Indiana is a somewhat boring real estate market. It is more affordable than exciting. One thing has been very consistent about the real estate market in Indiana. Central Indiana is almost always near
the top of affordability indexes. That means that real estate values in Indiana are backed up by household incomes. If an investor wants to speculate on future appreciation, there are other markets that are more suited to that kind of roller coaster ride.
The same reason that makes homes affordable for home buyers makes it a great climate for investors who are looking for solid returns. The markets areas that are prone to attract speculators are also the same markets that offer the potential of NEGATIVE CASH FLOW. (If you are allergic to negative cash flow then it might be time to consider building a single family rental portfolio in Central Indiana.)
The unemployment rate in Indiana is typically below the national average, despite the well-publicized downturn in the manufacturing sector a few years ago. The availability of a skilled productive workforce has attracted new plants and new jobs.
To find out more about SFR opportunities in Indiana, go to the CONTACT US page.