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Updated over 8 years ago,
Brian GarlingtonPoster
- Realtor
- Oakland, CA and a Real Estate Investor with Multi-Family Units and a Self Storage Facility
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Any advice for REI in Indianpolis while living in California?
Greetings BP Forum. I was at a BP networking event here in the Bay Area last week and the subject was investing out of state while living in the San Francisco Bay Area. The area of focus was on Texas, but there were a couple of people there that seemed to think that Indianapolis was a great area to look at.
I've been told Cap Rates of around 13% to 14% can be found there, especially around the Fountain Square Area.
Thoughts?