Spouses Buying Houses

Spouses Buying Houses Indianapolis Real Estate Investing and Property Management! Invest in Indianapolis real estate with as little as $10,000.

Use your IRA, ROTH IRA, 401k or just cash. You can be a hands on or hands off investor! We handle anything and everything for your investing needs. Purchase, rehab, property management, and sales! Interested in a property, our research stats and comps are top notch. Send us a property address, and let us prove it to you.

Near Eastside Indianapolis 2 Bedroom 2 Bathroom Duplex | 2722 Dr Andrew J Brown Ave Indianapolis, IN 46205 | $1,175/Mont...
06/16/2026

Near Eastside Indianapolis 2 Bedroom 2 Bathroom Duplex | 2722 Dr Andrew J Brown Ave Indianapolis, IN 46205 | $1,175/Month

1-765-246-8191 https://spousesrentinghouses.com/property/duplex-for-rent-in-indy-2722-dr-aj-brown-ave/

Take advantage of the unique layout in this 2-bedroom, 2-bath duplex located on Indianapolis' Near Eastside. With one bedroom and one full bathroom on each floor, this two-story unit offers added flexibility for roommates, guests, or anyone who appreciates extra privacy between living spaces.

Situated along Dr. Andrew J. Brown Avenue, the property provides convenient access to downtown Indianapolis, Brookside Park, local restaurants, shopping, and major roadways. The neighborhood's central location makes commuting and daily errands more manageable while keeping many of the city's amenities within easy reach.

Home Highlights:

2 bedrooms (one on each floor)
2 full bathrooms (one on each floor)
Two-story duplex unit
Central air
All-electric home
Flexible floor plan with separated living spaces

Rent: $1,175 per month
Security Deposit: $1,175
Application Fee: $35 per adult (non-refundable)

See a video of this home (cut and paste link): https://www.youtube.com/watch?v=2L5N4hmEoNg

Look us up:
https://spousesrentinghouses.com/
http://indianapolisrealestateinvesting.com/
https://twitter.com/Lee_Indy_Invest
Livestreaming: https://www.facebook.com/SpousesBuyingHouses/

🏑 CHOOSE YOUR SIDE 🏑A rare opportunity in Indianapolis! Both sides of this duplex are currently available for rent.βœ” 2 B...
06/12/2026

🏑 CHOOSE YOUR SIDE 🏑

A rare opportunity in Indianapolis! Both sides of this duplex are currently available for rent.

βœ” 2 Bedrooms
βœ” 1 Bathroom
βœ” Central Air
βœ” Laundry Hookups
βœ” $1,125/Month Per Unit

Need to live near a family member, friend, coworker, or adult child? Rent one side or bring someone and live next door to each other.

πŸ“3706 N Kenwood Ave
πŸ“3708 N Kenwood Ave

Schedule a showing today:

3706: https://spousesrentinghouses.com/property/rent-this-indianapolis-duplex-3706-n-kenwood/

3708: https://spousesrentinghouses.com/property/rent-this-indy-double-3708-n-kenwood/

A federal tax law signed July 4, 2025 is changing who shows up in rental applications. The One Big Beautiful Bill Act cr...
06/11/2026

A federal tax law signed July 4, 2025 is changing who shows up in rental applications. The One Big Beautiful Bill Act created a deduction for up to $25,000 of qualified tip income per year through 2028. Tipped workers now have a financial reason to document and report their earnings carefully. It also means more applicants are going to present tip income for qualification - and not all of them will have documentation that actually holds up.

Three things worth understanding before approving a tip-income applicant for an Indianapolis rental.

The paystub base wage tells you almost nothing. After the tip credit, it can be $2.13 to $5.00 per hour. Three months of bank statements cross-referenced against the prior year W-2 is the document that actually tells you what this person earns.

The multi-job problem is a floor problem. A tipped worker with three positions may qualify on combined income today. Losing one could be a 33% income cut with no advance warning. Run the qualification on the remaining two positions separately.

Tips are not garnishable under federal law. Only the base wage can be attached in a judgment. At $2.13 per hour after the tip credit, the garnishable portion on a 40-hour week may be close to nothing after deductions. The income that actually pays your rent every month is outside the reach of a court order.


Full verification framework and Indiana legal considerations:

How to Qualify Tenants Who Earn Tip Income in Indianapolis You get an application. The income looks strong on paper. Bank deposits are coming in consistently, sometimes in large chunks, sometimes in smaller deposits scattered across the month. The applicant lists a job in the service industry, maybe...

06/11/2026
Which rental strategy actually produces reliable cash flow in Indianapolis in 2026? The people promoting each option are...
06/04/2026

Which rental strategy actually produces reliable cash flow in Indianapolis in 2026? The people promoting each option are usually the ones who profit from you choosing it. Here is a ground-level look at what the market actually shows.


STR operators in Indianapolis are averaging roughly 50% occupancy, with nightly rates falling. The cost structure - cleaning, maintenance, management - does not scale down when revenue drops. At 50% occupancy, operators who built their model around STR are recalculating.


Section 8 through the Indianapolis Housing Agency has been an operational problem since the agency's systems were compromised in September 2022. Rent increase requests that should take weeks stretch six months or more. We manage existing Section 8 tenancies but do not replace them with new HCV placements under current IHA conditions.


Co-living generates higher gross income per square foot with property management fees running 25 to 35% - two to three times a standard LTR fee. Evaluating it on gross income without that cost differential produces numbers that look better than they are.


Long-term rentals produce lower per-unit gross income with a predictable cost structure and compounding returns tied to retention. A turn on an Indianapolis urban core property runs $6,000 to $8,000. The difference between 1.5-year and 4.2-year average tenant retention over a ten-year hold is not incremental - it is a substantially different investment outcome on the same property.



Full breakdown with real numbers on every strategy:

STR, Section 8, Co-Living, or LTR: What the Indianapolis Rental Market Actually Supports Every few months the same question circulates through Indianapolis investor groups: which rental strategy actually produces reliable cash flow? Fix and flip, short-term rental, medium-term rental, Section 8, co-...

FOR RENT: North Washington Township 3 bedroom 2 bath | 7373 Westfield Boulevard, Indianapolis, IN 46240 | $1500/month1-7...
05/30/2026

FOR RENT: North Washington Township 3 bedroom 2 bath | 7373 Westfield Boulevard, Indianapolis, IN 46240 | $1500/month

1-765-246-8191 https://spousesrentinghouses.com/property/rent-this-indy-home-7373-westfield/

Welcome home to this 3-bedroom, 2-bath property located in the highly desirable North Washington Township area near Broad Ripple and Keystone at the Crossing. This home offers a functional layout with central air, gas heat, a basement, and a dedicated laundry room with hookups conveniently located near the kitchen.

Situated along Westfield Blvd, the location provides easy access to some of Indianapolis' most popular shopping, dining, and recreation destinations. Residents can enjoy nearby parks, the Monon Trail, Broad Ripple Village, and quick connections to Keystone Avenue and I-465 for an easier commute throughout the city.

Home Highlights:

3 bedrooms with closet space
2 full bathrooms
Central air conditioning
Gas heat
Laundry room with hookups near kitchen
Basement* for additional storage

Rent: $1,500 per month
Security Deposit: $1,500
Application Fee: $35 per adult (non-refundable)

See a video of this home (cut and paste link): https://www.youtube.com/watch?v=cYn_hURhxu4

Look us up:
https://spousesrentinghouses.com/
http://indianapolisrealestateinvesting.com/
https://twitter.com/Lee_Indy_Invest
Livestreaming: https://www.facebook.com/SpousesBuyingHouses/

Most closing mistakes on Indianapolis rental properties do not happen at the closing table. They happen in the weeks bef...
05/28/2026

Most closing mistakes on Indianapolis rental properties do not happen at the closing table. They happen in the weeks before it, when an investor assumes something has been handled that has not, or in the first days after it, when a knowable problem turns out to have never been addressed.


Two things that routinely get missed.


Open orders against the property. Title companies list code enforcement orders - lead-based paint violations, trash citations, board-up orders - as Schedule B exceptions in the title commitment. That is technically a disclosure. What it is not is a clear warning. An active code enforcement order can sit in the same list as a standard utility easement and go unnoticed unless you read every line and ask what each one means. These orders follow the property to the new owner. If you do not resolve them before closing, they are yours.

Prorated rent and security deposit transfer on tenant-occupied deals. If a tenant paid rent for the month you close, you are owed a credit for your days of ownership on the settlement statement. It does not appear automatically - someone has to ask before the closing disclosure is finalized. The security deposit transfer has the same problem. In Indiana, you become the holder of the deposit the moment you acquire the property. If the seller did not transfer those funds at closing, you hold the liability without holding the money.


Full checklist covering what to verify, capture, and set up:

The Real Estate Investor’s Closing Checklist: What to Verify, Capture, and Set Up Before You Get the Keys Most closing mistakes do not happen at the closing table. They happen in the weeks before it, when an investor assumes something has been handled that has not, or after it, when the new owner ...

The first four months of 2026 MLS data for Marion County residential rentals is worth a close look if you own Indianapol...
05/21/2026

The first four months of 2026 MLS data for Marion County residential rentals is worth a close look if you own Indianapolis investment properties.

Transaction volume is up - 11.9% more leases closed January through April compared to the same period in 2025. But properties are taking 40 to 52% longer to lease every single month, and median rents are flat to down in three of the four months tracked.

Median days on market in April 2026 was 35 days versus 23 days in April 2025. At $1,450 to $1,500 per month median close price, that 12-day gap is roughly $575 per vacancy. A property that turns twice in a calendar year is losing over $1,200 in annual gross rent compared to 2025 pace - before turn costs, which for lower-income urban core properties run $6,000 to $8,000 per turn.

Here is the counterintuitive piece: close price to list price ratios barely moved. Properties are still closing within roughly 0.5% of list in both years. The pressure is showing up entirely in time-to-lease, not in price cuts at the table. Correctly priced properties are still leasing at or near asking. The extra vacancy time is being absorbed by properties that are mispriced or mismanaged through the listing period.


Full month-by-month data tables:

Marion County Rental Market Report: What the First Four Months of 2026 Are Telling Indianapolis Investors More residential rentals closed in Marion County during the first four months of 2026 than during the same period in 2025. On the surface, that sounds like a healthy market. Pull the full number...

Address

5868 E 71st Street, Ste E-161
Indianapolis, IN
46220

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