All Forum Posts by: Subbie Kaur

4026 Fir St, East Chicago, IN 46312

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Purchase Price: $92,000.00

Asset Class: C+

Multi-family 2 unit in East Chicago!.Currently bringing in $1,200.00 under-rented. Market rents in the area are $1,725.00. Property has been under good care by owner. 

For more information contact: Subbie Kaur [email protected] You can also schedule a call with us, head on over to our website: http://www.acenwi.com/contactUs.php

@Steve W.

We look at vacancy rates for the Markets that we invest in. Check the link below:) 

https://www.deptofnumbers.com/rent/

Hey @Account Closed!) 

1. Low property taxes ( really important if you are looking for more cash flow! Low taxes and low property prices are a WIN)

2. High rental demand( this will make filling units much easier if vacancies do occur, and also we have noticed that in areas where there is high rental demand, tenants will stick around much longer)

3. Landlord friendly laws ( you want to invest in a state that is more landlord friendly, this will allow you to have a much more positive experience as an investor)

4. MOST IMPORTANT ( A GOOD PROPERTY MANAGER) This is KEY, you want to work with a property manager that has a good reputation and also is able to educate you about the market. They should know the trends of the market, the demand, and overall just have a clear idea of how their market works!

Hope that helps!

Let me know if you have any questions 

@Chance Sweat

Hey Chance! 

Here are some things that we make sure exist in a market that we invest in:

1. Low property taxes ( really important if you are looking for more cash flow! Low taxes and low property prices are a WIN)

2. High rental demand( this will make filling units much easier if vacancies do occur, and also we have noticed that in areas where there is high rental demand, tenants will stick around much longer)

3. Landlord friendly laws ( you want to invest in a state that is more landlord friendly, this will allow you to have a much more positive experience as an investor)

4. MOST IMPORTANT ( A GOOD PROPERTY MANAGER) This is KEY, you want to work with a property manager that has a good reputation and also is able to educate you about the market. They should know the trends of the market, the demand, and overall just have a clear idea of how their market works!

Hope that helps!

Let me know if you have any questions 

4836 Alexander Ave, East Chicago, IN 46312

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Purchase Price: $85,000.00

Multi- family, 2-unit in East Chicago! 3 bedroom/1 bath units. Currently bringing in $1,600.00, already at market rents! Property has been under good care by owner. Property is fully rented and serviceable in condition. Already at market rents, this property is all set to go. 

For more information contact: Subbie Kaur [email protected] You can also schedule a call with us, head on over to our website: http://www.acenwi.com/contactUs.php

@Account Closed mentioned knowing your investment strategy would be the first step here, this will really allow you to dig deeper into markets that most fit your strategy. 

For example, we focus on cash flow markets, here are some things that we make sure exist in a market before even stepping into it! 

1. Low taxes ( this with low property taxes will really allow you to generate more cash flow) 

2. High rental demand ( more rental demand the easier it is to fill units if vacancies do occur) 

3. Landlord friendly laws ( will allow you to have a much more positive experience as an out of state investor, you want to invest in states where the laws are in the favor of the landlord) 

4. A GOOD Property manager ( KEY! Having a good property manager who communicates efficiently will really allow the management of your property to go much more smoothly. Also, your property manager should be knowledgeable about the market, and be able to have a set game plan for any property that is managed through them) 

Hope this helps, feel free to reach out to me if you have any additional questions! 

Have you started looking into any markets already? 

@Jeremy Helsabeck

Welcome to BP! 

Smart decision of not investing in a place where property prices are high! You can get a lot of good properties in the midwest! 

Here are some things that we make sure exist in a market that we invest in: 

1. Low property taxes ( really important if you are looking for more cash flow! Low taxes and low property prices are a WIN) 

2. High rental demand( this will make filling units much easier if vacancies do occur, and also we have noticed that in areas where there is high rental demand, tenants will stick around much longer) 

3. Landlord friendly laws ( you want to invest in a state that is more landlord friendly, this will allow you to have a much more positive experience as an investor)  

4. MOST IMPORTANT ( A GOOD PROPERTY MANAGER) This is KEY, you want to work with a property manager that has a good reputation and also is able to educate you about the market. They should know the trends of the market, the demand, and overall just have a clear idea of how their market works! 

Hope that helps! 

Let me know if you have any questions 

Hey @Mike M.

Welcome to BP!

Good point you made... it is very important to focus on the right market based on your personal strategy. 

Our company focuses on cash flow so here are some things we make sure exist in any market that we are thinking about investing in: 

1. Low taxes ( this will really allow you to generate more cash flow) 

2. High Rental Demand( more rental demand the easier it is for you to keep tenants and inc cases where vacancies do occur you easily re-fill units) 

3. Property Management ( KEY as an out of state investor, someone who you can trust and communicates in an efficient manner. Your property manager should also be able to tell you about the market and know the markets very well! 

4. Landlord friendly states( this will allow you to have a much more positive experience as an investor) 

If these four things check out then you are one step closer to the right market to invest in. 

Also just a little personal feedback on Milwaukee, we actually looked into that area a few months ago and were working with a professional property management team. Unfortunately,  the property prices, taxes, and the owner paid utilities were very high in the properties out there. 

@Francisco Galvan

You can get some very good cash flowing properties in the midwest! If you are open to financing then you could even get a few investment properties. 

As a new investor, I personally think the first important thing to do is to make sure the market you are investing in meets the following: 

-Low property taxes (this will obviously allow you to generate more cash flow) 

-High rental demand ( more rental demand, keeps tenants in place and in cases where there are vacancies, filling units is much faster) 

- Landlord friendly laws ( you will have a much more positive experience as an investor ) 

-Good property management (if you are looking at out of state markets this a must, the property manager should also be able to educate you about the area, know the rental demand and be able to give you a clear game plan for any investment of yours that is managed by them) 

Good luck! 

@Kanessa Page

Out of State investing is great if you are working with the right people and are in the right market! 

A few things to keep in mind 

1. Invest in a market that you know has high rental demand, low taxes. More cash flow and easy to keep and replace tenants in case there are vacancies.  

2. Landlord friendly Laws, this will allow you to have a much more positive experience especially as an out of state investor. 

3.  A GOOD PROPERTY MANAGER IS KEY! This will really allow you to have a positive experience. The property should be able to communicate with you as needed, trust-worthy, and have a clear idea about market knowledge!