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The Most Expensive Property Repairs in Ohio and How to Avoid Them

The Most Expensive Property Repairs in Ohio and How to Avoid Them

by Peter Lohmann | Apr 5, 2022 | Owner Education, Property Maintenance, Property Management Education

Investing in rental properties can be a good way to earn passive income (though “passive” is certainly a relative term). What gets in the way of any given unit’s earning potential, however, are the inevitable expenses that come with property maintenance and repairs....
Lessons Learned: When Owner Disbursements Processes Need to Be Refined

Lessons Learned: When Owner Disbursements Processes Need to Be Refined

by Peter Lohmann | Mar 29, 2022 | Owner Education, Property Maintenance, Property Management Education

  We’ll be the first to admit that as a business and as individual employees of the company we’re always learning. Certain mistakes – while we’d rather not make them – give us moments of pause and create opportunities for us to continually refine our...
Economics of Owning & Managing Small Multifamily Units (Part 2)

Economics of Owning & Managing Small Multifamily Units (Part 2)

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...
What is the Turnover Process Between Tenants?

What is the Turnover Process Between Tenants?

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...
Lessons Learned: How to Avoid Accounting Errors During New Client Onboarding

Lessons Learned: How to Avoid Accounting Errors During New Client Onboarding

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...
Should the Property Management Industry be Standardized?

Should the Property Management Industry be Standardized?

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...
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