Updated over 5 years ago on . Most recent reply
Indianapolis Neighborhood Scouting - Driving for Dollars
I live an hour away from the house in Indy I just got under contract on my first home. I spent over 5hrs one Sunday trying to learn about the different areas, driving by 32 properties I had bookmarked on Zillow and was surprised at how outdated Google maps street views were. Some properties I already vetoed immediately for house hack potential (as a young female considering living there) based on how rough that street is. I have been thinking about getting a gopro and walking/driving through class C/D neighborhoods taking videos/photos/observations of the area and talking to neighbors. It helped me immensely and felt more comfortable putting offers down since I knew I had already scouted that street in person (and compared it with Trulia crime map). Indy in particular is a city that varies from street to street but is rapidly gentrifying. Any thoughts/suggestions on what interest would be for a website like this? I am a mechanical/design engineer by day and primarily want to use this as a learning tool for me (for future BRRRRs) and hopefully help out of state investors. Would definitely love to partner in Indy to do this neighborhood scouting :)
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No interest in a website but curious if you did the DTD before you got the property under contract? I hope so! Great time to put a low interest loan on that puppy. I'm looking to ReFi my primary if the bank lets me.
Any who, Indianapolis is difficult to explain to OOS investors but the top dollar neighborhoods are easy to understand.
Hint hint - properties listed on the MLS don't cash flow.