Reliable management. Radical transparency.
Boomerang Property Group is locally owned, and we treat your property like it's our own — because we own and manage Indianapolis rentals ourselves. Thorough tenant screening, prompt maintenance, accessible communication, and a fee schedule you can read before you ever call us.
And we're selective — about the tenants we place, the homes we manage, and the owners we take on. Staying small is how we keep the service deeply personal and every property worth living in.
Our fees, next to what the market charges
Some managers publish pricing — in tiers, plans, and minimums. We have one flat schedule: no plans to compare, no per-unit minimums, no add-ons. Here it is, complete, next to typical Indianapolis rates.
| Item | Boomerang | Typical Indianapolis market |
|---|---|---|
| Monthly management fee | 10% of gross rent | 8–12%+ of collected rent |
| Setup / onboarding fee | $0 | $250–350 per property |
| Maintenance markup | 0% — none | 10–15% on vendor services |
| Property inspections | $0 — included | $50–75 per inspection |
| Vacancy fee | $0 | varies |
| Market / rent analysis | $0 | often charged |
| New tenant placement | 50% of first month's rent | 50–100% of first month |
| Lease renewal | $250 flat | $200–300 flat |
| Bill-payment services | Included | usually included |
| Eviction coordination | Included (plus legal costs) | $200–500 + legal |
| Early termination | 10% of tenant-collected rent | 2–3 months of mgmt fees |
| Late fees | Split 50/50 owner & mgmt | varies |
| Pet fees | 100% to owner | varies |
Residential single-family schedule. Larger and multi-family portfolios quoted individually.
What would Boomerang actually cost you?
No markup on maintenance means the biggest hidden cost in property management simply isn't here. Try your own rent:
Boomerang — first year
Typical manager — first year
Assumptions shown in full — that's the point. Typical-manager column assumes 10% management, $300 setup, two $60 inspections, 12.5% markup on an estimated $1,800/yr of maintenance, and a full first month's rent to place a tenant (a common local rate). Boomerang's placement is 50% of first month.
Full-service means full service
Monthly statements
Clear owner statements and invoices in your portal — see exactly where every dollar went.
Maintenance, at cost
Repairs over $250 get your approval first. Vendor work is passed through with zero markup.
Inspections included
Regular property inspections at no charge — protecting your asset is the job, not an upsell.
Rigorous screening
Background, credit, income, rental history, and criminal checks on every applicant — fair-housing compliant.
Bill-pay & utilities
We keep utilities connected during vacancies and handle property bills so nothing slips.
Eviction coordination
If it ever comes to it, we coordinate the process — included, plus court costs only.
Extra protection, if you want it
Guaranteed Lease
We stand behind our screening: if a tenant we placed breaks their lease within the first six months, we find and place the next tenant free — no second placement fee.
Applies to tenants placed through our full six-step screening at the published standards.
Repair Deferral Program
A big repair shouldn't mean a big invoice. Larger repairs can be spread across your upcoming rent disbursements — interest-free, over up to six months — instead of hitting you as a lump sum.
A deferral rides on the rent it's spread across — if the tenant's payment status changes and rent isn't coming in on schedule, deferral isn't available for that period.
Both programs' full terms and conditions live in the management agreement, in plain English — we'd rather tell you the conditions up front than surprise you with them later. And no, there's no "eviction protection plan" to buy — eviction coordination is already included in the standard schedule.
You've seen the pricing. Let's talk about your property.
A rent analysis is free — like the table says.
Call 317-417-8404 Send us a message