Indianapolis Market for Beginners

[Alex Ballesteros]

I’ve heard from different people in podcasts & forums that the market in Indianapolis is a popular place for beginning investors. 

Does anyone have any input here? Or any personal experiences you want to share? 

I am a brand new investor looking to make my first purchase within the next 6-12 months. I’m looking at out-of-state multi family deals in Indianapolis. 

[Wes Short]

@Alex Ballesteros hey Alex, very true a lot of people from the coasts have found indy attractive for a wide variety of reasons.

Cheaper than coastal markets, better cash flow, you get less appreciation but more stability depending on the property. Also, indy has seen a 9% rental growth in past year so that is a good indication as well!

I work in 5-50 unit multi range as a broker and would love to chat more if your interested.