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Updated about 3 years ago, 09/10/2021

User Stats

1,026
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752
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Justin Goodin
  • Investor
  • Indianapolis, IN
752
Votes |
1,026
Posts

Indianapolis Market Stats

Justin Goodin
  • Investor
  • Indianapolis, IN
Posted

I came across some these awesome market stats for Indianapolis and thought I would share. Indy is a market that has been under the radar for the last 5 or so years but is gaining a lot of attention from institutional and out of state investors (for many reasons!). 

What are some other emerging markets you are targeting?

User Stats

16
Posts
6
Votes
Christian Rangel
  • Rental Property Investor
  • Beaumont, CA
6
Votes |
16
Posts
Christian Rangel
  • Rental Property Investor
  • Beaumont, CA
Replied

Thats great info, Im looking at Little Rock, and Louisville. Starting to collect info.

User Stats

1,026
Posts
752
Votes
Justin Goodin
  • Investor
  • Indianapolis, IN
752
Votes |
1,026
Posts
Justin Goodin
  • Investor
  • Indianapolis, IN
Replied
Originally posted by @Christian Rangel:

Thats great info, Im looking at Little Rock, and Louisville. Starting to collect info.

Louisville is a decent market as well. I’m confident we will find something there really soon. 

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User Stats

1,876
Posts
1,718
Votes
Bonnie Low
Pro Member
#1 Medium-Term Rentals Contributor
  • Investor
  • Cottonwood, CA
1,718
Votes |
1,876
Posts
Bonnie Low
Pro Member
#1 Medium-Term Rentals Contributor
  • Investor
  • Cottonwood, CA
Replied

Thanks for sharing this, @Justin Goodin. Can you share the source? Some of the text is so small it's hard to read and I'm very interested in this. Thanks!

  • Bonnie Low
  • User Stats

    1,026
    Posts
    752
    Votes
    Justin Goodin
    • Investor
    • Indianapolis, IN
    752
    Votes |
    1,026
    Posts
    Justin Goodin
    • Investor
    • Indianapolis, IN
    Replied
    Originally posted by @Bonnie Low:

    Thanks for sharing this, @Justin Goodin. Can you share the source? Some of the text is so small it's hard to read and I'm very interested in this. Thanks!

    Cushman and Wakefield 

    User Stats

    16
    Posts
    6
    Votes
    Christian Rangel
    • Rental Property Investor
    • Beaumont, CA
    6
    Votes |
    16
    Posts
    Christian Rangel
    • Rental Property Investor
    • Beaumont, CA
    Replied
    Originally posted by @Christian Rangel:

    Thats great info, Im looking at Little Rock, and Louisville. Starting to collect info.

    Yes I bet, what are you looking for, Im looking multifamily commercial.

    User Stats

    1,190
    Posts
    586
    Votes
    Nick Giulioni
    Pro Member
    • Rental Property Investor
    • Carmel, IN
    586
    Votes |
    1,190
    Posts
    Nick Giulioni
    Pro Member
    • Rental Property Investor
    • Carmel, IN
    Replied

    Great info you got here Justin! I started my real estate journey here in Indy. Would love to chat and exchange info more if you're interested

  • Nick Giulioni
  • User Stats

    1,221
    Posts
    689
    Votes
    Jeffrey Donis
    • Investor
    • Durham, NC
    689
    Votes |
    1,221
    Posts
    Jeffrey Donis
    • Investor
    • Durham, NC
    Replied

    Very interesting! Thanks for sharing. 

    User Stats

    1,026
    Posts
    752
    Votes
    Justin Goodin
    • Investor
    • Indianapolis, IN
    752
    Votes |
    1,026
    Posts
    Justin Goodin
    • Investor
    • Indianapolis, IN
    Replied
    Originally posted by @Nick Giulioni:

    Great info you got here Justin! I started my real estate journey here in Indy. Would love to chat and exchange info more if you're interested

     We are friends on FB 👍👍

    User Stats

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    1,073
    Votes
    Kerry Noble Jr
    Pro Member
    • Investor
    • Indianapolis, IN
    1,073
    Votes |
    2,581
    Posts
    Kerry Noble Jr
    Pro Member
    • Investor
    • Indianapolis, IN
    Replied

    Definitely gotta add Cummings to that list of huge companies in Indy/central indiana

  • Kerry Noble Jr
  • User Stats

    4,856
    Posts
    3,021
    Votes
    Mike D'Arrigo
    Pro Member
    • Turn key provider
    • San Jose, CA
    3,021
    Votes |
    4,856
    Posts
    Mike D'Arrigo
    Pro Member
    • Turn key provider
    • San Jose, CA
    Replied

    @Justin Goodin I agree. Indianapolis is a great market not just because it cash flows well but it has strong economic/demographic trends such as a growing population, growing jobs, a modern economy with a diverse employment base. We've been active in Indy for 10 years now. I have to disagree that it is under the radar though. I think most investors have discovered it's potential. We're expanding in to the Quad Cities which I think is truly under the radar. The Quad Cities is a medium sized marked with affordable prices and strong cash on cash returns. The Iowa side is best due to lower property taxes, business friendly climate and more landlord friendly. 

  • Mike D'Arrigo
  • User Stats

    42
    Posts
    24
    Votes
    Cullen W Jones
    • Real Estate Agent
    • Indianapolis, IN
    24
    Votes |
    42
    Posts
    Cullen W Jones
    • Real Estate Agent
    • Indianapolis, IN
    Replied

    Thanks for sharing!

    User Stats

    1
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    1
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    Replied

    Thanks for sharing. Good Info!

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    User Stats

    1,026
    Posts
    752
    Votes
    Justin Goodin
    • Investor
    • Indianapolis, IN
    752
    Votes |
    1,026
    Posts
    Justin Goodin
    • Investor
    • Indianapolis, IN
    Replied

    @Cullen W Jones @Antonio Haskett Thanks for reading!

    User Stats

    5
    Posts
    1
    Votes
    Replied

    Thanks @Justin Goodin I just closed on a Multi family on the east side this week. For any ground up builders check out Renew Indy. The city is basically giving you properties next to nothing but you have to build with there guidelines. Anything close to downtown is a great buy and hold as well. I believe it’s going to be a different place in 10 years. 

    @Justin GoodinI’d like to connect with you if you live in or near Indy? 

    User Stats

    3
    Posts
    1
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    Replied

    Hi, do you have any suggestion to buy good multi family at Indy,IN or little rock,AR, what bank? Thanks

    User Stats

    5
    Posts
    1
    Votes
    Replied

    I can put you in touch with the agent that’s been working with me if you’d like. I’m only buying in indy since I manage and maintain my properties.