Building the Boots on the Ground Team - Indiana
Hi everyone! First time posting here. I've narrowed my prospective market to Indiana to purchase rental properties from afar. I wanted to ask if anyone has any experience investing in Indiana, and what are some sound cities worth looking into? From there, I hope to build the core team necessary to maintain the homes. Any insight or tips would be greatly appreciated!
Most Popular Reply
I have experience investing in Indianapolis. 7 doors now.
I personally like investing in the developing markets (transitioning from C to B neighborhood where commercial & residential revitalization is happening). A lot of that in urban Indy!
Average deal is going to cash flow $100 / door right now leveraged due to rates. Great deals can of course be a lot more.
Appreciation should be strong, not double digits but I'm anticipating great growth as our population expands and GDP keeps going up (40% growth in Indiana in the past decade GDP wise).
I'd love to help you!
- Tyler Lingle
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