Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago on . Most recent reply

User Stats

111
Posts
17
Votes
Shiv Jey
  • Seattle, WA
17
Votes |
111
Posts

Building an Indianapolis Team...but are the deals there?

Shiv Jey
  • Seattle, WA
Posted

Hi all!

I've ben investing in Cleveland-area and Alabama. There, I'm finding many opportunities for SFR's and small MFR where I can achieve 10%+ COC returns via primarily a buy and hold strategy, small rehabs if needed.

Alabama is nice but the deals don't run like water.  Cleveland is nice but holy batman those taxes!  I've heard great things about Indianapolis so I'm looking there now!

My question is...have I already missed the boat?  I worry that purchasing now would be a minimal cash flow pure appreciation play.  Are there still 10%+ deals still out there?  In Cleveland area, even the B-/C+ grades, it's not hard to find.  I love that!  I'd love that same climate elsewhere.  If indianapolis is over, where would you recommend?  I've sent team members to check out KC and Memphis so those are covered.

Thanks!

Most Popular Reply

User Stats

438
Posts
293
Votes
Andy Rumple
  • Wholesaler and Real Estate Broker
  • Indianapolis, IN
293
Votes |
438
Posts
Andy Rumple
  • Wholesaler and Real Estate Broker
  • Indianapolis, IN
Replied

The deals all went to Anderson IN but are scheduled to return

on April 16th.

Loading replies...