Indianapolis Property Management Update: Rental Statistics Q1 2024
The curse of increased Days on Market (DOM) has made a fierce comeback in Indianapolis. In Quarter 1 of 2024, it took an average of 59 days (yes, 59!) to lease a home in Indianapolis. This echoes the less-than-ideal trends seen in Q1-Q3 of 2023. This serves as a stark reminder that investors are struggling […]
How to Treat Your Investment Property like a Business- and NOT a Hobby
If you have been around these blogs or our INDY REI podcast for any length of time, you know that we preach loudly: treat your investment properties like a small business. We don’t see this as our opinion, because after 20+ years in the industry, we guarantee your chances of success are exponentially higher when […]
Indianapolis Property Management Update: Rental Statistics Q4 2023
In the fourth quarter, a significant shift occurred as Indianapolis managed to break free from the 50+ days on market (DOM) curse that has persisted. October and November witnessed a refreshing change, with the City experiencing mid-to low 40s in terms of DOM for the first time in 2023. However, things took a turn in […]
A Breakdown of 2023 and What it Means for 2024
Last year, we made predictions for what 2023 would bring. And while it did not bring back the return of a normal market, like we had hoped, it did prove to be fairly predictable. In this blog, we look back on our predictions to see how close we came to forecasting 2023. Then, we will […]
