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My First Property

...and it's over 2,000 miles away

Renovation Complete

2/14/2017

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HUGEEEEE UPDATE TODAY: I received additional photos of my property as construction has officially wrapped up. A few final photos below:
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Main dwelling siding
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New vinyl flooring in kitchen
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New water heater
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New garage siding
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Refinished hardwood floors
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Refinished hardwood floors
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Cleaned, sealed, and painted basement
In other news: I've finalized a trip to Indy in early March. I have a confirmed meeting with my property manager/general contractor and will have access to the property. First hand photos and video will be taken!
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In addition, I have several confirmed meetings with investors, realtors, property managers, and turnkey companies. This should be quite the adventure! Looking forward to it!
*UPDATE*
My Trip to Indy
As you know, I took a trip out to Indianapolis, Indiana from March 3rd through March 5th (2017). I can happily say I accomplished all the goals I prioritized on this quick 48 hour trip:

-Meet General Contractor and Property Management company - ACCOMPLISHED
-Visit/Walk-Through Property - ACCOMPLISHED
-Get property keys in my possession - ACCOMPLISHED
-Build relationships on the ground in Indy for future investments (scheduled 6 meetings with various investors, turnkeys, project managers, realtors) - ACCOMPLISHED

Below are FIRST-HAND photos of my first rental property investment:
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Takeaways
-If you decide to invest out of state, I HIGHLY recommend visiting the market in person. Make as many connections as you can before getting out there, and arrange as many meetings as possible. Strong relationships are integral to investing in real estate, especially out-of-state, when you are not a quick drive to your property.
-It's important to take a step back and reflect on what you've accomplished every so often. A few months ago, I had THE IDEA of purchasing a property...but nothing really tangible. Now, I've acquired a house, renovated it, and it's ready to rent. What are you proud of?

Up Next
Let's get a qualified tenant in here and watch this property do it's thing - become a performing asset.

​-Tyler
NEXT POST: Video Walk-Through
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  • Start Here
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  • My First Property
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  • Latest Posts
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