All Forum Posts by: Account Closed

@Marco Santarelli Thanks! Yeah, it doesn't make sense -I will continue to look into the area...

@Marco Santarelli Thanks so much for taking the time to respond, I really appreciate it. 

According to Neighborhood Scout, 

"Vacant apartments or homes are a major fact of life in Georgetown Rd / W 34th St. The current real estate vacancy rate here is 21.6%. This is higher than the rate of vacancies in 87.2% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round."

http://www.neighborhoodscout.com/in/indianapolis/g...

@Shawn Holsapple Thanks for the very insightful comments above, as always, you are adding tremendous value to everyone thinking about investing in this area! Very few folks have more experience and knowledge, so thanks for taking the time to respond. Excellent point about the "pretty houses as well."

I am thinking that you would also agree that Neighborhood Scout is way off? 5 am - off to work - thanks Amazon!!

Awesome, thanks so much for the confirmation @Mike D'Arrigo

@Sterling White I heard you do all your investing in Eagledale...lol

I will be checking out Holdfolio!!

@Mike D'Arrigo Thanks so much for sharing your thoughts on Eagledale. You obviously wouldn't be selling "lots of properties" to investors if you didn't rate the area. Sounds like it is one of your favorite areas.

I heard that a very large proportion of the homes are investor owned - do you ever have any issues attracting quality tenants? How about vandalism when properties are vacant? 

Thanks again for your time, I really appreciate it!

@Sandy Thomas awesome that you have a rental property - hope renting to family is working out well for you LOL...

Would you say it is still a sellers market? I really appreciate the spreadsheet - I am sure other investors would appreciate it as well.

@Marco Santarelli would you rate the neighborhood as B or C? Seemingly it is a great neighborhood for Turnkey Properties - good cash flow. 

Just a couple of questions:

1) Investor owned homes - Are most of the homes in Eagledale investor owned and should this be a concern for buy and hold investors? 

2) Vacancy rates - Someone sent me a PM and said that the vacancy rate is 20% plus in Eagledale. Is this correct? What has your experience been with tenants in Eagledale?

Thank you for your time, really appreciate it.

@Sandy ThomasThank you very much indeed - can't wait to look at the spreadsheet!!

Are you also a real estate investor?

@Clay Manship PM sent

@Shawn Holsapple is incredibly knowledgeable about the Indy market as a whole - I have the utmost respect for him, and certainly value his views. I had a bit of a family matter that I had to attend to the past 3 weeks or so, but I am now ready to focus on buying some real estate in Indy. 

@Mike D'Arrigo, @Marco Santarelli, @STEVE LAWSON, I heard that you guys have Eageldale TK properties from time to time? 

@Clay Manship and @Sterling White what is your favorite street/s or Indy Neighborhood for cashflow properties? 

Hi there Team Indy,

I am just wondering what you guys think about investing in Eagledale? I have noticed that some folks market Eagledale as an up and coming B-Class neihgborhood with great tenants and very stable returns. 

Would you consider investing in Eagledale  for long-term buy and hold?

Any thoughts would be greatly appreciated, thanks so much for your time,

Phil