BAF Corporation is Voted ‘Best of 2022 Indianapolis’ General Contractors

BAF Corporation is proud to announce that we have been given the ‘Best of 2022 Indianapolis” award for general contractors from the Indianapolis Awards Program! Continue below to learn more about the Indianapolis Awards Program, and how BAF Corporation was selected for this prestigious honor this year!

BAF Corporation - 'Best of 2022 Indianapolis'
BAF Corporation – ‘Best of 2022 Indianapolis’

The Annual Indianapolis Awards Program

The Indianapolis Awards Program is an important annual program that spotlights the achievements, contributions, and best practice commitments of local Indy businesses and organizations. Through prominent public recognition and enthusiastic support, the Indianapolis Awards Program rewards businesses and organizations that have demonstrated a significant effort to create programs that deliver economical advantages and lasting value for their staffs, clients, and surrounding communities. Specially, they assert:

“Each year, the Indianapolis Award Program identifies companies that we believe have achieved exceptional marketing success in their local community and business category. These are local companies that enhance the positive image of small business through service to their customers and our community. These exceptional companies help make the Indianapolis area a great place to live, work and play.

The Indianapolis Award Program was established to recognize the best of local businesses in our community. (…) Our mission is to recognize the small business community’s contributions to the U.S. economy.”

The Indianapolis awards program

Here at BAF Corporation, we are so honored and proud to be the recipient of this special award under the General Contractors category!

A Family Owned General Contracting Business Devoted to the Indy Communities

At BAF Corporation, we are a local, family owned and operated commercial general contracting company founded on old-fashioned values of integrity, quality, and respect. Since 1997, we have been committed to the highest standards of excellence, aiming to set the bar higher in the building and construction industry. As is our fervent creed to deliver unparalleled service, so is our desire to make our community a priority.

Impact 100 Indianapolis Indiana
Impact 100 Greater Indianapolis

We have been active members of Impact 100 Greater Indianapolis for many years, which is an esteemed charitable women’s philanthropic committee devoted to granting high impact donations and contributions to nonprofit organizations and initiatives within our community, with a special focus on education, family, arts, environment and animal welfare, culture and preservation, and health and wellness. BAF Corporation owner and President, Barb Fleming, was once the President of the Board.

She also used to serve as the owner’s representative for Girls Inc. and is currently a board member of Outside the Box, which is an Indianapolis-based organization that works with young adults with developmental disabilities.

In the past, BAF Corporation has enjoyed working with the Village of Merici, a revered Fort Ben neighborhood for adults with developmental disabilities, and the Dove Recovery House, a rehabilitation program for women recovering from addiction.

Our Professional Achievements

In 2018, Owner and President, Barb Fleming, was featured in Indianapolis Business Journal in the 2018 Women of Influence segment. This article spotlighted her achievements as a successful, self-made Indiana businesswoman, describing how she founded a commercial construction company that has shown exponential growth since inception in 1997. Additionally, we are a Certified Minority and Women’s Minority Business Enterprise (WBE) Company with the city of Indianapolis and the state of Indiana.

BAF Corporation Commercial Construction Contractors Indianapolis
BAF Corporation Commercial Construction Contractors Indianapolis

Learn More About Our Commercial General Contracting Services

Here at BAF Corporation, our mission is simple: to deliver superior general contracting and construction services for commercial and industrial clients in Central Indiana. All aspects of our company, from the staff we hire to our internal safety codes, systems, and procedures, have been carefully selected and developed to meet the specific needs of our clients and the surrounding communities.

If you are looking for a trusted and respectable commercial general contracting company to perform your business remodeling or real estate development projects in Indiana, we can make your vision a reality. Contact us at 317-253-0531 to learn more about our commercial and industrial general contracting and construction management services in Indianapolis, Indiana, today.

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Indianapolis Commercial General Contracting and Design Build Services
Contact Us Today 317-253-0531

How to Determine Commercial Real Estate ROI

As a commercial real estate investor, your top priority is to turn a profit. So, it is no surprise that after capitalizing on a new investment property, your first question is about your return on investment (ROI). Although you cannot accurately predict the future in any type of business scenario, Investopedia.com provides a very simple and basic formula to calculate ROI on an investment property.

Continue reading to learn how to use this formula to determine commercial real estate return on investment, and who to call for Indiana commercial construction and general contracting services you can trust.

Indianapolis Indiana Commercial Construction and Remodeling 317-253-0531
Indianapolis Indiana Commercial Construction and Remodeling 317-253-0531

Calculating Investment Property ROI

According to Investopedia.com, you can find your return on investment by using this uncomplicated formula:

ROI = (INVESTMENT PROFIT – INVESTMENT COST)/INVESTMENT COST
Return on investment = investment profit minus investment costs, divided by investment cost.

Keep in mind that this calculation is not as straightforward as it appears. There are several other variables involved that ultimately generate these numbers, such as interest borrowed, financing details, facility maintenance, renovations, repairs, and similar expenditures. Investopedia.com maintains that in most cases, lower investment costs tend to render higher ROI’s, however, financing terms can also play a role in improving one’s return on investment. For this reason, it is vital that you do your due diligence as a commercial proprietor or real estate developer and find the best possible interest rates.

ROI Calculation Approaches

There are two best practices for calculating ROI. The first approach is referred to as the cost method. The second approach is referred to the out-of-pocket method.

COST METHOD – Using this method, you would divide your equity by the total investment cost, including procurement, renovations, and maintenance. For instance, if you purchase a property for $200,000, then spend an additional $100,000 on renovations, and as a result your investment properties value increases to $400,000, your equity position as an investor would be $100,000.

400,000 – (200,000 + 100,000) = $100,000
ROI would be .33%, which you get by dividing $100,000 by $300,000.

OUT-OF-POCKET METHOD – Most real estate developers use the out-of-pocket method to calculate ROI. If you use a loan to pay for the down payment of your investment property, it can render higher return on investment results under this cost approach. Using the same example as above, here is how ROI would look with a $40,000 out-of-pocket loan for a down payment:

$40,000 Loan + $100,000 Renovation = $140,000
$400,000 – $140,000 = $260,000 Investor Equity

ROI would be .65%, which is more than double the cost method.

As a commercial real estate developer or proprietor, you will mainly focus on the internal rate of return (IRR) for your property, which is basically your property’s cash flow and equity put together. Talk to in Indianapolis Indiana commercial general contractor for personalized advice on how to get the highest return on investment through strategic design build and commercial renovations.

Are you ready to speak with a specialized Indiana commercial contracting company about increasing your property’s value? Contact BAF Corporation at 317-253-0531 for trusted commercial construction remodeling in Indianapolis Indiana.

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Indianapolis Commercial General Contracting and Design Build Services
Contact Us Today 317-253-0531