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All Forum Posts by: Ryan Rominger

Ryan Rominger has started 6 posts and replied 132 times.

Post: How are you making money if always in debt?

Ryan Rominger
Posted
  • Real Estate Broker
  • Indianapolis, IN
  • Posts 161
  • Votes 73

David,

Real Estate is a long term game, It is a really risky over leveraging yourself. It is important to look at your own financial situation and scale accordingly.

Post: Property Management Software

Ryan Rominger
Posted
  • Real Estate Broker
  • Indianapolis, IN
  • Posts 161
  • Votes 73

Hello Bigger Pockets Community,

One of the most important management tools we have is the software we use to manage properties. I'm curious, what rental property management software do you use and what are some of the system and processes you have in place? Thank you!

- Ryan

Post: Podcast Interview: How to Find Profitable Deals in Today's Real Estate Market

Ryan Rominger
Posted
  • Real Estate Broker
  • Indianapolis, IN
  • Posts 161
  • Votes 73

Hello Nick,

Thank you for sharing and I wish you all the best with your journey!

Ryan,

Post: Red Flags when screening tenants?

Ryan Rominger
Posted
  • Real Estate Broker
  • Indianapolis, IN
  • Posts 161
  • Votes 73

What are red flags you look for when a tenant applies for your property? Besides credit score, income, rental history, criminal history? 

Post: How to start

Ryan Rominger
Posted
  • Real Estate Broker
  • Indianapolis, IN
  • Posts 161
  • Votes 73

Hello Steven,

I would be clear on what you want and the end result you are trying to achieve. I would analyze the location/market and work with an agent that can help you reach your goals. If I can help in any way, Feel free to DM me.

Post: Looking to Owner Occupy a 2-4 Unit Multifamily in Indianapolis or Surrounding Suburbs

Ryan Rominger
Posted
  • Real Estate Broker
  • Indianapolis, IN
  • Posts 161
  • Votes 73

Hello Joe, 

Welcome to Indianapolis, Indianapolis is a great market with plenty of opportunity and growth. There are properties available within that 30 min radius of IUPUI. Please feel free to reach out if you any questions or would like more information.

-Ryan

Post: Investing in Indianapolis! Best Neighborhoods?

Ryan Rominger
Posted
  • Real Estate Broker
  • Indianapolis, IN
  • Posts 161
  • Votes 73

@Erik Escalante and  @Jaron Walling

Erik, you're right on the money. When I said "automated" I was only referring to the MLS side of things (I do see how my wording may have been confusing to Jaron though). Off market deals come to me occasionally through other brokers and clients, and I love passing them on to my investors that are looking (those are typically the best deals I am able to find my investor clients, but the MLS can be great too when the market is soft).

Jaron, if you're depending on building a network of wholesalers and writing offers through wholesalers/listing agents rather than having a dedicated buyer's agent helping you and representing your interests on deals then I am affraid you are the one that is at risk of being scammed.

Post: Buying and Holding out of State Vs In State

Ryan Rominger
Posted
  • Real Estate Broker
  • Indianapolis, IN
  • Posts 161
  • Votes 73

I work with a number of both local and OOS investors and I can say there are usually pros/cons to both. With OOS investors there's usually the obvious advantage of wage-gap between the state they live in (e.g. CA or NY) vs the state they are investing in (interior states), which creates an economic advantage. With local investors I work with, they are able to take a much more hands-on approach, which especially helps during critical decision-points during renovation stages.

I’m a RE broker and Property Manager in Indianapolis and I specialize in helping investors. I’d love to connect and learn more about what your goals are for investing. I'd love to assist you any way I can.

Post: Recommendations for a Duplex under $200k

Ryan Rominger
Posted
  • Real Estate Broker
  • Indianapolis, IN
  • Posts 161
  • Votes 73

@Salman A. Rai

I have an automated investment duplex search on the Indianapolis MLS that I'd be happy to set you up on.

Post: Help me understand Indianapolis - Fountain Square and Warren

Ryan Rominger
Posted
  • Real Estate Broker
  • Indianapolis, IN
  • Posts 161
  • Votes 73

@Ray Johnson

I’m a California native myself living in Indianapolis. I think I can definitely be a help to you in Indy. I’m a licensed IN realtor and I’m very well acquainted with the Indy urban investment landscape. Let’s connect!