236: Building a Real Estate Business with Pete Barrow

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Pete Barrow

Pete Barrow, along with his sons Sam and Isaac, founded Parrot Property Group, a family-owned business based in Indianapolis. They focus on providing the reliability and responsiveness that you need in order to make your real estate investment a success. Parrot Property Group has a team of 5 members with approximately 80 years of combined experience in construction and real estate investing.

Parrot Property Group provides a full-service solution for real estate investors in Indianapolis. From acquisitions consulting to leasing and property management, they do it all.

Key Points

  1. Making real estate investing a family business
  2. Buying a package of duplexes with an investor
  3. Seeking out a real estate market – what to look for
  4. Branding and marketing
  5. Direct mail campaigns to motivated sellers

Lightning Questions

  1. What was your biggest hurdle getting started in real estate investing, and how did you overcome it?
    • Lack of money. With a long-time customer who was willing to put up capital on that package of duplexes, Parrot Property Group was born.
  2. Do you have a personal habit that contributes to your success?
    • Pete and everyone in the business enjoy working.
  3. Do you have an online resource that you find valuable?
    • Pete enjoys podcasts and leans on YouTube for many of his projects
  4. What book would you recommend to the listeners and why?
  5. If you were to give advice to your 20-year-old self to get started in real estate investing, what would it be?
    • Don’t follow your dream unless it makes sense.

Resources

Parrot Property Group

Pete Barrow’s BiggerPockets Profile

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