Jeremy Tallman


Recent Posts

Renewing Your Tenant's Lease During the Covid-19 Crisis

By Jeremy Tallman on Apr 5, 2020 10:00:00 AM

Last week, we discussed leasing your home during the COVID-19 crisis. 

This week, let’s switch gears and discuss an equally important component of successful property management: renewing the Lease. 

Keeping a Tenant in place, especially in this unstable environment, is a very good thing. We’ve always taught that vacancy is a cashflow killer.

Below are a few basic points to consider when renewing a lease during the COVID-19 crisis. In a lot of ways, we will continue to operate in the same manner, but there is one big change along with some trends that you need to understand:

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Leasing Your Indianapolis Rental Home During the Covid-19 Crisis

By Jeremy Tallman on Mar 28, 2020 11:00:00 AM

Every Monday, we meet and discuss, among other things, the previous week’s rental marketing activity. 

We discuss our showing levels.

Number of applications we processed.

Leases we signed.

And a host of other stuff.

All these Key Performance Indicators (KPIs) give us a good sense of the health of the rental market in Central Indiana. 

Admittedly, this past Monday, I wasn’t excited about reviewing the previous week’s numbers. Given all the turmoil in the world right now, I was convinced we would see a sharp downturn in our numbers.

And… I was totally wrong.

Showings? Up.

Applications? Very strong.

Leases Signed? Right in line. 

Hmmmm…….

Now, clearly, we took a big turn last week here in Indianapolis, as our Governor announced a “stay at home” scenario that will last until April 6th. 

So, we’ll see if showing levels continue to stay strong.

But, how do we explain why showing numbers and general rental activity continue to show strength?  

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Hot Topics in Indianapolis Property Management: Coronavirus and The Tenant Protection Initiative

By Jeremy Tallman on Mar 16, 2020 11:00:00 AM

It certainly has been an eventful couple of weeks for the real estate and property management industries here in Indy. 

We've been getting questions and concerns from Clients about the state of the market and what impacts we may be seeing.

So, we thought we would provide a quick update on a couple of hot topics and share some insight into what's currently going on around us. 

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Tales of an Indianapolis Landlord: The Big Purchase “Mistake”

By Jeremy Tallman on Mar 9, 2020 11:00:00 AM

We provided a nice “State of the Indianapolis Real Estate Market” during last week’s blog.

It’s not a secret… buying rental real estate in this market is tough. 

And, frankly, it has been for a few years now.

Our brokerage group works hard - every day - to find deals.

We write a lot of offers and, more times than not, we get outbid. 

Losing out on properties is part of the territory. Our job is to continue to provide opportunities for our Clients, which educating them along the way. 

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Indianapolis Rental Marketing: How to Reel in Tenants

By Jeremy Tallman on Feb 10, 2020 11:00:00 AM

My son loves to fish.

Like… he REALLY loves to fish.

A few years ago, after the obligatory stint at McDonald's, my son took a job during his Junior year of High School at Geist Marina, where he was exposed to fishing - serious fishing, that is, - for the first time in his life.

Geist, it turns out, is quite the fishing spot for largemouth bass. It brings in a lot of fishermen, who spend time at the Marina fueling their boats, purchasing snacks and, yes, recapping their days on the water. 

He listened to their stories, started dabbling a bit and, as cheesy as this sounds, the kid was completely hooked. 

The job at the marina allowed him to make some money, which he began spending on rods, reels, spinners and, I assume, whatever else goes into equipping a proper fisherman.

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What Indianapolis Landlords Need to Know About the Tenant Protection Initiative

By Jeremy Tallman on Jan 27, 2020 11:00:00 AM

News broke several days ago about initiatives brought on by Mayor Joe Hogsett to provide more protections to Tenants in Indianapolis. 

The goal, according to various news outlets, is to hold Landlords more accountable, to better educate Tenants on their rights and to help curb the eviction problem currently facing Indianapolis.

As a leader in the single family property management space here in Indianapolis, we thought it appropriate to provide our take on Mayor Hogsett’s plans.

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