This week’s episode features Alec Neu and John Hornbuckle of NEU Real Estate Group. This development company is reshaping the multifamily landscape in downtown Indianapolis for having built and sold nearly 200 new-construction duplexes and quadplexes in just two and a half years, and now setting their sights on Fort Wayne and Muncie.

They pull back the curtain on how NEU identified a massive gap in Indianapolis's housing inventory, a city starved of new multifamily products for decades, and built an entire business around filling it. This conversation also goes deep on Indianapolis's workforce housing crisis, the rise of mid-term rentals as a smarter strategy for investors, what today's tenants actually expect compared to five years ago, and what it takes to work hand in hand with city governments to solve housing shortages at scale.

EPISODE HIGHLIGHTS:

• How NEU Real Estate Group has built and sold nearly 200 new-construction duplexes and quadplexes since 2022.

• Why Indianapolis has been starved of new multifamily inventory for decades and why that created an enormous opportunity.

• The three core metrics Neu uses before acquiring any land parcel.

• How they evaluate 50 to 100 properties a week to buy two to three land parcels.

• Why Indianapolis offers investors both cash flow and appreciation.

• The workforce housing crisis facing Indianapolis and surrounding markets.

• Expanding into Fort Wayne and partnering directly with the city of Muncie on free land.

• The rise of mid-term rentals and why it bridges the gap between short-term headaches and long-term stagnation.

• How tenant expectations for finishes and quality have completely shifted since 2018.

• The creative leasing tech and no-show fees Intrigue uses to reduce friction and fill units faster.

• What it really takes to work with city governments (the red tape, the inspectors, and the rewards).

• Why Indianapolis is still undervalued — and what $28 billion in economic development means for the future.

Make sure you’re locked in for next week’s episode! We’re keeping the momentum going with more insights, real stories, and strategies to help you build your real estate business. Hit subscribe, tap the notification bell, and don’t miss what’s coming next.

The Circle's Founder (Ryan Rominger) and Director of Operations (Stuart Smith) discuss what’s happening in the world of Real Estate Investing, Property Management, and running a small business based in Indianapolis. The show focuses on the Central Indiana real estate market, but also explores beyond the Hoosier state to gain intriguing insights in the world of business and real estate investing. We interview our favorite influential people from across Central Indiana (and beyond) to learn from the people having the biggest impact on our market.

Do you have any questions, suggestions, or simply want to reach out? Contact us through this email address:

Gmail = circleinvestorpod@gmail.com

Follow us on all of our socials:

Facebook = www.facebook.com/thecircleinvestor/

Instagram = www.instagram.com/thecircleinvestor/

You can also check our our website for more information:

Website = www.intriguepm.com

Upcoming Investor Meetups = www.intriguepm.com/thecircleindy

This course breaks down the financing landscape for real estate investors. We explained conventional loans, DSCR loans, hard money and private money lending so you can understand not just how each one works, but which one fits your strategy.

You'll learn how financing structure directly impacts your cash flow, what lenders are really charging beyond the interest rate, and how to match the right loan type to the right deal before you ever make an offer.

Whether you're buying your first investment property or looking to scale, understanding your financing options is one of the most important foundations you can build.

COURSE HIGHLIGHTS:

• Why the wrong financing structure can sink an otherwise good deal.
• How conventional loans work and who they're best suited for.
• What a DSCR loan is and why it's a go-to option for investors without W2 income.
• Explaining why hard money loans make sense and highlighting points to watch out for.
• How private money works and why it can be one of the most flexible tools in your arsenal.
• Matching the right loan type to your strategy: buy and hold, flip, or BRRRR.
• The list of hidden costs most investors miss.
• How to get pre-approved and what proof of financing actually looks like to a seller.

Make sure you’re locked in for next week’s episode! We’re keeping the momentum going with more insights, real stories, and strategies to help you build your real estate business. Hit subscribe, tap the notification bell, and don’t miss what’s coming next.

The Circle's Founder (Ryan Rominger) and Director of Operations (Stuart Smith) delivers practical, structured, and experience-driven insights designed to help aspiring or seasoned investors and other real estate participants to thrive in this industry. This series of training courses focuses on real estate investing, property management, and small business operations. While grounded in the Central Indiana real estate market, the principles shared extend beyond the Hoosier state, staying true to the goal of equipping listeners and learners with actionable guidance and real-world insights they can apply immediately.

Indianapolis Investor Map:

https://earth.google.com/web/@39.82822064,-86.23642807,244.55852422a,143828.53126734d,35y,0h,0t,0r/data=CgRCAggBMikKJwolCiExMXo0Um9JalJtZk5IOHVYd0dvTXpDZ1hlNDZJbDRIU20gAjoDCgEwQgIIAEoICNqbm6sBEAE?_pxl=djoxLGM6YmZjZGJhMzg2MTY0MzAsYTox&authuser=0

Do you have any questions, suggestions, or simply want to reach out? Contact us through this email address:

Gmail = circleinvestorpod@gmail.com

Follow us on all of our socials:

Facebook = www.facebook.com/thecircleinvestor/

Instagram = www.instagram.com/thecircleinvestor/

You can also check our our website for more information:

Website = www.intriguepm.com
Upcoming Investor Meetups = www.intriguepm.com/thecircleindy

Episode 25 of The Circle Investor Podcast features Ryan Boyd, Indianapolis real estate agent, investor, and world traveler, sharing how he built a career in real estate by finding his niche early, leveraging his own investment experience to attract clients, and developing a reputation as one of the sharpest listing agents and renovation advisors in the Indianapolis market.

He opens up on how he stumbled into real estate investing before ever becoming an agent (by using a BRRRR deal on Bigger Pockets to jumpstart an entire client base). From working with out-of-state investors because he looked too young to sell houses, to now leading a team and offering a unique renovation-plus-listing service, Ryan's journey is one of constantly evolving and doubling down on what works.

EPISODE HIGHLIGHTS:

• How Ryan grew up traveling the US in a van and where his love of travel really started.

• The travel hacks, credit card stacks, and point strategies that fund his trips around the world.

• How he used a BRRRR deal and Bigger Pockets to build his first investor clientele.

• Why he started by working with out-of-state investors.

• The renovation-plus-listing service that sets him apart from other agents in the market.

• Why knowing your buyer market by neighborhood is the difference between selling fast and sitting.

• How to navigate sellers who won't take your advice (and when to let go).

• The value of in-person networking over online recommendations as your career grows.

• Why social media success and business success follow the exact same playbook.

• Bali, Dubai, the Seychelles, and the Emirates business class flight for two that cost $500.

• Property management horror stories (including one that got very hairy very fast).

Make sure you’re locked in for next week’s episode! We’re keeping the momentum going with more insights, real stories, and strategies to help you build your real estate business. Hit subscribe, tap the notification bell, and don’t miss what’s coming next.

The Circle's Founder (Ryan Rominger) and Director of Operations (Stuart Smith) discuss what’s happening in the world of Real Estate Investing, Property Management, and running a small business based in Indianapolis. The show focuses on the Central Indiana real estate market, but also explores beyond the Hoosier state to gain intriguing insights in the world of business and real estate investing. We interview our favorite influential people from across Central Indiana (and beyond) to learn from the people having the biggest impact on our market.

Do you have any questions, suggestions, or simply want to reach out? Contact us through this email address:

Gmail = circleinvestorpod@gmail.com

Follow us on all of our socials:

Facebook = www.facebook.com/thecircleinvestor/

Instagram = www.instagram.com/thecircleinvestor/

You can also check our our website for more information:

Website = www.intriguepm.com

Upcoming Investor Meetups = www.intriguepm.com/thecircleindy

Most investors think negotiation is just about getting the lowest price. No, the real leverage is in the terms.

This course breaks down the full landscape of real estate transaction negotiation, from structuring credits and managing due diligence periods to understanding days on market and writing offers that sellers actually take seriously. You'll learn how to approach both sides of the deal with strategy, so you can protect your margins, reduce your risk, and win better terms whether you're buying or selling.

Whether you're an investor looking to sharpen your edge or a first-time buyer trying to navigate your first transaction, this course gives you the practical tools to negotiate smarter (not harder).

COURSE HIGHLIGHTS:

• Why negotiation is about far more than just the purchase price.

• How to use credits strategically to improve your out-of-pocket position.

• The power of days on market and how to read seller motivation.

• How to structure an offer that stands out without overreaching on terms.

• What "a clean offer" means and when to use it as leverage.

• Due diligence strategy and how to avoid terms that disqualify you before you start.

• Common negotiation mistakes that kill deals (and how to avoid them).

• Why discipline and staying out of emotion is your biggest negotiating advantage.

Make sure you’re locked in for next week’s episode! We’re keeping the momentum going with more insights, real stories, and strategies to help you build your real estate business. Hit subscribe, tap the notification bell, and don’t miss what’s coming next.

The Circle's Founder (Ryan Rominger) and Director of Operations (Stuart Smith) delivers practical, structured, and experience-driven insights designed to help aspiring or seasoned investors and other real estate participants to thrive in this industry. This series of training courses focuses on real estate investing, property management, and small business operations. While grounded in the Central Indiana real estate market, the principles shared extend beyond the Hoosier state, staying true to the goal of equipping listeners and learners with actionable guidance and real-world insights they can apply immediately.

Indianapolis Investor Map:

https://earth.google.com/web/@39.82822064,-86.23642807,244.55852422a,143828.53126734d,35y,0h,0t,0r/data=CgRCAggBMikKJwolCiExMXo0Um9JalJtZk5IOHVYd0dvTXpDZ1hlNDZJbDRIU20gAjoDCgEwQgIIAEoICNqbm6sBEAE?_pxl=djoxLGM6YmZjZGJhMzg2MTY0MzAsYTox&authuser=0

Do you have any questions, suggestions, or simply want to reach out? Contact us through this email address:

Gmail = circleinvestorpod@gmail.com

Follow us on all of our socials:

Facebook = www.facebook.com/thecircleinvestor/

Instagram = www.instagram.com/thecircleinvestor/

You can also check our our website for more information:

Website = www.intriguepm.com

Upcoming Investor Meetups = www.intriguepm.com/thecircleindy

Episode 24 of The Circle Investor Podcast features Bo Turner, entrepreneur and founder of Find Fun Indie and Find Indianapolis, sharing how she turned a passion for community and real-life connection into a thriving events business.

She opens up about leaving her marketing agency behind, discovering a single’s event concept in Los Angeles, and betting on herself to build something Indianapolis had never seen before.

But, the conversation goes deeper than events and fun-filled activities. She touched on the growing need for in-person connection in a post-Covid world, the stigma of meeting people outside of apps, and what it looks like to build a community-driven business by simply creating the experiences you wish already existed.

EPISODE HIGHLIGHTS:

• How Bo went from running a marketing agency to launching a full-time events business.

• The LA singles event that inspired her to bring speed dating to Indianapolis.

• What Find Fun Indie and Find Indianapolis are (and how they're different).

• Why Indianapolis is 1 to 2 years behind the coasts on social trends.

• The stigma around in-person dating events and how she's working to change it.

• The rationale behind Nerd Nights.

• The food truck park she built in Terre Haute, what went wrong, and what it taught her.

• Why her sweet spot for events is 50 to 200 people (and why she stopped chasing scale).

• How Indianapolis is quietly becoming a city of real opportunity for entrepreneurs willing to show up.

Make sure you’re locked in for next week’s episode! We’re keeping the momentum going with more insights, real stories, and strategies to help you build your real estate business. Hit subscribe, tap the notification bell, and don’t miss what’s coming next.

The Circle's Founder (Ryan Rominger) and Director of Operations (Stuart Smith) discuss what’s happening in the world of Real Estate Investing, Property Management, and running a small business based in Indianapolis. The show focuses on the Central Indiana real estate market, but also explores beyond the Hoosier state to gain intriguing insights in the world of business and real estate investing. We interview our favorite influential people from across Central Indiana (and beyond) to learn from the people having the biggest impact on our market.

Do you have any questions, suggestions, or simply want to reach out? Contact us through this email address:

Gmail = circleinvestorpod@gmail.com

Follow us on all of our socials:

Facebook = www.facebook.com/thecircleinvestor/

Instagram = www.instagram.com/thecircleinvestor/

You can also check our our website for more information:

Website = www.intriguepm.com

Upcoming Investor Meetups = www.intriguepm.com/thecircleindy

This week’s episode of The Circle Investor Podcast features Eli Stoner, Central Indiana real estate investor and newly licensed agent, sharing how he built a thriving fix-and-flip business with nothing but a few cold calls in his college dorm room. Through grit, hands-on construction experience, and smart systems, he was able to grow it up to 50 flips.

He then opens up about the early losses that forced him to level up, how getting his real estate license became the next tool in his belt, and why understanding both the investor and retail sides of a deal makes him a sharper agent for his clients.

This conversation also dives deep into the wholesale world. From the good, the bad, and to the gray areas, exploring the ethical questions around representation, regulation, and how savvy investors can protect themselves from bad deals.

EPISODE HIGHLIGHTS:

• Why swinging the hammer himself gave him an edge that no course could teach.

• How he scaled to 50+ flips by building reliable crews, systems, and processes.

• The decision to get his real estate license and what it adds to his investor toolkit.

• Wholesaling vs. becoming a licensed agent

• The ethical debate around wholesale practices and what sellers often don't know.

• Why understanding both investors and retail buyers makes you a better agent.

• How Eli balances running an active flip business while building his agent clientele.

• The power of social media for building brand authority and generating leads.

• Advice for new investors: education, mentorship, and knowing your goals first.

• Why your first few deals need to be grounded on education, not perfection

Make sure you’re locked in for next week’s episode! We’re keeping the momentum going with more insights, real stories, and strategies to help you build your real estate business. Hit subscribe, tap the notification bell, and don’t miss what’s coming next.

The Circle's Founder (Ryan Rominger) and Director of Operations (Stuart Smith) discuss what’s happening in the world of Real Estate Investing, Property Management, and running a small business based in Indianapolis. The show focuses on the Central Indiana real estate market, but also explores beyond the Hoosier state to gain intriguing insights in the world of business and real estate investing. We interview our favorite influential people from across Central Indiana (and beyond) to learn from the people having the biggest impact on our market.

Do you have any questions, suggestions, or simply want to reach out? Contact us through this email address:

Gmail = circleinvestorpod@gmail.com

Follow us on all of our socials:

Facebook = www.facebook.com/thecircleinvestor/

Instagram = www.instagram.com/thecircleinvestor/

You can also check our our website for more information:

Website = www.intriguepm.com

Upcoming Investor Meetups = www.intriguepm.com/thecircleindy

Episode 22 of The Circle Investor Podcast features Grant Reigner, real estate investor, entrepreneur, and owner of Peak 3 Properties, sharing how he built a scalable real estate business by combining operational experience, strategic partnerships, and a focus on long-term lifestyle design.

He shares how he went from a single-family rental to scaling into duplexes, and ultimately making the leap into commercial multifamily, including closing on a 41-unit apartment complex through creative deal structuring and partnerships.

This conversation also explores a deeper theme: how experience eliminates fear and unlocks opportunity. He also emphasizes the importance of team building in commercial real estate, showing how the right partnerships not only improve returns, but make the journey more sustainable and fulfilling.

EPISODE HIGHLIGHTS:

• Grant’s transition from tech and construction into real estate investing.

• How early hands-on experience gave him an edge in evaluating deals.

• Why fear in real estate often comes from lack of knowledge.

• Turning a single-family rental into a scalable investment strategy.

• The shift from residential to commercial multifamily investing.

• How Grant closed on a 41-unit apartment complex using creative financing.

• Breaking down seller financing and reducing capital needed to close.

• Why every commercial deal requires a strong, aligned team.

• How to structure partnerships and equity in multifamily deals.

• The importance of networking and mastermind groups for growth.

• Why chasing lifestyle and freedom can be more powerful than chasing money.

• How collaboration and community can transform the real estate experience.

Make sure you’re locked in for next week’s episode! We’re keeping the momentum going with more insights, real stories, and strategies to help you build your real estate business. Hit subscribe, tap the notification bell, and don’t miss what’s coming next.

The Circle's Founder (Ryan Rominger) and Director of Operations (Stuart Smith) discuss what’s happening in the world of Real Estate Investing, Property Management, and running a small business based in Indianapolis. The show focuses on the Central Indiana real estate market, but also explores beyond the Hoosier state to gain intriguing insights in the world of business and real estate investing. We interview our favorite influential people from across Central Indiana (and beyond) to learn from the people having the biggest impact on our market.

Do you have any questions, suggestions, or simply want to reach out? Contact us through this email address:

Gmail = circleinvestorpod@gmail.com

Follow us on all of our socials:

Facebook = www.facebook.com/thecircleinvestor/

Instagram = www.instagram.com/thecircleinvestor/

You can also check our our website for more information:

Website = www.intriguepm.com

Upcoming Investor Meetups = www.intriguepm.com/thecircleindy

Episode 21 of The Circle Investor Podcast features Steph Weber, entrepreneur, branding expert, and short-term rental investor, sharing her journey of building multiple businesses while designing a life centered around freedom, family, and intentional living.

From starting as a fashion and travel influencer to founding a branding and marketing agency, Steph walks through the pivots that shaped her career and ultimately led her into the world of short-term rentals. She opens up about scaling a co-hosting business to six figures within a year, launching a cabin development project in Kentucky, and building a brand in a competitive and evolving market.

This conversation also dives into a bigger question: what are you really building your business for? Steph shares the mindset shift that led her and her family to pursue a year of nomadic living, eventually trading routine for adventure and redefining success beyond revenue goals.

EPISODE HIGHLIGHTS:

• Steph’s transition from influencer to branding agency owner and entrepreneur.

• How she scaled a short-term rental co-hosting business to six figures in 12 months.

• The story behind launching a multi-cabin development project in Kentucky.

• Lessons from taking action without having all the answers in real estate investing.

• Why guest experience is the key to standing out in the short-term rental market.

• How design, branding, and amenities directly impact revenue and bookings.

• The realities of managing short-term rentals and becoming a top-performing property.

• Shifting from chasing revenue goals to building a lifestyle-driven business.

• Why Steph and her family chose to pursue a year of nomadic living.

• Balancing entrepreneurship, family life, and long-term vision.

Make sure you’re locked in for next week’s episode! We’re keeping the momentum going with more insights, real stories, and strategies to help you build your real estate business. Hit subscribe, tap the notification bell, and don’t miss what’s coming next.

The Circle's Founder (Ryan Rominger) and Director of Operations (Stuart Smith) discuss what’s happening in the world of Real Estate Investing, Property Management, and running a small business based in Indianapolis. The show focuses on the Central Indiana real estate market, but also explores beyond the Hoosier state to gain intriguing insights in the world of business and real estate investing. We interview our favorite influential people from across Central Indiana (and beyond) to learn from the people having the biggest impact on our market.

Do you have any questions, suggestions, or simply want to reach out? Contact us through this email address:

Gmail = circleinvestorpod@gmail.com

Follow us on all of our socials:

Facebook = www.facebook.com/thecircleinvestor/

Instagram = www.instagram.com/thecircleinvestor/

You can also check our our website for more information:

Website = www.intriguepm.com

Upcoming Investor Meetups = www.intriguepm.com/thecircleindy