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Bold 2025 Predictions, Off-Market Deals, Triplex in Fountain Square, and more!
The Indy Investor Update #101
Tyler Lingle
January 16, 2025
Welcome to 2025 fellow Indy Investors!
This year we have even more real estate & investing content, as well as a new look with this newsletter… ie. more unique Indy deals sourced directly to you. I am finally test driving a new newsletter host (Beehiv) and so far I am liking it… Part of the reason:
If you hate reading newsletters in your email just press Open in Browser for a less distracting read — my two pennies of advice.
Here’s how I’ll be organizing this newsletter in 2025:
What I’m Up To — I’ll share investments I’m taking steps to take, what’s occupying my time & attention, and things I want to share!
Unique Deals — One of each: Off-Market Deal, Indy Retail Deal, Roots Listing Deal.
Best Content I’ve Consumed in the Past Week — I’ll share a podcast, YouTube clip, blog post, etc that racked my brain about real estate, entrepreneurship, life, etc.
Market Update — Literally the quickest and most high-level real estate market update available on Indy.
Upcoming Events — It’s no surprise our team hosts some of the best real estate events in Indianapolis, so I’ll share the invite, per usual!
What I’m Up To…
My business partner and I launched our podcast! 🎉
I’ve been pumped to see the reaction to our first podcast episode… We have gotten about 250 listens which greatly exceeded my expectations to be honest.
The purpose of the pod is to discuss how to Plant Roots (in Indy) and Build Wealth (in life).
Getting into long-form content has been a desire for awhile but we finally had the passivity from our real estate business (and capital) to make the jump! (S/O our producer AJ Kallas who is doing all the heavy-lifting / producing)
We will be interviewing business owners & real estate entrepreneurs in Indy, as well as some internal episodes talking about our own experiences (and failures).
In other news personally…
Over the break in Christmas / New Year’s I also went under contract on a new duplex BRRRR project: 5812 N College Ave
I structured this as a partnership, partner is bringing the cash and I’m bringing the deal & the knowledge / process
The Numbers:
$330,000 Purchase
$70,000 Reno (full cosmetic both sides, new roof, new exterior paint)
ARV: $475-500K
Hope to refinance and pull most of my investor’s cash out…
This Week’s Deals 🔥
Off-Market Deal 🔥
Single-Family Home, Vacant
3 beds, 2 baths, 1268 sqft.
Garage could be made into additional living space
Asking $174,900
ARV: ~$250-275,000
Cosmetic High-end Value-add 🔥
3 bed, 2.5 bath, 4298 sqft.
Home gym in basement
Excellent owner occupant play in Meridian Hills!
ARV: $700,000
Indy House Hack 🔥
Triplex (3 units)
Vacant
Asking $399,900
Roots Listing Deal 🔥
651 Division St. - Valley Neighborhood, Downtown Indy
Tenant Occupied, Lease Up this month, Rent $1000 / mo
Fixer Upper
Asking $97,000
ARV ~$150-160,000 (or tear down)
Needs: Roof, landscaping, renovation in general
As always, if you have interest in these deals email me ([email protected]) or text / call 317.443.5258.
The Best Content I’ve Consumed This Week 🎙️
The Roots Podcast Ep 1. — Alright I know what you’re thinking… Seriously he picked his own podcast?! But seriously, Max (co-founder) and I share our journey building Roots Realty Co, how we got into our first investments, mistakes learned the hard way in building business. LISTEN! I promise you’ll get something from it!
25 Bold Economic Predictions for 2025 — You’re going to hear me mention Andreas Muller’s Newsletter a lot… It’s fantastic…. It goes deep into housing market / economic nitty gritty to post skeptical investor takes. These takes are fire.
Market Update 📈
Prices have remained very strong, in June we set Median Price record of $315,000, since have gone down in a seasonal downswing.
Active Inventory was quite up back half of year in 2024, but now going down (seasonal).
2 month’s of active inventory, a balanced market is 6-7 month’s of inventory.
Days on Market is up. Listings are sitting a tad longer. Excellent time to use leverage against seller’s to scoop deals under asking.
Upcoming Events 🗓️
Thursday, January 16th, 4-5:30pm — Real Estate Happy Hour hosted at Off-Leash Construction — Find details here!
Thursday, March 6th — 5-8pm — Roots Real Estate Masterclass — Topic of Discussion is Property Management Mastery with a panel of 3 property management pros! Find details here!
Thanks for the read!
Roots Realty Co. is a brokerage team part of the @properties brokerage in Indianapolis. We specialize in helping homeowners & investors Plant Roots & Build Wealth. We offer unique insights into Indy / Investing but also one-of-a-kind networking and education events. Come meet us!
Welcome to 2025 fellow Indy Investors!
This year we have even more real estate & investing content, as well as a new look with this newsletter… ie. more unique Indy deals sourced directly to you. I am finally test driving a new newsletter host (Beehiv) and so far I am liking it… Part of the reason:
If you hate reading newsletters in your email just press Open in Browser for a less distracting read — my two pennies of advice.
Here’s how I’ll be organizing this newsletter in 2025:
What I’m Up To — I’ll share investments I’m taking steps to take, what’s occupying my time & attention, and things I want to share!
Unique Deals — One of each: Off-Market Deal, Indy Retail Deal, Roots Listing Deal.
Best Content I’ve Consumed in the Past Week — I’ll share a podcast, YouTube clip, blog post, etc that racked my brain about real estate, entrepreneurship, life, etc.
Market Update — Literally the quickest and most high-level real estate market update available on Indy.
Upcoming Events — It’s no surprise our team hosts some of the best real estate events in Indianapolis, so I’ll share the invite, per usual!
What I’m Up To…
My business partner and I launched our podcast! 🎉
I’ve been pumped to see the reaction to our first podcast episode… We have gotten about 250 listens which greatly exceeded my expectations to be honest.
The purpose of the pod is to discuss how to Plant Roots (in Indy) and Build Wealth (in life).
Getting into long-form content has been a desire for awhile but we finally had the passivity from our real estate business (and capital) to make the jump! (S/O our producer AJ Kallas who is doing all the heavy-lifting / producing)
We will be interviewing business owners & real estate entrepreneurs in Indy, as well as some internal episodes talking about our own experiences (and failures).
This Week’s Deals 🔥
Off-Market Deal 🔥
Single-Family Home, Vacant
3 beds, 2 baths, 1268 sqft.
Garage could be made into additional living space
Asking $174,900
ARV: ~$250-275,000
Cosmetic High-end Value-add 🔥
3 bed, 2.5 bath, 4298 sqft.
Home gym in basement
Excellent owner occupant play in Meridian Hills!
ARV: $700,000
Indy House Hack 🔥
Triplex (3 units)
Vacant
Asking $399,900
Roots Listing Deal 🔥
651 Division St. - Valley Neighborhood, Downtown Indy
Tenant Occupied, Lease Up this month, Rent $1000 / mo
Fixer Upper
Asking $97,000
ARV ~$150-160,000 (or tear down)
Needs: Roof, landscaping, renovation in general
As always, if you have interest in these deals email me ([email protected]) or text / call 317.443.5258.
The Best Content I’ve Consumed This Week 🎙️
The Roots Podcast Ep 1. — Alright I know what you’re thinking… Seriously he picked his own podcast?! But seriously, Max (co-founder) and I share our journey building Roots Realty Co, how we got into our first investments, mistakes learned the hard way in building business. LISTEN! I promise you’ll get something from it!
25 Bold Economic Predictions for 2025 — You’re going to hear me mention Andreas Muller’s Newsletter a lot… It’s fantastic…. It goes deep into housing market / economic nitty gritty to post skeptical investor takes. These takes are fire.
Market Update 📈
Prices have remained very strong, in June we set Median Price record of $315,000, since have gone down in a seasonal downswing.
Active Inventory was quite up back half of year in 2024, but now going down (seasonal).
2 month’s of active inventory, a balanced market is 6-7 month’s of inventory.
Days on Market is up. Listings are sitting a tad longer. Excellent time to use leverage against seller’s to scoop deals under asking.
Upcoming Events 🗓️
Thursday, January 16th, 4-5:30pm — Real Estate Happy Hour hosted at Off-Leash Construction — Find details here!
Thursday, March 6th — 5-8pm — Roots Real Estate Masterclass — Topic of Discussion is Property Management Mastery with a panel of 3 property management pros! Find details here!
Thanks for the read!
Roots Realty Co. is a brokerage team part of the @properties brokerage in Indianapolis. We specialize in helping homeowners & investors Plant Roots & Build Wealth. We offer unique insights into Indy / Investing but also one-of-a-kind networking and education events. Come meet us!
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