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Articles by Ryan Rominger
Investing in Northwest Indiana (Hammond Area)
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ADUs in Indianapolis
Hey there! I've been exploring the idea of adding ADUs to some of my properties in Indianapolis as well. While I haven't built any ADUs personally, I've done some digging and chatted with a few investors who've gone down that path. ADUs can definitely be a valuable addition to your properties and help boost cash flow. But, as you mentioned, there are a few hoops to jump through, like dealing with zoning regulations and getting the necessary variances.
First time builder and landlord
Looking for any direction or advice from anyone who's been through a similar situation. I'm buying land from family in southern middle Tennessee (approximately 2 acres) and planning on building a new construction quad plex with four units approximately 1750 square feet each. I'm planning on using private financing to get my foot in the door with these first four units of my portfolio, and then to scale up and build more units on site as they're paid off.
Need a contractor in Indianapolis
Hey Timmy, Just saw your post—sounds like you’re making great moves in the Indy market. If you’re still looking for a contractor, I run Off Leash Construction, a local construction company based here in Indianapolis. We specialize in value-add multifamily, residential renovations, and ground-up projects. Feel free to check us out at offleashconstruction.com — happy to connect if we can be a resource for you. Best of luck on your next steps! – Nick Giulioni
Self-Manage or Hire a PM? I Need Your Input
Hey, great conversation! For perspective, we currently self-manage a dozen doors across two states. While we’ve used a property manager in the past, we now handle everything in-house for a couple of key reasons: Faster and cheaper turnovers – Using our own vetted subcontractors allows us to turn units more quickly and cost-effectively. Maximized rent potential – We’ve found that when we self-manage, rents stay closer to market rates.
Do I rent my house or no?
I’m 21 with a 4 bed 2 bath house and a desire to be self employed with rental properties one day. I own a house worth roughly 320k with 230k left on my loan. I have a sorority from a nearby university interested in renting it, which would allow me to cash flow $1k a month after all expenses. If I rented it I’d end up in an apartment but I’d be making more money but a lot more potential issues. Not sure if I should go with that route or continue to rent a couple rooms
I am young and unsure where to start my real estate career. Help!!
Quote from @Jimmy Lieu: Quote from @Evan Hooke: Hello! My name is Evan and I am from Cleveland, Ohio. I have been listening to the bigger pockets podcast for about a year and I am eager to start taking action towards my real estate goals. I like the idea of the BRRRR method, and I think it is a reasonable goal to acquire a property to renovate and rent out within the next year or so. I have a good amount of capital saved up and am willing to put in the work for renovation.
New to Real estate investing
Hey everyone, I just turned 23 and want to start buying property asap. I'm from Chicago and I currently do Airbnb arbitrage on a 4bed house in indiana. The place does well so I want to expand and buy a place in the same area with my partner. I had a few considerations in mind... realtor?: it's my first time buying property so I feel like a realtor might help, but I don't like the idea of paying up to 3% in commission fees (unless she can convince the seller to pay it).
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