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Maintenance Mayhem: Who Should Be Responsible for What In a Lease Agreement?

Maintenance Mayhem: Who Should Be Responsible for What In a Lease Agreement?

by Peter Lohmann | Aug 15, 2024 | Owner Education, Property Management Education

Maintenance is a reality for any property owner. Whether it’s routine upkeep to ensure property values continue to rise or a middle-of-the-night emergency, someone needs to give ongoing attention to the places we and our tenants reside. For landlords and property...
Revisiting Your Lease Agreement: Don’t Forget to Include These Terms

Revisiting Your Lease Agreement: Don’t Forget to Include These Terms

by Peter Lohmann | Aug 6, 2024 | Owner Education, Property Maintenance, Property Management Education

A well-drafted lease agreement protects your interests as a landlord as well as your tenants’. If it’s been some time since you’ve reviewed your lease agreement or if you’re drafting one for the first time, read on for some important clauses to include. 5 Essential...
What to Know About Depreciation in Real Estate

What to Know About Depreciation in Real Estate

by Peter Lohmann | Jul 23, 2024 | Investing in Rental Properties, Owner Education, Property Management Education

Depreciation in real estate is a tax strategy that, when used effectively, can help you be even more successful with your investment. Here are some key things to know about building wealth with depreciation. Depreciation as Defined by the IRS Depreciation is an...
Ready to Be a Landlord? Understanding Your Roles and Responsibilities

Ready to Be a Landlord? Understanding Your Roles and Responsibilities

by Peter Lohmann | Jul 16, 2024 | Owner Education, Property Management Education

If you own rental property, you are a landlord. Whether or not you manage the property yourself, you still own the space and any final decisions regarding the property will always be yours. As you pursue a path in real estate investing, it’s imperative to consider...
How Much Should You Save in an Emergency Fund for Your Rental Property?

How Much Should You Save in an Emergency Fund for Your Rental Property?

by Peter Lohmann | Jul 9, 2024 | Owner Education, Property Management Education

Personal Finance 101 tells us to always save for a rainy day, but as property investors, it’s more like we need to save for rainy months. An emergency fund, also referred to as a reserves account, helps shield you from financial disaster when other types of unexpected...
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