As one of the Agents here at T&H Realty, I speak with numerous investors on a weekly basis.
Most of those conversations go something like this:
“HI, I’m Joe Investor and I’m looking to purchase properties in Indianapolis. I’ve heard it’s a great area to invest, and real estate is much more affordable than where I live. I’m looking for cash flowing properties in good areas that meet or exceed the 1% rule.”
Then, I typically have to be the one to burst their bubble a bit.
Now don’t get me wrong, Indianapolis certainly is a great place to invest. Our economy is thriving and there doesn’t seem to be an end in sight.
However, with a thriving, growing economy comes a more popular and competitive real estate market.
When you decide to invest in real estate, you have to have the proper expectations, and I’m finding that some investors just don’t, and that creates a very frustrating experience all around.
So, as an Indianapolis investor, here’s what you can expect in 2020.