by Peter Lohmann | Mar 26, 2024 | Owner Education, Property Management Education
Owning a rental property in Columbus, Ohio, can be a lucrative way to earn passive income and diversify your portfolio, but it’s not without its challenges and commitment. Self-managing rental properties requires owners to be quite hands-on at times (for example,...
by Peter Lohmann | Mar 19, 2024 | Property Maintenance, Property Management Education
Repairs and maintenance make up the largest category of any property owner’s budget. There’s just no getting around it – it takes money to maintain and operate a rental unit. While some of these costs and responsibilities can be handed off to your tenants (if...
by Peter Lohmann | Mar 12, 2024 | Property Maintenance, Property Management Education
The tenant-landlord relationship is adversarial in its design. The landlord is the person collecting rent, they have control over the residence, and in terms of winning over praise, there’s basically no hope, at least categorically. This inherent power imbalance can...
by Peter Lohmann | Mar 5, 2024 | Investing in Rental Properties, Owner Education, Property Management Education
Being a successful real estate investor and property owner hinges largely on your ability to successfully lease your units. But spoiler alert: simply keeping your units occupied is not enough. You must keep them occupied with high-quality tenants if you want to truly...
by Peter Lohmann | Jan 9, 2024 | Investing in Rental Properties, Owner Education, Property Management Education
RL Property Management has been serving owners and residents throughout the greater Columbus area for a decade. Read on to learn more about Peter Lohmann’s start as a property investor and gain insight into how to grow your real estate investment portfolio. How did...
by Peter Lohmann | Dec 26, 2023 | Owner Education, Property Management Education
The IRS has a label to classify everyone and one you don’t want next to your name as a property investor is: ”dealer.” The biggest reason for this is that it can result in you owing double FICA taxes – a total of 15.3% in addition to your federal, state, and...
