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Updated over 5 years ago on . Most recent reply

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Shaked Persi
  • Dallas, TX
1
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5
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Wavering between 2 houses in different areas

Shaked Persi
  • Dallas, TX
Posted

Hello friends,

I'm an OOS inverstor and I own 1 SFH in Indy and it is great far

 so now on my way to my 2nd deal! 

First duplex is at Tuxedo park - North of Washington st and east of N Sherman Dr 

Second is near Lawrence  (kind of) North to 21st st. and west to N Arlington ave

The numbers look almost similar 70k both houses, same rent 650$-750$ per side (both duplexes)

the only difference is the ARV - looks like the first one (built 1910) will be 100k and the second (built 1949) 80k.

Any insight on those areas/details?

Most Popular Reply

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189
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141
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Bryan Richardson
  • Rental Property Investor
  • Indianapolis, IN
141
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189
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Bryan Richardson
  • Rental Property Investor
  • Indianapolis, IN
Replied

@Shaked Persi

Both are rougher areas. I personally would ho with the Arlington one first. I've never seen any thing in tuxedo park area I like.

That's just me. Tuxedo park may appreciate in the future from the growth downtown, but if that happens it prob wont be anytime soon.

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