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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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14 February 2025 | 7 replies
If you have mony in the deal and it is no longer bringing a proper return it may be time to move that money into another property that will return more.
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9 February 2025 | 12 replies
I keep a portfolio of photos in my arsenal - not posting all of them - but switching out a photo periodically as it can trigger your listing to move up the list when a change is made on some of the sites.
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14 February 2025 | 13 replies
Those areas are seeing the most appreciation and continue to grow with new residents moving there looking for housing.
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6 February 2025 | 7 replies
Connecting with experienced investors is a great move as it allows you to learn from others' experiences and opens doors to partnerships, resources, and insights you might not have considered.
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14 February 2025 | 10 replies
I get get really good prices for home games, graduation, ceremonies, moving kids in and out etc.I get all these bookings from VRBO.
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12 February 2025 | 6 replies
It'll likely be much lower.Of course - on subsequent years the property tax footprint can rise by no more than 5% YoY.I'm trying to dial in my P&L here, so if I do find a decent investment property option, the math can be done quickly and I can get moving quickly.
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17 February 2025 | 11 replies
After we meet, if he doesn't provide documentation then I'll move on.
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28 February 2025 | 9 replies
Example: Rent: $2,000/month Expenses (50% Rule): $1,000/month Mortgage: $900 Estimated Cash Flow: $100/monthIf the deal still looks good, move to something likeBreak Down of Actual ExpensesFixed Expenses (Every Month) Mortgage (P&I) – Principal & interest from your loan.
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19 February 2025 | 13 replies
I just moved from that area!