Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Indianapolis Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

3
Posts
0
Votes
Steven Denkers
0
Votes |
3
Posts

Indianapolis Property great for short-term rentals

Steven Denkers
Posted

I have a residence with a separate apartment that I rented on Airbnb (perfect set-up). The most full year (we travel a lot) grossed over $30,000. With some slight modifications to the main house, I think it could easily be two more units that are much more profitable than the apartment. 5200 total sq ft. I'm thinking $110,000/year total income. It is in a great location just north of Broadripple. The neighborhood is quiet and has no HOA. The property is on a pond. There are 2-car and 4-car attached garages, so plenty of parking. It has been totally rehabbed.

We need to move out of state to be closer to my wife's ailing parents.

How would I go about marketing this property as a good investment potential?

How much should such a property sell for as an investment?

I am new to this forum, so any feedback would be appreciated.

Thanks,

Steve

Loading replies...