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How to Plan for Unexpected Repairs: Building a Reserve Fund for Capital Expenses

How to Plan for Unexpected Repairs: Building a Reserve Fund for Capital Expenses

by Peter Lohmann | Nov 5, 2024 | Investing in Rental Properties, Owner Education, Property Management Education, Rental Market Trends

Owning rental properties can be rewarding, but it also comes with unexpected challenges. From plumbing emergencies to foundation issues, unforeseen repairs can quickly strain your finances. That’s why having a reserve fund isn’t just a good idea—it’s essential....
Legal Considerations for Rent Collection: Avoiding Common Pitfalls

Legal Considerations for Rent Collection: Avoiding Common Pitfalls

by Peter Lohmann | Oct 28, 2024 | Eviction, Owner Education, Rent Collection

Rent collection can be a complicated process, and it’s essential for landlords to stay compliant with local, state, and federal laws to avoid legal issues. Mistakes like improper handling of late fees, issuing incorrect notices, or violating tenant rights can lead to...
Maximizing Rental Property ROI with Property Management in Dublin, Ohio

Maximizing Rental Property ROI with Property Management in Dublin, Ohio

by Peter Lohmann | Oct 23, 2024 | Eviction, Investing in Rental Properties, Owner Education, Property Management Education, Rent Collection, Tenant Screening

Navigating the world of real estate investing in an area like Dublin, Ohio, can be exciting and profitable. However, maximizing success requires a thoughtful strategy and constant oversight. This is where property management in Dublin, Ohio steps in to simplify the...
Handling Partial Payments: Should You Accept Less Than Full Rent?

Handling Partial Payments: Should You Accept Less Than Full Rent?

by Peter Lohmann | Oct 21, 2024 | Owner Education, Rent Collection

Rent collection is a crucial part of managing rental properties, but landlords may sometimes face situations where tenants cannot pay the full rent on time. This raises the question: should partial rent payments be accepted? While it can seem like a reasonable...
What to Do When Tenants Miss Payments: A Step-by-Step Guide for Landlords

What to Do When Tenants Miss Payments: A Step-by-Step Guide for Landlords

by Peter Lohmann | Oct 15, 2024 | Eviction, Owner Education, Property Management Education, Rent Collection

When tenants miss payments, it can disrupt your cash flow and create stress for landlords. Whether due to financial difficulties, forgetfulness, or misunderstandings, missed payments can escalate into ongoing issues, legal trouble, or even eviction if not addressed...
Proactive Rent Collection Strategies: How to Prevent Payment Issues Before They Happen

Proactive Rent Collection Strategies: How to Prevent Payment Issues Before They Happen

by Peter Lohmann | Oct 7, 2024 | Owner Education, Rent Collection

Proactive rent collection is essential for managing rental properties, but it can also be one of the most stressful tasks for landlords. Missed payments, late fees, and disputes can quickly disrupt cash flow and damage tenant relationships. However, by taking...
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