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...
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...
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...