Spouses Buying Houses

06/26/2026

Westside Indianapolis 3 Bedroom Home with Garage | 5126 Thrush Dr Indianapolis, IN 46224 | $1,100/Month

1-765-246-8191 https://spousesrentinghouses.com/property/indy-homes-for-rent-5126-thrush-dr/

5126 Thrush Drive Indianapolis, IN 46224

Settle into this 3-bedroom, 1-bath home located on the west side of Indianapolis. The property offers a practical layout along with a 1-car garage, central air, and gas heat, providing the everyday features many renters look for in a comfortable home.

Located near Speedway and the Westside, this home offers convenient access to shopping, dining, parks, and major roadways including I-465 and I-74. Residents can enjoy being just a short drive from downtown Indianapolis while still benefiting from a more residential setting. The area is also close to schools, local businesses, and everyday essentials.

Home Highlights:

3 bedrooms with closet space
1 full bathroom
1-car garage
Central air conditioning
Gas heat

Rent: $1,100 per month
Security Deposit: $1,100
Application Fee: $35 per adult (non-refundable)

See a video of this home (cut and paste link): https://www.youtube.com/watch?v=jqb4G1s3B-k

Don't miss out on this great rental opportunity—schedule a viewing today!

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

06/25/2026

Most Indianapolis wholesale listings are not deals. Some of them are bad deals dressed up with enough math to sound plausible. Here is the single calculation that tells you in 90 seconds whether a listing deserves more of your time.


Take the monthly rent. Multiply by 12. Cut that number in half. Divide by the all-in price. If the result is not at least 8%, keep scrolling.


Operating expenses on lower-income urban core Indianapolis rentals run between 48 and 57% of gross rent when you account for vacancy, repairs, management fees, property taxes, and insurance. Cutting gross rent in half gives you a conservative net operating income estimate without needing every line item upfront.


A real listing pulled from an Indianapolis investor group recently quoted $110,000 and $1,200 per month, describing the deal as 12% cashflow. That was gross yield - annual rent divided by price, before expenses. The half-the-rent rule puts it at 6.5% cap rate. Gross yield and cap rate are not the same number. The difference is what the investor absorbs after closing.


At $1,200 per month rent, the maximum all-in price that clears an 8% cap rate is $90,000. Most wholesale listings in 46201, 46218, 46219, 46222, and 46227 are priced $20,000 to $40,000 above that threshold, with rent projections that require independent verification.


Full breakdown including the cap rate table and what to do when a deal clears the screen:

The 90-Second Rule That Exposes Most Indianapolis Wholesale Deals The email hits your inbox at 7 a.m. Caps lock. Exclamation points. A zip code you recognize. A rent figure that sounds strong. A price that sounds like a bargain. And somewhere in the subject line, something about the 1% rule. If you....

06/18/2026

𝚄𝚙𝚍𝚊𝚝𝚎𝚍 𝚊𝚜 𝚘𝚏 𝟼/𝟷𝟾/𝟸𝟼.

𝟸 𝚆𝚊𝚢𝚜 𝚝𝚘 𝚜𝚌𝚑𝚎𝚍𝚞𝚕𝚎 𝚢𝚘𝚞𝚛 𝚘𝚗𝚜𝚒𝚝𝚎 𝚟𝚒𝚎𝚠𝚒𝚗𝚐:
➊ 𝙲𝚊𝚕𝚕 𝟷-𝟽𝟼𝟻-𝟸𝟺𝟼-𝟾𝟷𝟿𝟷
➋ 𝚅𝚒𝚜𝚒𝚝 https://spousesrentinghouses.com/homes-for-rent-indianapolis/

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/

06/12/2026

🏡 CHOOSE YOUR SIDE 🏡

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

✔ 2 Bedrooms
✔ 1 Bathroom
✔ Central Air
✔ Laundry Hookups
✔ $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.

📍3706 N Kenwood Ave
📍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/

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

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-...

06/03/2026

See what we have available!

2 ways to schedule your onsite viewing:
Call: 1-765-246-8191
Online: https://spousesrentinghouses.com/homes-for-rent-indianapolis/

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/