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Updated over 4 years ago on . Most recent reply
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Indianapolis, Riverside area
What's everyone's take on the neighborhood now and in the next few years in terms of buy and hold strategy? I'm not needing great cash flow but I keep hearing about massive city-funded development and investment coming to this area but historically these plans have hit snags and ultimately nothing comes to fruition. I know this neighborhood isn't in great shape now and I see a lot of very cheap homes (albeit in poor condition) but the ones that have been rehabbed look like potentially good investments. I also feel like this area gets overlooked with Irvington and Bates-Hendricks getting a lot more attention in the past couple years but there may be a good reason for that.
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I've been trying to find deals in riverside, haven't seen much come up. Looks like a nice area to invest in, for the most part