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7 January 2025 | 9 replies
While they cash flow, we've realized we're over-leveraged and want to take a different approach.Our plan is to purchase our first investment property in Indiana, possibly paying cash, with the goal of generating reliable income.
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8 January 2025 | 11 replies
**Cash Flow & Reliability**: The cash flow can be great, especially since the rent is typically above the average for the area, and it’s guaranteed by the government.
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3 January 2025 | 11 replies
They do minimal at best verification of the data the applicant provides.
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19 January 2025 | 147 replies
The idea that you could screw up so many multifamily investments but are a reliable source for investing in farmland is farcical.
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14 January 2025 | 13 replies
Focus on smaller single-family homes, condos with low HOA fees, or multi-family properties in these regions, and build a reliable local team of agents, property managers, and other professionals to ensure a smooth investing experience.
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27 January 2025 | 9 replies
Focus on areas near job hubs and good schools, as they attract reliable tenants.
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21 January 2025 | 4 replies
Focus on areas with strong rental demand, like Broad Ripple, Fountain Square, or near universities like Butler and IUPUI.Maintenance Costs: Indiana weather can be tough on properties, so budget for seasonal maintenance like snow removal and HVAC servicing.Additional AdviceKeep an Emergency Fund: Unexpected repairs or vacancies can arise, so having 3-6 months of expenses saved will help you weather any surprises.Build a Reliable Team: I have lists of contractors, handymen, cleaners and property managers if you'd like me to send.Good luck with your property and future expansion!
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5 January 2025 | 5 replies
On the flip side, if you've got a bunch of Section 8 tenants living in a building that's in a neighborhood where a lot of the tenant base has good jobs, high credit scores, and are generally reliable people, you've got the most risky tenants in that tenant base and that ain't what ya want.
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17 January 2025 | 14 replies
I'm wondering what people's best experiences with low flow are, reliability, durability, best brands, savings seen, and if I should avoid the extreme low gpf toilets for water savings (0.6-0.8 gpf).
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16 January 2025 | 3 replies
Make sure you understand the local rental market and have a reliable team for rehabbing properties.- **House Hacking:** This can be a great way to start, especially if you're looking to live in one of the units.