I want to begin my real estate investing journey. I have been researching a few markets. Indianapolis market appears to be affordable. I want to know what is others opinion regarding the market- is it appreciating or cash flow? I want to know if anyone has experience investing in Indianapolis and what kind of returns have they been getting ? Are there any recommendations for a real estate agent?
@Nitesh Gandhi Indianapolis is a great market for investors because there are different neighborhoods where different strategies could work. There are areas where you can do buy-and-hold, areas great for STRs, even neighborhoods with great appreciation.
In terms of returns, you can get 10%+ coc based on your strategy and where you buy.
What I would say is that Indy, especially inside the circle, is street-by-street. It definitely helps that your agent knows the city and the type of strategies that work in which neighborhood. Happy to share some resources when you're ready to acquire.
@Nitesh Gandhi Indianapolis is a great market for investors because there are different neighborhoods where different strategies could work. There are areas where you can do buy-and-hold, areas great for STRs, even neighborhoods with great appreciation.
In terms of returns, you can get 10%+ coc based on your strategy and where you buy.
What I would say is that Indy, especially inside the circle, is street-by-street. It definitely helps that your agent knows the city and the type of strategies that work in which neighborhood. Happy to share some resources when you're ready to acquire.
Indy is a market that offers both cash-flow and appreciation; a rare combo! The market has been white-hot for years and finding deals is very difficult, but there ARE deals to be had.
What areas/zip codes will be good for STR vs Long term/appreciation. Looking to pull the trigger in the next few months. It will be my first Out of state investment. I'm looking to connect with realtors and lends experienced in the market and both STR/LTR investments.
@Nitesh Gandhi Indianapolis is a great market for investors because there are different neighborhoods where different strategies could work. There are areas where you can do buy-and-hold, areas great for STRs, even neighborhoods with great appreciation.
In terms of returns, you can get 10%+ coc based on your strategy and where you buy.
What I would say is that Indy, especially inside the circle, is street-by-street. It definitely helps that your agent knows the city and the type of strategies that work in which neighborhood. Happy to share some resources when you're ready to acquire.
@Nitesh Gandhi Indianapolis is a great market for investors because there are different neighborhoods where different strategies could work. There are areas where you can do buy-and-hold, areas great for STRs, even neighborhoods with great appreciation.
In terms of returns, you can get 10%+ coc based on your strategy and where you buy.
What I would say is that Indy, especially inside the circle, is street-by-street. It definitely helps that your agent knows the city and the type of strategies that work in which neighborhood. Happy to share some resources when you're ready to acquire.
We are planning to invest in next few months. Will contact you at that time.
Do you have any recommendations for real estate agent?
@Nitesh Gandhi @Himanshu Singh - Indy has been an exceptional market for me over the past few years... Agar baat karna chaho to DM kar lena! I've been talking about my experience out there, as an Out of State investor, over a few podcast episodes and would be open to a discussion anytime.
Hi Nitesh, welcome to the real estate industry! I have started my real estate journey here in Indianapolis. Now, I have almost a hundred doors. I would love to help/share my experiences and chat with you more if you're interested.