Jeremy Tallman

Recent Posts

Indianapolis Property Management Update: Rental Statistics Q4, 2019

By Jeremy Tallman on Jan 13, 2020 11:00:00 AM

As our entire Staff can attest, the best part of  4th Quarter, 2019 -- as far as the rental market goes -- is that's it over. 

Yes, as expected, the rental market tightened up in the last three month's of 2019.

While the numbers weren't all horrible, we're all happy to start a New Year. 

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The Pros and Cons of Hiring an Indianapolis Property Management Company

By Jeremy Tallman on Nov 10, 2019 10:00:00 AM

Whether you're a new Landlord just starting out, or you've been self-managing your properties for a while, the thought of hiring a professional property management company has likely crossed your mind. 

Whatever category you fall under, you're bound to have some reservations about turning over such large investments to a third party. 

Those reservations aren't unwarranted, and if you want to have a successful rental property business, you need to be fully bought in to whatever route you decide to take. 

If you want to DIY it, you need to understand everything that comes along with self-management. 

If you want to hire a property manager, you need to understand the pros and cons. 

But beyond that, you have to understand that it's all relative. 

While you certainly can argue the advantages and disadvantages of hiring a PM, what it really boils down to is value. 

Are the services you receive worth the money?

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The Landlord's Guide to Indianapolis' Seasonal Rental Market

By Jeremy Tallman on Nov 3, 2019 10:00:00 AM

Having rented homes over many, many years, you could say we have a pretty good handle on the Indianapolis rental market. 

It’s our business to understand it, to track it and to plan for it.

And we do.  

If you own or plan to own rental real estate in Indianapolis, it’s critical that you, too, understand one inherent truth about the Indianapolis rental market: Seasonality.

Seasonal meaning there are times of the year when it’s really, really good to rent your home and other times where it can be difficult to rent your home.

We understand that our market isn’t necessarily unique - many, if not most, markets throughout the United States experience the same thing - but it’s important to understand this important reality.  

So, we thought we would spend some time discussing seasonality in the Indianapolis rental market.

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The 3 Most Demanding Aspects of Self-Managing Rental Properties...and How a Property Manager May Be Able to Help

By Jeremy Tallman on Oct 20, 2019 10:00:00 AM

You may be rolling your eyes at the thought of a Property Management Company writing a blog about how hard self-managing rental properties can be.

We get the inherent and perceived conflict of interest.

But, to be fair, we've discussed in other blogs why property managers are definitely not the right fit for many Landlords, and that self-management can be the better option. 

However, there are some serious factors to consider when it comes to self-management, and we want you to be aware of those.

We've taken over management of numerous properties in the last couple of years - dozens and dozens, in fact - from Landlords who are just plain tired of self-managing.

And we can't blame them. 

Being a Landlord is a grind. We should know.

There are obviously pros to self-management - the main ones being full control over your investment, and no property management fees. 

But there are also some considerably demanding aspects that come along with it.

In this blog, we want to discuss 3 of the bigger challenges DIY Landlords face. 

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Indianapolis Property Management Update: Rental Statistics Q3, 2019

By Jeremy Tallman on Oct 13, 2019 10:00:00 AM

The third quarter has come to a close. 

Schools are in full swing, the chilly air is setting in, and peak rental season has ended. 

The numbers tell the story, so let's break it down:

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Indianapolis Property Management Fees: Why Cheaper Isn't Always Better

By Jeremy Tallman on Sep 29, 2019 10:00:00 AM

If you've ever hired an Indianapolis Property Management company, or if you're currently in the process of researching some, you've most likely noticed fees for property management differ. 

Some differ greatly.

When you're trying to make the numbers work and see positive cash flow, it can be tempting to go with a cheaper option. 

We get that. 

While from a top-level view we all appear to solve the same problem, we oftentimes solve those problems in very different ways.

And, it's clear, from speaking with some of our Clients, that some companies don't solve those problem at all.

In fact, they create new problems, which is never good.  

The old adage, "you get what you pay for," probably rings truer for property management than most other services or products.

So with this topic in mind, we thought we would take some time to discuss various property management fees you may encounter, and why cheaper is not always, and oftentimes, never, better. 

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