3 min read

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?  

Topics: Indianapolis market Covid-19
4 min read

Why Overpricing Your Indianapolis Rental Property is a Horrible Idea

By Anuj Singh on Mar 23, 2020 11:00:00 AM

From cap rates to cash-on-cash return, there are a number of tools Landlords and real estate Investors use to determine whether or not a potential investment is a good one.

Topics: Indianapolis market
3 min read

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. 

Topics: Indianapolis market
4 min read

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. 

Topics: Indianapolis market New Landlord
2 min read

Where to Invest in Indianapolis: Zionsville

By Devon L. Hicks on Feb 24, 2020 11:00:00 AM

Just Northwest of Indianapolis lies the quaint, little suburb of Zionsville. 

This affluent community has been around since 1852 and was named for a pioneer by the name of William Zion. 

Zionsville is probably best known for its historic, downtown area which is lined with cobblestone streets and cute, little shops and restaurants. 

As of 2017, the population was reported to be approximately 26,710.

The median household income is $134,743 according to City Data.

MLS data shows that the average sales price of a home this past year was $476,654 and the average rental amount was $1,826.

Topics: Indianapolis market
5 min read

Indianapolis Real Estate Investments: Single-Family vs. Multi-Family

By Devon L. Hicks on Feb 17, 2020 11:00:00 AM

As a current or future Real Estate Investor, you’ve likely given some thought as to what type of rental properties you want to acquire.

The big debate really comes down to 2 main categories, single-family (SFR) vs. multi-family (MFR). 

So, which one is right for you?

Both have their advantages and disadvantages, and similar to most other real estate investing questions, the answer is....

"It really just depends." 

It depends on your investment goals, strategy, and overall end game. 

You’ll find convincing arguments for both SFR and MFR, leaving it up to you to weigh the pros and cons of each to determine what will be the best route for you. 

And that’s just what we hope to help you do as we provide insight into both investment types.

Note: For the purposes of this blog, single-family will refer to single-family, detached homes. We have an entire blog that discusses the pros and cons of investing in condos. 

Topics: Indianapolis market New Landlord

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