Emergency!   Calling All Investors!!

I currently have a home listed for sale that I have not been successful selling.  Long story short, seller reneged having home staged as he promised to do once his current tenants moved out.Front of Carriagestone

Since it did not sell, he asked me to also list it for lease.  It is a very typical, three bedroom, two bath, 1,400 square foot house.  At $1,100, it is among the lowest of only 37 homes currently on the market for lease in Fishers, Indiana.  I have had no fewer than 20 inquiries. Luckily one of my assistants is handling the showings on this.

What this tells me is that Fishers, Indiana is in dire, desperate need of homes to lease at $1,100 or less.  So where are the investors??  Where are the people who can pay cash for the 76 homes currently on the market in Fishers for less than $150,000 and then turn around and lease them?  What other investments will give you a 10% or better return on your investment?

Emergency!  Calling all investors!! Please consider making rental properties your new money maker!

Search ALL Indianapolis Area Homes for Sale


Pat Haddad, ABR, CDPE, CRS, e-Pro, GRI

Haddad Team, Keller Williams Realty

317-840-7555

Pat@HaddadTeam.com

Indianapolis real estate and the surrounding areas of Carmel, Fishers, Geist, Morse, Noblesville, Westfield, Zionsville, and everywhere in between!  Whether you are buying or selling a home, I'll be with you every step of the way.

Indianapolis home search        Home Value button

Twitter  Facebook  Linked In

 

 

 
This post has been included in Indiana Real Estate News Hamilton County, IN Real Estate News Fishers, IN Real Estate News
Post is included in group: 31 Days of May Challenge 2011
Post is included in group: ActiveRain Contests
Post is included in group: Addicted to Active Rain
Post is included in group: Localism Success and Accountability Group
Post is included in group: Posts to Localism

8 Comments on Emergency! Calling All Investors!!

MAY
01
2011
285,665 Points Called Shot Master

Good Call out Pat. It is a good time in the US for investors to be coming out,

 helping themselves and the economy.

cheers

Nor
10:37pm • #1
1,652,693 Points 134 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Pat,

Your points are well made and you'e put the call out there.  Hopefully it will be a wake up call for investors looking for homes in the Fishers area.
10:38pm • #2
469,049 Points 18 Featured Posts Localism Sponsor Hit Router Attended Rain Camp Called Shot Master

Nor--Wish I had lots of extra money I could use for this purpose!
10:56pm • #3
469,049 Points 18 Featured Posts Localism Sponsor Hit Router Attended Rain Camp Called Shot Master

Judi--It is like this in most of the areas I serve, I will bet it is this way across the country!
10:57pm • #4
MAY
02
2011
877,793 Points 48 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

It looks like a nice home to me! Hopefully those investors will see this and come running!
12:09am • #5
879,351 Points 10 Featured Posts Outside Blog

Pat - todays low interest rates are encouraging small investors back into the rental market ..... hopefully they know the risks and the rewards side of rental properties
12:39am • #6
167,045 Points 4 Featured Posts Outside Blog

Hmmm, I think you may be on to something there....
12:06pm • #7
469,049 Points 18 Featured Posts Localism Sponsor Hit Router Attended Rain Camp Called Shot Master

Joni--I feel so sorry for the folks who cannot find a home to rent!

Kathy--I would have to believe that the rewards outway the risks!

Brenda--I know I am.  Wish I had some extra cash gathering dust!
10:01pm • #8


What does the graphic say?
Leave a response…

(optional)
Spam Prevention:
 
Resized_color_pat Ambassador_large

Pat Haddad * Carmel Indiana Real Estate Agent

Carmel, IN

More about me…

Keller Williams Indianapolis Metro NE

Address: Carmel, Fishers,Indianapolis, Noblesville, Westfield, Zionsville, ,Geist & Morse Reservoirs

Office Phone: (317) 840-7555

Cell Phone: (317) 840-7555

Email Me



Listings
Melbourne%20large%20front
$170,000
3 br, 2½ ba, 2,040 sqft
Inviting home on quiet street in the Pike Township Morningside neighborhood. ...

Links

Archives

RSS 2.0 Feed for this blog

Find IN real estate agents and Carmel real estate on ActiveRain.