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Updated over 8 years ago on . Most recent reply
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Newbie to Indianapolis!!!
Greeting to all! My husband and I have been listening to the podcast for a while and it leads me here! We are excited to start investing in rental properties in Indianapolis area. We are targeting single family houses that are below $50K, and around $1000 cash flow a month. We would love to make some friends or partners here share ideas and keep learning!
Please connect with me! Cannot wait to share ideas and resources with you.
Most Popular Reply
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I don't own any properties in Indy (yet) but everything I've been reading to date leads me to believe $1000 rents for sub $50k properties isn't going to happen.
You'd be better off expecting $600, $700 and maaaaaybe $800 a month.
Still, pretty damn good returns!