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Location, Location, Location: How to Avoid Poor Rental Property Selection

Let’s be real for a second: some properties are easier to rent than others. Depending on the magic phrase of real estate (location, location, location), your rental property can either struggle indefinitely or succeed magnificently. But how to choose the right rental property to invest in? Out of all the property management companies, Indianapolis landlords rely on Real Property Management Indianapolis Edge to help select a great rental home. The name Real Property Management Indianapolis Edge always means high ethical standards, in-depth expertise, and quality service.

Lawrence property management experts know not all markets are created equal. Our local team is highly specialized in the area markets.

Here’s a quick quiz to decide if your rental property is going to appeal to great tenants:

  1. How close are public transportation, shopping centers, and other amenities?
    a. Great! Everything is easily accessible and nearby.
    b. Okay. It’s a bit of a drive, but nothing too inconvenient.
    c. Eh. This property is pretty removed from everything.
  2. What is the quality of the area schools?
    a. The kids here excel, and the teachers are exceptional.
    b. The kids here pass, and the teachers are great.
    c. The kids here struggle, and the teachers are stressed.
  3. What are the ordinances and regulations for landlords?
    a. Not too harsh, not too laid back.
    b. A little strict, but pretty manageable.
    c. Don’t step a toe out of line or you will sink.
  4. What are the local HOA codes?
    a. Not too many regulations or potential fees.
    b. Some restrictions apply
    c. Violators are severely punished here.
  5. Are the values appreciating here?
    a. Absolutely! Higher rents and low vacancy rates galore.
    b. Mostly. Could be better, but not too bad.
    c. The market here is way out of whack.

We’ve seen it all, and our Real Property Management Indianapolis Edge experts work diligently to help you pick the best property for your investment. With more families turning to rent long-term, finding family homes that can support a family lifestyle is important. Most tenants want a home that is less than 15 years old, without small layouts, unfenced yards, or busy streets.

We surpass the standards of the industry, creating a trustworthy, effective model to help investors get a better return. Out of the many property management companies, Indianapolis investors depend on Real Property Management Indianapolis Edge for superior service and excellent rates. Call today to learn about a free market assessment of your property and get our local, professional team working for you!

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.

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