Places to invest in Indianapolis & connect

Indianapolis, Indiana
Starting Out
2yFollow

Places to invest in Indianapolis & connect

Christian Martinez
Member since 2024 · 1 post · 1 vote

Hey there,

I am looking to start acquiring rental properties in Indianapolis and wanted some feedback on where I should/shouldn't be looking and any other advice that might be useful. Also looking to connect with local RE Agents, property managers, lenders, etc. I am looking at single family homes that I can get for around 80K, rehab and then rent out. I am just starting out so my goal is long term wealth building through appreciation and cash flow. ROI is important but I also want to avoid unnecessary headaches so looking for at least a B-/C+ area. The 46218 zip code, specifically Martindale-Brightwood and then Near Southeast were a couple places that caught my eye as more affordable with good cash flow opportunity while still being B- neighborhoods. Looking for others opinions on these places or other areas that match this criteria. Thanks!

Christian Martinez

1Reply
26 views

Most Popular Reply

Jonathan GreeneBusiness Member
Real Estate Consultant · Madison, NJ · Member since 2016 · 6k+ posts · 7k+ votes
2y

Look up David Lecko, the founder of DealMachine, on social. He invests primarily in and around Indianapolis, although he moved to Austin. DealMachine has a lot of employees in Indy who also invest there.

[email protected]Podcast Guest on Show BiggerPockets Daily 667: 5 Amazing Benefits Multifamily Investments Offer (That Single Family Homes Don’t) by Gino Barbaro
Zen and the Art of Real Estate Investing59 Reviews
WebsiteView Page
1Reply
See this reply in the discussion

3 Replies

Jump to latestLatest
  • Jonathan GreeneBusiness Member
    Real Estate Consultant · Madison, NJ · Member since 2016 · 6k+ posts · 7k+ votes
    2y

    Look up David Lecko, the founder of DealMachine, on social. He invests primarily in and around Indianapolis, although he moved to Austin. DealMachine has a lot of employees in Indy who also invest there.

    [email protected]Podcast Guest on Show BiggerPockets Daily 667: 5 Amazing Benefits Multifamily Investments Offer (That Single Family Homes Don’t) by Gino Barbaro
    Zen and the Art of Real Estate Investing59 Reviews
    WebsiteView Page
    1Reply
  • Jaspreet Baveja
    Lender · Palo Alto, CA · Member since 2017 · 142 posts · 91 votes
    2y
    Quote from @Christian Martinez:

    Hey there,

    I am looking to start acquiring rental properties in Indianapolis and wanted some feedback on where I should/shouldn't be looking and any other advice that might be useful. Also looking to connect with local RE Agents, property managers, lenders, etc. I am looking at single family homes that I can get for around 80K, rehab and then rent out. I am just starting out so my goal is long term wealth building through appreciation and cash flow. ROI is important but I also want to avoid unnecessary headaches so looking for at least a B-/C+ area. The 46218 zip code, specifically Martindale-Brightwood and then Near Southeast were a couple places that caught my eye as more affordable with good cash flow opportunity while still being B- neighborhoods. Looking for others opinions on these places or other areas that match this criteria. Thanks!

    Christian Martinez


     Hey Christian, have you had much luck yet? Have you bought anything? Let's chat! Recommendations might be different based on your plan, budget, local team etc...

    0Reply
  • Kerry Noble JrPro Member
    Investor · Indianapolis, IN · Member since 2018 · 2k+ posts · 1k+ votes
    2y
    Quote from @Christian Martinez:

    Hey there,

    I am looking to start acquiring rental properties in Indianapolis and wanted some feedback on where I should/shouldn't be looking and any other advice that might be useful. Also looking to connect with local RE Agents, property managers, lenders, etc. I am looking at single family homes that I can get for around 80K, rehab and then rent out. I am just starting out so my goal is long term wealth building through appreciation and cash flow. ROI is important but I also want to avoid unnecessary headaches so looking for at least a B-/C+ area. The 46218 zip code, specifically Martindale-Brightwood and then Near Southeast were a couple places that caught my eye as more affordable with good cash flow opportunity while still being B- neighborhoods. Looking for others opinions on these places or other areas that match this criteria. Thanks!

    Christian Martinez


     I would love to connect with you

    0Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free