by Peter Lohmann | Feb 10, 2025 | Owner Education, Rental Market Trends
The Importance of Effective Lease Renewals Lease renewals are more than just necessary paperwork—they’re an opportunity to solidify tenant relationships, maintain a stable income, and reduce turnover-related expenses. For landlords, the lease renewal process isn’t...
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....
by Peter Lohmann | Jul 25, 2023 | Property Management Education, Rental Market Trends, Rental Price
Setting accurate rent rates is essential to the profitability of your investment and key to attracting and retaining high-quality tenants. If you charge too much for rent, you could end up with extended vacancies or, perhaps worse, bad tenants. Charge too little and...
by Peter Lohmann | Jul 18, 2023 | Owner Education, Rental Market Trends, Rental Price
Fair market rents (FMRs) in the government sense of the word are calculated by the U.S. Department of Housing and Urban Development (HUD) and are defined as the 40th percentile of gross rents for regular, standard-quality units in a local housing market. Though used...
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...
