Looking for Real Estate Market Knowledge in Indiana

[Josh Levan]

Hi, I'm new to real estate investing and looking to gain some market knowledge on a few different areas in Indiana. I'm looking to target multi-family and apartment properties in areas such as South Bend, Fort Wayne, and Indianapolis. Would love to get some feedback from anyone who currently lives in these area or has investment properties there.

I'd like to start by acquiring any insight into current supply trends in these areas, as well as the demand based on occupancy for these types of properties. Are these currently good markets to begin looking into for a first time investor? Side note, I do have a lot of friends and family in these areas so I am knowledgeable of the areas and do have boots on the ground to help out where needed. But obviously looking to gain knowledge from an investment perspective. 

Thanks in advance for all the help and insight!

- Josh

[Josh Levan]

@Jen Arizmendi thanks a lot for the feedback. I also grew up in the South Bend area which is one of the reasons I am looking into it. Would love to hear more about what kind of properties your investors are getting into in the area and more specific locations. Also, what you might have available or in the pipeline. I'm surprised Mishawaka units are renting at $1000+ per month but that sounds like it has potential to create good cash flow for the area. And I have to agree, the Mishawaka and Granger areas is really starting to develop. Please DM if you are able to discuss further. Thanks!