Should I Accept Section 8 for My Indianapolis Rental Property?

By Jeremy Tallman on May 20, 2018 10:00:00 AM

A hot topic in the world of Real Estate Investing right now, is whether or not Landlords should accept Section 8.

Or rather, if they have to accept Section 8.

Many municipalities across the country are opting to make “source of income” a protected class. 

What does this mean for property Owners?

Basically, it makes your decision for you.

This increasingly popular trend ensures no Tenant is turned away due to being on a housing assistance program. In essence, you’re required to accept Section 8 vouchers.

So far, the state of Indiana has yet to implement this new protected class, but I’m sure it’s only a matter of time.

For now though, if you own rental properties in Indianapolis, you still have a choice.

So, let’s dive a little deeper into the world of Section 8 to:

  1. Help you determine whether or not you want to accept it for your properties.

  2. Educate you so that you’re prepared in the event you have to start accepting it.
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Tales from an Indianapolis Property Management Company: Why Tenants and Owners Should Never Meet

By Jeremy Tallman on May 13, 2018 10:00:00 AM

Today, we thought we would begin a regular - or not so regular - blog series that brings you real-life stories, from a real-life Property Management Company - us - about various situations relevant to the day-to-day life of a Property Manager.

I’m certain, as single family Property Management continues to grow, that someone will produce a reality TV show about our industry.

Because, as you can imagine, or as you may know if you are a Landlord, there can be a lot of drama in the rental business.

Today’s story details an event that happened many years ago.

It was an event that was very painful, taught us some valuable lessons, and made us a much better Company in the long run.

But - wow - was it difficult.

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An Indianapolis Property Manager's Review of Propertyware

By Jeremy Tallman on Apr 29, 2018 10:00:00 AM

If you Google “Property Management Software”, you will be overwhelmed at the amount of results that come back.

There are literally dozens of different companies out there all vying for your business and it can be daunting trying to scan through reviews and product descriptions to determine what solution will work best for you.

If you have been researching different PM software, you’ve most likely come across Propertyware. It’s by far one of the most popular options on the market right now along with Appfolio, Buildium, and a few other big names.

Our Company uses Propertyware. Today, we thought we would give you an extensive review of the product that we’ve used for more than 10 years.

*This review is not solicited or paid for by Propertyware or any of its affiliates.*

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How Does a Security Deposit Work in Indiana?

By Jeremy Tallman on Feb 25, 2018 10:00:00 AM

Security Deposits are extremely important. 

Important to you as the Landlord, and important to your Tenant, because it's their money... until it isn't.

In fact, my guess is if you polled Property Management Companies around the country, the majority would say Security Deposits generate the most friction in their businesses. 

So, you need to have strong processes around Security Deposits, understand your state and local laws and still be prepared for some battles along the way.

Today, we thought we would discuss best practices concerning Security Deposit and provide some additional insight into how Indiana operates (or fails to operate, in some cases).

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Should I Require Renters Insurance for My Indianapolis Rental Home?

By Jeremy Tallman on Jul 6, 2017 9:05:08 AM

If you are a Landlord, or considering becoming a Landlord, I’ll guess that you’ve at least thought about the idea of  Renters Insurance.

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When Should I Fire My Property Manager?

By Jeremy Tallman on Jun 2, 2017 9:53:17 AM

Recently, I’ve taken a lot of phone calls from Indianapolis real estate investors that tell me a similar story. It goes something like this…

“Hello, my name is Joe Investor and I own some rental properties in Indianapolis. I’m just really frustrated with my current Property Manager and I’m exploring my options.”

In response,  I generally follow-up with the same question each time…

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