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What is a Fair Market Rent?

What is a Fair Market Rent?

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,...
How to Accurately Determine Market Rents in Columbus

How to Accurately Determine Market Rents in Columbus

by Peter Lohmann | Jul 3, 2023 | Owner Education, Property Management Education

Determining market rents in Franklin County shouldn’t be a puzzle, but for many people, it feels like they’re on the hunt for an elusive piece they need to create the perfect picture. And because they fear they might be missing something the entire process becomes...
7 Ways Your Property Management Company Should Increase Your NOI

7 Ways Your Property Management Company Should Increase Your NOI

by Peter Lohmann | Jun 27, 2023 | Investing in Rental Properties, Owner Education, Property Management Education

The property management company you hire should do everything it can to increase your investment’s net operating income (NOI). Just getting by is not good enough. You want to increase your property’s value, and there are several ways a property management company can...
How to Improve NOI for SFR and Multifamily Properties

How to Improve NOI for SFR and Multifamily Properties

by Peter Lohmann | Jun 20, 2023 | Investing in Rental Properties, Owner Education, Property Management Education

The real estate market in Columbus is ripe with opportunities for investors looking to expand their portfolio to include single-family or multifamily rental properties. For new investors and existing property owners alike, the rental market presents a steady source of...
5 Smart Decisions That Boost NOI

5 Smart Decisions That Boost NOI

by Peter Lohmann | Jun 6, 2023 | Investing in Rental Properties, Owner Education, Property Management Education

Don’t chase a unicorn. Make a plan, instead. Here are 5 smart decisions you can make today to boost your rental property’s net operating income (NOI) and experience less stress and anxiety along the way. 5 Ways to Increase NOI Ensure rent rates are in line with the...
How to Increase NOI and Reduce Operational Expenses

How to Increase NOI and Reduce Operational Expenses

by Peter Lohmann | May 23, 2023 | Owner Education, Property Maintenance, Property Management Education

Increasing NOI doesn’t require complicated computations or abstract algorithms. Anyone can do it with a sound strategy and insightful data to guide their decision-making When it comes to operational expenses in particular, using past data to inform future investment...
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