2939 Broadway – 4 Bedroom 1.5 bath SFH in a heavy revitalization area. Mapleton Fall Creek. Purchase price: $84,000 Rented to excellent tenants at $950/month. Hold this one for 3 – 5 years and then… FLIP it. Maybe even sooner 🙂 Homes are being renovated all over this area. This neighborhood is located in…
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Urban Indianapolis Real Estate
Trust is Built Over Time A real estate investing story told by Joey Noel of RookieRealEstateInvestors.com Things started off really good with my turnkey investments. No repairs, no vacancies, and no complaints. The money was rolling in and life was good. I thought it was easy. You find a house, buy it, rent it,…
Read MoreTurnkey Properties are investment houses that are rehabbed and either rented or are ready to be rented. The advantage of buying rehabbed and rented properties is predictability and speed. Your money is immediately put to work and producing cash flow. Wholesale properties are not yet rehabbed and usually need quite a bit of work…
Read MoreIt might take a year or it might take 5 years, but for simplicity lets call it the “3 year flip”. The 3 year flip is a very simple strategy. Its a hybrid of a flip and a buy and hold. What we are doing here is buying houses on the out skirts of where…
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