All Forum Posts by: Steve Lehman

@William Vreeland

You should contact @Nick Giulioni and Off Leash Construction. They can help you with your contracting needs. Nick was an OOS RE investor who started investing here in Indy years ago. He has since started up Off Leash because he saw the need for reliable contractors. 

Property management companies in Indy. There are plenty to choose from but you will need to find the one that works best for you. Most of the PM's are about average, they are good but make mistakes. If you are looking for the perfect PM who will have perfect pricing, with perfect leasing and tenant placement, perfect communication, etc. they do not exist anywhere. 

Here are some companies that have been doing business in the Indy market for 10 or more years. 

Lee Smith with spouses buying houses - https://spousesbuyinghouses.com/

Josh Compton with CityPlace RE and PM - https://www.cityplaceindy.com/

Jeremy Tallman - T&H Realty Services- https://www.threaltyinc.com/

Max Richter - Wilmoth Group = https://wilmothgroup.com/

There are a few others but this should get you started.

Remember to do your own due diligence never just assume that if someone recommends or suggest a company that they will work best for you. You must make that decision on your own. 

Disclosure - I do not work nor have I worked for or am I receiving any compensation from any of these companies that I have suggested. These are all companies that I have worked with on transactions or associated with in my 21 years of RE investing here in Indy. I am strictly a 3rd party Real Estate Consultant. 

Just as I expected another bright and intelligent well thought out response from you. I bet you had to get help to come up with that response. I guess you don't like being called out on your clickbait marketing practices. 

Oh ya, thanks for the song request. I haven't heard that song in long time. 

That's actually a good song. I will listen to it while I wait for you to post your facts about this big scam. 

 " You're one of those dudes who comment on videos and articles without reading or watching them, ya?" 
I did watch it before I made my original comment. Then I responded to this remark and now you do not care for the way or the tone I did it. if your going to make accusations like this then do not expect a nice response. 

If you are going to call out scams here in Indy and make comparisons to it as being as bad as Oceanpoint. Then back it up with more than a little 23 second video. If you don't want back it up then just don't post this nonsense. 

And if you want to paint me out as to losing my mind feel free to do so. You will find that I could care a less what you think of me but make accusations about Indianapolis without backing it up with facts then yes I will get angry about it. It's because I care about this city and this market. I like to call it passion you on the other hand think it's losing my mind. You should try to get to know someone before saying things. 

As I stated earlier I am a grumpy old real estate investor. I learned that from Bob Bowling. 

 That's exactly what I expected an unintelligent response. Nothing more the clickbait nonsense. 

 @James Wise

Ya, You got me!!! I am just a keyboard warrior. I know nothing about Real Estate or the Indianapolis market. I have only been doing this for, let me think, was it  20 days, or was it 20 weeks,, or maybe 20 years. I can't remember. I am just a grumpy old real estate investor. Maybe you should try to get to know someone before passing judgement. 

Your 23 second video which says absolutely nothing and your written explanation was very brief. I looked for this particular video but could not find it within your youtube channel. I am not saying that it is not there but I could not locate it. Why not post the whole video. That way I can get a better understanding of what you are try to convey. 

"When you start learning how to find good rental properties in Indianapolis, you may find yourself running into due diligence road blocks. Most sellers don't let buyers inside of their homes for a tour. Is this another Indianapolis real estate scam?" 

What scam? Provide your evidence of sellers not letting buyers inside their properties. 

"Isn't this the kind of stuff that happened with Clayton Morris and OceanPointe and their real estate scam that cost Indianapolis investors millions of dollars?"

You haven't provided any solid evidence to support that comparison.

As for the situation here in Indy, it seems that most people, whether locals or out-of-state investors, either aren’t aware of this tragedy or have moved on from it. It seems like you're the only one still focusing on this scam. Maybe it is because of your previous successful lawsuit over Clayton. Vanity. 

"Or, is there a much more logical reason for sellers not letting every would be buyer bother their tenants?"

Tenants have rights when it comes to the sale of a rental property. If an owner or landlord plans to sell their property, they should inform the tenants about the process. Unfortunately, many sellers fail to do this. Based on my experience, the primary reason is concern that tenants may stop paying rent or damage the property once they learn it's being sold.

Because of this, I always advise anyone looking to sell their rental property to ensure the tenants have vacated before putting it on the market. In Indiana, there is a legal process that requires landlords or property managers to provide notice before entering a tenant's residence. Additionally, tenants have the right to refuse permission for photos or videos of the inside of the property, as their personal belongings are present. 

@Breyauna Welch

Try Hocker title. They have a wholesalers package that they charge for but it will have all the information that you will need to wholesale correctly. 

https://hockertitle.com/

@James Wise What Indianapolis scams? Sellers not letting people in to take pictures and video?

I do it all the time. Sellers really have no problem with it as long as you are not posting all the videos or pictures over social media. As a matter of fact, I let the sellers know what I am doing and all the information I gather is strictly for the client who sent me there and no one else's. I also let them know that if they find any pictures or videos that I have done to immediately contact the client so that I can have find and have it removed. This goes for on market and off market properties. 

@John Salcedo

I recommend you reach out to Off leash Construction. Contact @Nick Giulioni. He will be able to assist you with your rehabbing and rentals needs. 

Bert is not a fall guy by any means. He is just a complicit as Clayton if not more. Clayton was the sales and Bert was the operations. Bert was not exactly the most ethical investor before Clayton came along. 

The last I saw about Clayton he was pushing properties or vacant land in TX. He and his wife also started another youtube channel where he talks about the political issues of the day. 

IMO Clayton will not lose anymore sleep or money over this and Bert will probably do very limited time in prison. It really is to bad because I believe they should both be in prison right now and having to repay all the money back to each and every investor they hurt.