At Owens Consulting Group we realize that investing in Real Estate
can be complex and that there are many perceived barriers. We take
away those barriers so that you can become a successful investor.
Our primary target markets are Memphis, TN and Indianapolis, IN due
to some of the positive economic indicators.
Indianapolis is the country’s 13th largest
city and part of the 33rd largest Metropolitan Statistical Area with
nearly 1.7 million residents. Indianapolis has a healthy and growing
economy and has diversified itself sufficiently enough to avoid much
of the turmoil that has plagued other industrial-based Midwestern
economies. The primary industries are manufacturing, distribution,
insurance, financial operations and agriculture. Indianapolis is
home to pharmaceutical juggernaut Eli Lilly, as well as Allied Gas,
and Allison Transmissions and it is a distribution hub for the
Midwest with amazon.com building a distribution center right outside
of the city. Indianapolis population is projected to grow by 19% by
2020.
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Indianapolis Real Estate Market
Little or no depreciation risk
Indianapolis has one of the
highest monthly rent to price ratios in the nation
PMI risk index ranks Indiana as
the 5th least likely metropolitan area to depreciate
in the next 2 years
A recent study by Moody’s
Economy.com ranked Indi as the 2nd most undervalued
city in the U.S.
Predicted home price
appreciation of 6.3% in 2009
Over the past 20 years,
Indianapolis has not had a single quarter in which
home prices declined.