Property assessment. Please help.
I have a property in mind: on Homeridge Dr Indianapolis and another property on that same street.
Anyone know this specific area? How is it? I am purchasing a package of 2 duplexes for 63k (each was initially 74k) with new roofs, and all repairs to be done. One of the duplexes (2 bedroom, over 900sqft, ) rents 600 and the other 525. Each side has one vacancy. Thoughts? I been managing my other Indy property out here in Cali, and so far so good so may do the same with this.
Input would be greatly appreciated, as i mostly invest in nice areas (perry township, wayne and 54th street and above), so this would be quite different, as seeing from the school ratings. Just don't want a war-zone type area.