Property Management Question, Indianapolis Specific

[Eddie Starr]

Greetings BP community. I'm looking for a property management company that can work with SFH in Indianapolis and surrounding areas, possibly as far as Anderson. However, if they can just work Indianapolis, that would be good.

The scenario is as following, and not sure if it's possible: I'm looking at acquiring a few SFHs. The minimum is a 4 BR. Each room could be rented to an individual: Active Duty/Reserve/Guard, college students, young and single professionals, etc.

I spoke with a highly recommended property management firm, and they said they only rent per unit, not room. Can anyone suggest a property management firm in the area?

[Josh C.]

@Eddie Starr

That’s just not common. This isn’t San Francisco where rent is expensive. You can get a nice one bedroom for $700 or less so why would you share? Even in the best location you wouldn’t see this. I’d be afraid of the tenant class that wants to rent one bedroom with a shared living space. Definitely not young professionals. Good fit drug addicts though.

[Andy Rumple]

Josh C quit being a smartass

[Ian McCullough]

Josh is right, it usually doesn't happen in Indy, Maybe in Lafayette or Bloomington with the college-centric community but in Indy your are better off getting multi family. Duplexes are all over the place, but know your neighborhood. One street could be the difference between getting paid or getting screwed.

[Hayley Wild]

@Eddie Starr Harvey Property Management is great.

[Bryan Richardson]

Originally posted by @Eddie Starr:

Greetings BP community. I'm looking for a property management company that can work with SFH in Indianapolis and surrounding areas, possibly as far as Anderson. However, if they can just work Indianapolis, that would be good.

The scenario is as following, and not sure if it's possible: I'm looking at acquiring a few SFHs. The minimum is a 4 BR. Each room could be rented to an individual: Active Duty/Reserve/Guard, college students, young and single professionals, etc.

I spoke with a highly recommended property management firm, and they said they only rent per unit, not room. Can anyone suggest a property management firm in the area?

I heard the other day that there actually turning the Anderson mall into housing like this. It's been empty for yrs.