You already know that first impressions matter, but did you know that they matter enough to influence lease renewal? While surprising to some, studies suggest that most residents have already made up their minds about renewal within the first few weeks of moving into...
Guess what? You don’t have to commit to a 12-month lease agreement. The length of your lease can be whatever you want it to be, and while 12 months is typically a standard length, there are good reasons why you may not always want yours to be. Modifying Your Lease...
Adjusting rent rates at renewal is part art, part science, and it requires some skill to tactfully introduce an increase. While residents often expect a rate adjustment during lease renewal, most will start packing if those increases feel too greedy. As you consider...
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,...
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...
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...
