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Updated over 1 year ago on . Most recent reply

User Stats

418
Posts
286
Votes
Tyler Lingle
  • Real Estate Consultant
  • Indianapolis, IN
286
Votes |
418
Posts

Low Inventory: What's Your Response

Tyler Lingle
  • Real Estate Consultant
  • Indianapolis, IN
Posted

In June 2013 Active Inventory of homes in Indianapolis was around 13,000. 
In June 2023 Active Inventory of homes in Indianapolis is around 4,000. 

There's just not properties hitting the market in the same way as there traditionally has. 

Questions in response: 

- How do you as an investor navigate the biggest issue of our market: Lack of available properties? 

How do you think this inventory issue shakes out? 

It would seem the problem will only worsen if rates drop and demand increases. 

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Roots Realty Co.
5.0 stars
42 Reviews

Most Popular Reply

User Stats

150
Posts
59
Votes
Mark Jones
  • Property Manager
  • Indianapolis, IN
59
Votes |
150
Posts
Mark Jones
  • Property Manager
  • Indianapolis, IN
Replied

@Tyler Lingle, couldn't agree more! ROI and cash flow are much lower right now for the reasons you mentioned. The strategy that has served me well is buying and holding. I started investing in 1995, and still own several of the homes I started with. You build wealth because of the long term appreciation and principal pay down. Not to mention the tax advantages. It's not sexy, but it definitely snow balls over time.

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