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All Forum Posts by: Tyler Lingle

Tyler Lingle has started 46 posts and replied 388 times.

Post: Where do you see things going this winter in the market?

Tyler Lingle
Agent
Posted
  • Real Estate Consultant
  • Indianapolis, IN
  • Posts 409
  • Votes 283

Recently, I ran into this infographic. Very interesting predictions from Fannie, Wells and the MBA. If the forecasts are accurate, we are around the corner from another hot market with rates set to drop almost two percent!

My question is, where do you see interest rates going & why? What do you see happening in the real estate market over this winter? 

    Post: Need a recommendation good property management company in Indianapolis

    Tyler Lingle
    Agent
    Posted
    • Real Estate Consultant
    • Indianapolis, IN
    • Posts 409
    • Votes 283

    Some I've used in the past- 

    LIV Indy 
    Intrigue Indy 

    I'm now using one of the above & self-managing. Both would be worth looking in to! 

    Post: Looking for Strategic Partner

    Tyler Lingle
    Agent
    Posted
    • Real Estate Consultant
    • Indianapolis, IN
    • Posts 409
    • Votes 283

    Hi Dave, I believe I know which one you are speaking of. Great location. I'd love to connect to discuss. 

    Post: Location - Trying to nail down a location for my first investment property

    Tyler Lingle
    Agent
    Posted
    • Real Estate Consultant
    • Indianapolis, IN
    • Posts 409
    • Votes 283
    Quote from @Min Zhang:

    I prefer to start in the midwest, because the entry point is much lower and cash flows the best. As long as you develop your Core 4 like David Green’s mentioned in his long-distance investing strategy (realtor, contractor, property manager, and lender), you should be able to invest anywhere with confidence. I buy in Columbus, Ohio. Columbus has experienced so much growth for the past few years, partly due to the influx of tech giants like Intel ($20 billion), Meta, Amazon, and Google building warehouses and data centers in the area, which has contributed to an increase in property prices and more people moving into the city for job opportunities. I also invest in Cleveland and Cincinnati.


     Hi there, Indy might be what you're looking for. We have extremely low unemployment (around 2.5%), rising rent rates (about 12-15% in 2022), tons of capital investment in our infrastructure & housing at the moment. Low median prices (although that's changing). Landlord-friendly, no pay-no stay laws. With my own rentals here I find it's a good mix of cash flow & long-term appreciation. Single family rentals (3 bed, 1 bath) you can get a solid one for $150-200k that will rent at or near the 1% rule. Small 2-4 unit, multifamily can be a great option to start with too (even better if you want to do an owner-occupant 5% down conventional loan - as they're now allowed!). 

    Post: Real Estate Happy Hour

    Tyler Lingle
    Agent
    Posted
    • Real Estate Consultant
    • Indianapolis, IN
    • Posts 409
    • Votes 283

    A time to meet & connect about real estate. Grow your network. Talk to investors, agents, property managers, contractors, etc. It's at CoHatch Broad Ripple every third thursday of the month! 

    To sign up for our investor events list go here: https://rootsrealty.co/investor-events/

    Post: Where should I invest Indianapolis IN, or Carmel IN?

    Tyler Lingle
    Agent
    Posted
    • Real Estate Consultant
    • Indianapolis, IN
    • Posts 409
    • Votes 283

    Hot take - Invest in Carmel (if you can lose money for months to make real money in years). On the real, Carmel has an intense need for more STR's, however, the city is not super friendly to them.

    Post: Investing in sketchy areas....

    Tyler Lingle
    Agent
    Posted
    • Real Estate Consultant
    • Indianapolis, IN
    • Posts 409
    • Votes 283

    Gunshots can be heard in many areas of my city. Event sometimes areas on the up and up. Sadly, it is more of an urban vs. rural thing. That being said, excessive gunshots is obviously going to make the area less desirable. 

    I love the comments about investing in a unit you yourself would live in, or your friends. I think it's very wise and I wish I would have followed that advice on my first investments.... 

    Post: Investment Map/Area Gentrification

    Tyler Lingle
    Agent
    Posted
    • Real Estate Consultant
    • Indianapolis, IN
    • Posts 409
    • Votes 283

    The map is available for download on our website. I also do an overview of the Indy investor map here: 

    Post: New to to Wholesale - Where can I get a list of properties?

    Tyler Lingle
    Agent
    Posted
    • Real Estate Consultant
    • Indianapolis, IN
    • Posts 409
    • Votes 283

    Come to our meet ups to meet other wholesalers!

    Post: Out-of-state investors presence in Indianapolis. Do you see your state represented?

    Tyler Lingle
    Agent
    Posted
    • Real Estate Consultant
    • Indianapolis, IN
    • Posts 409
    • Votes 283

    Very interesting. I get a lot of calls from LA / SF so makes sense...