All Forum Posts by: Travis Darden

@Andy Rumple is his name on this forum. I couldn't believe I received the email; unbelievable.  

The guy's name is Andrew Rumple w/ Indy Fast Cash, LLC. He's on this platform. Came out of no where sending rude emails to his buyers list re: voting? Unreal! Not a good guy; be careful if you plan to do business with him...

Hi Amie, would love to hear more about Indy.  [email protected] 

@Eric Giovannucci, no it’s in Crystal City, which basically Arlington. Right next to DC. Not close to Richmond.

I read somewhere that I can take 401k funds and roll into a start up business and avoid penalties. Is this true? BTW, I really appreciate you all chiming in! Thanks for the advice!

@Grant Rothenburger thanks for the info! Working on figuring it all out. I’ll definitely reach out to her to ask for advice/consultation. 

BP members,

Looking for some advice.  Have one rental that has been successful in the DMV area.  Currently live in the midwest (2 1/2 years now), prices for houses are so much different than the east coast.  To make a long story short, my wife and I are evaluating a portfolio with 40 plus doors and looking to make an offer.  If looking at this correctly, it will place us essentially into the "financial freedom" area we've been striving for (but we will still keep our day jobs).  My question to you experienced investors out there, should we use our 401k to make the down payment to get the best interest rate?  If so, how can we do this without paying crazy penalties?  Thanks in advance for your advice!  

Hi Jeff, I’d love to speak with you about investing in Indy. Have been here for almost 3 years now (moved here from east coast) and have still been on the sidelines. Looking for multi-family type properties with good ROI.

@Joseph Parker I guess "cheap" isn't the right word to use... Nothing wrong with the houses. I think they are priced well. However, the area is literally 1/2 the price of the area I moved from which is Fairfax VA, a DC Metro Suburb. So to me, this is great! The house I was able to buy here would have cost me close to a million in DC! I hope to find some buy & hold opportunities soon and grow a portfolio in the near future. Take care.

It is a great community. I’ve been on the sidelines for way too long. Have lived in Indy for about two years now. I’m certain I’ve let about 5 solid deals to slip through my hands. I moved here from the DC Metro area. So to me, EVERYTHING is cheap here compared to where I moved from. My situation is that I have found a great job that I really enjoy. Now, I want to secure enough real estate to pay for my life (mortgage, core bills, etc) & keep my day job. I’m making it harder on myself than it should be by a bunch of speculating and no real action. Hoping to change that as we enter the second quarter of the year! Best of luck in your baseball career! I used to play in the NFL a long time ago... The rigors of pro sports can be tough and the money doesn’t last forever. Real estate investing is definitely the way to go!