All Forum Posts by: Mark Jones

Good to know!  Indianapolis has been trying to tighten the reigns in regards to STRs

Hi Bei, I own a property management company, and am also an investor myself.  I will PM you.  Let me know if I can answer any questions for you!  Happy to provide testimonials from other investors we work with as well.  

Will PM you!  

Hi @Michael Buska, I have been an Investor in the Indianapolis market for 18 years, and also manage other investor's property here.  Most of them are out of state.  Our team can also help you find the properties that meet your goals.  Feel Free to reach out if I can answer any questions for you.  

I would highly recommend that you have the information on the tenants including as much documentation on them before purchasing your next property.  That won't alleviate this from happening, but it will make it much easier!  

We have had some challenges with crime with the houses we manage in this area.  Definitely north of 38th would be a better option.  

From your list, Lake Clearwater would have the least crime rate.  However that is a very expensive area in Indianapolis with a lot of retail, and not much residential where it would make sense to buy an investment.  There is a big apartment complex in that area.  

Meridian Meadows is located in Greenwood.  That too has low crime, but can be an expensive area.  

Not sure where you got this list, but the neighborhoods you have listed are very different.  

I would agree with @Jaron Walling, the near east side is seeing some good traction and the crime rate is going down.  There are other areas of town that are seeing some community renovation and would be good areas to target if you can handle the storms as they are on the rise.  

My team is dealing with every area of town daily with managing homes in all areas.  If there is something specific you are looking for, feel free to pm me!  

@Gloria N Gear knows a lot about investing in Indy!  

We are definitely seeing improvement for our investors that own on the west side!  I look forward to this area of town continuing to improve and seeing more success for the people that invest there.  Great post @Jacob Deacon

This is definitely a problem and isn't going to go away anytime soon.  If an investor is willing to do some renovation to a property, that helps with a larger inventory of homes because not everyone is willing to do renovation.  We have also been networking with our current owners when they are interested in selling.  Life happens, and they are ready to sell for whatever reason.  We try to match these properties with buyers that are interested and this off market approach can be appealing since there is less commission involved!  @Tyler Lingle, you seem to do a great job with this as well!  I come across your off market properties from time to time!