Document the condition thoroughly for future reference and estimates.If the property is of interest, it’s crucial to have professionals assess potential structural damage, electrical issues, or mold remediation costs.

Let's make the most of the current market conditions and build a prosperous future together.Looking forward to connecting with you all!

These types of offers can sometimes offend a seller if they actually have a really good idea of what their property is worth in as-is condition.

You can buy a large upper/lower with two identical units in decent condition for about 350-450k.

How do current market conditions influence your decision to flip or hold?

Current market conditions, especially with cap rates having risen from the low 4s to over 5-5.5%, essentially wipes out LP equity when the value of properties went down at least 30%.

Won't apply for everyone, but for those that are military and looking to turn your primary residence into a rental when you leave, you can keep the 4% assessment under certain conditions (remain on active duty and I believe it's limited to 1 property unless you advertise it for sale within 30 days of a purchase of a new house).  

These properties are typically bought by individuals or families who prioritize location, size, and condition, making the comparable sales method more reliable.Income potential still matters, and calculating the NOI can help you ensure the property cash flows well if you plan to rent it out.

@Andrew GheenTo invest in real estate in Indianapolis, focus on moderately priced properties, network with local contractors, and understand market conditions.

See what $ homes are selling for and in what area, condition, style etc.