46227 / University of Indianapolis Area Investors

[Josh Wong]

Hello,

I currently have an investment property in the University of Indianapolis area (east side specifically in 46227 zip code). Wanted to connect with others doing business in the area to keep up-to-date on the market, as I'm from out-of-state. How is the university doing from your eyes/research? How is real estate and the neighborhoods doing, and how are they developing?

I am naturally following the area as much as I can with local news, following the market on Zillow, etc. so happy to be learning together!

Looking forward to connecting!

[Paul Alphonsus]

Quote from @Tracy Bailey:

Hello Josh,

I am Tracy Bailey, AKA The PINK Realtor, and RE investor (commercial focus) here in the Indianapolis region. Currently I am on MIBOR's Economic Community Development Council where we get to learn and help fund non-profit organizations that are improving our communities. Currently Indiana is experiencing exponential growth and we do not have enough inventory to keep up with the demand. This is true for the region. I have attached a great website you should peak at for what is already set in place. Honestly, you can not go by Zillow. 1. They are only averaging estimates and not comparing similar properties/amenities. 2. Your local realtor associations are the definitive source of information. 3. Zillow is not attending planning, commissioner, economic and development meetings in each town or county. Therefore, they are not able to know what is going to happen 2 years from now, today. The items that are now happening in the Indianapolis region began many years ago. They are only NOW being talked about as shiny and new, when in reality, the projects have been in the works for a while. 

https://www.visitindy.com/meetings/why-indy/new-developments

link to the hot talks of today. Personally, the Indianapolis and surrounding areas will remain "hot and trendy" for a while as economic development is growing in the region. Hope this helps. If you would like specified market stats and growth information... that is conversation for set aside time. 

Thanks for sharing the link.
I am interested in investing in Indy and having doing lots of research. My interest in Build-to-Rent, so I am mostly looking for lots that are in mid density area in and around Marion County. But I will be happy to to do other areas if the deal is right.
I am eager to connect and work with a realtor, if you know of anyone or you are open to take new clients, I will be happy to connect.