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00:00 Hey, Dave here on the BiggerPockets Cashflow Roadshow. I'm here with agent in Indianapolis,
00:05 Jess Williams. Jess, tell us about the Indy market.
00:08 All right. So Indy specifically, if you're looking out of state or in state, a lot of
00:11 people are going to come here for appreciation and maybe even cash flow. If you're looking for
00:15 cash flow, you're probably going to have to get a little bit creative, whether that's midterm,
00:18 maybe even rent by the room strategies. Now you can find cash flowing on the market. Absolutely.
00:23 It's going to take a little bit of digging and it's going to take a little bit of negotiating,
00:26 but you absolutely can. And with the market that we're in, you can definitely negotiate from a
00:30 buyer's perspective these days. So Indianapolis on paper, it's a great market, a lot of fundamentals.
00:35 Why are people moving here and why is the housing market been so strong? Honestly, for that it's
00:39 affordability. I mean, when you look at what you can get here versus nationwide, this is the place to
00:43 be. And if you're a sports fan, basketball, this is the state for you. Yeah. The median home price
00:47 here in Indianapolis is almost half of what it is in the rest of the country, but it still has a
00:51 booming economy, a great jobs market. It's why we came here to Indianapolis to check out the housing
00:57 market.
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