Placeholder photo
01 Investment
Rental and fix and flip property
02 The short answer
Rental and fix and flip property
An investment purchase is a spreadsheet decision. What matters is the acquisition price against realistic rent or resale, the true cost of the work, and the carrying cost while you do it. I help identify properties where those numbers work and I will tell you when they do not.
Investors and owner occupant buyers need opposite things from an agent. An owner occupant needs the emotional side handled carefully. An investor needs the emotion removed entirely and the arithmetic checked. The fastest way for me to be useful to you is to be blunt about a property.
I am not an appraiser, a contractor or a financial adviser, and I will not pretend the returns are certain. What I can do is pull the comparable rents and comparable resales, tell you what similar properties in that condition have actually traded at, and be honest about the parts of a renovation estimate that usually run over.
03 Step by step
How I work with investors
Your criteria, in numbers
Target return, cash or financed, how much work you are willing to take on, and which submarkets you will and will not buy in.
Property flow
Properties matching that criteria as they come available, including listings that need work and are therefore priced for it.
The analysis before the showing
Comparable rents, comparable resales, days on market for the finished product, and what the same street has actually traded at.
Walk it with the work in mind
Roof, mechanicals, foundation, electrical, and whether the floor plan can take what you want to do to it. I recommend a licensed inspector for anything structural. I do not estimate construction cost.
Offer built around the numbers
Acquisition price is the only number you control completely. If the deal only works at a price the seller will not take, that is information, not a failure.
Placeholder photo04 Worth knowing
The number that kills flips is the carrying cost
Purchase price and renovation budget are the figures everyone models. The one that quietly ruins returns is time: interest, taxes, insurance and utilities for every month the property is not producing. Build a realistic timeline and then extend it, because permitting and trades availability are not under your control.
What kind of investment property is available in this market?
Johnson County and the Indianapolis south side carry a wide range of housing stock, from mid century ranches through newer subdivision homes, which means both long term rental and renovation opportunities exist. What works depends entirely on your capital and your appetite for work. I will not quote you a market wide return figure, because any number like that is meaningless applied to a specific property.
Do you handle the rental side afterward?
No. I do not do property management and I do not lease apartments. I help you acquire and I help you sell. For management you want a dedicated firm, and being clear about that boundary is more useful to you than pretending otherwise.
06 Get started
Send Trae a message
Tell him what you are working on and how you prefer to be reached.
Trae reads every one of these himself. If you would rather talk now, call 317 478 0124.
07 Common questions
Questions people actually ask
Can you tell me what a renovation will cost?
No, and be careful with any agent who will. I can tell you what finished comparable homes sold for and what similar unfinished properties traded at. Construction cost belongs to a contractor who has walked the property.
Will you show me properties that need significant work?
Yes. Those are frequently the ones where the numbers work. I will be direct about what I see and direct about the limits of what I am qualified to assess.
Do you work with out of state investors?
Yes. Video walkthroughs, remote closing and honest description of a property and its street are the core of that relationship.