All Forum Posts by: Shankar Sridhar

 I'd be interested too! Early this year, I attended CIREIA, which was a good one. But as Gloria mentioned, its paid!

That's a great return. Mind sharing what part of Indy this was at and the purchase price of the property?

Hi Nick, I'd love to get more information from your experience in this market.

Hi Indy Investors,

Just curious to know what are the returns you are getting for a standard 30-year buy and hold properties at Indianapolis, Marion County

I am feeling, most of them who invest here, do flips, BRRRRs to get the highest yields. 

Wondering what's the return in turnkeys and moderate fixer uppers. ?

I am under a contract for a fixer upper property for about 145k$, and seeing yields only about 4-5%.

Hi folks,

I am under contract for a single family in Indianapolis. Its a 4 bed 1.5 bath 1248 sqft house with detached garage.

I am trying to run numbers to know my cash on cash return etc. 

I got the county assessor's record. It shows this property assessed at 69,700 64,600 for years 2021 and 2020 respectively. I am trying to know if this value would further jump if I buy the property and make some improvements like paint, flooring, water heater, adding GFCI outlets etc.

I already see this value jumped between 2020 and 2021. Will this further increase? If so, its going to affect my cash on cash returns further.

Also, on the same street, there is a similar property with 4beds and 1 bath, 1200 sqft. I checked the tax records for that one as well. That has higher assessed value as well as higher change in assessed value. 103k vs 92.9K in 2021 and 2020 respectively. 

Given both properties are on the same location, and very similar in and out,  will my value go up from 64k to 100k or so like the other property ? or maybe not that much, but still due to cosmetic improvements, will I still see a bump ?

Also, note that, my property under contract looks like has had only single owner so far, compared to the other property which has seen transfers 2-3 times. Wondering if that's the reason for higher assessed value ?

Let me know your insights. Thanks!

Thanks @Kenny Hall. I did hear about north of 465 loop being the A neighborhoods. Since I am looking for cash flow, I am not touching those areas.

I am primarily looking in the west Indy, Just outside Eagle Dale, Wayne, stretching up to Avon, Plainfield or on the south west like Marion County.

Will connect with you for further details. Thanks for the info.

Hi all,

I am looking to buy a SFH in Indy soon.

I am trying to understand the various neighborhoods in Indianapolis suburbs i.e. just around and outside the 465 loop.

If any property managers know the area well and are actively involved there, I would like to talk to you to understand more about those places.

Thanks

Shankar

Hi, 

I am a newbie trying to get my feet wet in Atlanta market. Since I am out of state, would like to connect with recent investors who are able to buy cash-flowing properties in and around Atlanta.

I would love to know what kind of deals you got in this hot market recent times.

Thanks

How are the areas around Lake Lanier ? Like Cummings on the west, Flowery Branch, Budford on west