Devon L. Hicks

As well as being a licensed Realtor, Devon has her Bachelors in Marketing from Missouri State University and utilizes her skills in a variety of ways to educate and advise real estate investors in the Central Indiana region.

Recent Posts

How Much Will it Cost to Get My Indianapolis Rental Property Move-In Ready?

By Devon L. Hicks on Jan 20, 2020 11:00:00 AM

We get a lot of questions when it comes to investing in Indianapolis.

One of those questions: “How much will it cost to get my property move-in ready?” is one we receive on a daily basis.

And we get it.

Whether an investor is considering a new purchase that needs work, or whether the investor is faced with turnover costs between Tenants, money -- and how much of it --  is always an important consideration. 

We understand that maintenance costs are some of the most frequent and largest expenses you’ll face as a property owner, and turnover and make-ready are large subsets of that. 

As an Indianapolis Property Management company that handles all of our Clients’ turnovers and make-ready work, you can imagine how many times we get asked about these costs.

In an effort to stick to our core value of “Always Educating and Advising”, we have decided to put together a guide for Investors outlining average costs for some of the most common make-ready expenses that you will encounter.

Note: This list is by no means comprehensive or definitive. There are other costs that may occur and a multitude of factors that can impact the final costs of these items. 

Our goal is to give you a general idea of what you can expect to pay in the Indianapolis market.  

These estimates come from contractors we trust,work with frequently, and have long standing relationships with.

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Where to Invest in Indianapolis: Brownsburg

By Devon L. Hicks on Jan 6, 2020 11:00:00 AM

Northwest of Indianapolis in Hendricks County lies Brownsburg. This suburb was first settled by James B. Brown in 1842 and was also home to the Delaware Indians. 

Brownsburg is the 38th largest town in the state with an estimated population of 26,397 and it has been ranked in the top 40 best small towns in America according to CNN's Money Magazine. 

The median household income is $68,986 with a majority of jobs being in the office administration, and sales related fields. There are also a relatively high number of specialized workers in Healthcare and Architecture and engineering according to Data USA

MLS data reports show that the average home sale price for the last year was $253,934 and the average rental amount was $1,534.

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T&H's Top 10 Indianapolis Real Estate Investing Blogs of the Decade

By Devon L. Hicks on Dec 29, 2019 10:00:00 AM

Here at T&H Realty Services, one of our 4 core values is "Always Educating and Advising".

One of the biggest ways we fulfill that, is by blogging and publishing content on our website. 

Over the years, we've published 170 blogs as well as a ton of other resources. 

As we bring 2019 to a close, we thought we would take a look back at our top blogs from this past decade. 

Some may be familiar to you, while others may not. 

We hope you've found value in our Indianapolis real estate blogs up until this point, and we look forward to providing you even more insight and education into the new year.

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Where to Invest in Indianapolis: Fishers

By Devon L. Hicks on Dec 22, 2019 10:00:00 AM

Fishers is a suburb just northeast of Indianapolis in Hamilton County. 

Originally settled by William Conner in 1802, Fishers only just transitioned from a town to a city in 2015 and has experienced rapid population growth decade to decade. 

In 2017, Fishers was named Money Magazines #1 place to live in the United States. 

As of 2017, the population was estimated to be around 91,832. 

According to City Data, the median household income as of 2017 was $113,560 with a median age of 35.3 and females making up a slight majority (52.1%) of the population. 

According to MLS data, the median home value for the last year was $276,313 and the median rent rate was $1,565.

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Where to Invest in Indianapolis: Plainfield

By Devon L. Hicks on Dec 15, 2019 10:00:00 AM

Located in the southeastern portion of Hendricks County, Plainfield, Indiana sits, home to around 34,386 people.

Originally settled by Quakers, the city got it's name due to the "plain" nature of the people. 

The local economy runs off of warehouse type industries with Plainfield supplying approximately 50% of ALL warehouse jobs in Central Indiana. 

With it's close proximity to the Indianapolis International Airport, the hotel industry is also very popular.

The median age is 37.7 years old with a median household income of $62,121.

The majority of residents (69%) own their homes as opposed to renting. 

The median property value is $155,100 and the median rental amount is $990.

Niche has given Plainfield the following rankings:

  • #8 of 115 for suburbs with the best public schools
  • #16 of 115 for best suburbs for young professionals
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The Pros and Cons of Buying a Condo as an Indianapolis Real Estate Investment

By Devon L. Hicks on Dec 8, 2019 10:00:00 AM

When it comes to Indianapolis real estate investing, there are several different types of properties you can pursue. 

There's single family, duplexes, townhomes, commercial, apartment buildings, and the topic of today's discussion, condominiums. 

Every type of property investment has pros and cons, and condos are no different. 

Some investors will tell you condos are a great investment, and others will tell you they're the worst. 

It really just comes down to your investment goals and what you're looking for as a Landlord. 

Buyer clients frequently ask us if they should consider condos, and while we can't give a definitive yes or no answer, we can provide some pros and cons. 

Topics: New Landlord
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