All Forum Posts by: Bob Hinrichs

@Adrian Coroian Thanks for reaching out, and I'm looking forward to taking the conversation off-line!

Hey there,

I want to tell you about a new deal, but first, have you heard about the Monon16 Project and the IndyEast Promise Zone?

Whether you have or haven't, this is some really important information to understand. These two redevelopment efforts will make lasting changes in the near north side of Indianapolis. As investors, it's in our best interest to know the direction the city is moving so we can best plan how to invest.

The Monon16 project is a development effort targeting the intersection of 16th Street and the Monon Trail and the surrounding neighborhood. In October, Indianapolis announced it will invest $4.5 million into the project. Two prominent builders, David Weekly Homes and ReDevelopment Group Inc, have made plans to build 60 new homes in the area in the coming years. Take a look at these:

Indy Star Article from October 12th

About Monon16

This area is also part of the IndyEast Promise Zone, which is supported by federal grants. If you'd like some light reading on the topic, just email me and I'll send you a few articles!


Well, we've got a deal that's located next to Monon16 and is part of the IndyEast Promise Zone!

This deal is at 1616 N Arsenal, within walking distance of the Monon Trail and near much of the proposed development. A property 1 block south is currently listed for $320,000. This is about to be one of the hottest areas in Indy!

The property could fit in a variety of exit strategies. You could flip this property and make your money quickly or you could hold it as a rental property as the area continues to appreciate and redevelop. I've included details and pictures below. If this is going to be a good fit for you, please email me right away so we can get it reserved for you!

Access: To gain access instructions for the property, please call or text Bob at 763-258-6248.

How to Buy: This is a wholesale investment property. If you are interested in the property, please contact Bob for instructions on the next steps. A $2,000 non-refundable EMD and signed paperwork secure the investment. This will be sold on a first come, first serve basis to the best offer.

Brokers: You are welcome to add whatever fee you'd like on top of our price if you have a cash buyer that is interested and able to close.

Note: This investment is under contract with me directly. Any purchaser must plan to close on the opportunity and not assign it. If you have someone in mind for this investment, I will pay a $1,000 referral fee upon closing!

*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

Hey BP!

We've got a commercial property that is going to make for a tremendous development. It's located just a short drive west of Speedway, near the corner of the newly redesigned 465 and Crawfordsville Rd. intersection.

If you've been following the news, you'll know this area has gone through massive redevelopment in the last few years, and it's slotted to have more coming in the near future. The city of Speedway is pumping huge amounts of money into the city. If you haven't seen the changes, take a quick drive down Main St. or around the Crawfordville/465 intersection, and you'll see what I mean!

Just a few months ago, a brand new Courtyard Marriott broke ground on their $12 million dollar project, right near the corner of 465 and Crawfordsville Rd. The hotel will be one of the anchor pieces to the 20 acre mix-use development, which is already host to tenants like Starbucks and Chipotle.

Feel free to check out these articles about the nearby development:

IBJ: "Speedway pivots development focus to western border"

RTV6: "Speedway construction a welcome sight for people who live there"

It will be very easy to ride the wave of the Speedway development, and reap all the benefits that the area is starting to receive. With 2.16 acres, the property is a blank slate right now, and can be developed however you'd like. In addition, our property has waterfront access! If this is the right fit for you, please send me an email right away.

If you know somebody that might like this property, please let me know! We're offering a $2,000 referral fee if you're able to provide the buyer for this property.

Please call, text or email if this might be a good fit for you or you have another buyer in mind!

Click Here For More Pictures!

Access: To gain access instructions for the property, please call or text Bob at 763-258-6248.

How to Buy: This is a wholesale investment property. If you are interested in the property, please contact Bob for instructions on the next steps. A $2,000 non-refundable EMD and signed paperwork secure the investment. This will be sold on a first come, first serve basis to the best offer.

Brokers: You are welcome to add whatever fee you'd like on top of our price if you have a cash buyer that is interested and able to close.

Note: This investment is owned by me directly. Any purchaser must plan to close on the opportunity and not assign it. If you have someone in mind for this investment, I will pay a $1,000 referral fee upon closing!

*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

Hey BP!

This deal is once again available for an immediate assignment! A few months ago when we presented this deal, we uncovered some title issues. Those have been resolved, and the property is ready for you!

It's located in the Little Flower neighborhood, at 1472 N Grant. This property is a rare find for the area with living space and bedrooms on the main floor, and a second floor and two bedrooms upstairs, for a total of 4 bedrooms in the house! And there is even extra space to put a third bedroom upstairs!

If you're looking for a rental for your portfolio, it's hard to beat the appeal of Little Flower. Tenants love the area, so you'll be able to command higher rents and better returns. Or if you prefer to fix and flip properties, take a look at the comparables in the area! You won't be disappointed with the potential this deal has and the variety of exit strategies you could pursue!

Take a look below for more details and the link to additional pictures:

Access: To gain access instructions for the property, please call or text Bob at 763-258-6248.

How to Buy: This is a wholesale investment property. If you are interested in the property, please contact Bob for instructions on the next steps. A $2,000 non-refundable EMD and signed paperwork secure the investment. This will be sold on a first come, first serve basis to the best offer.

Brokers: You are welcome to add whatever fee you'd like on top of our price if you have a cash buyer that is interested and able to close.

Note: This investment is under contract with me directly. Any purchaser must plan to close on the opportunity and not assign it. If you have someone in mind for this investment, I will pay a $1,000 referral fee upon closing!

*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

Hey BP!

We've got a multifamily deal available, ready for immediate assignment! We've heard the feedback, and our price was a little too high, so we're now only asking $53,900 for this deal. This purchase includes two properties, for a total of 8 units.

The properties are centrally located, near the intersection of 38th and Emerson Ave, at 3902 & 3904 N Grand Ave. Both properties have got a great brick exterior with newer roofs. On the inside, these properties are stripped down to the studs, so they'll need complete renovations.

Just imagine how easy it will be manage all these units! You're going to renovate to a level of quality you're comfortable with, so you'll have no surprises down the road. Having all of these 'doors' in one location will save you a lot of time and effort as you manage your portfolio. There will be no need to drive all around town to see your properties. On top of all this, you'll be able to make some great returns on your money!!

Take a look below for pictures and details. If you'd like to reserve this deal, make sure to call or email right away!

Click Here For More Pictures!

Access: To gain access instructions for the property, please call or text Bob at 763-258-6248.

How to Buy: This is a wholesale investment property. If you are interested in the property, please contact Bob for instructions on the next steps. A $2,000 non-refundable EMD and signed paperwork secure the investment. This will be sold on a first come, first serve basis to the best offer.

Brokers: You are welcome to add whatever fee you'd like on top of our price if you have a cash buyer that is interested and able to close.

Note: This investment is under contract with me directly. Any purchaser must plan to close on the opportunity and not assign it. If you have someone in mind for this investment, I will pay a $1,000 referral fee upon closing!

*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

Hey BP!

Once again, we've got a brand new deal ready for immediate assignment. If you're looking for one more purchase before the end of the year, this is it!

This property just became vacant, and with a little TLC, you'll have this up and rented in no time. Expect to do general cosmetic work, as well as replace windows, and some odds and ends throughout the house.

We know inventory has been tight for many investors, ourselves included. However, we're committed to finding you some of the best deals in town. We hope this property on 2741 Schofield is your next purchase! If this is a good fit for you, please email me immediately!

Look below for info and a link to the additional pictures:

Access: To gain access instructions for the property, please call or text Bob at 763-258-6248.

How to Buy: This is a wholesale investment property. If you are interested in the property, please contact Bob for instructions on the next steps. A $2,000 non-refundable EMD and signed paperwork secure the investment. This will be sold on a first come, first serve basis to the best offer.

Brokers: You are welcome to add whatever fee you'd like on top of our price if you have a cash buyer that is interested and able to close.

Note: This investment is under contract with me directly. Any purchaser must plan to close on the opportunity and not assign it. If you have someone in mind for this investment, I will pay a $1,000 referral fee upon closing!

*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

Hey BP,

We've got another brand new deal for you! This one is located in the Butler-Tarkington neighborhood, at 3933 N Kenwood Avenue. It's currently rented, and could continue to serve as a cash flowing rental property for your portfolio. You might also consider flipping the property: there are some strong comps in the area! A third option would be to rent the property out for a few years as the area continues to appreciate, and then flip or sell in the coming years. Any way you look at it, this deal has some strong potential!

Indianapolis is working hard to transform this area as part of the "Great Places 2020" initiative. Local developers are already working to add grocery, apartments, office and mixed-use commercial space to the area immediately surrounding the property. Make sure to take a look at the below article!

Take a look at the pictures, information and details below. If this deal is the right fit for you, please call or email immediately to reserve this opportunity!

Article: Redevelopment Near 38th and Meridian 

Click Here For More Pictures!

Access: To gain access instructions for the property, please call or text Bob at 763-258-6248.

How to Buy: This is a wholesale investment property. If you are interested in the property, please contact Bob for instructions on the next steps. A $2,000 non-refundable EMD and signed paperwork secure the investment. This will be sold on a first come, first serve basis to the best offer.

Brokers: You are welcome to add whatever fee you'd like on top of our price if you have a cash buyer that is interested and able to close.

Note: This investment is under contract with me directly. Any purchaser must plan to close on the opportunity and not assign it. If you have someone in mind for this investment, I will pay a $1,000 referral fee upon closing!

*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

Hey BP!

We've got a brand new multifamily deal available, ready for an immediate assignment! This purchase includes two properties, for a total of 8 units.

The properties are centrally located, near the intersection of 38th and Emerson Ave, at 3902 & 3904 N Grand Ave. Both properties have got a great brick exterior with newer roofs. On the inside, these properties are stripped down to the studs, so they'll need complete renovations.

Just imagine how easy it will be to manage all these units! You're going to renovate to a level of quality you're comfortable with, so you'll have no surprises down the road. Having all of these 'doors' in one location will save you a lot of time and effort as you manage your portfolio. There will be no need to drive all around town to see your properties. On top of all this, you'll be able to make some great returns on your money!!

Take a look below at pictures and details. If you'd like to reserve this deal, make sure to call or email right away!

Access: To gain access instructions for the property, please call or text Bob at 763-258-6248.

How to Buy: This is a wholesale investment property. If you are interested in the property, please contact Bob for instructions on the next steps. A $2,000 non-refundable EMD and signed paperwork secure the investment. This will be sold on a first come, first serve basis to the best offer.

Brokers: You are welcome to add whatever fee you'd like on top of our price if you have a cash buyer that is interested and able to close.

Note: This investment is under contract with me directly. Any purchaser must plan to close on the opportunity and not assign it. If you have someone in mind for this investment, I will pay a $1,000 referral fee upon closing!

*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

Hey BP,

This isn't quite our typical bread and butter type of deal. However, it's an interesting find, and we wanted to send it your way in case this is a fit for you or someone you know!

The property is located on the west side of Indianapolis, just south of the Eagle Creek Reservoir. It has 2.16 acres, and sits directly on the waterfront. It's right near Interstates 465 and 74, with very convenient access via Crawfordsville Road. This could be developed in a variety of different ways, depending on how you'd like to use it.

If you know somebody that might like this property, please let me know! We're offering a $1,000 referral fee if you're able to provide the buyer for this property.

Please call/text (763)-258-6248, or email me at [email protected] if this might be a good fit for you or you have another buyer in mind!

Click Here For More Pictures!

Access: To gain access instructions for the property, please call or text Bob at 763-258-6248.

How to Buy: This is a wholesale investment property. If you are interested in the property, please contact Bob for instructions on the next steps. A $2,000 non-refundable EMD and signed paperwork secure the investment. This will be sold on a first come, first serve basis to the best offer.

Brokers: You are welcome to add whatever fee you'd like on top of our price if you have a cash buyer that is interested and able to close.

Note: This investment is owned by me directly. Any purchaser must plan to close on the opportunity and not assign it. If you have someone in mind for this investment, I will pay a $1,000 referral fee upon closing!

*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

Hey BP!

Check out this deal that will make a strong flip with some healthy returns. It's located at 2134 Carrollton Ave, right in the heart of the redeveloping College Avenue corridor. Vacant land and existing homes have been moving very quickly in the surrounding blocks.

Until recently, the property has been used as a rental, and it's still practically in livable shape. You'll be able to make use of the beautiful fireplace and huge unfinished attic. When you flip it and put in the right finishes and work, you'll be able to sell this on the open market at top dollar.

Or consider holding the property as a rental for 1-2 years, let prices continue to rise, and then complete the full renovation project for even bigger returns.

Have you read the recent IBJ's article about the neighborhood and the upcoming development we can expect to see? Take a look at the link!

Details, pictures and comparables of the deal are all included below:

Access: To gain access instructions for the property, please call or text Bob at 763-258-6248.

How to Buy: This is a wholesale investment property. If you are interested in the property, please contact Bob for instructions on the next steps. A $2,000 non-refundable EMD and signed paperwork secure the investment. This will be sold on a first come, first serve basis to the best offer.

Brokers: You are welcome to add whatever fee you'd like on top of our price if you have a cash buyer that is interested and able to close.

Note: This investment is under contract with me directly. Any purchaser must plan to close on the opportunity and not assign it. If you have someone in mind for this investment, I will pay a $1,000 referral fee upon closing!

*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