All Forum Posts by: Ryan Rominger

@Scott Shope I operate a property management company in Indianapolis called Intrigue Indy. I am also a licensed real estate broker with Nottingham Realty Group and I have had a lot of success helping investors (both local and out-of-state) buy investment properties, repair them, and either lease them to quality tenants (BRRRR) or sell them as a flip (BRSR). Let me know how I can help! I’d love to connect for coffee if you’re ever in town!

Hi @Logan Petry Looks like I’m a little late to the party... I operate a property management company in Indianapolis called Intrigue Indy. I am also a licensed real estate broker with Nottingham Realty Group and I have had a lot of success helping investors (both local and out-of-state) buy investment properties, repair them, and either lease them to quality tenants (BRRRR) or sell them as a flip (BRSR). Let me know how I can help! I’d love to connect for coffee if you’re ever in town!

Hi @Kurt Snyder! I operate a property management company in Indianapolis called Intrigue Indy. I am also a licensed real estate broker with Nottingham Realty Group and I have had a lot of success helping investors (both local and out-of-state) buy investment properties, repair them, and either lease them to quality tenants (BRRRR) or sell them as a flip (BRSR). Let me know how I can help! I’d love to connect for coffee if you’re ever in town!

Hi @Matt Speer! I operate a property management company in Indianapolis called Intrigue Indy. I am also a licensed real estate broker with Nottingham Realty Group and I have had a lot of success helping investors (both local and out-of-state) buy investment properties, repair them, and either lease them to quality tenants (BRRRR) or sell them as a flip (BRSR). Let me know how I can help! I’d love to connect for coffee if you’re ever in town!

Hi @John Christodoulakis I operate a property management company in Indianapolis called Intrigue Indy. I am also a licensed real estate broker with Nottingham Realty Group and I have had a lot of success helping investors (both local and out-of-state) buy investment properties, repair them, and either lease them to quality tenants (BRRRR) or sell them as a flip (BRSR). Let me know how I can help! I’d love to connect for coffee if you’re ever in town!

Hi @Elaine Hester! I operate a property management company in Indianapolis called Intrigue Indy. I am also a licensed real estate broker with Nottingham Realty Group and I have had a lot of success helping investors (both local and out-of-state) buy investment properties, repair them, and either rent them (BRRRR) or sell them as a flip (BRSR). Let me know how I can help! I’d love to connect for coffee if you’re ever in town!

Hi @Cesar Ramirez! I actually operate a property management company in Indianapolis called Intrigue Indy. I am a Real Estate Broker with Nottingham Realty Group as well.

To answer your question, in definitely depends on the area (as others have pointed out), but what many investors focus on is the monthly ROI. In Indy, it is not uncommon to see a duplex investment produce a monthly return of 2% or more (especially if you have a contractor lined up that will enable you to purchase a fixer in an appreciating area). An example that I've seen come to fruition in the past would be purchase a fixer for $35k, spending $25k on a renovation (so you have $60k invested), then leasing each side for $650-700/month (>2% ROI each month). The additional benefit is that your ARV is likely around 70-75k after you've completed the renovation and you can do a cash-out refinance to keep investing in more deals. These deals are becoming harder to find, but they are still out there.

Let me know if there are any other ways I can be a resource for you in Indy!

Hi Michael! I'm assuming your need for an answer here has already passed.

However, I did want to reach out and let you know that I operate a property management company in Indianapolis, Indiana called Intrigue Indy. I am also a Real Estate Broker in Indy as well. Let me know if there's ever anything else I can help you with in the future!

Hi Blake! I operate a property management company in Indianapolis, Indiana called Intrigue Indy. I am also a Real Estate Broker in Indy as well. Let me know how I can help! If you'd like, I can probably present you with a list of recommendations from some of our current clients.

Hi Darren! I actually operate a property management company in Indianapolis, Indiana called Intrigue Indy. I am also a Real Estate Broker in Indy as well. Let me know how I can help!