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Updated almost 5 years ago on . Most recent reply
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Indianapolis vs. Detroit vs. St. Louis - Where should I invest?
So I'll start by saying I've done some research on home costs, rent prices, employment #s, etc so I'm not starting completely from scratch. Indy, Detroit, and St. Louis all provide me similar low barrier to entry pricing but each have their own flaws.
What I'm looking for is feedback from those who are currently in these markets and what they like about the upside for these prospects. I will be trying to tour these cities in the coming months before making a final decision but anecdotal insights provide a much more colorful perspective for me to start sinking my teeth into.
Thanks!
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@Patrick Nissim This is an easy one. Indianapolis hands down. Unlike Detroit or St Louis, Indianapolis has a growing population, growing jobs and a modern, diverse economy and industries. The key is buying in the right neighborhoods. We've been active in Indy for several years. I'd be happy to share my insights and help if you'd like.