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Propertymagnets

Lease Purchase in Indianapolis, IN

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Dear Naked Investor Members;

 

I am requesting your help!

 

I have a 3/1 renovated home in Indianapolis that I am looking to sandwich lease option. I will require $2,250.00 non-refundable option consideration, with the home purchased within 3 years. The home is to be sold for $47,250.00 at the time of exercising the option. Monthly lease of $700.00. The property is free and clear. Currently taxes are $236.00 and Insurance is $450.00. I have a property manager manage the property. This home is located on the north side of Indianapolis on West 35th. Street.

 

Being from Indianapolis, I know this area. It's in the inner city in a predominately African American community, and that may be a drawback to some. This home will work for someone who wants a starter home. I appreciate any and all feedback as well as conversation with people who may be interested or know someone who would be.Pictures of the property are available upon request. I will send them to your personal email.

 

With Respect,

 

Charles

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Charles, what marketing so you have going on so far? I'm assuming a lawn sign and multiple sources online. What about locally? Is your property manager aiding with this at all?

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Hi Michael,

 

The property manager is aware and any new renters (that might qualify for a L/O) will be referred to me.I have chosen to leave signs out of the yard to avoid any intrusions by unscrupulous persons. I do know this area. While I would chose to not live there, others will find a nice home in a transitory neighborhood to their liking.

Craigslist will be my major ad choice followed by my website.

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Backpage.com and ebayclassifieds are free, as is Postlets.com. Might as well include them in your marketing.

Sellpoint.com charges a fee, but might be worth checking out.

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Thank you!

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