Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 11 years ago,
How best to buy 1-2 properties a month in Indy
Hi guys,
I will have $15-30k per month to invest in buy and hold rentals in the Indianapolis market over the next year. I've been here for 28 years so I know the area fairly well.
The plan is to put 20-25% down on multifamily residential properties. I do not have a full time job and can manage these just fine. I can also devote every single day to finding deals.
Where can I find the best deals on property in this market? Straight off the MLS? Wholesalers? I want to buy every single one at the 2% rule mark.
My goal is to make a six figure income with these by the end of the year. I already have about $2k net per month of passive income coming in from my other 5 units.
Any help as far as acquisition is concerned is much appreciated.