Indianapolis is best known for the Indy 500 and being the “Racing Capitol of the World.” ESPN called Indianapolis the “#1 Pro Sports City in America,” as it is home of the Colts (2008 NFL Champs), the Pacers, Indiana Ice, and the Indianapolis Indians.

Indianapolis is the 12th largest city in the Nation and the capital of Indiana. The metro area has the highest job growth in the Midwest, with an influx of technology parks, bio tech and medical research. Some of the major employers are Eli Lilly, Purdue University, Indiana University, Rolls-Royce, FedEx, and SBC Indiana, just to name a few.

The city has gone through a dramatic revitalization and a stunning renaissance that makes it a different place than it was just a decade ago, attracting 22 million tourists every year. It is known as the Crossroads of America because half the nation’s population is within a day’s drive.

With all this job and population growth, surprisingly Indianapolis is also one of the most affordable cities in the country. Low home prices and high rents make for the perfect storm. We are a highly experienced team of professionals in Indianapolis who specialize in wholesale properties. All properties are fully renovated, come with 25% real equity (not inflated appraisals) and incredible cash flow with less than 10% down. Experienced property management is in place to provide turn-key investing. Creative financing is also available.

Indianapolis Facts and Statistics:

• Business 2.0 Magazine ranked Indianapolis #2 in the top 10 major metro areas poised for a housing rebound in 2013.
• Forbes Magazine ranked Indianapolis the #1 most affordable place to own real estate.
• NAHB also listed Indy as the most affordable housing market in the nation, compared to salaries.
• CNN Money said “Indianapolis’s economy and housing prices to grow fastest in the nation.
• The Indianapolis Star – $750 million dollar Business Park is expected to become the largest concentration of jobs in Indiana.
• Forbes Magazine – Indianapolis is one of the top 10 best places in America to start a business or career.
• Expansion Management Magazine – Indianapolis’ MSA is among the “top 50 hottest cities in the nation” and is recognized for having a low cost of doing business, quality workforce, and a strong economy.
• Battelle Memorial Institute (Battelle) and the Biotechnology Industry Organization (BIO) ranked the Indianapolis Metropolitan Statistical Area (MSA) as the nation’s ninth largest in total biosciences employment.
• Indianapolis is 10th in the nation when it comes to the production of fast-growth, super achieving companies. Indy has had 88 companies on past lists. – Inc. Magazine
• Indianapolis had the highest rate of job growth of 25 major metropolitan areas in the Midwest. Between 1195 and 2005, total employment in the Indianapolis region increased by 17 percent, outpacing the national job growth rate. – The Brookings Institution in Washington, D.C.
• Indianapolis ranked as the third most cost-effective city in the nation for business. – KPMG
• Entrepreneur magazine and the National Policy Research Council have named Indianapolis as the fifth hottest large city for entrepreneurs in the United States.
• Indianapolis was ranked as one of the “Top 40 Real Estate Markets in the U.S.,” based upon its attractiveness to growing companies trying to decide the best city to expand or relocate a new facility. – Expansion Management
• According to John Burns’ Housing Baromoter, Indianapolis housing is ranked as “undervalued in comparison to history” (0.0 on a scale of 1-10, with 10 being the highest risk of housing correction), and only 18% of household income is spent on housing. It is rated as the 3rd most undervalued housing market in the U.S.
• Best City for Renters, No 1: Indianapolis, IN – Forbes
• Ranked as the #1 market in the U.S. for Real Estate Investors: Inman News 2011
• Ranked #1 city in the country for Good Jobs and Affordable Housing: Investopedia 2011
• Ranked #7 in the Top 10 Metro Cities for Economic Growth Potential
• Ranked #8 in the Top 10 Metro Cities with the Best Cost of Living
• Ranked 4th Most Affordable City in the US: Forbes 2011
• One of the country’s Top Markets for Return on Rental Properties: Forbes 2009
• Over 1% Rent-to-Price ratios
• Most affordable major housing market
• Indiana rated 2nd most landlord friendly state
• 45% of population are renters
• Among highest CAP rates in the nation
• Vacancy rates below national average

 READ THE INDIANAPOLIS REGION MARKET OVERVIEW