Austin Coon is a licensed real estate broker and active investor in Indianapolis, Indiana specializing in BRRRR strategy, fix-and-flip, short-term rentals (Airbnb/VRBO), and long-term buy-and-hold investing. He helps clients build wealth through strategic real estate investment across the Indianapolis metro area.
Strong fundamentals and strategic positioning make Indianapolis an attractive market for real estate investors
Steady appreciation and growing demand in key neighborhoods
Strong rental yields with positive monthly cash flow potential
From single-family to multi-unit properties across price points
Central Midwest location with major employer presence
Explore investment opportunities across Indianapolis neighborhoods
A proven 8-step process from property search to closing
Interview and select an investor-friendly agent, property manager, lender, and contractor.
Get pre-approved with a lender. Have documents ready before making offers.
Use custom-MLS search, wholesaler lists, and follow email blasts for deals.
Negotiate, go under contract, and submit earnest money.
Home inspection and contractor evaluation for repairs or remodeling costs.
Lender sends appraiser to evaluate fair market value of the property.
Money & title exchanged. Sign in person or use mobile notary if remote.
You've increased your net worth through owning a tangible asset!
Finding the right property depends on your strategy—cash flow or appreciation
Buy at lower price points in up-and-coming areas for strong monthly returns
Invest in trendy, in-demand areas for long-term property value growth
Understanding the numbers is crucial. Cash flow = Income - All Expenses
A general guideline: monthly rent should equal approximately 1% of the property price. For example, a $150,000 property should rent for around $1,500/month. This was easier to achieve pre-2018 and is now more rare, especially on single-family homes. Use it as a quick screening tool, not an absolute requirement.