Category: Indianapolis Lessons
$2,900 Per Bedroom in Indianapolis
January 3rd, 2009We just had a researcher submit some very basic information about a house for sale in Indianapolis to us and I wanted to share that with you. From time to time, I'd like to take a property submitted to us by our users that is for sale and show you how changes in one (or more factors) can affect various aspects of your investing. This particular property submitted for Indianapolis, Indiana Real Estate Resources is located at 909 N Tacoma Ave, Indianapolis, IN 46201.
Since this 2 bedroom, 2.00 bathroom property has an asking price of $5,800, let's take a look at what various offers would mean in terms of price per bedroom. Then you can select the offer price you would like to run further analysis on using the Offer Generator.
| Price Paid (% of Asking Price) | Price/Bedroom |
| $6,960 (120%) | $3,480/bedroom |
| $6,670 (115%) | $3,335/bedroom |
| $6,380 (110%) | $3,190/bedroom |
| $6,090 (105%) | $3,045/bedroom |
| $5,800 Full Price | $2,900/bedroom |
| $5,510 (95%) | $2,755/bedroom |
| $5,220 (90%) | $2,610/bedroom |
| $4,930 (85%) | $2,465/bedroom |
| $4,640 (80%) | $2,320/bedroom |
As you can see from the table above, if you know that rents in Indianapolis can support a certain price per bedroom, you can use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.
Until my next post,
James
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Indianapolis Housing: $7,000 Per Bedroom
December 30th, 2008I want to share with you some information about a property in Indianapolis located at 3511 W 12th St. This particular property is for sale and was submitted by one of our researchers, but I'll be using it as an example. If you want to run your own full investor analysis on this property, you can do that using our Offer Generator.
Since this 2 bedroom, 1.00 bathroom property has an asking price of $14,000, let's take a look at what various offers would mean in terms of price per bedroom. Then you can select the offer price you would like to run further analysis on using the Offer Generator.
| Price Paid (% of Asking Price) | Price/Bedroom |
| $16,800 (120%) | $8,400/bedroom |
| $16,100 (115%) | $8,050/bedroom |
| $15,400 (110%) | $7,700/bedroom |
| $14,700 (105%) | $7,350/bedroom |
| $14,000 Full Price | $7,000/bedroom |
| $13,300 (95%) | $6,650/bedroom |
| $12,600 (90%) | $6,300/bedroom |
| $11,900 (85%) | $5,950/bedroom |
| $11,200 (80%) | $5,600/bedroom |
As you can see from the table above, if you know that rents in Indianapolis can support a certain price per bedroom, you can use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.
In case you forgot (or did not know), we have some great resources for people interested in learning how to wholesaler Indianapolis real estate. You can get information about that from our Indianapolis Wholesaler Info page which will show you how to gain access to our Wholesaler Control Panel with everything you'll need to learn to wholesaler real estate.
Keep on investing Indianapolis,
James
Get priority e-mail notifications of new real estate deals, a FREE real estate course and more real estate investor articles. Click here!
Indianapolis Real Estate Deal: $7.10 Per Square Foot
December 29th, 2008I want to share with you some information about a property in Indianapolis located at 1614 Ringgold Ave. This particular property is for sale and was submitted by one of our researchers, but I'll be using it as an example. If you want to run your own full investor analysis on this property, you can do that using our Offer Generator.
Let's take a closer look at some calculations for this 4 bedroom, 2.00 bathroom property located at 1614 Ringgold Ave that has an asking price of $15,000.
| Price Paid (% of Asking Price) | Price/Square Foot |
| $18,000 (120%) | $8.52/square foot |
| $17,250 (115%) | $8.17/square foot |
| $16,500 (110%) | $7.81/square foot |
| $15,750 (105%) | $7.46/square foot |
| $15,000 Full Price | $7.10/square foot |
| $14,250 (95%) | $6.75/square foot |
| $13,500 (90%) | $6.39/square foot |
| $12,750 (85%) | $6.04/square foot |
| $12,000 (80%) | $5.68/square foot |
As you can see from the table above, if you know what a typical Indianapolis property sells for on a price per square foot basis, you can quickly use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.
Have you ever wondered how you can reach thousands of potential sellers in Indianapolis with your own personally delivered message without spending all day on the phone wearing out your voice? The answer is Voice Broadcast. If you're curious about this specialized marketing technique, consider investigating Jassen's CD titled Buying Houses with Voice Broadcast. It may be an eye-opener.
Sincerely,
James
Get priority e-mail notifications of new real estate deals, a FREE real estate course and more real estate investor articles. Click here!
Indianapolis Deal: $20.51 Per Square Foot
December 27th, 2008I want to share with you some information about a property in Indianapolis located at 1943 N Drexel Ave. This particular property is for sale and was submitted by one of our researchers, but I'll be using it as an example. If you want to run your own full investor analysis on this property, you can do that using our Offer Generator.
Let's look at this 2 bedroom, 1.00 bathroom property located at 1943 N Drexel Ave that has an asking price of $16,000.
| Price Paid (% of Asking Price) | Price/Square Foot |
| $19,200 (120%) | $24.62/square foot |
| $18,400 (115%) | $23.59/square foot |
| $17,600 (110%) | $22.56/square foot |
| $16,800 (105%) | $21.54/square foot |
| $16,000 Full Price | $20.51/square foot |
| $15,200 (95%) | $19.49/square foot |
| $14,400 (90%) | $18.46/square foot |
| $13,600 (85%) | $17.44/square foot |
| $12,800 (80%) | $16.41/square foot |
As you can see from the table above, if you know what a typical Indianapolis property sells for on a price per square foot basis, you can quickly use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.
No real estate investor can hope to be successful without knowing how to find deals, and the key to finding great deals in Indianapolis is finding motivated sellers. Here's an audio CD that lets you in on some of these secrets: Drink From The Fire Hose of Motivated Sellers: Deal Finding. In it, you will be reminded of the importance of being on the right side of the desk and will learn about key marketing strategies to get sellers calling you.
Until my next post,
James
Get priority e-mail notifications of new real estate deals, a FREE real estate course and more real estate investor articles. Click here!
Indianapolis, IN Real Estate Investing - Price Per Sq Ft Analysis on Indianapolis Deal
December 23rd, 2008I want to share with you some information about a property in Indianapolis located at 2163 N Linwood Ave. This particular property is for sale and was submitted by one of our researchers, but I'll be using it as an example. If you want to run your own full investor analysis on this property, you can do that using our Offer Generator.
I am going to do do some calculations on this Indianapolis property. It is a 3 bedroom, 1.00 bathroom property located at 2163 N Linwood Ave that has an asking price of $17,000.
| Price Paid (% of Asking Price) | Price/Square Foot |
| $20,400 (120%) | $19.83/square foot |
| $19,550 (115%) | $19.00/square foot |
| $18,700 (110%) | $18.17/square foot |
| $17,850 (105%) | $17.35/square foot |
| $17,000 Full Price | $16.52/square foot |
| $16,150 (95%) | $15.69/square foot |
| $15,300 (90%) | $14.87/square foot |
| $14,450 (85%) | $14.04/square foot |
| $13,600 (80%) | $13.22/square foot |
As you can see from the table above, if you know what a typical Indianapolis property sells for on a price per square foot basis, you can quickly use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.
You might also be interested in finding out how to get great deals from real estate agents in Indianapolis. Not all agents know what investors need, so, it's important for you to learn how to get your real estate agent to help you find great deals.
Until next time,
James
Get priority e-mail notifications of new real estate deals, a FREE real estate course and more real estate investor articles. Click here!
Indianapolis Distressed Property: $2.93 Per Square Foot
December 21st, 2008We just had a researcher submit some very basic information about a house for sale in Indianapolis to us and I wanted to share that with you. From time to time, I'd like to take a property submitted to us by our users that is for sale and show you how changes in one (or more factors) can affect various aspects of your investing. This particular property submitted for Indianapolis, Indiana Real Estate Resources is located at 3325 N Kenwood Ave, Indianapolis, IN 46208.
Let's take a closer look at some calculations for this 4 bedroom, 2.00 bathroom property located at 3325 N Kenwood Ave that has an asking price of $8,500.
| Price Paid (% of Asking Price) | Price/Square Foot |
| $10,200 (120%) | $3.51/square foot |
| $9,775 (115%) | $3.36/square foot |
| $9,350 (110%) | $3.22/square foot |
| $8,925 (105%) | $3.07/square foot |
| $8,500 Full Price | $2.93/square foot |
| $8,075 (95%) | $2.78/square foot |
| $7,650 (90%) | $2.63/square foot |
| $7,225 (85%) | $2.49/square foot |
| $6,800 (80%) | $2.34/square foot |
As you can see from the table above, if you know what a typical Indianapolis property sells for on a price per square foot basis, you can quickly use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.
Do you need to find more motivated sellers in Indianapolis? Could your day as an investor be spent more productively? If you're like the rest of us, then the answer to both of these questions is probably YES! That's why I'm confident that you will hear some valuable tips in Jassen's audio CD: Back to Back to Back Motivated Seller Appointments. Learn stategies to keep yourself busy doing the most profitable part of this business: meeting with very motivated sellers who have great deals!
Until my next post,
James
Get priority e-mail notifications of new real estate deals, a FREE real estate course and more real estate investor articles. Click here!
The Effect of Appreciation on Indianapolis, IN Real Estate Deals
December 19th, 2008I want to share with you some information about a property in Indianapolis located at 21 E Caven St. This particular property is for sale and was submitted by one of our researchers, but I'll be using it as an example. If you want to run your own full investor analysis on this property, you can do that using our Offer Generator.
In this particular example, let's take a look at what happens to the value of the property over a number of years from appreciation.
| Years From Now | Value |
| Assumed Appreciation Rate: 5.7% | |
| At Purchase | $5,179 |
| Year 1 | $5,475 |
| Year 2 | $5,787 |
| Year 3 | $6,116 |
| Year 4 | $6,465 |
| Year 5 | $6,834 |
| Year 6 | $7,223 |
| Year 7 | $7,635 |
| Year 8 | $8,070 |
| Year 9 | $8,530 |
As you can see from the table above, if we assume an appreciation rate of 5.7% per year, then the property value eventually reaches $8,530 after 10 years.
Have you been trying to break into the real estate business, but have little or no money to invest? If you have time and persistence, you may find some really useful strategies in Jassen's CD Cash For Deals: Investing In Real Estate When You Have No Money. Don't miss out on the exciting real estate market in the Indianapolis area because of your spare cash shortage!
Until my next post,
James
Get priority e-mail notifications of new real estate deals, a FREE real estate course and more real estate investor articles. Click here!
$6,500 Per Bedroom in Indianapolis
December 18th, 2008We just had a researcher submit some very basic information about a house for sale in Indianapolis to us and I wanted to share that with you. From time to time, I'd like to take a property submitted to us by our users that is for sale and show you how changes in one (or more factors) can affect various aspects of your investing. This particular property submitted for Indianapolis, Indiana Real Estate Resources is located at 3283 Ralston Ave, Indianapolis, IN 46218.
Since this 2 bedroom, 1.00 bathroom property has an asking price of $13,000, let's take a look at what various offers would mean in terms of price per bedroom. Then you can select the offer price you would like to run further analysis on using the Offer Generator.
| Price Paid (% of Asking Price) | Price/Bedroom |
| $15,600 (120%) | $7,800/bedroom |
| $14,950 (115%) | $7,475/bedroom |
| $14,300 (110%) | $7,150/bedroom |
| $13,650 (105%) | $6,825/bedroom |
| $13,000 Full Price | $6,500/bedroom |
| $12,350 (95%) | $6,175/bedroom |
| $11,700 (90%) | $5,850/bedroom |
| $11,050 (85%) | $5,525/bedroom |
| $10,400 (80%) | $5,200/bedroom |
As you can see from the table above, if you know that rents in Indianapolis can support a certain price per bedroom, you can use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.
By the way, have you ever considered the benefits of meeting with other real estate investors on a regular basis to talk over different investing strategies? Masterminding with other investors is a powerful tool that many successful investors use to stay on top of their game. If you're not already doing it in Indianapolis, then you should start!
Until next time,
James
Get priority e-mail notifications of new real estate deals, a FREE real estate course and more real estate investor articles. Click here!