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...
by Peter Lohmann | Oct 7, 2024 | Owner Education, Rent Collection
Proactive rent collection is essential for managing rental properties, but it can also be one of the most stressful tasks for landlords. Missed payments, late fees, and disputes can quickly disrupt cash flow and damage tenant relationships. However, by taking...
by RL Property Management | Sep 20, 2019 | Fair Housing, Owner Education, Property Maintenance, Property Management Education, Rent Collection, Uncategorized
All of these assumptions are wrong. They won’t declare bankruptcy while living at the property And if they do, you can evict them They won’t make partial payments They won’t make partial online payments They understand your late fee policy They will pay the water...
by RL Property Management | Sep 20, 2019 | Fair Housing, Owner Education, Property Maintenance, Property Management Education, Rent Collection, Uncategorized
We once had a fellow real estate investor ask: “I have a crack going horizontally straight across the basement wall at one of my properties. I am assuming it is a result of hydro-static pressure. I have had the drains snaked and the tenant does a decent job of keeping...
by RL Property Management | Aug 14, 2019 | Fair Housing, Owner Education, Property Maintenance, Property Management Education, Rent Collection, Uncategorized
Peter Lohmann, RL Property Management, 2019. Something rarely discussed are the long-term advantages of holding rental property. Many “helpers” (realtors, lawyers, bankers, etc) in the real estate industry make money every time you transact...
by RL Property Management | Aug 14, 2019 | Fair Housing, Owner Education, Property Maintenance, Property Management Education, Rent Collection
There is A LOT to know when being a landlord. The RL Property Management team has several decades worth of “landlording” experience in-house. In most situations, we know the “best practice” approach, mostly due to training but also learned from mistakes made in the...
