We have a package of 10 B area properties we need help with

Indianapolis, Indiana
Buying & Selling Real Estate
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We have a package of 10 B area properties we need help with

Omari Heflin
Fishers, IN · Member since 2017 · 126 posts · 20 votes

We have about 60 units around Indy, Roughly 10 of them have become vacant due to tenant moving out, We've done turns on them and have considered selling them to offload some off the books. We understand we can still rent them out but not sure if we really want to yet !

Any suggestion you guys may have are welcome ! 

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  • Nathan Grabau
    Realtor · Longmont, CO · Member since 2021 · 577 posts · 631 votes
    3y

    Have you tried to furnish any of them and put them on furnished finder or corporate housing by owner? These are MTR sites where you can typically get about 50%+ more rent per month as a furnished rental. This is also a great way to improve your portfolio's cash flow! 

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  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    3y
    list and sell seems an easy decision.
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  • Jason Lawrence
    Real Estate Agent · Indianapolis, IN · Member since 2018 · 33 posts · 37 votes
    3y

    What part of town are they?

    0Reply
  • Mike Dymski
    Investor · Greenville, SC · Member since 2016 · 5k+ posts · 13k+ votes
    3y

    17% turnover at the same time...what happened?

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  • Chris MullinaxBusiness Member
    Property Manager · Kokomo, IN · Member since 2020 · 172 posts · 44 votes
    3y

    Hi Omari, we would be happy to have a conversation with you. Feel free to message me!

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