by Peter Lohmann | Jul 11, 2023 | Fair Housing, Owner Education, Property Management Education, Rental Market Trends
Fair market rents (FMRs) are established by the U.S. Department of Housing and Urban Development (HUD) and are calculated annually. While HUD uses FMRs as a way to determine rental voucher amounts for government assistance programs like Section 8 housing contracts,...
by Peter Lohmann | Mar 23, 2023 | Owner Education, Rental Market Trends
Just because you’re small doesn’t mean you can’t be mighty. There are many apartment amenities that even small apartment buildings can add or enhance to attract new residents. Here’s a run-down of a few popular features to include if you’re looking to draw in more...
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...
by Peter Lohmann | Feb 1, 2023 | Owner Education, Property Management Education, Rental Market Trends
No one wants to move in December, and probably not so much in November or January either. It’s the holiday season, it’s cold, it’s dark, and the idea of packing up boxes and, if you’re in the idwest like us, trudging through potential snow, is no one’s idea of a good...
by Peter Lohmann | Jan 17, 2023 | Investing in Rental Properties, Owner Education, Property Management Education, Rental Market Trends, Rental Price
The longer your rental unit sits vacant, the higher your stress levels tend to rise. At a certain point, you may be asking yourself if you should reevaluate what you’re charging for rent. In the next two posts, we’ll discuss two scenarios when you should be looking...
by Peter Lohmann | Sep 6, 2022 | Investing in Rental Properties, Owner Education, Rental Market Trends
Turning over rental units is a big part of owning and managing investment properties. The more rental units you own, the more frequently you’ll be doing this, so it pays to create an effective workflow that can easily be replicated time and again by you or your staff....