Real estate investors interested in low property prices and high rental values will want to consider Indianapolis as an ideal place to buy property. At ES Property Management, we work with a number of out of state investors as well as property owners who live out of the country. Whether you’re local or out of town, it’s a good time to buy in the Indianapolis market.
The property prices are astoundingly low in Indianapolis, particularly if you’re an owner who comes from one of the coasts. Compared to cities on the east and west coast, you’ll be surprised at what you can get for a low price in this market.
Indianapolis is also an excellent environment for tenants. There are good jobs in this area, excellent schools and a low crime rate. The industries that thrive in the region are resistant to downward price spirals. This leads to a stable rent environment and sets the foundation for excellent growth.
We are in the heart of the country, so you’ll find good prices for vendors, repairs and maintenance as well as potential upgrades. All this means you’ll have positive cash flow on your investment property from day one.
When you add up affordability, an excellent and stable rent environment as well as good schools, high incomes and desirable tenants, the answer is Indianapolis. Please contact us at ES Property Management in Indianapolis if you have any questions about investing in Indiana.