Indianapolis - New Investor - Rent Income Question
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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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.