by Peter Lohmann | Jan 29, 2020 | Property Maintenance, Property Management Education, Uncategorized
A top worry of most landlords is a middle of the night call from a resident stating that there is a maintenance emergency. The following post will look back at data from all of RL Property Management’s 2019 after-hours maintenance calls. This data is from our...
by Peter Lohmann | Jan 10, 2020 | Investing in Rental Properties, Owner Education, Uncategorized
We recently conducted an cost analysis examining spending in the year of 2019 across our entire portfolio of managed multifamily (2+ unit) properties. Out of the 300+ units under our management around Columbus Ohio, this study includes just the multifamily properties...
by RL Property Management | Dec 31, 2019 | Investing in Rental Properties, Owner Education, Uncategorized
Many new and aspiring real estate investors are drawn to lower-rent properties. There are a number of factors that can make low-rent (sometimes referred to as “Class C/D”) properties seem attractive: Lower purchase price Higher cap rates (advertised) Higher...
by RL Property Management | Dec 10, 2019 | Investing in Rental Properties, Owner Education, Uncategorized
In the previous RL Property Management episode #2 (https://rlpmg.com/how-to-pick-a-property-management-company/) we covered how to evaluate the local property management company marketplace. In the video below, Peter with RL Property Management covers step 3 of 5 that...
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...
