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...
by Peter Lohmann | Aug 6, 2024 | Owner Education, Property Maintenance, Property Management Education
A well-drafted lease agreement protects your interests as a landlord as well as your tenants’. If it’s been some time since you’ve reviewed your lease agreement or if you’re drafting one for the first time, read on for some important clauses to include. 5 Essential...
by Peter Lohmann | Jul 23, 2024 | Investing in Rental Properties, Owner Education, Property Management Education
Depreciation in real estate is a tax strategy that, when used effectively, can help you be even more successful with your investment. Here are some key things to know about building wealth with depreciation. Depreciation as Defined by the IRS Depreciation is an...