The Red Door Blog
Market reports, owner guidance, and tenant resources from the Red Door team.
Market Reports
How Remote Work Impacts the Indianapolis Housing Market
Remote work was on its way into the economy and the workforce even before the pandemic. Once the COVID-19 pandemic showed up, it became more common.
Landlord Tips
Indiana Rental Laws Every Landlord Should Know
Legal trouble is never good. Here is an overview of some laws that every landlord in Indiana should know.
Market Reports
Indianapolis Rental Market Report – October 2022
Indianapolis Rental Market Report for October 2022. Covering topics like average rental amount in Indianapolis, average days on market, trends and insights into the single family and multi-family rental market in Indianapolis.
Market Reports
Indianapolis Real Estate Market Report 2022
To give you a brief idea of the current market scenario, we present the August 2022 report that provides information and valuable details city-by-city, including essential statistics of rental homes, current rental prices, and absorption rate. So, let’s look at the Indianapolis market for August 2022.
Tenant Resources
Noblesville's Eviction Process: What Landlords Should Know
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.
Landlord Tips
How Technology Makes Managing a Rental Property Easier
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.
Tenant Resources
The Risks of Leaving a Rental Property Vacant
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’s blog.
Property Maintenance
Benefits of Using Preferred Vendors for Your Rental
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.
Tenant Resources
Steps for a Successful Move-Out Process
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.
Tenant Resources
Noblesville Property Management: When Is It Worth It?
Don’t wait until you’re dealing with an eviction or a long vacancy or a tenant who is disputing a security deposit. Have your Noblesville property management experts in place early.
Landlord Tips
Landlord's Guide to Pets, Service & Companion Animals
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.
Tenant Resources
Tips for First-Time Single-Family Rental Investors
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 things like vacancy loss, tenant risk, and the local and federal rental laws.