Indianapolis Duplex
Author: admin / Category: Indiana Real Estate, Real Estate, US Economy, US Real EstateWe started looking at real estate investing when we were in Vancouver, Canada. However, because of the prices and low rates of return for real estate in Vancouver, we looked elsewhere for real estate investments. The proverbial grass is greener on the other side of the fence saying comes to mind, doesn’t it?
To keep the introduction short, we attended a number of real estate seminars on investing in residential real estate, multifamily investments (meaning two or more units), foreclosures, probate sales, auctions, etc. By the time we’d attended so many seminars, we were tired of going to seminars, and we wanted to actually buy something. We had completed a fair amount of research on the subject, and determined that Indianapolis was the best place in the USA to purchase cash flow properties. So, we waited until our mentor, Jeff Schnitter (Robert Allen’s foreclosure expert) was having a bootcamp in Indianapolis on foreclosures.
We signed up for it as soon as we heard about it. During the seminar, we found out they were doing field training in Indianapolis to buy property, so we signed up for that as well. We both went out with different field trainers in Indianapolis (Julia went with the husband’s group, and I went with the wife’s group). We learned a lot from our experience there.
Take a look at the pictures of the house. You can see what it looked like before rehab. What it looked like during rehab. And what it looked like after rehab.
