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...
by Peter Lohmann | Nov 29, 2022 | Owner Education, Property Maintenance, Property Management Education
Spoiler alert – it snows in Columbus. While it may not amount to the same level of snow other areas of the U.S. get, it still can be significant, and it can still significantly affect a property owner’s budget. Per data we’ve collected on multifamily rental...
by Peter Lohmann | Nov 1, 2022 | Owner Education, Property Maintenance, Property Management Education
Just as your tenants sign a lease agreement before they begin living in your rental property, so too must you as a property owner sign an agreement with the property management company you’ve selected to work with. This agreement, like all business contracts, should...
by Peter Lohmann | Oct 20, 2022 | Owner Education, Property Maintenance, Property Management Education
The owner/tenant relationship is a business relationship by nature, and both parties stand to benefit when the relationship is positive. Tenants who feel valued and appreciated are more likely to take good care of the rental unit. They may also be more likely to...
