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How Optimizing Maintenance Boosts NOI

How Optimizing Maintenance Boosts NOI

by Peter Lohmann | May 16, 2023 | Owner Education, Property Maintenance, Property Management Education

Maintenance expenses are far and away the greatest category of spend for any property investor. While that may not seem like the greatest news, the silver lining is that it also means it offers one of the greatest areas of opportunity in terms of how you can optimize...
What Does It Cost to Maintain a Rental Property?

What Does It Cost to Maintain a Rental Property?

by Peter Lohmann | Apr 25, 2023 | Investing in Rental Properties, Owner Education, Property Management Education

Predicting cash flow on a rental property requires you to make certain assumptions about income and expenses. Whereas predicting income can be more straightforward, understanding expenses can feel rather ambiguous. We often get asked if there is a good rule of thumb...
How to Predict Cash Flow for a Rental Property

How to Predict Cash Flow for a Rental Property

by Peter Lohmann | Apr 18, 2023 | Owner Education, Property Management Education

Property owners who are deciding whether to rent or sell their single-family home are rightly running the numbers. How much income might it generate? What other expenses will tap into profits? Ultimately, what kind of cash flow expectations should you have for a given...
What Insurance Do I Need to Protect Myself and My Investment Property?

What Insurance Do I Need to Protect Myself and My Investment Property?

by Peter Lohmann | Mar 9, 2023 | Investing in Rental Properties, Property Management Education

Navigating insurance options is always tricky no matter the type of insurance. For property investors, wading through the numerous insurance coverage offerings and policies can feel especially overwhelming, but it’s imperative to protect yourself against property...
Should You Increase Your Rent Rates at Renewal?

Should You Increase Your Rent Rates at Renewal?

by Peter Lohmann | Mar 7, 2023 | Property Management Education, Rental Market Trends, Rental Price

Keeping your rental units filled with existing residents is almost always preferred to sourcing new tenants. But at the end of the day, you own an investment property and it’s in your best interest to ensure it remains profitable. So, how do you balance rent rate...
Is it a Good Idea to Offer Incentives to Prospective Applicants?

Is it a Good Idea to Offer Incentives to Prospective Applicants?

by Peter Lohmann | Feb 21, 2023 | Owner Education, Property Management Education

You might feel tempted to pull out all the stops when trying to fill a vacant rental property. Don’t. Even if it takes a little longer to find a good applicant, it’s worth the extra time you may need to seek out a high-quality tenants. That said, it doesn’t...
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