Market Overview 2019

Indianapolis, Indiana

Metro population:

2.1 m

Median Home Income:

54,000 dollars

Unemployment rate:

3.3%

Median House Price:

119,000 dollars

Median monthly rent:

1,133 dollars

With a metro area of ​​nearly two million people, Indianapolis is the second largest city in the Midwest and the 14th largest in the United States. The city has poured billions of dollars into renewal and is now ranked among the best and most vibrant cities, according to Forbes.

A city of about 850,000 people, indie has long been known as a center for the production of air conditioners, cars and car parts and more. However, like most cities in the US, the indie manufacturing industry has shrunk greatly. But, they did not give up. In fact, they did just the opposite. In the last decade the city has steadily and quietly become a national center for new technology.

Today, Indianapolis is home to more than 150 technology companies, including Salesforce, Angie's List, MOBI, and an organization called TechPoint that aims to promote and accelerate the growth of the Indiana technology community.

Some of the factors that make indie attractive to technology companies include low cost of living, limited government regulation and a steady stream of qualified candidates from a number of local (and prestigious) universities. In fact, indie offers technology workers a much more lucrative life compared to the East and West coasts. For example, a tech worker who earns $ 100,000 a year in Indianapolis would have to earn $ 272,891 to get the same standard of living in San Francisco. [Bestplaces .net].

Why invest here?

Indianapolis still offers great opportunities for buying and holding real estate investments. This is especially true for investors who want to invest in a thriving technology community, where you can still purchase offshore assets that are well below market value - between $ 70,000 and $ 130,000.

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Known primarily for its annual balloon fiesta and as part of AMC's performance show "Breaking Bad," Albuquerque, New Mexico, is a metropolitan area rich in culture and naturally beautiful. Albuquerque is also one of the largest cities in the southwest of the city, with a diverse population and some of the leading high-tech research enterprises in the country, including National Sandia Laboratories, Intel and the University of New Mexico. At the same time, its cultural traditions continue to be an integral part of daily life in the city. With one foot in the past, one foot in the present and two eyes for the future, Albuquerque is a fascinating place to visit and an even better place to call home. (Source: (https://www.visitalbuquerque.org/about-abq/history/)

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Lior Lustig

Lior Lustig CEO - Overseas Investors Forum

Lior Lustig is an experienced real estate investor who has been active in the field in Israel and the United States since 2007. Lior has extensive experience in purchasing and managing single and multi-family properties.
Lior currently manages the Real Estate Investors Forum, which owns a brand and interest in the real estate field, the Facebook group and the "Real Estate Forum in the United States" website. Lior is versatile in a wide variety of investment markets in the United States and provides solutions to investors through the company.

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