Welcome to another episode of Passive Real Estate Investing. I'm your host, Marco Santarelli. Well, I decided to do another market spotlight today. I haven't done Indianapolis for a while, and so I thought I'd bring on my good friend and property provider, Michael from who knows where he is in a different state every time I talk to him. So I never know if he's in Florida or Columbus or in Indianapolis.

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But Michael, Hey, welcome back onto the show.

Hey, thank you, Marco. Thank you. It's been a minute. I, I asked you on the show, you said you've been doing this for almost nine years now, so congratulations.

Yeah, 2015 is when we launched the, the podcast. Yeah. It's been a long time. Yeah. It doesn't feel like nine years, but it's been nine years . So it's, it's all fun. But for those of you who listening to this and don't know Michael, Michael is, you know, one of our great property providers in the Indianapolis, Indiana metro area. We've been working with Michael for, man, how long has it been? 12 years, over

Nine years. .

Yeah. It's been a long time. And, you know, Indianapolis is one of those markets that, for us, has been a perennial market. We've been in Indianapolis, not necessarily having inventory in, in Indianapolis all the time, but we've been in and out of Indianapolis for a very, a very long time. And the nice thing about Indianapolis is it seems that the numbers make sense there all the time. And there is inventory there almost always. And that's great because if you're a real estate investor looking for a stable market where there is inventory and the numbers make sense, Indianapolis is definitely a choice. Like, it's definitely one of the markets to look at. So, Michael, today, I think what it would be great to do as a market spotlight is talk about why we should invest in Indianapolis. And I'm gonna drill down into some specifics as we go. Sure. But I always like to start off by asking the question, like, why would you as a real estate investor look at Indianapolis as an option?

Great question. Great question. My background and how I found Indianapolis specifically is I took a position a while ago working at a, a company called Rich Dad Seminars. You've some, I think everyone's heard of Rich Dad, poor Dad, and then some people are like, I've never heard of him. But anyway, it was Guy Robert Kiyosaki. He was very big in, you know, teaching people financial intelligence. Right. And it was actually through him, it was one of his favorite markets. And then what happened is that I worked in a company that, one of my coworkers was an executive at UPS. If you don't know, UPS it was a private company, went public. And, you know, he did very, very well when it went public. So I was very, very interested in it. So with all that in mind, when I started doing my due diligence or why someone would be interested, to your point is it kind of reminds me of if Marco, and if you and I were to invest in a Uber business and we wanna drive Uber cars and we wanna buy a a fleet of them, you would reverse engineer what is the most productive car.

And I did research on this a couple years ago, and I, and I think I found out that the Toyota Camry and the Toyota Prius were the best cars. Not that that may or may not be your dream car or my dream car . It's just, it's just the best mileage, the cheapest maintenance, you know, biggest bang for the buck, you know, essentially Right. In, in other markets like Miami, sure, you can make money on an Escalade, right? But not for your, your everyday driver. So that's, that's kind of what I found here, is I found in Indianapolis that it fit everything that I was looking for. You know, I'll, I'll get more in depth there, but the main thing that I was finding were the jobs.