All Forum Posts by: Tyler Lingle

We host RE meet-ups as well. CIREA is great but we tent to get just as many people and a ton of great energy. rootsrealty.co/events 

I would suggest Indy. I'm on #8 property, 12 units in Indy. All about under $300K. Very doable... Let's get on a call and discuss!

December Indy Investor Masterclass

Come join us for an exciting event at Guggman Haus Brewing! Whether you're a seasoned investor or just starting out, this masterclass is perfect for you. We’ll discuss how to get started in real estate, learn from industry experts, network with like-minded individuals, and gain valuable insights to help you succeed in your investment journey. Don't miss out on this opportunity to take your investment skills to the next level. See you there!

About our Speakers

Alex Montagano
Alex Montagano is a real estate investor and a investor-minded real estate broker / owner. Alex has flipped multiple homes and owns over 20 units in Indianapolis. He is the CEO and Owner of Lockstep Realty, the 2nd largest eXp brokerage team in the state, with 15 agents. Lockstep prides itself on market expertise in Indianapolis as well as an unparalleled client experience.

John Murphy

John Murphy has been a resident of Indianapolis for 41 years. He is married to his wife Dolores, he has four children and two dogs. He is owner of MJW mortgage, owns a variety of real estate; 29 residential doors, a commercial office building, and industrial buildings. The company has grown from 3 employees to 71 team members. MJW is a Fannie Mae seller/servicer for residential mortgages. Outside of work; He has written two books, and recently started working toward being a social media influencer.

THANK YOU TO OUR SPONSORS WHO MAKE THESE EVENTS POSSIBLE:

These are the venders we trust with our own real estate investments & clients:

Jon Dages with Mamba Mortgage

Top Dog Home Inspections

T&H Realty & Property Management

Off-Leash Construction

King Agency - Goosehead Insurance

Hoosier Homes Management LLC

Aaron Bogenschutz with Cross Country Mortgage

Phil Nelson with Best Flooring

Renato Lima with Approved Morgage

Come join us for an exciting event at Guggman Haus Brewing! Whether you're a seasoned investor or just starting out, this masterclass is perfect for you. Learn from the best in the industry, network with like-minded individuals, and gain valuable insights to help you succeed in your investment journey. Don't miss out on this opportunity to take your investment skills to the next level. See you there!

About our Speakers

Alex Montagano - investor-friendly agent & BRRRR investor
Alex Montagano leads the Lockstep Realty Team with a focus on delivering exceptional results and a smooth experience for every client. With a keen eye for strategy and a deep understanding of the market, he ensures that his team consistently exceeds expectations. Balancing his professional commitments, Alex is also a dedicated husband and father to twins, bringing the same level of care and dedication to his family life. His ability to lead with both passion and precision makes him a trusted partner in real estate.

John Murphy - mortgage company owner & commercial RE investor 

John Murphy is resident of Indianapolis for 41 years. He is married to his wife Dolores, he has four children and two dogs. He is owner of MJW mortgage, owns a variety of real estate; 29 residential doors, a commercial office building, and industrial buildings. The company has grown from 3 employees to 71 team members. MJW is a Fannie Mae seller/servicer for residential mortgages. Outside of work; He has written two books, and recently started his attempt to be a social media influencer.

Hi there, I host meet ups that are quite well attended, if I can humbly say. You can find our next which is on December 5th here: https://rootsrealty.co/events

CRE finance does 30 yr fixed, right now around 7%. Can't beat it. Hit me up for their contact!

Indianapolis is seeing steady property value growth. Indy is up on average 3.7% YoY in median sales price.

Inventory on the market has been steadily rising. Indy is up 24.3% on the year, with 5,650 listings on the market as of August 2024 data. 

Days on market is nearly the same as this time in 2023, showing a reliably strong seller's market, yet not as competitive and crazy as COVID-era. Median days on market is 15 days. Seller's are receiving 98.3% of list price. 

Rent growth had the most gains in 2022, but 2024 has seen modest gains. 

Rates have now decreased from averages in the mid-7's to now upper-5's, yet the market has not seen a "speed up" -- likely due to the seasonal swing, and the upcoming election. 

2025 should see strong property value growth, with increased inventory, but also increased buyer activity with rates expected to continue downward. 

SOURCE: Mibor.com 

Hey @Guy Keren! I am an active investor in Indianapolis, and own two Short-term rentals. I think the best in the book for flexibility and friendliness to LLC's is CRE Finance. They are doing 7% on 30 yr fixed for me, which is pretty strong for STR income based DSCR loan. Otherwise, just use a regular conventional loan based on personal income if you want good terms as well. Happy to help with contacts.

Search Off Leash Construction! @Nick Giulioni has done over 200 deals as an investor and built this company for investors like us.