Buying rental property can make you rich! Here is a quick excerpt of the show.And I thought , this is a time to talk about it and really go over it in case anybody you know anyone, or you have any interest in the possibility of financing a rental property or owning rental properties. This could be something you own, you're looking at short term, you want to buy something, do the renovations, put it back on the market and sell it in this market or maybe something you want to long term rent. There are different reasons to do that. You rent it out, some people will buy a home that later they want to live in but they don't want to live there yet. They buy it and rent it out till they get to that point. Some just want long term rental. They want to take that appreciation we were talking like was last week with Jeremy Page, he said the appreciation rate in Indiana for 2021 was 19%. He projects that the rate will be six to 7% in 2022. Although he says he's being very conservative on that, and we're seeing most people are thinking we're going to be more in the nine to 10% range, no telling, but that's what they're thinking, it is a great way to increase your wealth. And additionally with the home values, which have increased to record levels, like we talked about, and rents have increased at somewhere between five and 12% Year over year, depending on if you look at somebody who just renewed their lease or somebody who's getting a new lease on a property. Connect with Us:For more episodes of Indy's Real Estate Gurus, visit IndysRealEstateGurus.com. Join our community for more insightful real estate discussions, tips, and expert advice. Don’t forget to subscribe to stay updated on the latest episodes! Follow Us on Social Media: Facebook: Indy's Real Estate Gurus Twitter: @IndysREgurus Instagram: @indysrealestategurus Contact Us:Have questions or want to get in touch? Email us at [email protected] or call or text us at 463-223-9592. We love hearing from our listeners! Support the Show:If you enjoy the podcast, please leave us a review on your favorite streaming platform. Your support helps us grow and reach more real estate enthusiasts like you!

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