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Updated over 4 years ago on . Most recent reply

User Stats

70
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31
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Alex Ballesteros
  • New to Real Estate
  • Los Angeles, CA
31
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70
Posts

Indianapolis Market for Beginners

Alex Ballesteros
  • New to Real Estate
  • Los Angeles, CA
Posted

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. 

Most Popular Reply

User Stats

112
Posts
64
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Wes Short
  • Real Estate Broker
  • Indianapolis, IN
64
Votes |
112
Posts
Wes Short
  • Real Estate Broker
  • Indianapolis, IN
Replied

@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.

  • Wes Short
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