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.