All Forum Posts by: Tyler Lingle

Where are they at? My personal home appreciated nearly 100% so it's not inconceivable that they continue upward much more. Most people seem to think prices will be elevated / rising for a LONGGGG time. 

Hi all, I'm currently looking for rentals in urban Indy in appreciating markets for some clients and myself. I'm curious what people write in for expenses when running the rough numbers. 

Let's assume a SingleFam home priced at 150k with very little rehab to do. 

Taxes? 

Insurance? 

Utilities on owner? 

Repairs / Cap Ex? 

Vacancy? 

All in Indy context. Would love to hear your thoughts!

Personally, I'd vote Bloomington over Martinsville. B-town will see tons of growth. Martinsville imo may even decline. South side of Indy from Greenwood to Center Point is a great bet, though. 

Elements Financials, Caliber Home Loans. Hit them up!

Hi Maxwell, I just helped a client with the same search. We ended up going with a 4-plex though because the numbers just worked out so much better. This client (a travel nurse from TX) is claiming as his primary residence and leasing out the other sides. I know the market in Indy quite well -- let's chat!!

I believe there is a "seasoning" period in which you have to actually live in the primary residence yourself. Additionally, you'll be using an LLC correct?

I would look into Caliber Home Loans (investor friendly and local to Indy)

Element Financial too. Indy based. 
Good luck!

Intrigue Indy works alongside Plat Collective and they are FANTASTIC. They have 200 doors I believe now. He knows how to serve investors well. I'm using them for recent purchase. I have a contact so DM me!

Congrats! That's amazing rent. What area? Still gem investments out there in indy.

Awesome! Wanted to go but it didn't work with my schedule. Will hopefully be there for upcoming events!