Investing here for the first time and would appreciate any insights.

Investing here for the first time and would appreciate any insights.

Member since 2023 · 26 posts · 19 votes

Hello everyone.

My name is Oren Dadon and I am an investor from Israel. 

After making several investments in Israel, I am looking to open to the market in the United States.

After a research I've done I'm interested in investing in Indianapolis.

I am looking for a 3 bedroom house, no less than 1000 sqft. And the Investment amount range is between 90K - 120K. 

This is an initial investment, and I am interested in purchasing at least 3 more properties in the coming year, assuming the model proves itself. I would be happy to receive your help and of course your experience in choosing a good and worthwhile area/neighborhood where the quality of life is good and without crime and with good tenants. I thank you all for any help and guidance you can share with me, and I wish you all a wonderful day :))

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Min ZhangBusiness Member
Real Estate Agent · Member since 2022 · 1k+ posts · 1k+ votes
2y

Hello Oren! It is great that you have several investments. Having an investment in Indianapolis would be fantastic as well. But hear this out, Cleveland, OH is a cash-cow for out-of-state investors. I personally own a ton of properties in the Cleveland market. If you are looking for a ton of cash-flow, then Cleveland is the way to go. My partner and I have brokered a ton of deals in the market. Let me know if you are interested in connecting. I can definitely provide you with a ton of great insight about the market!

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  • Nick GiulioniPro Member
    Rental Property Investor · Carmel, IN · Member since 2016 · 1k+ posts · 615 votes
    2y

    Would love to help you out. Feel free to hit me up and we can setup a time to chat.  I've helped a lot of long distance investors get started. 

  • Evan HoppleBusiness Member
    Real Estate Agent · Columbus Cleveland Dayton, OH · Member since 2023 · 284 posts · 420 votes
    2y

    @Oren Dadon

    Invest in Columbus, OH if you're looking for appreciation

    Reafco Real Estate
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  • Min ZhangBusiness Member
    Real Estate Agent · Member since 2022 · 1k+ posts · 1k+ votes
    2y

    Hello Oren! It is great that you have several investments. Having an investment in Indianapolis would be fantastic as well. But hear this out, Cleveland, OH is a cash-cow for out-of-state investors. I personally own a ton of properties in the Cleveland market. If you are looking for a ton of cash-flow, then Cleveland is the way to go. My partner and I have brokered a ton of deals in the market. Let me know if you are interested in connecting. I can definitely provide you with a ton of great insight about the market!

  • Investor · Arroyo Grande, CA · Member since 2014 · 1k+ posts · 1k+ votes
    2y

    Hey Oren, I don't know how invested you are in Indianapolis but I'd highly recommend checking out Detroit as well.

    I do a ton there and I just spoke with another investor from Israel last week. 

    There's a lot of money coming into Detroit from investors in France, Canada, South America, and the Netherlands too. 

  • Michael SmytheBusiness Member
    Real Estate Agent · Metro Detroit · Member since 2023 · 4k+ posts · 3k+ votes
    2y

    We have several clients in Israel - so many, that our manager went to Tel Aviv last summer for a meeting with all of them:)

    Logical Property Management4.9455 Reviews
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