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Updated over 8 years ago on . Most recent reply

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Brad Swarm
  • New to Real Estate
  • Columbus, OH
0
Votes |
5
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What has the Indianapolis Market done for you?

Brad Swarm
  • New to Real Estate
  • Columbus, OH
Posted

Good Afternoon,

I am a new investor here in Indianapolis looking at buying my first multi family property. I recently saw a house on Carrollton Ave, which is in between 10th and 38th and college, which appears to be an area that is being revitalized. What do you guys think of this area, and what would you suggest for someone new in the Indianapolis Market? Furthermore, if anyone has any suggestions on good Buy-Brokers, or general advice relating to the Indianapolis market, please let me know. Thanks for any and all responses! 

Most Popular Reply

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623
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155
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Jeb Brilliant
  • Rental Property Investor
  • Long Beach, CA
155
Votes |
623
Posts
Jeb Brilliant
  • Rental Property Investor
  • Long Beach, CA
Replied

@Brad Swarm Your logic for going MF seems very solid. I know it's not as easy but if you can find a 3-4plex I would suggest going that route. Either way, MF is great. One tip, don't try to break even because you are living for free. Make money on every deal you do. Some people going into MF, pick up a duplex and then only break even, maybe they feel guilty and that they don't deserve to make money from the property they're living in but what ever the deal is, make money on it every month. 

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