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Which Utility Bills are Tenants Responsible For and Which are Owners Responsible For?

Which Utility Bills are Tenants Responsible For and Which are Owners Responsible For?

by Peter Lohmann | Dec 8, 2021 | Property Maintenance, Property Management Education

  One important part of being a landlord or property owner is dealing with utilities. When lease terms are not clearly spelled out, utility payments – and who’s responsible for what – can become a point of contention between tenants and landlords. Ensuring that...
How Do You Screen Potential Residents, and What is the Application Procedure?

How Do You Screen Potential Residents, and What is the Application Procedure?

by Peter Lohmann | Nov 16, 2021 | Owner Education, Property Management Education

    Filling units with reliable tenants is important for many reasons. It may cut down on turnover and reduce your overall vacancies, it may limit the amount of issues you have to deal with related to a tenant’s ability (or inability) to pay, and it may mean...
What’s the Average Turn-Around Time Between the Departure of One Tenant and the Placement of Another?

What’s the Average Turn-Around Time Between the Departure of One Tenant and the Placement of Another?

by Peter Lohmann | Nov 9, 2021 | Owner Education, Property Management Education

    The goal of an investment property is for it generate revenue for you through rental income, but we can’t talk about rental properties and investment opportunities without also talking about vacancies. Vacancies between tenants or during a major...
Marketing Strategies You Can Use to Locate New Tenants

Marketing Strategies You Can Use to Locate New Tenants

by Peter Lohmann | Nov 3, 2021 | Owner Education, Property Management Education

    Filling your rental properties with quality tenants is essential to remaining successful as a property owner or landlord. Maybe if you’re really lucky, a great tenant will just walk through your door. But more often than not, it takes work on your end to...
Trying to Grow a Small Business or Real Estate Company? Here are 5 Mistakes to Avoid (Part 1)

Trying to Grow a Small Business or Real Estate Company? Here are 5 Mistakes to Avoid (Part 1)

by Peter Lohmann | Oct 21, 2021 | Owner Education, Owner Occupied Podcast, Property Management Education

As with any new challenge in life, mistakes are an inevitable part of navigating the learning curve. Fortunately, there are ways to minimize the amount of mistakes you make by learning from those who have gone before you. As small business owners ourselves, we have...
What’s the Difference Between a Property Manager and a Leasing Agent?

What’s the Difference Between a Property Manager and a Leasing Agent?

by Peter Lohmann | Oct 19, 2021 | Investing in Rental Properties, Owner Education, Property Management Education

  Investors have a lot on their plates, and a big priority is ensuring that their units are filled quickly and turnover stays low so that a steady stream of income continues to flow in from their investments. In terms of filling vacancies, there are several ways...
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