by Peter Lohmann | Mar 8, 2022 | Owner Education, Property Maintenance, Property Management Education
In Part 1 on the economics of owning and managing small multifamily units, we discussed the advantages and disadvantages of adding multifamily properties to your investment portfolio. On the whole, we believe this type of rental property generally adds value in terms...
by Peter Lohmann | Mar 1, 2022 | Owner Education, Property Maintenance, Property Management Education
One of the most important things property managers do for their clients is get a unit ready to rent after a previous tenant moves out. We call this a “turn” or “turnover” in the industry, and there are a lot of things that happen during this process. Let’s walk...
by Peter Lohmann | Feb 3, 2022 | Owner Education, Property Maintenance, Property Management Education
As a business, we’re always learning new ways to refine our processes to best accommodate our clients and their needs, but we’ll admit that working in property management can be a humbling experience, especially during periods of growth. Truth be told, we’ve...
by Peter Lohmann | Jan 25, 2022 | Owner Education, Owner Occupied Podcast, Property Maintenance, Property Management Education
When property owners hear the term “property management,” they conjure up a variety of definitions – most of which are not accurate. The challenge is that without a standardized scope of services provided by property managers, it’s easy for confusion and frustration...
by Peter Lohmann | Jan 13, 2022 | Owner Education, Property Maintenance, Property Management Education
While mistakes are an inevitable part of life, no business owner likes to admit to making them. But, in the spirit of transparency and sharing what we’ve learned, we’re going to do something a little differently in this post than what we usually do on our blog....
by Peter Lohmann | Jan 11, 2022 | Owner Education, Property Maintenance, Property Management Education
Securing good tenants is one of the most important components of being a property owner and real estate investor, and it’s something we spend a lot of time thinking about here at RL Property Management. Throughout our years as a property management company...
