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How Do Evictions Work in Indianapolis?

Posted by Jeremy Tallman on Jan 21, 2018 10:00:00 AM

Nearly every time we speak to new Landlords, the subject of evictions comes up.

It’s a hot button topic.

A topic that creates anxiety.  

And an issue that pushes many Landlords into hiring a Property Manager.

For this week’s blog, I thought I would lay out exactly what’s required to file eviction in Central Indiana, along with some helpful tips if you ever have to file.

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Who to Hire for Your Indianapolis Investment Dream Team

Posted by Devon Hicks on Nov 19, 2017 10:00:00 AM

If you've been an investor for any period of time, you know the importance of choosing the right things. 

The right Realtor. 

The right property. 

The right Property Manager. 

The right vendors. 

Etc., etc., etc., 

These individuals and companies can make or break your investment experience. It's important to get into business with people who know what they're doing and have your best interest at heart. 

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The Pros and Cons of Leveraging vs. Paying Cash for Indianapolis Rental Properties

Posted by Jeremy Tallman on Nov 5, 2017 10:00:00 AM

I know a lot of people will read the headline of this blog and move right along to something else.

Because, in reality, there’s definitely a segment of investors - particularly new investors - who aren’t in the position to actually pay cash for an investment property… at least an investment property that’s habitable and in a respectable area.

But, for those of you in the position where you could pay all cash for an investment home, I’m sure you’ve debated the idea of paying cash, or using a mortgage - leverage - to help pay for the property.

This is a long-standing debate in the investment world and one that really doesn’t have a magic bullet answer.

At the end of the day, the answer all comes down to your personal needs and wants and what makes the best sense for you as an investor.

So, I thought I would spend some time discussing Pros/Cons of both and also talk about how we’ve used both over the years during our investment ventures.

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5 Tips for Finding Quality Property Management in Indianapolis

Posted by Jeremy Tallman on Oct 29, 2017 10:00:00 AM

So, you are in the market for a Property Manager.

My guess is that this decision is important to you.

It’s not one of those decisions that’s similar to purchasing, say, a stapler. While you may have a favorite and trusted place to buy a stapler, most people will generally look at the price, scan whatever features a particular stapler may have and make a quick decision.

If you’ve ever spent more than 1-2 minutes debating the type of stapler to buy, I’m certain you are in the minority.

Now, let’s compare that to searching for a daycare provider for your child.

Related: The Definitive Guide to Investing in Indianapolis

In most cases, referrals from other parents you know will weigh heavily in your decision. If that’s not an option, you most certainly will read reviews of different daycares, visit the daycare or daycares you find appealing, and only enter into an agreement with a specific daycare provider when they’ve established a very high level of trust with you.

Where you place your child for potentially thousands of hours each year is a big decision and a decision you will only make after carefully reviewing your options.

And my guess is that price won’t be the determining factor. It will be part of the decision, for sure, but not the same way you decide on a stapler.

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6 Signs it May Be Time to Sell Your Indianapolis Rental Property

Posted by Devon Hicks on Oct 22, 2017 10:00:00 AM

Investing in rental real estate is an exciting and challenging venture. It takes both strategy and, somtimes, some good fortune to be successful.

When dealing with rental properties, there are three key factors to consider:

  1. When to buy
  2. Where to buy
  3. When to sell

All three are equally important and extremely dependent on one another.

So, today, we thought we would spend some time talking about a question we’ve gotten from some of our Owners:

“When is a good time to sell my Indianapolis rental property?”

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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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