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Updated about 1 year ago on . Most recent reply
Where should I invest Indianapolis IN, or Carmel IN?
I'm thinking to buy a rental property in Indiana not more than $350k.
Where you recommend Indianapolis city or Carmel and why?
Where it's easier to rent?
Where you can generate more income?
Most Popular Reply
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@Sean K. Carmel and the majority of Indianapolis are polar opposites.
There's a 0% chance you'll find cash-flow in Carmel. Around the greater Indy area you can find, negotiate towards, or create it. This depends on the neighborhood (sometimes street-by-street), strategy (value add?), and ROI you're aiming for.
We have a rental shortage. If it's a nice rental at/or slightly above market you'll find qualified people asap. People want houses over apartments especially if you have a basement or garage.