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Brentwood Property Group

Brentwood Collective real estate logoKiKi Chase, REALTOR®Brentwood Collective · Indianapolis, IN

Indianapolis Short-Term Rental & Investment Realtor

Buy the numbers, not just the house. I help investors find, underwrite, and close Airbnb, midterm, long-term, and fix-and-flip properties across Indianapolis, with real operating data from the rentals we manage every day at Brentwood Property Group.

  • Airbnb & VRBO
  • Midterm rentals
  • Long-term rentals
  • Fix & flips
  • BRRRR & house hacking
  • 1031 exchanges
KiKi Chase, Indianapolis short-term rental and investment property realtor
Realtor + property manager. One team from offer to first booking.
STR · MTR · LTRmanaged daily by our team, so your projections come from real rentals, not guesses
Investor-firstcash buyers, flippers, LLCs, DSCR loans, and people on their 1st or 50th deal
Indy + suburbsMarion County and the surrounding areas, buyer and seller side

Indianapolis Airbnb calculator

Will this Indy rental cash flow?

Plug in a property you are eyeing. This is a quick gut-check. When you want real comps, seasonality, and a full pro forma for a specific address, I will build you a custom one.

Get my custom pro forma
Gross revenue / yr
Net operating income / yr
Cap rate

Illustrative estimate before mortgage payments. Not a guarantee of income. Actual results depend on the property, season, pricing, reviews, and local rules.

Why investors hire an STR realtor

Most agents sell houses. I sell rental businesses.

I underwrite before you tour

Every property gets an investor lens first: projected nightly rate and occupancy, midterm and long-term fallback rents, renovation and furnishing budget, and what it takes to hit your cash-on-cash target.

I know what actually books in Indy

Because our team manages short-term, midterm, and long-term rentals across Indianapolis, I see which layouts, neighborhoods, and amenities earn five-star reviews and which ones sit empty in February.

I write offers that protect investors

Rental-use diligence periods, HOA and condo covenant reviews, tenant-occupied purchases, as-is deals, LLC buyers, DSCR and hard-money financing. I handle the details most residential agents never see.

Launch day is already planned

Need setup, photos, listing, and full management after closing? Brentwood Property Group can take it from keys to first guest. Prefer to self-manage? I will hand you the playbook.

Investment real estate services in Indianapolis

Pick your strategy. I will find the property that fits it.

Buy a short-term rental (Airbnb & VRBO)

Event-driven demand from the Indiana Convention Center, Lucas Oil Stadium, Gainbridge Fieldhouse, and the Indianapolis Motor Speedway makes Indy one of the Midwest’s most interesting STR markets. I help you buy close to the demand, inside the rules, at a price that pencils.

  • STR revenue projections and comps
  • Zoning, HOA, and permit checks before you offer
  • Furnishing and setup budget guidance

Midterm rentals (30+ day stays)

Furnished rentals for traveling nurses, medical residents, corporate relocations, and insurance placements near IU Health, Eskenazi, Community, and Ascension St. Vincent. Steadier than nightly stays, fewer turnovers.

Long-term rentals, BRRRR & house hacking

Single-family homes, doubles, and small multifamily with real rent comps, rehab estimates, and refinance math. Live in one side of a double and let the other side pay the mortgage.

Fix & flips

Distressed, dated, and off-market homes with real after-repair value (ARV) comps, rehab budget gut-checks, and an exit plan. When it’s time to sell, I list your flip so it sells fast and for top dollar.

Sell your rental or portfolio

Tenant-occupied listings, investor-to-investor sales, and portfolio dispositions marketed with the numbers buyers care about: rent roll, booking history, and returns.

1031 exchanges & LLC purchases

Strict timelines, entity paperwork, and qualified intermediaries coordinated from day one so your exchange or LLC closing stays on track.

How buying an investment property with KiKi works

From first call to first booking

  1. Strategy call

    Your budget, financing, goals, and how hands-on you want to be. We pick STR, MTR, LTR, or a hybrid.

  2. Buy box & deal alerts

    Target neighborhoods, price range, and minimum returns. You get on-market and off-market deals that fit.

  3. Underwrite & offer

    Revenue projections, rehab and furnishing costs, and an offer built with inspection and rental-use diligence protections.

  4. Close & launch

    Smooth closing coordination, then setup, photos, listing, and management, with Brentwood or on your own.

Indianapolis neighborhood guide for investors

Best neighborhoods for short-term rentals in Indianapolis

There is no single best neighborhood, only the best fit for your strategy. My full breakdown covers who books, what to buy, and what to watch out for in each one.

KiKi Chase pointing up at her Indianapolis neighborhood guide

Unlock the full neighborhood guide

Drop your email and the whole guide opens instantly, right here.

STR

Downtown, Mass Ave & Lockerbie

Walk to the Convention Center, Lucas Oil, and Gainbridge.

STR

Fountain Square & Fletcher Place

On the Cultural Trail, steps from bars and music venues.

Value-add · flips

Bates-Hendricks, Holy Cross & Near Eastside

Close-in locations at lower entry prices.

STR · MTR

Broad Ripple & SoBro

Nightlife, the Monon Trail, and Butler nearby.

MTR · LTR

Irvington

Historic east-side homes on walkable Washington Street.

Event STR

Speedway

Home of the Indianapolis Motor Speedway.

MTR

Near the hospitals

IU Health, Riley, Eskenazi, and the north-side medical campuses.

Is Indianapolis a good market for Airbnb investing?

Big-city demand. Midwest prices.

Indianapolis hosts some of the country’s biggest conventions and sporting events, and you can still buy a rental here for a fraction of coastal prices. That combination is why investors from all over the country are buying short-term and midterm rentals in Indy.

  • Conventions Gen Con, the National FFA Convention, and year-round trade shows at the Indiana Convention Center.
  • Racing The Indy 500 and race season at the Indianapolis Motor Speedway.
  • Sports Colts, Pacers, and Fever games, the Big Ten Football Championship, and frequent NCAA events.
  • Healthcare Major hospital systems that bring a steady flow of traveling nurses and medical staff.
  • Business travel Corporate headquarters, relocations, and a growing downtown core.

Short-term vs midterm vs long-term rentals

Which rental strategy fits you?

Short-term (STR)Midterm (MTR)Long-term (LTR)
Typical stay1 to 29 nights1 to 6 months12+ month lease
FurnishedYes, fully styledYes, comfortableUsually not
Revenue potentialHighestMedium to highSteady, lower
Management effortHighestMediumLowest
Rules to checkHOA, zoning, permits, lodging taxesHOA, lease termsLandlord-tenant law
Best forEvent and tourist demandHospitals and corporateHands-off wealth building

The smartest Indy investors buy properties that work as more than one. If the nightly market softens, a strong midterm or long-term fallback protects your investment.

Built for Indy investors

Get a custom deal analysis from an STR expert

  • Revenue or ARV projection for any Indy address
  • STR, midterm, and long-term rent comparison
  • Neighborhood picks for your budget
  • Off-market and investor deal alerts

Prefer to talk? [email protected] · 317-406-0667

No spam. Just numbers, deals, and honest advice.

KiKi Chase, REALTOR with Brentwood Collective in Indianapolis

About KiKi Chase

Investor, property manager, and your Indianapolis realtor

I am a full-time realtor with Brentwood Collective and co-owner of Brentwood Property Group, an Indianapolis property management company for short-term, midterm, and long-term rentals. Most of my clients are investors: cash buyers, flippers, LLCs, out-of-state buyers, and people building a portfolio one door at a time. I bring the same thing to every deal: honest numbers, fast communication, and a team that knows what happens after closing.

Whether you are buying your first Airbnb in Fountain Square, flipping a house on the Near Eastside, or adding your tenth door, my job is to make the deal make sense.

Brentwood Collective real estate brokerage, Indianapolis

Investing shouldn’t feel intimidating.

Brentwood Collective is a real estate brokerage proudly serving Indianapolis and the surrounding communities. While we assist clients with all aspects of residential real estate, our passion lies in helping individuals and families build long-term wealth through real estate investing. Our mission is to make real estate investing more accessible, approachable, and achievable for everyone, whether you’re purchasing your first home, exploring your first investment property, or growing an existing portfolio.

Indianapolis short-term rental FAQ

Questions investors ask me

Is Indianapolis a good place to buy an Airbnb?

For many investors, yes. Indy pairs big-event demand (conventions, the Indy 500, major sports) with home prices well below most large metros. Results vary a lot by street, layout, and pricing strategy, which is why I underwrite every property individually.

Are short-term rentals legal in Indianapolis?

Indiana state law limits a city’s ability to outright ban short-term rentals, but cities can regulate things like safety, registration, and nuisance issues, and HOAs and condo associations can prohibit them entirely. Rules change, so I verify zoning, HOA covenants, and current city requirements before you write an offer.

Do I need a realtor who specializes in investment properties?

You do not need one, but it helps. An investor-focused agent evaluates income, expenses, and rules before emotion, writes offers with rental-use diligence protections, and knows lenders and title companies that work with LLCs, DSCR loans, and 1031 exchanges.

What is a DSCR loan?

A debt service coverage ratio loan qualifies you based on the property’s rental income instead of your personal income. It is popular with investors buying STRs and MTRs, often in an LLC. I can connect you with lenders who do them regularly.

How much money do I need to buy an investment property in Indianapolis?

It depends on the loan. Investment loans commonly require 15 to 25 percent down, plus closing costs and reserves. For a short-term rental, also budget for furniture, decor, and setup. House hacking with an owner-occupied loan can lower the down payment.

What taxes apply to short-term rentals in Indianapolis?

Stays under 30 days are generally subject to Indiana sales tax and Marion County innkeeper’s tax. Airbnb and VRBO collect and remit much of this for you, but direct bookings are your responsibility. Always confirm with your CPA.

Do you only work with investors?

No. Brentwood Collective helps with all aspects of residential real estate, including first-time homebuyers and sellers across Indianapolis and the surrounding communities. Investing is just where my passion lies, and plenty of my clients buy their first home with an eye on renting it out someday.

Do you help with fix and flips in Indianapolis?

Yes. I help flippers find distressed and off-market homes, run after-repair value (ARV) comps, sanity-check rehab budgets, and then list the finished flip to sell fast. Many of my flips start as a rental analysis, so you always know your backup plan if the resale market shifts.

What is a midterm rental?

A furnished rental leased for roughly 30 days to six months, often to traveling nurses, medical residents, or people relocating. It usually means fewer turnovers than Airbnb and higher rent than a traditional lease.

Can I buy an investment property in an LLC?

Yes. I work with LLC buyers all the time. Title will need your entity documents, and your financing needs to allow it. Talk to your attorney or CPA about how to set it up.

Can Brentwood Property Group manage my property after I buy?

Yes, Brentwood offers full-service management for short-term, midterm, and long-term rentals in Indianapolis. You are never required to use Brentwood to work with me.

I live out of state. Can I still invest in Indianapolis?

Absolutely. Video walkthroughs, digital signing, remote closings, and local management make out-of-state investing straightforward. Many of my clients have never set foot in the property before closing.

Ready to buy your first (or next) Indianapolis investment property?

Brentwood Collective
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