All Forum Posts by: Robert Nguyen

I don't think Anderson is a market that you NEED to stay away from. I think there are other areas that are more exciting for a long term appreciation hold, but if your just looking to bank some short term cash flow and then add value to sell I think this sounds like a good opportunity for you!

Yeah the plan was to collect rent until tenant decides to leave, then spend 15-20 on renovations (im over estimating its only 680 sq) then sell for nearly double what I paid originally

0 Votes

Indianapolis, Indiana

Very good to hear

This property is east of SR9, 3 minutes east of the university

Seems like a college rental area

0 Votes

Indianapolis, Indiana

Hello,

I was approached with a Off market deal for a small property in Anderson, 2/1 700 sqft

There is a M2M tenant paying a healthy amount in rent, I was going to just pay cash for this place, it is well under 100k.

The plan was to collect rent until they decide to move out and then spend a little bit to update/renovate even though it looks pretty good so far, and then flip it for 110-120.

My question is, is Anderson a decent place to invest in now? I found older post from 5+ years ago that all say stay away, have times changed or is it pretty much the same?

TIA

0 Votes

Indianapolis, Indiana

All Forum Posts by: Robert Nguyen

Robert Nguyen has started 1 posts and replied 3 times.

Post: Potentially Investing in a Rental in Anderson IN

Post: Potentially Investing in a Rental in Anderson IN

Post: Potentially Investing in a Rental in Anderson IN