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Updated over 6 years ago on . Most recent reply

Karim Z.'s profile image
Karim Z.'s profile image
Karim Z.
  • Rental Property Investor
  • from Reston, VA
  • Member since Dec 1, 2016
  • Posts 41
  • Votes 13
  • Experience 18 Yrs
  • Investments 1
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Karim Z.'s profile image
Karim Z.'s profile image
Karim Z.
  • Rental Property Investor
  • from Reston, VA
  • Member since Dec 1, 2016
  • Posts 41
  • Votes 13
  • Experience 18 Yrs
  • Investments 1
Connect
Karim Z.
  • Rental Property Investor
  • Reston, VA
13
Votes |
41
Posts
Buying & Selling Real Estate

Is this a good area for a buy and hold in Indianapolis (46201)

Karim Z.
  • Rental Property Investor
  • Reston, VA
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Aaron Cullen's profile image
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Aaron Cullen
  • Real Estate Broker
  • from Portland, OR
  • Member since Aug 8, 2015
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Aaron Cullen's profile image
Aaron Cullen's profile image
Aaron Cullen
  • Real Estate Broker
  • from Portland, OR
  • Member since Aug 8, 2015
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Aaron Cullen
  • Real Estate Broker
  • Portland, OR
98
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201
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Aaron Cullen
  • Real Estate Broker
  • Portland, OR
Replied

@Karim Z. for the most part NO it is not. Tuxedo Park is very undesirable. If you are not familiar with Indy I wouldn't buy in that area you circled. 

I would buy to the east of the circle but not in that circle. The returns probably look great on paper but you will be lucky to break even. Speaking from experience, I own 2 properties in that area.

  • Aaron Cullen
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