Frequently Asked Questions
1. What is Steele Ventures?
Answer: Steele Ventures is the DBA of IndyHaus Ventures LLC, a real estate firm based in Indianapolis. We specialize in acquiring, improving, and managing value-add single-family homes and duplexes in Indy. Our mission: build long-term wealth, create quality homes, and revitalize neighborhoods—one property at a time.
2. What types of real estate projects do you do?
Answer:
Full-scale flips – purchase off-market homes, renovate fully, then resell (e.g., Irvington Flip).
BRRRR or hold-and-refinance – buy, renovate, rent, refinance, repeat (e.g., Gladstone project).
Buy-and-hold rentals – phased updates while tenant remains (e.g., Irvington bungalow).
Subsidized rentals – renovate for VASH/Section 8 tenants (e.g., Devington property).
3. Where do you operate?
Answer: We focus exclusively on Indianapolis and surrounding neighborhoods like Irvington, East Irvington, Devington, and Mapleton‑Fall Creek .
4. What’s your investment philosophy?
Answer:
Value-add focus – we improve underperforming assets to boost equity and rent.
Tenant-first approach – we provide safe, modern, and well-maintained homes to encourage long-term tenancy.
Disciplined underwriting – conservative leverage, strong cap rates, and stable returns (e.g., Gladstone’s 75% LTV).
Community impact – we aim to revitalize neighborhoods and support residents, including veterans.
5. Who is your team?
Answer:
Ricardo Cruz – General Manager with 15 years of corporate consulting, blending Southwestern charm and Midwestern hospitality.
Andrew Gault – Tenant Relations lead and former nurse who brings care, creativity, and operational efficiency.
6. What can tenants expect?
Answer:
Thoughtful, modern renovations—clean, functional, elegant spaces .
Responsive maintenance and property management that listens and delivers.
Community-focused support—we're partners in your housing experience.
7. I’m a seller or wholesaler—how can I work with you?
Answer:
We reward $1,000 for off-market deal introductions that close successfully.
We move fast, operate transparently, and close confidently. Contact us via hello@steeleventures.org or (317) 606‑4962.
8. How do you collaborate with partners and lenders?
Answer:
We offer clear underwriting, strong track records, and conservative leverage targets (often 75% LTV).
Our projects deliver stable cash flow, demonstrated through low vacancy and reliable rents—even in subsidized housing.
Our cycle: flip profits roll into BRRRR or rentals, reducing risk and increasing scale.
9. Can I see your past or current projects?
Answer:
Browse our Investors page for in‑depth project case studies: Gladstone, East Irvington Bungalow, Irvington Flip, Devington, Mapleton‑Fall Creek.
Visit the Tenants page to see featured homes and read feedback about the living experience.
10. How can I rent a Steele Ventures home?
Answer:
Head to “See Available Rentals” on our site.
Pre‑qualify via our form to schedule a private walk‑through; availability noted by move‑in date (e.g., July 1 in Devington).
Reach out through hello@steeleventures.org or (317) 606‑4962.
11. How do you prevent scams?
Answer:
Steele Ventures will never request payments via social media or third parties.
All legitimate communication comes from our official email or website.
Please report any fraud attempts to hello@steeleventures.org.
12. How can investors get in touch?
Answer:
Email hello@steeleventures.org or call (317) 606‑4962.
We welcome conversations with potential limited partners, lenders, and JV partners committed to quality returns and community impact.