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All Forum Posts by: Rob LaRovere

Rob LaRovere has started 3 posts and replied 56 times.

Post: Flipping near downtown Indianapolis

Rob LaRoverePosted
  • Rental Property Investor
  • Tampa, FL
  • Posts 61
  • Votes 37

@David Martin Jr What is the address, feel free to PM me if you don't want to share it publicly.  I love the Holy Cross area and there are actually really nice and expensive projects over there if you're close to the park.

Post: Tampa Specific - Prospect Park area

Rob LaRoverePosted
  • Rental Property Investor
  • Tampa, FL
  • Posts 61
  • Votes 37

@Brian D. Beatty Good point about the flood insurance, thanks for pointing that out.

Post: Part-time real estate positions

Rob LaRoverePosted
  • Rental Property Investor
  • Tampa, FL
  • Posts 61
  • Votes 37
If anyone is looking for an agent in Indianapolis, I recommend connecting with Devonta Taylor As a newer agent, he has the drive and determination to succeed and will work hard for investors in the area.

Post: Tax sale Indianapolis

Rob LaRoverePosted
  • Rental Property Investor
  • Tampa, FL
  • Posts 61
  • Votes 37
I suggest visiting the county office downtown and speaking with the woman that runs it... I can’t remember her name at the moment, but she was very helpful when I met her.

Post: Zipcode recommendation for buying rental property in Indianapolis

Rob LaRoverePosted
  • Rental Property Investor
  • Tampa, FL
  • Posts 61
  • Votes 37

I would recommend Fountain Square and Bates Hendricks.  They are south of the city in 46203.  @Lalit K.

Post: Zipcode recommendation for buying rental property in Indianapolis

Rob LaRoverePosted
  • Rental Property Investor
  • Tampa, FL
  • Posts 61
  • Votes 37
Originally posted by @Larry Fried:
Originally posted by @Rob LaRovere:

Lalit K. What type of property are you looking for? Indy is street by street so an overarching zip code isn’t the best option in my opinion. 45203 is a good one though.

 Rob, did you mean 46203?  The one you list is in Cincinnati.

 Yes I did!  Thanks and good catch, Larry.  

Post: Looking forward to learning from this group

Rob LaRoverePosted
  • Rental Property Investor
  • Tampa, FL
  • Posts 61
  • Votes 37
Hey Lauren Perry I love the Nashville and Indy markets. Nashville will probably bring the opportunity for appreciation while Indy could provide solid cash flow and is a less expensive market.

Post: Zipcode recommendation for buying rental property in Indianapolis

Rob LaRoverePosted
  • Rental Property Investor
  • Tampa, FL
  • Posts 61
  • Votes 37
Lalit K. What type of property are you looking for? Indy is street by street so an overarching zip code isn’t the best option in my opinion. 45203 is a good one though.

Post: Indianapolis, In- Haughville area

Rob LaRoverePosted
  • Rental Property Investor
  • Tampa, FL
  • Posts 61
  • Votes 37

@Cherese Bailey Like others have said, I would avoid that area unless you have experience with that class of tenant.  East of Haughville there is an area called Stringtown that has some good things happening.

Post: Cash Out Refi on Midwest Investment Props (<50K)

Rob LaRoverePosted
  • Rental Property Investor
  • Tampa, FL
  • Posts 61
  • Votes 37
Originally posted by @Jay Hinrichs:

@Rob LaRovere  thanks..  Family in Vegas.. and Reno is well Reno... I like Tahoe area fine and actually will be buying a summer cabin up in the Greaeagle area which is 1 hour north and west in the Seirra Nevada mtns.. spend my summers there.

plus no income tax in NV  Oregon is 2nd or 3rd highest in the country.. and now that you cant right it off .. for me personally what I save in income tax will more than pay for 2 homes one in Vegas and one in CA.. I no longer need to pay Oregon state income tax and get no write off for it..

so its income tax  family and tired of the northwest winters.. perpetual grey and rain for 8 months of the year  LOL... well not rain drizzle really.  it was a great place and I will still do bizz here though.. we have some big subdivisions on the burners but I can manage those from afar.

I really like your area fountain square and Bates... if I was buying cash flow rentals in the US that's where I would be buying them.. I funded about 50 of them last year in those hoods.. its strong there.

Thanks for saying that, and I agree.  Those are some hot areas here in Indy!  I also really like Garfield Park area.  If you're ever in the area, I would love to treat you to a meal.

Graeagle is beautiful, awesome choice.  I actually grew up in Reno and went to college at the University of Nevada, Reno.  Now, when I visit family, I am amazed at the changes and the dramatic increase in home values.  With Tesla and other companies jumping over the mountain to Northern Nevada, it's done wonders for the city and I hope to see it continue.  Just yesterday I actually saw a fundraiser for a new tiny home development to help the homeless.  Pretty cool.  

That's great, all those reasons make sense... Not having state income tax is definitely a big plus. I hope you love it!