by Peter Lohmann | Mar 12, 2024 | Property Maintenance, Property Management Education
The tenant-landlord relationship is adversarial in its design. The landlord is the person collecting rent, they have control over the residence, and in terms of winning over praise, there’s basically no hope, at least categorically. This inherent power imbalance can...
by Peter Lohmann | Oct 3, 2023 | Investing in Rental Properties, Owner Education, Property Maintenance, Property Management Education
A key motivation for any property investor is obviously to maximize returns. What’s not always so obvious is exactly how to go about doing that in an effective and sustainable way. This is where focusing on NOI, or net operating income, becomes important. For real...
by Peter Lohmann | May 23, 2023 | Owner Education, Property Maintenance, Property Management Education
Increasing NOI doesn’t require complicated computations or abstract algorithms. Anyone can do it with a sound strategy and insightful data to guide their decision-making When it comes to operational expenses in particular, using past data to inform future investment...
by Peter Lohmann | May 16, 2023 | Owner Education, Property Maintenance, Property Management Education
Maintenance expenses are far and away the greatest category of spend for any property investor. While that may not seem like the greatest news, the silver lining is that it also means it offers one of the greatest areas of opportunity in terms of how you can optimize...
by Peter Lohmann | Feb 7, 2023 | Owner Education, Property Maintenance, Property Management Education
You’ve done all the right things to secure a high-quality tenant. You have a great resident in your property who pays their rent on time, is not disruptive and follows the rules. Now, the question is, how do you keep them? Ways to Retain a Resident at Renewal While...
by Peter Lohmann | Jan 19, 2023 | Investing in Rental Properties, Owner Education, Property Maintenance, Property Management Education
In our last post we discussed one scenario when you should consider reevaluating the amount you charge for rent – during a lease renewal period. Here we’ll talk about how to approach setting rental rates when a unit is sitting vacant. Scenario #2: Evaluating...
