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Indiana Real Estate Q&A Discussion Forum
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Updated almost 7 years ago on . Most recent reply

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Damian Robinson
  • W Friendship, MD
7
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25
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Should I buy in this Indianapolis neighborhood

Damian Robinson
  • W Friendship, MD
Posted

I am looking at purchasing a fully rehabbed house 1316 w street 46208 Indianapolis for my first rental. Is this a war zone

or a D neighborhood? Should I move on and look at other neighborhoods if so which ones?

Most Popular Reply

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841
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Ritch Bonisa
  • Specialist
  • Indianapolis, IN
480
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841
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Ritch Bonisa
  • Specialist
  • Indianapolis, IN
Replied

I'm in Indianapolis.  There are still good deals.  If you can get a great deal in an A area - that's great - Do it!  There are still deals on the fringes of these A & B areas.  Neighborhoods get hot , they begin to gentrify.  C areas are transformed into B areas.  There are many good deals happening.  Just avoid the D areas and be calculated about the Cs.  Need to understand what streets have heavy rehab going on.  Which one's are next and which ones are likely to take a long time to develop.  Even understand which ones are unlikely to happen at all.  Overall, there are still some great opportunities.  I'm in the process of buying at minimum of 5 right now.

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