Summary: Why invest in Indianapolis?<br> <br> On this episode we take a close look at the Indianapolis, Indiana market and why it has been a perennial market for real estate investors. The affordability, price points and quality of properties makes it one of the favorite markets among real estate investors.<br> <br> The Indianapolis market is landlord friendly, and ranks as one of the cleanest and safest cities in the country.<br> <br> If you're looking for cash-flow in a solid stable market then Indianapolis turnkey rental properties may be the right addition for your portfolio. Find out more by contacting one of our Investment Counselors at Norada Real Estate Investments.<br> <br> If you missed our last episode, be sure to listen to My Father’s Passing, Best Way to Get Started, Due on Sale, IRA Exit Strategy.<br> <br> Enjoy the show!<br> <br> - - - - - - -<br> <br> Download your FREE copy of:<br> The Ultimate Guide to Passive Real Estate Investing.<br> <br> Get your FREE coffee mug by leaving us a Rating and Review on iTunes. Here's how.<br> <br> See all our available Turnkey Investment Properties.<br> <br> Please give us a RATING & REVIEW (Thank you!)<br> <br> SUBSCRIBE on iTunes | Stitcher | Podcast Feed <br> <br> <br> Market Spotlight: Investing in Indianapolis<br> It’s my pleasure to introduce one of our local market specialists in the Indianapolis market. Michael is one of our partners. We’ve been working with him for many, many years. In fact, it goes back to about 2008. He has been buying, rehabbing and selling turnkey investment properties in the Indy market since 2008. He has bought and sold 600 or maybe even more than 600 homes in that time frame. I’m glad to have met him a long time ago. We’ve had a great working relationship. I’m going to welcome Michael to the show.<br> <br> Thank you, Marco, my friend. I’m glad to be here. Obviously, you and I are both are passionate about what we do and we like to help our investors out. I think your numbers are probably about the same as mine. We’re close to about 65%-75% of our businesses repeat and referral business. Glad to be a part of the team.<br> <br> I’ve been wanting to do a market spotlight on the Indy market for a while now. This is our third one and we’ll probably do one for every single market. Indy is a popular market. It’s what I call a perennial market. We always get interest in it because it’s one of those linear markets. It doesn’t go up and down, like the Coastal markets of the US. Michael, tell us how you got involved in real estate. I always like to start off with a little bit about you and your background so people get a perspective and a context of where you’re coming from.<br> <br> <br> <br> My background is in the stock market. I enjoy trading stocks and options. I love it. I just really enjoy either developing passive income or structuring passive income for myself. As fate would have it, my story is hopefully new and not familiar to you. When I was 31 years old, my dad passed away. My mom needed a steady source of income that didn’t rely on the stock market or any other investments. At that time, I think I had five or six homes at the time. My stock market investments would go up and down. A few of my other things were spotty at best. My Indianapolis real estate was just pretty consistent. It didn’t double in value in a year or two, but all it did is send me checks every single month. That's really what my mom needed and wanted. I have done deals in about five different states, but my holdings and my consistent cashflow came from the Indianapolis market. With that positive experience underneath my arm, I decided to build a company that was built by investors for investors, as I like to say, in that area. It has gone gangbusters ever since.<br> <br> You do put up a great product. I think that was a very smart decision to make that shift a...
