All Forum Posts by: Tom Thomson

Are you local to Indianapolis or do you live in New York?

I get these calls everyday 

Looking for contractor recommendations in Indiana for someone to convert a 2-car detached garage into a rentable ADU

I use eforms.com for all my contracts and smart move for all my background checks.

Buying in the winter you can get a better deal.  I have done this a few times.  Get a little bit less in rent for the 1st tenant but always willing to do either a 6 or 18 month lease to swing renewal time back to the summer.

80% on primary and 75% on investment property I believe.

I love the HELOC option! It's sometimes a little tougher to get one on an investment property vs. a primary residence but If you can get it I would strongly recommend looking into it.

Hi Mason. I live in the Indy area and have several SFR properties and 1 Airbnb. Would love to connect with you.

I live in and invest in the Indianapolis Indiana and surrounding area and exploring the option of converting some 2 car detached garages into ADU's and just looking for feedback if people have done this is the past and it's worth it. I can see this becoming more popular as time goes on. Housing has been expensive and seems like this may be worth looking into.

Looking forward to this one.   When investor mortgage rates were in the 4% range I went with debt all day long.   Current investor rates of 7% ish have changed that!