All Forum Posts by: Steve Lawson

1254-1256 W 23rd Street Indianapolis, Indiana 46208

12 units of 2 BR, 1 B near Ivy Tech! $320,000 gets you an occupied property, 19.6% net cash flow and 16.1% ROI.

Gated, 24 Hr. Video Surveillance. Completely renovated apartment with laminated wood flooring, open floor plan living room/kitchen, 2 good sized bedrooms with closets and coin-laundry facility onsite.

http://p.reiblackbook.com/p2/157632

@Steve L. 

It had 3 vacant units and 2 units being evicted. It now has 5 new tenants, new roof and several other updates

4224 Bertha St Indianapolis, Indiana 46241

Large Duplex - 3 b 1.5 b on each side.

This property offers a 13.5% Net Cash Flow and an 11% ROI for only $91,000! Nice part of Indy! Large Duplex - 3 b 1.5 b on each side. Completely rehabbed and finished just this week!

http://p.reiblackbook.com/131370

2258 N Hawthorne Indianapolis, Indiana 46218

Wow! Check out this 5 unit rehabbed property with tenants for $195,000 which nets a 15.2% cashflow and a 12.4% ROI!

Recently rehabbed, spacious 2 Bedroom, 1 Bath Near N. Emerson and 21st St. in Warren Township. 1 level with laundry hookup in each unit, new flooring, spacious living room and spacious kitchen. Property is near bus line with easy access to highways. ALL units are currently occupied.

http://p.reiblackbook.com/p2/157784

8 Units for $300K - already renovated and tenants in place!

2527 Shelby Street Indianapolis, Indiana 46203

$300K nets you a 13.5% net cash flow and 11% ROI! Add this nostalgic 1935 8 unit apartment building to your portfolio today! Hardwoods and historic! Already renovated and tenants in place!

http://p.reiblackbook.com/p2/160912

8111 E 36th Pl Indianapolis, Indiana 46226

This 3 bedroom, 1 1/2 bath will soon be a 4 bedroom and 2 full bath with our rehab! This raises the rent opportunity to $975 per month. For just $62,000 you can invest in this property for a 13.9% Net Cash Flow. The home has a finished basement with a walk out to the 1 car garage. 

http://p.reiblackbook.com/149278

With other homes selling in the neighborhood at $80-$90K, you are getting a great deal for only $68K (cash)

3104 Pawnee Ct Indianapolis, Indiana 46238

This 3 bedroom 1 bath home on a nicely wooded lot has a good net cash flow of 12.6% and has a ton of equity. With other homes selling in the neighborhood at $80-$90K, you are getting a great deal for only $68K (cash). This home has great curb appeal with established trees and plants that will be low maintenance. This will rent fast in this nice safe neighborhood.

http://p.reiblackbook.com/144068

Duplex - 556/558 N Oxford

556 558 N Oxford Indianapolis, Indiana 46201

$67,000 is a bargain for this charming duplex with 3BR/1BA for each side on the near east side of Indy with a 15% net cash flow. Vintage home with beautiful woodwork, hardwood floors, an eat-in kitchen nook and built in cabinets. Each side has a basement and use of the 1 car garage. It is completely rehabbed and ready for a tenant.

http://p.reiblackbook.com/157096

625 - 627 Gladstone Indianapolis, Indiana 46201

$66,000 gets you a 17.8% net cash flow and includes rehab to be complete within 30 days of purchase.

However, if you are a DIY, then you can steal this property "As-Is" for $51,000. This property has 2

bedrooms and 1 bath on each side of the duplex and a nice shady front porch to enjoy!

Please see the Docs tab above for the Comps related to this property

http://p.reiblackbook.com/119076

2160 - 2162 S. Webb Street Indianapolis, Indiana 46225

Duplex on 2160-2162 S Webb

$67,000 nets you a 18.7% cash flow for a newly renovated duplex with 3 bedrooms, 1 bath on each side located on the south side of Indy. New everything - paint, carpet, vinyl, cabinets and counters. This is a must see space ready for you to come home!Tenant responsible for utilities (gas, electric) and lawn care. There is a $35/month water charge for the water bill. Appliances not provided.

http://p.reiblackbook.com/157073