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How to Plan for Unexpected Repairs: Building a Reserve Fund for Capital Expenses

How to Plan for Unexpected Repairs: Building a Reserve Fund for Capital Expenses

by Peter Lohmann | Nov 5, 2024 | Investing in Rental Properties, Owner Education, Property Management Education, Rental Market Trends

Owning rental properties can be rewarding, but it also comes with unexpected challenges. From plumbing emergencies to foundation issues, unforeseen repairs can quickly strain your finances. That’s why having a reserve fund isn’t just a good idea—it’s essential....
Maximizing Rental Property ROI with Property Management in Dublin, Ohio

Maximizing Rental Property ROI with Property Management in Dublin, Ohio

by Peter Lohmann | Oct 23, 2024 | Eviction, Investing in Rental Properties, Owner Education, Property Management Education, Rent Collection, Tenant Screening

Navigating the world of real estate investing in an area like Dublin, Ohio, can be exciting and profitable. However, maximizing success requires a thoughtful strategy and constant oversight. This is where property management in Dublin, Ohio steps in to simplify the...
What to Do When Tenants Miss Payments: A Step-by-Step Guide for Landlords

What to Do When Tenants Miss Payments: A Step-by-Step Guide for Landlords

by Peter Lohmann | Oct 15, 2024 | Eviction, Owner Education, Property Management Education, Rent Collection

When tenants miss payments, it can disrupt your cash flow and create stress for landlords. Whether due to financial difficulties, forgetfulness, or misunderstandings, missed payments can escalate into ongoing issues, legal trouble, or even eviction if not addressed...
How a Good First Impression Influences Lease Renewal

How a Good First Impression Influences Lease Renewal

by Peter Lohmann | Sep 24, 2024 | Owner Education, Property Management Education

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...
Why You Shouldn’t End Your Lease Agreement During the Slow Season

Why You Shouldn’t End Your Lease Agreement During the Slow Season

by Peter Lohmann | Sep 17, 2024 | Owner Education, Property Management Education

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...
How to Tactfully Increase Your Rent Rates at Renewal

How to Tactfully Increase Your Rent Rates at Renewal

by Peter Lohmann | Sep 10, 2024 | Investing in Rental Properties, Owner Education, Property Management Education

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...
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