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Indianapolis Real Estate Forum

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Gil Ganz
  • Real Estate Investor
  • Austin, TX
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is investing in Indianapolis now the correct thing to do?

Gil Ganz
  • Real Estate Investor
  • Austin, TX
Posted Nov 15 2018, 08:20

hey

looking to purchase a long term buy and hold rental property, budget is 70-80k cash only (oos investor), was approached by a company who assists in the whole process who recommended the indianapolis market as a growing market, with high yields compared to other places. leaving aside the question should i use this company (or any other for that matter), i am looking into the market, the buy/rent ratio looks good in terms of what i'm looking for and i can see the prices have really gone up in recent years, but when checking out the house prices going forward, it seems like most of the information i find talks about prices staying around where they are, some sources even show negative price changes. what are your takes on the matter? obviously no one can know what the future holds, just trying to understand if indianapolis is the right market for me.

example source - https://gordcollins.com/housing/us-housing-market-... only market listed with negative forcast is indianapolis

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