Local Insight on the Indianapolis Area for a Newbie

[Manny Awasom]

Hello BP members! I am based out in California and looking to invest in the Indianapolis area. Relatively a newbie but been lurking around BP for a couple of years now ingesting all the amazing contents and reading on my own as well. Finally decided to break out of this analysis paralysis and take action! Researched several markets and ultimately decided on the Indianapolis market after taking into consideration the population growth, income growth, crime rate trends and entry price for the properties I am looking for. I am hoping to build a team in the Indianapolis area and hoping to get some feedback/recommendation from you all.

My criteria at this time is 2-3 bdr, 1.5+ bath fixer-upper small multi-units (2-4 units) in a B neighborhood or up-and-coming C neighborhood with a primary focus on cashflow. I appreciate any feedback, insights or recommendations you may have especially what neighborhoods to focus on. Looking forward to connect with other investors in the area as well. Please feel free to PM for any recommendations. 

Thank you in advance for your time.

[Jessica Edwards]

@Manny Awasom I am brand new to BP and investing myself, but I lived in Indianapolis the last 20+ years. If you have any questions on neighborhoods etc, i’m more than happy to help.