Stay in tune with Indy Real Estate


Welcome to my InvestInIndy blog site. I've created this blog to keep investors up to date on all the latest happenings in the Indianapolis real estate market. Here you'll find timely information on local market trends, articles of interest, upcoming events and our latest cash-flow deals. So be sure to subscribe so you don't miss a thing. And don't forget to share your comments.
Showing posts with label indianapolis real estate. Show all posts
Showing posts with label indianapolis real estate. Show all posts

Tuesday, September 11, 2012

Let Someone Else Fund Your Retirement Account

That's exactly what you're doing if you hold cash-flowing real estate in a self directed IRA. All the rental income goes straight in to your IRA so your renters are funding your retirement account--Not YOU!
 
Many people don't know they can invest in real estate through their IRA, but it is nothing new. The IRS has allowed it since IRA's were created in 1975. Wall Street just doesn't want you to know it since they would rather sell you equities.
 
The Dow Jones is no higher today than it was 12 years ago which means that if your retirement account has kept pace with the Dow, you're no further along today than you were a decade ago! At that rate, will you be able to retire when you want or will you be like the 54% who have to rely on social security and family to make ends meet?
 
 3 Advantages of Owning Real Estate in your IRA:
 
1) Outperforms the Stock Market
 Rental property will easily produce a 12-14% ROI. The Dow Jones has grown only 1.8% per year for 10 years.
 
2) Tax Benefit
All income and appreciation on real estate held in your IRA is tax deferred. Just like any other traditional investments in your IRA, the profits from your real estate holdings will be tax deferred.
 
3) Inflation Hedge
The problem with most traditional investments such as savings, CD's, stocks and mutual funds is that they are not even keeping pace with inflation. The 2012 inflation rate is running at 2.2%. As seen above, the Dow is returning only 1.8% and the S&P is only averaging a measly .43% over the last 10 years while inflation has averaged 2.4% in the last 10 years. Clearly, if your retirement account is not significantly outperforming the financial markets, your futture retirement is being eaten up by inflation. With 12-14% returns on real estate, you will far outperform inflation.
 
It doesn't take a lot to invest in real estate.

If you have just $15,000 in your IRA, you can own income producing real estate that will give you a 14%-16% return.
 
See how you can accelerate the growth of your retirement account.

Download "8 Best Kept Secrets About Investing With Your IRA" from our friends at UDirect IRA Services and learn how you can take control of your IRA today.
 
Click here for your FREE REPORT

To see available propeerties, click here SEE PROPERTIES

Monday, July 9, 2012

Beautiful 8 Unit Indianapolis Apartment

Located across the street from the historic Garfield Park

This beautiful, brick apartment has been meticulously renovated, preserving it's historic art deco style. Large 1 bedroom/1bath each unit. All 8 bathrooms have been upgraded with ceramic tile. new tubs/showers/vanity and toilets. All windows have brand new storm windows. Each unit rents for $500. Total cash flow after all expenses is about $2100 per month. Currently under professional property management.

2525 Shelby St, Indianapolis
Asking Price              $220,000
Total rent                   $4000/mth
Operating expenses   $1492
Cash flow                  $2108              
Cash-on Cash            11.5%                                

For a pro form P&L, Click Here 

E mail me for more information at m.darrigo@sbcglobal.net







                                                                                                 

Thursday, May 24, 2012

This turn-key duplex is a real cash-cow

                       20% ROI!

Check out the cash-flow on this fully rehabbed duplex. Fully rented and cash-flowing over $800/mth! Needs nothing--you'll be cashing those rent checks the first month. Our duplexes don't last long so if you like what you see, don't wait or it will be gone.Check out the kitchen on this one.

For more details and pictures, Click Here

1630-1632 Tabor St, Indianapolis
       Asking price   $47,000

                                                                                                   

Tuesday, May 15, 2012

Indianapolis Rated the Best Market for Real Estate Investment

Inman News examined the demographic and economic data for hundreds of metropolitan areas in the U.S. to determine the best markets for real estate investment. After narrowing it down to the top 10, guess which one came out on top? Read the article to find out.

http://www.inman.com/reports/10-markets-invest/index.html

To see available turn-properties in the best U.S. real estate investment market
Click Here

Wednesday, April 25, 2012

Indianapolis Out-performs the Nation Again

According to Standard and Poors/Case Shiller Home Price Indices report just released, the housing market is continuing to struggle (No surprise there). The 20 city composite index had a 3.5% decline over last February with home prices now at their 2002 levels.  Indianapolis continues to buck the trend however. Indy’s medium home prices were up 5.8% over February 2011. That outpaces any of the 20 cities in the composite index. Phoenix was next at 3.3% above last year.  Atlanta posted the worst numbers—down 17.3%. This was a new low for Atlanta and was the 5th consecutive month of double digit declines for the market.

With numbers like these,  is it any wonder that this born and bred Californian likes the Indianapolis market so much for real estate investment?

To learn more about how you can capitalize on this great opportunity, visit my website at: InvestInIndy

Wednesday, April 4, 2012

Grab This Cash-cow Before it's Gone

We're having an investor tour next week and this will be the featured home. This is a nice 4Br 1.5Ba in a great neighborhood. It's currently rented for $799 and cash-flowing $550 a month. This one will probably be gone after next week so grab it while it's available.

Asking Price: $45,000

Rented for $799

Netting $552 per month cash-flow

15% ROI
                                                                                    3536 Payton Ave, Indianapolis
                                                                                    Located in Warren township
For more pictures and details, Click Here

For more great deals, go to:
 www.bestindianapolisrealestate.com

Wednesday, February 29, 2012

This Weeks Best of the Best


Get over $500 cash-flow from day one!

Asking price: $46,500

Rented for $850

Netting $520 per month cash flow

13% ROI

Tenant on 1 year lease
2102 N. Medford , Indianapolis
Located in Wayne township
                                                                                      
Renovation includes:
New Pex plumbing, new electrical & electrical panel, new gas furnace, new electric water heater, new double hung vinyl windows, new exterior doors & door hardware, new overhead garage door, new flooring throughout, all new outlets and all new light fixtures and more!

Also comes with matching new stove and refrigerator.

Click here to See More Pictures

To see more properties, click here Show Me More Deals

Sunday, February 26, 2012

Strong Indy homes sales in January

How often do we see news like that lately? Not very often, but the Indianapolis market is showing definite signs of a very strong recovery. January showed improvement in all categories of measurement.

Source: Metropolitan Indianapolis Board of Realtors (MIBOR)

Most dramatically, closed sales were up a whopping 38.5% January 2012 over 2011. Last January, 455 homes were sold compared to 630 this January. Pending sales (homes in contract but not closed yet) were also very strongup 18.3% which bodes well for a strong February.

The median price of a home was up 3.2% from $87,900 to $90,750 and for the 3 month period from December 2011 through December 2012, median prices are up 6.7% from the same 3 month period the previous year.

Perhaps the most dramatic and significant sign of recovery, is the number of months supply of inventory on the market. This is a measurement of how many months it will take to sell the current inventory at the current sales rate. Number of months on market dropped to its lowest level in at least 3 years at 7.6 months. This is a very good sign that supply and demand is nearing market equilbrium.

Now is a great time to invest in Indianapolis real estate. See what the Indy market has to offer.
Learn More About Indy