The Benefits Of Residential Property Management Services

The market for rental properties throughout Indianapolis, IN, makes this an ideal investment opportunity for many people throughout the city. This could include buying a second home as a rental, renting your current home, and downsizing or upsizing to a new residence, or adding multiple rental properties as part of a retirement or income plan.

The Best in Residential Property Management Companies Near Indianapolis, IN

Hiring the team at Park Place to provide residential home property management is a simple way to avoid all the challenges of managing a rental property. We will complete the marketing, tenant management, advertising, and even screening of tenants before they move in.

Our experienced team offers customized residential property management services to meet your needs. We can help with construction and remodeling, manage snow removal and landscaping, and make sure all financial reporting is available to you to make investment decisions.

When you select Park Place as your residential property management firm, you have complete peace of mind. We even offer full services for managing evictions, if necessary, and will work to ensure you are compensated as per your lease agreement, including pursuing tenants that default.

For a single rental home or if you are adding multiple properties, Park Place offers the residential real estate management services you need. Our team can customize rental payments to suit your needs, and we always strive for full occupancy of all of your properties.

When you are ready to work with the city’s best residential rental property management company, call Park Place. We are easy to reach at 371.214.8552.

Have you ever thought, “I can get a rental and rent it out, no big deal”? We are not here to discourage that decision, but when you get tired of the headaches, please call us! When buying a rental property or turning a current residence into a rental property there are many things to consider.

Value of Management:

When you buy a rental property OR turn your current residence into a rental property there are several things that you need to consider when you are going to look at this as an option. The top concern is that the management of the asset is what makes or breaks your experience and your bank account at the end of the day. Management is simply handling the day to day tasks that make rental property a second job (or third).

There are two ways to look at “paid management.”

“This is going to cost way too much money for what it is worth, I can learn this…”
“This is worth every penny…at least I don’t have to learn everything the hard way and cost me more money in the long run.”

Management is defined as simply, handling the day-to-day tasks that make rental property a full-time job. At the end of the day, management of the asset will make or break your experience and your bank account. We can help you bypass the inevitable mistakes that will cost you money and frustration. With more than 25 years of experience, we property differently and respond proactively.

Expertise:

Failure is the key to success, each mistake teaches us something. Save yourself headaches and expensive lessons by learning through our experience. Our staff is thoroughly equipped to help you in managing your real estate. This is a team game and we need you involved.

Let us help you answer these questions:

  • What is my property actually worth?
  • What is my seven year plan?
  • Do I even need a plan?
  • My tenant is not paying. How long do I need to wait before I can evict him?
  • Do I use my own money to fix what my tenant broke?

Leasing:

Our lease time lines are the fastest in the business. Utilizing more than 15 different marketing websites, your rental property will have endless exposure. We screen the tenants with a both a financial background and full US criminal background check. We know who is living in our home!

Financial Reporting:

All financial reports can be available through our online system 24/7. 1099-MISC reports are provided each year to those who qualify to require those. To discuss our payment options for your rental monies owed, please contact us because we can tailor them to your specific needs.

Legal:

We are experts in handling evictions. Through years of experience, we have the legal system down to a science. When it comes to gaining possession, obtaining rent and damage judgements, and garnishing wages, our legal team is fast, efficient and experienced. Our professionals will gain your property possession back to release, and pursue defaulted clients on your behalf.

***Disclaimer: We are NOT attorney’s or stating that we are able to give legal advice. We work with attorney’s in order to gain the judgments and keep in contact to gain financial compensation for our clients