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Updated 3 months ago on . Most recent reply

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Sanjay Singh
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Thoughts about Indianapolis

Sanjay Singh
Posted

Hi Everyone,

I’m a NJ resident and just starting my real estate investment journey. I’m considering Indianapolis as a potential market. Like most cities, I understand there are areas to avoid, but I’ve noticed that many houses there are within my budget and seem to be in decent shape.

I’d love to hear your thoughts or advice about investing in Indianapolis.

Thanks!

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Bill Hampton
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
879
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Bill Hampton
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
Replied

@Sanjay Singh

Welcome to Bigger Pockets. Bigger Pockets is a great place for education and networking. 

I don't recommend investing out of state for your first property. Find something in state or the next state over that is in driving distance. 

Out of state investing involves too many moving parts. Finding an agent, finding contractors, overseeing repairs, finding a property manager, finding tenants, etc.

Doing this in person is difficult your first time. Doing all this remotely is even harder. 

Good luck investing. 

  • Bill Hampton
  • 404-482-3170
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Hampton Tax and Financial Services, LLC.
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