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Self-Managing Rental Property? Do NOT Overlook These 5 Critical Items.

Self-Managing Rental Property? Do NOT Overlook These 5 Critical Items.

by RL Property Management | Aug 14, 2019 | Fair Housing, Owner Education, Property Maintenance, Property Management Education, Rent Collection

There is A LOT to know when being a landlord. The RL Property Management team has several decades worth of “landlording” experience in-house. In most situations, we know the “best practice” approach, mostly due to training but also learned from mistakes made in the...
Keeping Residents Safe – Smoke, Fire and Carbon Monoxide Detectors

Keeping Residents Safe – Smoke, Fire and Carbon Monoxide Detectors

by RL Property Management | Aug 14, 2019 | Fair Housing, Owner Education, Property Maintenance, Property Management Education, Rent Collection

Did you know that 3 out of 5 deaths caused by fires occur in homes with defective or absent smoke alarms? Our team is sensitive to these stories and hears about these types of incidents way too often in the news. Unfortunately, we have taken on management of way too...
5 Important Lease Terms You Can’t Afford to Overlook

5 Important Lease Terms You Can’t Afford to Overlook

by RL Property Management | Aug 14, 2019 | Fair Housing, Owner Education, Uncategorized

Like all contracts, leases are not all that useful until there are issues. Here are 5 key lease clauses that you should ensure are clear and present in every lease: Who owns what? Range, Refrigerator, Dishwasher, Clothes Washer, Clothes Dryer, Remotes, Keys, Trash...
How Much Money Should You Hold In Reserve for Each Rental Unit?

How Much Money Should You Hold In Reserve for Each Rental Unit?

by RL Property Management | Aug 14, 2019 | Owner Education, Uncategorized

RL Property Management generally recommends that rental property owners hold at least 6 months worth of rent in reserve for each unit that they own. Your goal is to be prepared when you need a new $5,000 HVAC system or a $9,000 roof or a new $1,200 refrigerator. This...
Should you sub-meter your Multifamily Columbus Units for Water/Sewer Use?

Should you sub-meter your Multifamily Columbus Units for Water/Sewer Use?

by RL Property Management | Jun 13, 2019 | Owner Education, Uncategorized

RL Property Management Group has managed several hundred duplex and multifamily properties in and around Columbus, OH, and have tried every different way to bill for water/sewage. We have included it in rent as a flat fee, split the city bill evenly between units, and...
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