by Peter Lohmann | Sep 17, 2024 | Owner Education, Property Management Education
Guess what? You don’t have to commit to a 12-month lease agreement. The length of your lease can be whatever you want it to be, and while 12 months is typically a standard length, there are good reasons why you may not always want yours to be. Modifying Your Lease...
by Peter Lohmann | Sep 10, 2024 | Investing in Rental Properties, Owner Education, Property Management Education
Adjusting rent rates at renewal is part art, part science, and it requires some skill to tactfully introduce an increase. While residents often expect a rate adjustment during lease renewal, most will start packing if those increases feel too greedy. As you consider...
by Peter Lohmann | Sep 3, 2024 | Owner Education, Property Management Education
Establishing rent rates can be a stressful experience for many property owners, especially if a unit has already been sitting vacant for a while but getting the rate “just right” is key to your investment success as a property owner in Columbus. Set the rate too high,...
by Peter Lohmann | Aug 23, 2024 | Owner Education, Property Maintenance, Property Management Education
There’s no escaping maintenance responsibilities if you’re a landlord, and even if you’re a tenant, there are often certain repairs and upkeep you will be expected to take care of as part of your lease agreement, though the majority of bigger repairs do tend to fall...
by Peter Lohmann | Aug 20, 2024 | Owner Education, Property Management Education
First-time property investors often ask if there is a rule of thumb for calculating maintenance costs. While it would certainly be easier from a budget planning perspective to apply a blanket rule when deciding how much to set aside in reserves, an approach like this...
by Peter Lohmann | Aug 15, 2024 | Owner Education, Property Management Education
Maintenance is a reality for any property owner. Whether it’s routine upkeep to ensure property values continue to rise or a middle-of-the-night emergency, someone needs to give ongoing attention to the places we and our tenants reside. For landlords and property...
