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Strategies for Evaluating Value-Add Opportunities When Investing in Multi-Family Properties

by Peter Lohmann | Apr 16, 2024 | Investing in Rental Properties, Owner Education, Property Management Education

When you choose to invest in real estate, you’re doing so because of the growth opportunities, not because you’re looking for more work or like being awoken in the middle of the night by a tenant emergency. No, you’re looking to turn a profit. While there are many...
What Does the 1% Rule Mean in Multi-Family Real Estate?

What Does the 1% Rule Mean in Multi-Family Real Estate?

by Peter Lohmann | Apr 9, 2024 | Owner Education, Property Management Education

Assessing a property’s investment potential requires detailed calculations, but wouldn’t it be nice if there was a quick way to weed out properties that simply won’t make the final cut? This is where the 1% rule becomes useful, and it’s a formula that those looking to...
Questions to Ask When Interviewing a Property Management Company in Columbus

Questions to Ask When Interviewing a Property Management Company in Columbus

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,...
How to Minimize Expensive Property Repairs

How to Minimize Expensive Property Repairs

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...
Best Practices for Handling Tenant Complaints

Best Practices for Handling Tenant Complaints

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...
Tips for Finding Good Tenants in Franklin County

Tips for Finding Good Tenants in Franklin County

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...
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