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...
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...
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...
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...
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...
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...
