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Updated over 4 years ago,
Indianapolis first time buyer/invester
Looking to connect with people in the Indianapolis area. I am a resident physician paying high rent in downtown indianapolis and have been looking at the idea of buying a property in the 200-250k range to live in for the next two years while I finish my training and then rent out once I am finished and my salary increases substantially. I have always had an interest in real estate but am originally from the west coast and have only been following the Indianapolis market for about a year. Would like to get peoples opinions on the growth of the market, is my price range worth investing in( not seeing a lot of properties that can follow the 1-2% rule), are places like fountain square/ herron morton/bates-hendricks worth buying in or is it already too inflated? Ideally would like to get a 2bed/2bath and put some sweat equity into over the next two years while also paying down my own mortgage instead of someone elses. Then start BRRRing. Like I said im very green, have read most of bigger pockets published books and their recommended page of books, now looking to learn from others who know the indianapolis market. Thanks all