Indianapolis Is Top Place To Be A Landlord 

If you live in Indianapolis or Indiana for that matter and want to expand your long-term investment portfolio, becoming a landlord is a worthy option.

CNBC has ranked Indianapolis as top place for landlords.

Interest rates remain remarkably low, which makes financing an investment home easier. Low rates also have investors looking for higher yield, and single-family rental homes are an attractive option. Not only do they offer a steady, monthly stream of income, but as home prices continue to rise, the value of the initial investment increases as well.

Like all real estate, investment returns are variable and local. Markets that command the highest rents do not always offer the highest rental returns. HomeUnion, which helps investors obtain and maintain rental properties, ranked the 10 best and 10 worst markets for real estate investing in the first quarter of this year, based on first-year returns, or the “capitalization rate“:

Midwestern cities are also seeing something of a rebirth, especially in downtown and near-downtown areas. Millennials in search of jobs and lower costs are revitalizing those cities, and employers are paying attention.

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