All Forum Posts by: Victor Tatyanin

Would like to learn more from you, Bob. Sent you connection request.

Ric, thanks for the response! I should have been better with formatting: 

P&I - $950;

PM fee - $200;

Insurance - $110;

HOA - $50;

Taxes - $570;

Same numbers with better formatting. Yes, I'm targeting appreciation and rent increase over 15-30 years horizon, and you confirmed my strategy for A-class. Thank you!

Thanks all for the responses! Lot's of good points. 

Yes, I knew these numbers and I'm still happy with the properties and very happy with my agent as well. I deliberately moving forward with these number for various reasons. Just less happy than I could have been with lower taxes :-D

And thank you all for confirming that this is reality. I just wanted to make sure I wasn't missing something important, like deductions or other tax-related techniques. 

Hello, I'm an out of state investor who just started building a portfolio of SFH rentals in Indianapolis. Got 2 properties under contract (in Carmel and Fishers (yay!), but one thing caught me by unpleasant surprise: Property Taxes for rentals are crazy 2.1 - 2.3%!

How do you fellow investors managing that? I mean, I cannot apply Homestead deduction, any other means of managing this number?

For context:

I was targeting 8% rent to price ratio as reasonable (I know it's low, but I'm in the long-term game and little to no cashflow is ok with me, as long as it's positive with 25% down). So having 300K house, renting it for $2000 per month seemed fine. Costs would be:

$950 - P&I; $200 - PM fee; $110 - Insurance; $50 - HOA;

but when I substract $570 Taxes it leaves me with $100 monthly on maintenance. Ok, I probably can try to rent it out for 2200, but still very thin margin.

Those are sample numbers, but they are 95% close to exact numbers on one of the properties. 

Me too, me too! I'm also an out of state investor (I live in Seattle WA) relying on PM / Realtor for buying + managing SFH. Going to invest in Indy this winter. Please send me any recommendations / connect with me. I will highly appreciate them!

Thanks all for all of the guidance! @Christopher Petrillo, I'm very interested in 16 Tech area, could you please elaborate on what is the best way to tackle it? Are there any adjacent neighborhoods I should be looking at? Or new constructions inside of the tech zone itself? Please PM me if you have any specifics (or reply to this forum for other investors to learn). 

Hi, I'm a newbie RE investor from Seattle, WA. I'm going to buy cash flowing SFH, possibly duplex in Indianapolis, IN as my next investment. Interested in B+ neighborhoods with good schools, targeting tech workers. Looking for recommendations of fellow BPers!

I'm planning to spend 140-200K for a SFH, slightly higher for a duplex, looking for a balance of cash flow and longer term appreciation. Are there any tech hubs in Indy? What is considered the best residential area for commuting to these tech hubs? Thanks!

In short: it's applying internet marketing techniques on top of large, established MLM company (doTerra) to build the network and gain ROI. All done for you by professional internet marketing guy - truly passive income. All I need to do is to create a doTerra account and pass my id to this guy who manages the project.

Here are projected earnings and initial investments:

Initial investments ~ $5K: projected earnings: $2200 a month (after 6-12 months)

Initial investments ~ $9K, projected earnings: $4800 a month (after 12 months)

Initial investments ~ $18K, projected earnings: $9400 a month (after 12 months)

The best part is that he provides money back guarantee in 12 months.

PM me if you want more details.

Hi all,

If anyone is interested in high risk / high return investments with low entry ($5-18K) - ping me now, I’ll share the details.

In short: it's applying internet marketing techniques on top of large, established MLM company (doTerra) to build the network and gain ROI through the commissions. All done for you by professional internet marketing guy - truly passive income. If you have a taste for high risk and spare $5-18K cash - worth taking a look!

Here are projected earnings and initial investments:

Initial investments ~ $5K: projected earnings: $2200 a month (after 6-12 months)

Initial investments ~ $9K, projected earnings: $4800 a month (after 6-12 months)

Initial investments ~ $18K, projected earnings: $9400 a month (after 6-12 months)

The best part is that he provides money back guarantee in 12 months.

PM me if you want more details.

I'm also looking for investor-friendly realtor to purchase a rental property around RTP. 

Brian, I PMed you in case you want to share strategy / thoughts.