All Forum Posts by: Tyler Lingle

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

 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!). 

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/

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.

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.... 

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

Come to our meet ups to meet other wholesalers!

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

*The Fully Cash-out BRRRRR is dead. The BRRRRR is not dead and value add investing will always make sense when one looks at alternatives.

Indianapolis near Downtown. Christian Park & Bean Creek. Would love to help!