 W Henry                         9013558                0.09                       $3,200

                                7448 W Henry                         9013559                0.09                       $3,200

                                7450 W Henry                         9013560                0.09                       $3,200

                                7452 W Henry                         9013561                0.09                       $3,200

                                7454 W Henry                         9013562                0.09                       $3,200

                                7456 W Henry                         9013563                0.09                       $3,200

                                7458 W Henry                         9015154                0.09                       $3,200

                                7460 W Henry                         9014564                0.09                       $3,200 

                                Totals:                                                                      2.81                       $90,300

                                           If you'd like to reserve this deal, please contact me immediately:

                                                                                      Bob Hinrichs
Indy Investments LLC
                                                                                       RB16001625
                                                                             [email protected]
                                                                                     (763) 258-6248

What to expect:

  • Property is being sold 'as-is' and 'where-is' for cash or hard money
  • Buyer should do all due diligence needed before agreeing to buy. Any information provided is as a courtesy and is not warranted
  • To reserve the deal, you'll need to sign paperwork and submit $2,000 of non-refundable earnest money to Monument Title, located at 1848 N Alabama St, Indianapolis, IN 46202
  • Buyer shall pay all closing costs
  • If the deal isn't for you, let us know if there is someone else who might want it. We'll pay you a referral fee of $1,000 if you can bring us a buyer that we are able to work with!


P.S. Can I have 30 seconds of your time? If you want to keep seeing our
off-market deals, please add me to you safe sender or contact list. If you need help with this, click HERE

Post: New: Noblesville Indiana Money Maker

Bob HinrichsPosted
  • Specialist
  • Indianapolis, IN
  • Posts 160
  • Votes 20

                            We've got some of the best off-market deals in Indianapolis. Here is one of them right now!

            22320 Craig Ave #76 Noblesville, IN 46060


Hi BP!

Yes, an affordable deal in Hamilton county, just north of Noblesville!

This house was build in 1985 and has got tremendous upside potential. With the location in the Hamilton school district, you're bound to be able to find some great tenants and have very strong returns on your money. We're estimating this property could produce over $7,400 in yearly income!

The property just became vacant recently, and will need to have a good deal of work done, including a new roof, exterior painting, carpet and flooring, cleaning and landscaping. The HVAC system appears to be about 10 years old, and working properly.

We're estimating rents of $900/month, but that may even be more, given the location. You might also consider other exit strategies, including flipping, the BRRRR strategy, or creating a lease option.

We've included some details below, and a link to the photo gallery just above. If you'd like to reserve this, please call or email right away!

                                              If you'd like to reserve this deal, please contact me immediately:

                                                                                  Bob Hinrichs
                                                                                  RB16001625
                                                                          [email protected]
                                                                                 (763) 258-6248

Indy Investments LLC

What to expect:

  • Property is being sold 'as-is' and 'where-is' for cash or hard money
  • Buyer should do all due diligence needed before agreeing to buy. Any information provided is as a courtesy and is not warranted
  • To reserve the deal, you'll need to sign paperwork and submit $2,000 of non-refundable earnest money to Monument Title, located at 1848 N Alabama St, Indianapolis, IN 46202
  • Buyer shall pay all closing costs
  • If the deal isn't for you, let us know if there is someone else who might want it. We'll pay you a referral fee of $1,000 if you can bring us a buyer that we are able to work with!


P.S. Can I have 30 seconds of your time? If you want to keep seeing our
off-market deals, please add me to you safe sender or contact list. If you need help with this, click HERE

Post: New: Rental on West Side, in Haughville Indianapolis

Bob HinrichsPosted
  • Specialist
  • Indianapolis, IN
  • Posts 160
  • Votes 20

                               We've got some of the best off-market deals in Indianapolis. Here is one of them right now!

                   742 N Concord St Indianapolis IN 46222

BP,

Here is a cute 2 bedroom, 1 bathroom rental property with a detached garage located on the west side of Indy, in Haughville.

Overall, the house is in a fine rental condition. It had a kitchen update two years ago and the roof looks to have plenty of years of life left. The property has been lived in, so when the current tenant leaves, it'll need cosmetic work throughout.

In the short term, you might consider replacing the old furnace and fixing the broken garage door.

The property is rented at $650 per month, and will make a solid addition to your portfolio. We're projecting this has the potential of throwing off $5,400 per year and a cash on cash return of 14%.

If you'd like to reserve this, please call or email right away!

                                              If you'd like to reserve this deal, please contact me immediately:

What to expect:

  • Property is being sold 'as-is' and 'where-is' for cash or hard money
  • Buyer should do all due diligence needed before agreeing to buy. Any information provided is as a courtesy and is not warranted
  • To reserve the deal, you'll need to sign paperwork and submit $2,000 of non-refundable earnest money to Monument Title, located at 1848 N Alabama St, Indianapolis, IN 46202
  • Buyer shall pay all closing costs
  • If the deal isn't for you, let us know if there is someone else who might want it. We'll pay you a referral fee of $1,000 if you can bring us a buyer that we are able to work with!


P.S. Can I have 30 seconds of your time? If you want to keep seeing our
off-market deals, please add me to you safe sender or contact list. If you need help with this, click HERE.