Property Management Blog

Indianapolis Indiana Rental Market Update November 2022Hey guys. Mike Taylor, broker owner, Red Door Property Management. Today I'm excited to bring you the Indianapolis Market report for November 2022. So, we are fully past the kids going back to school. Interest rates are kind of fluctuating. They were up, they were down. The Fed is...

Rents are high in Indianapolis, and smart landlords are doing everything they can to increase rental values and attract the best tenants. A lot of what you earn and who you attract will depend on the amenities you provide. We know what tenants are looking for and we understand what makes a home more competitive in the rental market. ...

Remote work was on its way into the economy and the workforce even before the pandemic. Professionals who were able to work from home (or anywhere) were doing so. Once the COVID-19 pandemic showed up, it became more common. Now that the pandemic has eased to the point that most people are getting back to some version of normal, remot...

Legal trouble is never good. Unfortunately, it’s easy to make a legal mistake when you’re renting out a property in Indianapolis, especially if you don’t know the laws that pertain to you, your property, and the relationship you have with your tenants. While you don’t have to be a lawyer to effectively in...

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 ...