This gives you a foundation for making a fair offer.Secure Financing: Be prepared to show you’re a serious buyer with funding lined up, whether through cash, traditional financing, or a creative option like seller financing.Have a Strategy for Repairs or Development: If the property is distressed, outline how you’ll handle improvements to bring it back to productive use.

Here are a few things that I like about the neighborhoods in Indy compared to other states: high rent-to-home-value ratio, consistent and gradual city development, relatively low property tax and insurance cost, affordable renovation service cost.

I also look at future development plans in the area, as new projects can increase property values and attract more renters.

A Surge in SupplyCharlotte’s rental market saw a notable influx of new units in late 2024, with several large developments hitting the market simultaneously.

I grew up in the real estate industry watching my father raise money with a PPM for large multifamily value add projects and a developments.

In most of Raleigh city limits specifically, the lack of room to build new construction developments has stirred the folks in zoning.

Any investor or developer buy raw land lot (zoning code G) and go through the process with the city to convert to commercial use?

I currently do Business Development for our property management company and work with all of the new owners and properties.

Also keep in mind in LA most of those lots were created from 1900 to 1950s and well they are lots of record.. and were developed with the standards of the day..

I am a 23 year old who recently graduated from college with a business degree focusing on real estate finance and development.