Property Management Blog

Indianapolis Rental Market Report – October 2022Hey, guys. Mike Taylor, broker-owner of Red Door of Property Management. Super excited to bring you our October 2022 Indianapolis rental market report update. So were in kind of a weird time right now. It's the fall, kids are back in school, and interest rates are definitely still ...

Indianapolis is ranked as the fourth top housing market positioned for growth in 2022. Real estate investors are also putting Indianapolis at the top of their rental market list, where the property prices are stable, and potential returns are more likely to be higher. If you are one of these investors, you might need to pay close att...

With most courts opening to eviction hearings again, landlords in Noblesville who have been unable to evict nonpaying tenants during the pandemic are likely pulling together their notices and documentations to get the process moving forward.The Landlord/Tenant Task Force was created by Indiana courts to help Indianapolis rental property o...

More than a year of contact-free showings and pandemic protocols has taught us the importance of utilizing innovative technology in the management of Indianapolis rental properties. At Red Door Property Management, we had invested in some great tech platforms even before they became absolutely necessary.The reason is simple - it helps us ...

Vacancies are to be expected; you will have periods of time between one tenant leaving and another moving in. Minimizing those vacancy times is critical, however, because an unoccupied property brings a lot of risk and liability to you as the owner. There are both financial risks and physical risks. We’re exploring those in today&rs...

Anyone who has ever rented out a property in Indianapolis knows that it can often be a challenge to find great vendors. This is especially true now, as maintenance costs are increasing and many good vendors and contractors are busy serving their current clients and all the new construction projects happening around the region.This is one ...

There seems to be a lot more energy around the move-in date than the move-out date when it comes to renting out Indianapolis properties. However, the move-out process is just as important to you as an owner, and you need a process in place to ensure it’s simple and convenient.When a tenant moves out of your rental home, you want to ...

Professional property management is always worth the money. It seems easy enough to manage your own property and avoid the property management fee that you would pay a professional, but it’s not as simple as it seems. And, you can actually end up spending more than you realize when you’re not working with experts.Whether you&r...

Indianapolis landlords do not have any legal restrictions when making decisions about pets. When it comes to leasing your property, you can allow all pets or no pets or some pets.We always recommend pet-friendly properties because such a large section of the tenant pool has at least one pet. When you allow pets and have a strong pet polic...

If you’re thinking about a single-family home in Indianapolis as a real estate investment, you’re making a good choice. Your property will likely earn higher rents, attract stable tenants, and appreciate quickly in value. While the real estate market throughout the area is strong and thriving, you have to be prepared for thing...