All Forum Posts by: Sourabh Bora

@Lenny B. did you end up buying the land ?

@Jad Kurdi, what did you end up doing with the land?

@Dustin T , I know its old, but did you end up doing anything with cabin idea?

@Jennifer Slaughter, Can you please educate me what you meant by "attached"  ? Thanks

I know this is a little old, but, @Marc Dufour what did you end up doing with the land ?

Hey Austin,

I wrote  a few scripts to automatically scrape these sites.

You have to install https://chrome.google.com/webstore/detail/web-scra... on chrome and then,

import my scripts

https://gist.github.com/swanjohn99/f7db020f866cea5bc09e152b4d0b2942

Thank you so much people ! Just so you know I have only been to Indy only once and at that time, i thought broad rippe was another city! All the information is from searching the forums.

I have updated the maps with zipcode vs zillow price to rent indices.

please take a look

https://drive.google.com/open?id=1imiaC3B-OzDc6pi_PtGLf3bUzlinjvPM&usp=sharing

1) Updated the map with map of the ghetto, gang affiliation, hoods like "murderville"

Source TheRealStreetz.com

I created a few resources that out of state buyers might find useful in gaining insight into the Indianapolis market

1) Neighborhoods and their classification on a map ( A, B, C, D = using input from the forums)

zip code boundaries

starbucks, whole foods, hospitals, etc

https://goo.gl/cvDi8T

2) Virtual driving from Fountain Square to Lucas oil stadium

http://youtu.be/8AU6iCamTwc?hd=1

3) Virtual driving from Fountain Square to  wholesale district

http://youtu.be/PVB1LIYhi2I?hd=1

4) virtual driving from  the children's museum to wholesale district 

http://youtu.be/xMh93_jTK2w?hd=1

Just finished going through the whole thread. Phew!

Summary of my learning:

1)

@Tyler Jahnke , @Andrew Buchanan have had some problems regarding communications, but otherwise, things are working out fine.

2) @Jay Hinrichs  He is a true legend of BP, with experience in all aspects unlike anyone else here. He has nothing personal against Clayton. Rather, he is questioning the WHOLE model of going after cash flow in low income neighborhoods. Many people agree with him. Most experienced players are with him (@Diane G.), and has their own personal gains with appreciation play to show for it.

3) I had a call with James yesterday. They are not hiding anything. The neighborhoods are solid C , appreciation may never happen. But They truly believe this model will work out.  James works from near where I live. Letting people work from home is in line with their philosophy of "freedom" (I like that)

4) My take:  a)Things are working out for both Clayton and the customers

                      b) But .. 2/3 .. or even 10 years is too early to tell. Demographic trends, economy, jobs, automation, robot cars.. I have done a whole lot of research, seen reports using machine learning, GIS etc. Indy's phenomenal population growth has stalled. 

               c) I would personally go for $950+ rent range in a state/city with solid population/ economic growth. (Jacksonville, FL ?  or Forth Work, TX, or San antonio, TX ? ) Exit strategy, and some appreciation potential is important to me. I would use the peace of mind + turnkey experience to work on some bigger and better deals.