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....
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...
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...