All Forum Posts by: Uchenna "Che" Nnaemeka

- 1158 sq. ft.

- Built in 1971

- 1-car attached garage

- Warren Township Schools

- Slab foundation

- Solid brick, good bones

- New roof installed October 2016

- Bathroom and electrical updates were made within past few years

- Foundation, frame, windows and gutters are in decent shape

- Mechanicals are in good working order

- 2017 Assessed Value: $58k

- Needs new kitchen, minor bath cosmetics, carpet and paint

- Estimated Repairs: $10k-$12k

- Estimated Monthly Rent: $875-$925

- 4 beds, 2 full baths; additional bedroom and bath can be created in loft to make it a 5/3

- 2875 sq. ft.

- 3 levels

- Finished attic

- Unfinished basement

- Great bones and character

- Solid foundation and frame

- Very spacious rooms

- Plumbing and electrical are in tact

- Furnace, A/C unit and breaker-box look good

- Private backyard with alley access

- Needs new roof, siding, gutters, windows, water-heater, kitchen, baths, flooring, paint, fixtures, creation of additional bed/bath in loft, new garage construction and landscaping

- Estimated Rehab Cost: $60k-$80k

- Estimated ARV: $280k-$310k

Here's a big vacant lot in Meridian-Kessler that’s currently for sale. Lots on this block are oversized and also have alley access. Houses nearby have sold for well over 500k and north of $150/sq. ft. On this particular lot you could easily build a 3000+ sq. ft. home with garage!

5670 N. College Ave.

Indianapolis, IN 46220

- Dimensions: 40 ft. X 244 ft.

- Alley access

Price: $130k

Vacant duplex in Mapleton-Fall Creek currently available! Very spacious and only needs some TLC to get it rent ready!

810/812 Fairfield Ave.

Indianapolis, IN 46205

- 3 beds, 1 bath (812 Fairfield)

- 3 beds, 1.5 baths (810 Fairfield)

- 1224 sq. ft. both sides

- Unfinished basements on both sides

- Parking space in back, alley access

- Good bones

- Foundation, roof, siding and windows are in good shape

- Real hardwood flooring

- One side was recently rented for $800/month

- Needs furnaces, minor kitchen and bath cosmetics, carpet and paint

- Estimated Repairs: $15k-$18k

- Estimated Monthly Combined Rent: $1400-$1500

Price: $95k

Vacant SFR in Lawrence Township that's currently available! Only needs cosmetics and also has a finished basement!

4845 Lesley Ave.

Indianapolis, IN 46226

- 3 beds, 1.5 baths (additional bed and bath can be created in basement to make it a 4/2.5)

- 1266 sq. ft.

- 2-car detached garage

- Built in 1955

- Lawrence Township Schools

- Great bones, solid brick

- Finished basement

- New roof was installed on house and garage in 2018

- New sump pump was installed in 2017

- New furnace was installed in 2011

- New A/C unit was installed in 2010

- Plumbing and electrical are in good working order

- HVAC is in good working order

- Water heater and breaker box are in good shape

- Real hardwood flooring throughout

- Big, fenced backyard with additional parking space

- Needs new windows, kitchen, baths, creation of additional bed + bath, wood-flooring refinish and paint

- Estimated Rehab Cost: $30k-$35k

- Estimated ARV: $155k-$170k

- Estimated Monthly Rent: $1200-$1300

Price: $90k

Here’s an off-market opportunity in Atlanta, GA that’s currently available. There are three houses sharing one parcel, and two of them are currently cash-flowing. The vacant house only needs modest repairs, and the owner has already made some recent upgrades to the interior of the house. Included below is the property info, pricing, and exterior/interior photos.

3095 Washington Rd.

Atlanta, GA 30344

- 1 parcel, 3 houses

- 1 vacant house, 2 are currently rented

- One house is rented at $900/month thru the end of 2017

- One house is rented at $575/month on a month-to-month basis

Vacant house:

- 4 beds, 2 full baths

- 1707 sq. ft.

- Good bones, foundation and frame

- Plumbing and electrical are in tact

- Kitchen and baths are in decent shape

- Master suite with full bath

- Brand new wood-laminate flooring

- Fresh paint

- Needs new roof, siding and gutters and updated electrical panel

- Estimated Cost of Repairs: $12k-$15k

- Estimated ARV: $150k-$160k

- Estimated Monthly Rent: $1200-$1250

Estimated Combined Monthly Rent: $2600-$2700

Package Price: $225k

14298 E. 116th St.

Fishers, IN 46037

- 1.5 acres

- Mostly flat land

- Sits on a short, dead-end street just off Geist Reservoir

- Includes deeded boat dock on Geist Reservoir

- Dock has been renting for roughly $1k/year, and similar docks had sold for roughly $40k 10 years ago

- Houses on street range between 7000 -12,000 sq. ft., $800k - $1.5M retail

- Fishers Schools

Price: $250k

5670 N. College Ave.

Indianapolis, IN 46220

- Dimensions: 40 ft. X 244 ft.

- Alley access

- Within walking distance of Broad Ripple

Price: $130k

404 E. 31st St.

- Dimensions: 40 ft. X 80 ft.

- Clean title

- A short walk from the Children’s Museum

- New construction is currently taking place just a few doors away

Price: $21k

10834 Bellflower Ct.

Indianapolis, IN 46235

- Recently leased to a new tenant at $895/month for 2 years

- 3 beds, 2 full baths

- 1180 sq. ft.

- 2-car attached garage

- Built in 2003

- Sits on a small, dead-end street in Warren Township

- Slab foundation

- Great bones

- House is structurally and mechanically solid; move-in ready

- Market Rent: $900-$1000

Price: $89k