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Updated about 4 years ago on . Most recent reply

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Andrew Moster
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Indianapolis - New Investor - Rent Income Question

Andrew Moster
Posted

Good afternoon BP!  First time posting on here.  Been a big fan of BP website and podcasts.  I'm looking into investing in my first property which is a duplex property in Home Place area up in Carmel.  It is a 2 bed 1 bath on both sides.  I ran the BPinsights rent and they were saying an average $1350.  Was wondering if other people have experience in regards to BP Insights and see if it is pretty close to the real pricing.  Just a quick searching I was finding properties for rent around the $800 range.  Just concern because the property won't work out with $800 a month.

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32
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Jeremy Johnson
  • Rental Property Investor
  • Indianapolis, IN
17
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Jeremy Johnson
  • Rental Property Investor
  • Indianapolis, IN
Replied

Right in my backyard. I'd have to see the finishes, amenities, and such. However, I wouldn't count on 1300 for a 2/1 in that area. Just imo. I don't use BP insights either. 

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