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All Forum Posts by: Skyler Southern

Skyler Southern has started 6 posts and replied 20 times.

Post: Does anyone know where I can find off-market deals?

Skyler SouthernPosted
  • Rental Property Investor
  • Fishers, IN
  • Posts 20
  • Votes 8

@Kevin Rodriguez You're going to have to market to owners directly or find wholesalers.

Post: Advice for LVP (Vinyl Planks) in 100 Year Old Home?

Skyler SouthernPosted
  • Rental Property Investor
  • Fishers, IN
  • Posts 20
  • Votes 8

@Drew Petro Lowes Procore at $1.68/ sq ft is the only flooring we use now. Great stuff at a price most liquidators can't even beat.

Post: How Did You Learn How To Analyze Properties?

Skyler SouthernPosted
  • Rental Property Investor
  • Fishers, IN
  • Posts 20
  • Votes 8

@Jorge Ydlibi find a template or calculator and start inputing property information. Practice makes perfect.

Post: Should a real estate investor get there real estate license

Skyler SouthernPosted
  • Rental Property Investor
  • Fishers, IN
  • Posts 20
  • Votes 8

@Cameron Cole Vance I got mine right when I bought my first property 3 years ago. I've got 17 buildings and 41 units. I am now a managing Broker of my own property management company. No downsides that I have come across. Just make sure you know what your doing.

Post: Networking in Muncie Indiana

Skyler SouthernPosted
  • Rental Property Investor
  • Fishers, IN
  • Posts 20
  • Votes 8

@Karl McGarvey I own 41 units in Muncie and picked up my brokers license to run my own deals. I'm open to having a conversation about what your looking for and how I can help.

Post: Didn't qualify for a loan, how can I still buy my first duplex??

Skyler SouthernPosted
  • Rental Property Investor
  • Fishers, IN
  • Posts 20
  • Votes 8

@Hunter Wolfe RCN, Lima One and Visio offer products with limited financial information requirements. In exchange, you'll pay a higher interest rate around 7%.

Post: Muncie Indiana Buy and Hold

Skyler SouthernPosted
  • Rental Property Investor
  • Fishers, IN
  • Posts 20
  • Votes 8

Janelle, 

Have you been using Complete Property Care for your property management? Check out Jay at ViaCU in Marion for some lending options. We have been seeing 4% interest, 80% LTV, and 25 year amortization from them.

Post: Muncie Indiana Buy and Hold

Skyler SouthernPosted
  • Rental Property Investor
  • Fishers, IN
  • Posts 20
  • Votes 8

Hi Matthew, we have bought 41 units in Muncie this past year. Feel free to reach out with any questions. Although the Old West End has some really cheap homes, I would say it is probably one of the roughest parts of town.

Post: How to Value a Vacant/Dilapidated 336 Unit/28 Complex

Skyler SouthernPosted
  • Rental Property Investor
  • Fishers, IN
  • Posts 20
  • Votes 8
How would you go about putting a value/offer on a 336 unit apartment complex that is vacant and has been vadilised? Repairs for each unit is approximately $20k per unit including new roofs, windows, and gutters.

Post: Suggestions on Insurance for 3 Unit Property

Skyler SouthernPosted
  • Rental Property Investor
  • Fishers, IN
  • Posts 20
  • Votes 8
@Jared Newsom Thank you for the referral! I was able to quickly get a hold of Jason and he was able to get me a policy to close on my deal. Greatly appreciate it.