Updated about 5 years ago on . Most recent reply
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