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Indianapolis Property Management Update: Rental Statistics

Posted by Jeremy Tallman on Oct 15, 2017 10:00:00 AM

The 3rd Quarter statistics are finalized and the numbers are certainly both interesting and encouraging for Indianapolis Landlords.

In short, rents are on the rise and days on market are low, indicating a strong demand by Central Indiana residents in search of rental properties. 

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Should My Indianapolis Property Management Company Own Rental Real Estate?

Posted by Jeremy Tallman on Oct 8, 2017 10:00:00 AM

I came across a blog post recently that discussed some tips on choosing the right Property Management Company. It was written in the highly popular Bigger Pockets blog and was directed, of course, toward investors.  

There were 8 tips and I whole-heartedly agreed with all but one.

It was point #2...

"2. Do they own any rental properties themselves?  For me this can be a deal breaker!" 

Whaaaaaaaaa????  

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Pros/Cons: Renting My Indianapolis Rental Home to Family and Friends

Posted by Jeremy Tallman on Oct 1, 2017 10:00:00 AM

 

I get the temptation. You have a rental home and a family member or friend is interested in renting it.

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7 Property Management Blogs Every Landlord Should Be Reading

Posted by Devon Hicks on Sep 24, 2017 10:00:00 AM

A while back, Feedspot voted us #36 on a list of the top 80 Property Management Blogs. We were thrilled and flattered, but more so surprised and excited to see all of the resources out there for landlords and rental property investors. 

We pride ourselves on our blog and do our best to provide the highest quality content and to educate anyone who wants to learn.

Although we hold our blog in high regards, we realize that there is a wealth of knowledge and many other outstanding resources for individuals like yourself.
So, we decided to use our expertise to make our own list of Property Management blogs that we think are the most helpful. 

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7 Tips to Convert Your Primary Residence Into an Indianapolis Rental Property

Posted by Jake Knight on Sep 17, 2017 10:00:00 AM

So, you’re thinking about transitioning your personal residence to a rental property.  

Maybe the proposition excites you: "I REALLY want to be a Landlord."

Or, maybe you enter this discussion from a simple point of desperation: "I can't sell my house and renting is my only option." 

Whatever the case, renting out your home comes with a lot of potential benefits, but it’s also a decision you need to make after understanding exactly what it means to be a Landlord.  

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Is It OK to Break Even on My Indianapolis Rental Property?

Posted by Jeremy Tallman on Sep 10, 2017 10:00:00 AM

Consider the following scenario:

You decide to buy a rental home and officially enter the Wonderful World of Landlording.

Five years later, after reviewing all of your financial information, you realize that you essentially broke even - from a cashflow standpoint - on the investment.

Meaning, while the investment didn’t put any additional cash into your pocket at the end of five years, you weren’t required to put any additional cash into the investment either. So, basically, your rents covered your expenses.  

Is this a bad thing?

Not necessarily.

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