How do you go from $200K in debt after the 2008 housing crash to one of the biggest multifamily investors in Indianapolis? Ivan Barrett of BAM Companies breaks down how he built a 10,000+ unit apartment portfolio from scratch.

He also shares his worst apartment deal, why single family rentals are a great place to start but not the endgame, and why he's buying apartments right now in the toughest multifamily market since 2008.

To close, Ivan talks faith, fatherhood, and leading a family while scaling a commercial real estate business.

RESOURCES
Ivan's advice is to start at whatever size gets you moving. If your first step is one rental or a small multifamily, start here:

Free Investor's Guide (house hacks, BRRRR, rentals, 1031s)
https://www.rootsrealty.co/resources/investors/indianapolis-real-estate-investor-guide?utm_source=podcast&utm_medium=episode_description&utm_campaign=ep70&utm_content=investor_guide

Are you ready to invest? (2-minute quiz)
https://www.rootsrealty.co/investor-readiness-quiz?utm_source=podcast&utm_medium=episode_description&utm_campaign=ep70&utm_content=investor_quiz

Book a 30-minute call with Roots
https://calendly.com/maxrealestate/30-min-info-call-roots-co-clone?utm_source=podcast&utm_medium=episode_description&utm_campaign=ep70&utm_content=book_call

Get the Roots newsletter
https://www.rootsrealty.co/newsletter?utm_source=podcast&utm_medium=episode_description&utm_campaign=ep70&utm_content=newsletter

SPONSORS
Haus Construction: admin@hausholdings.net
Phil Nelson at Best Flooring: https://bestflooring.com

⏱️ Chapters:
0:00 — $200K in Debt to 10,000 Units
0:30 — Paper Routes and Early Hustle
1:23 — Selling Jordans at Glendale Mall
2:45 — 600 Carmel Lots and the 2008 Crash
6:05 — Why the Crash Was a Gift
7:51 — Starting Over in a Spare Bedroom
11:14 — How His PM Clients Became His Investors
12:18 — Our Sponsor: Haus Construction
21:34 — His Worst Deal: Beech Grove
28:50 — The Multifamily Winter: Buying Below Replacement Cost
35:26 — Our Sponsor: Best Flooring
35:53 — Growing His Faith
40:21 — Raising Teenagers While Scaling a Company
44:28 — Advice for Dads of Toddlers and Teens
47:09 — Rapid Fire: Restaurants, Books and Habits

Disclaimer:
This video is for educational and informational purposes only. Nothing in this video should be construed as legal, tax, or financial advice. Always consult with licensed professionals before making any real estate investment decisions.

86% of Americans think it's a bad time to buy a house. For real estate investors it feels even worse. Rates continue to jump up, Marion County tax bills are up 2 to 3x on some rentals, and insurance is up about 1.5x.

Jared Shore founded Mamba Mortgage and has 14 years in lending. He works with Roots investors, and he doesn't try to guess where rates go next. His read on the real problem: rates stayed high, but Indianapolis home prices kept climbing. The market is almost too strong for rates to fall.

In this episode, he walks through what still works.
Jared Shore at Mamba Mortgage: https://mambamortgage.net

RESOURCES
Jared's line is that the loan is the easy part. Finding a property that fits is the hard part. If you want help with the hard part, start here:

Free Investor's Guide (house hacks, BRRRR, rentals, 1031s)
https://www.rootsrealty.co/resources/investors/indianapolis-real-estate-investor-guide?utm_source=podcast&utm_medium=episode_description&utm_campaign=ep68&utm_content=investor_guide

Are you ready to invest? (2-minute quiz)
https://www.rootsrealty.co/investor-readiness-quiz?utm_source=podcast&utm_medium=episode_description&utm_campaign=ep68&utm_content=investor_quiz

Book a 30-minute call with Roots
https://calendly.com/maxrealestate/30-min-info-call-roots-co-clone?utm_source=podcast&utm_medium=episode_description&utm_campaign=ep68&utm_content=book_call

Get the Roots newsletter
https://www.rootsrealty.co/newsletter?utm_source=podcast&utm_medium=episode_description&utm_campaign=ep68&utm_content=newsletter

SPONSORS
Haus Construction: admin@hausholdings.net

Disclaimer:
This video is for educational and informational purposes only. Nothing in this video should be construed as legal, tax, or financial advice. Always consult with licensed professionals before making any real estate investment decisions.

0:00 The Reality of Today's Housing Market
1:45 The Truth About Interest Rate Projections
3:50 Who Is Actually Winning in This Market?
6:08 Is Cash Flow Still Possible Today?
10:28 The Golden Handcuffs of Low Rates
18:30 Strategic Tax Benefits for Real Estate

More than $8 billion is being poured into downtown Indianapolis right now. It's the largest building boom in the city's history, and the Indy your grandma knew is about to look very different.

Tyler Lingle starts with why Indianapolis is growing so fast, and why now. Eli Lilly anchors a strong local economy. Bank of America ranked Indianapolis the fastest growing metro in the nation in 2023. And the city is known for low red tape, so developers can actually get projects built here.

Then he walks through six projects changing the skyline: luxury hotels, new music venues, and a state-of-the-art Indiana Fever Performance Center.

The takeaway is simple. Investors should buy in the path of growth, like Fountain Square and the near west side, before prices move. And if you want a $200K starter home or a $400K move-up home, Tyler thinks that window closes in the next 2 to 3 years.

RESOURCES
If that 2 to 3 year window has you thinking about your own next move, start here:

Free Buyer's Guide (Indianapolis, PDF)
https://www.rootsrealty.co/resources/buyers/indianapolis-home-buyer-guide?utm_source=podcast&utm_medium=episode_description&utm_campaign=ep67&utm_content=buyer_guide

Free Investor's Guide (house hacks, BRRRR, rentals, 1031s)
https://www.rootsrealty.co/resources/investors/indianapolis-real-estate-investor-guide?utm_source=podcast&utm_medium=episode_description&utm_campaign=ep67&utm_content=investor_guide

Book a 30-minute call with Roots
https://calendly.com/maxrealestate/30-min-info-call-roots-co-clone?utm_source=podcast&utm_medium=episode_description&utm_campaign=ep67&utm_content=book_call

Get the Roots newsletter
https://www.rootsrealty.co/newsletter?utm_source=podcast&utm_medium=episode_description&utm_campaign=ep67&utm_content=newsletter

SPONSORS
Jackson Blevins at Core Insurance Solutions: https://coreinsurancesolns.com/
Phil Nelson at Best Flooring: https://www.bestflooring.com/
Renato Lima at Approved Mortgage: https://apply.approvedmortgage.com/homehub/signup/rlima@approvedmortgage.com

Disclaimer:
This video is for educational and informational purposes only. Nothing in this video should be construed as legal, tax, or financial advice. Always consult with licensed professionals before making any real estate investment decisions.

TIMESTAMPS
0:00 - Intro
0:28 - Why Indianapolis is BOOMING
2:22 - Our Sponsor: Core Insurance Solutions
2:49 - #1: Signia by Hilton
3:54 - #2: Traction Yards
4:58 - Our Sponsor: Best Flooring
5:25 - #3: Ritz-Carlton Hotel
6:11 - #4: Fever Sports Performance Center
6:47 - #5: Cole Motor Apartments
7:16 - Our Sponsor: Approved Mortgage
7:36 - #6: Airport Westin Hotel
8:52 - What Does this Mean for Investors/Homeowners?