I considering buying a home in the Mapleton Fall Creek area of Indianapolis for a buy and hold cash flow investment. The rents seem a little higher there and you can still get a good deal for under $70000. Is there any hotspots within this area that would cash flow the best. Any pockets within this area I should avoid. Any insight on the area in general would be appreciated. Thanks everyone
Mapleton Fall Creek is real street to street with a lot of little pockets. If you want to send me the address I'll be happy to give you my 2 cents.
@Mike D'Arrigo Don't really have an address or specific home in mind. We toured through the area last weekend and really liked it there. Really nice looking neighborhoods with bigger homes and higher rents. That's the one area that we have not heard much about so are trying to get a little more info on it. Just seemed really family friendly. If something comes up I'll be sure to run it by you. Thanks Mike.
@Joey Noel , like Mike said, very street by street.
Do you have a PM and/or a team yet? I would suggest relying on a quality PM's input as well before you spend too much time looking at various options.
Mapleton Fall Creek is a tricky area. Like Shawn suggested, I would get a PM's opinion. Do you still have the contact info I gave you?
The older, the bigger properties like this the
future can get ugly with repairs on these properties. Dave Short
The 3000 block of Ruckle is nice. Just about each home on this block has been rehabbed, flipped, etc.
However, one street over, Mapleton Fall Creek could be dicey. I own property just south of there in Fall Creek Place and I suggest it highly.
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