Honest Comparison

How Leaseway Compares to Other Indianapolis Property Managers

Q: Why does Leaseway charge a flat fee instead of a percentage?

A percentage-based fee creates a misaligned incentive: the PM earns more when your rent increases, even if they didn't cause the increase. Our flat fee means you keep 100% of rent increases and our income doesn't depend on your rent level. On a $1,800/month rental, a 10% PM takes $180/month ($2,160/year). Leaseway charges $109-149/month ($1,308-1,788/year) -- saving you $372-$852 annually.

Q: How does Leaseway compare to the big national franchises?

National franchises like PMI or Keyrenter use a franchise model where local operators pay royalties, which get passed to you through higher fees. Leaseway is independently owned and operated in Indianapolis -- no franchise overhead. We also have deeper local knowledge, direct relationships with Central Indiana contractors, and faster decision-making without corporate bureaucracy.

Q: What if I'm currently with another property manager?

Switching is easy and we handle the entire transition. We coordinate with your current PM to transfer: security deposits, tenant files, maintenance records, keys, and access codes. Most transitions complete in 2-3 weeks with zero management gap. We've transitioned hundreds of properties from other Indianapolis PMs.

Q: Do you manage the same property types as larger companies?

Yes. We manage single-family homes, duplexes, triplexes, fourplexes, townhomes, and condos across all of Central Indiana. Our sweet spot is 1-50 unit portfolios where every owner gets personalized attention -- not an 800-number and a ticket queue.

We believe transparency builds trust. Here's an honest, feature-by-feature comparison of Leaseway's flat-fee model versus the typical percentage-based property manager in Indianapolis. No spin -- just facts.

Annual Savings by Rent Level

Leaseway Professional ($129/mo) vs. 10% Management Fee

$1,200/mo Rent

comparable cost

$1,500/mo Rent

$252

saved per year

$2,000/mo Rent

$852

saved per year

$2,500/mo Rent

$1,452

saved per year

Plus additional savings from $0 lease renewal fees, $0 maintenance markups, and $0 setup fees

Feature-by-Feature Comparison

Feature	Leaseway	Typical PM
Pricing Model	Flat fee ($109-149/mo)	8-12% of rent
Cost on $1,500/mo Rent	$109-149/month	$120-180/month
Cost on $2,000/mo Rent	$109-149/month	$160-240/month
Maintenance Markup	0% (no markup)	10-20% typical
Lease Renewal Fee	$0	$150-300
Monthly Statement Fee	$0	$0-25/month
Setup / Onboarding Fee	$0	$200-500
Advertising/Marketing Fee	$0 (included)	$100-300
21-Day Leasing Guarantee
Eviction Protection	(Professional plan+)	(Professional plan+)
24/7 Emergency Line
Online Owner Portal
Online Tenant Portal
Professional Photography	(Most charge extra)	(Most charge extra)
50+ Site Listing Syndication
Bi-Annual Property Inspections	(Usually extra charge)	(Usually extra charge)
Year-End Tax Packages
Month-to-Month After 6 Mo	(Most require 12-month)	(Most require 12-month)
No Cancellation Penalty	(Most charge early termination)	(Most charge early termination)
Dedicated Account Manager	(Investor plan)	(Investor plan)

The Leaseway Advantage

Why Landlords Switch to Leaseway

Save $372-$1,500+/Year on Fees

Our flat fee means you keep 100% of rent increases. As your rent goes up, your management cost stays the same. On a $2,000/month rental, you save $672-$1,092/year vs. a 10% PM.

Zero Hidden Fees

No maintenance markups, no lease renewal fees, no setup fees, no advertising charges. Everything is included in your flat monthly rate. Your monthly statement will never surprise you.

21-Day Leasing Guarantee

We guarantee a qualified tenant within 21 days or we waive the leasing fee. No other Indianapolis PM offers this. Our average is actually 18 days thanks to professional marketing.

Local Expertise, Not a Franchise

We live and invest in Indianapolis. Every dollar you pay goes to your property management -- not franchise royalties or corporate overhead. You work with people who know Broad Ripple from Brownsburg.

Performance That Speaks

98% rent collection rate, < 1% eviction rate, and a 75%+ lease renewal rate. Our results are why we can offer month-to-month agreements after 6 months -- we earn your business every single month.

A Note on Transparency

We don't name specific competitors because our goal isn't to tear anyone down -- it's to help you make an informed decision. The "Typical PM" column represents industry-standard practices from percentage-based managers in the Indianapolis market. Every landlord's situation is different. If you want a personalized comparison based on your specific properties, contact us for a free analysis.

Common Questions

Why does Leaseway charge a flat fee instead of a percentage?+

A percentage-based fee creates a misaligned incentive: the PM earns more when your rent increases, even if they didn't cause the increase. Our flat fee means you keep 100% of rent increases and our income doesn't depend on your rent level. On a $1,800/month rental, a 10% PM takes $180/month ($2,160/year). Leaseway charges $109-149/month ($1,308-1,788/year) -- saving you $372-$852 annually.

How does Leaseway compare to the big national franchises?+

National franchises like PMI or Keyrenter use a franchise model where local operators pay royalties, which get passed to you through higher fees. Leaseway is independently owned and operated in Indianapolis -- no franchise overhead. We also have deeper local knowledge, direct relationships with Central Indiana contractors, and faster decision-making without corporate bureaucracy.

What if I'm currently with another property manager?+

Switching is easy and we handle the entire transition. We coordinate with your current PM to transfer: security deposits, tenant files, maintenance records, keys, and access codes. Most transitions complete in 2-3 weeks with zero management gap. We've transitioned hundreds of properties from other Indianapolis PMs.

Do you manage the same property types as larger companies?+

Yes. We manage single-family homes, duplexes, triplexes, fourplexes, townhomes, and condos across all of Central Indiana. Our sweet spot is 1-50 unit portfolios where every owner gets personalized attention -- not an 800-number and a ticket queue.

See How Much You Could Save

Get a personalized comparison showing exactly what you'd pay with Leaseway vs. your current management arrangement. Free, no obligation.

Get Free Comparison Call 317-445-9151

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Feature-by-Feature Comparison

Feature	Leaseway	Typical PM
Pricing Model	Flat fee ($109-149/mo)	8-12% of rent
Cost on $1,500/mo Rent	$109-149/month	$120-180/month
Cost on $2,000/mo Rent	$109-149/month	$160-240/month
Maintenance Markup	0% (no markup)	10-20% typical
Lease Renewal Fee	$0	$150-300
Monthly Statement Fee	$0	$0-25/month
Setup / Onboarding Fee	$0	$200-500
Advertising/Marketing Fee	$0 (included)	$100-300
21-Day Leasing Guarantee
Eviction Protection	(Professional plan+)	(Professional plan+)
24/7 Emergency Line
Online Owner Portal
Online Tenant Portal
Professional Photography	(Most charge extra)	(Most charge extra)
50+ Site Listing Syndication
Bi-Annual Property Inspections	(Usually extra charge)	(Usually extra charge)
Year-End Tax Packages
Month-to-Month After 6 Mo	(Most require 12-month)	(Most require 12-month)
No Cancellation Penalty	(Most charge early termination)	(Most charge early termination)
Dedicated Account Manager	(Investor plan)	(Investor plan)

A Note on Transparency

Common Questions

Why does Leaseway charge a flat fee instead of a percentage?+

How does Leaseway compare to the big national franchises?+

What if I'm currently with another property manager?+

Do you manage the same property types as larger companies?+