Navigating the world of real estate investing in an area like Dublin, Ohio, can be exciting and profitable. However, maximizing success requires a thoughtful strategy and constant oversight. This is where property management in Dublin, Ohio steps in to simplify the journey for rental property owners
Read the article → Depreciation in real estate is a tax strategy that, when used effectively, can help you be even more successful with your investment. Here are some key things to know about building wealth with depreciation. Depreciation as Defined by the IRS Depreciation is an accounting term in which the IRS allow
Read the article → Establishing a diversified portfolio can help set a strong foundation for financial success for years to come. Taking steps now to grow your real estate portfolio is an effective way to build multi-generational wealth for you and your family, but there’s never a guarantee of success. When attempting
Read the article → Understanding the cash flow potential of a rental property in Franklin County requires you to make several assumptions about income and expenses. Predicting income is a relatively straightforward process as there is generally just a single variable contributing to income, the monthly rent you charg
Read the article → When you choose to invest in real estate, you’re doing so because of the growth opportunities, not because you’re looking for more work or like being awoken in the middle of the night by a tenant emergency. No, you’re looking to turn a profit. While there are many types of properties in Franklin Cou
Read the article → Part of what makes investing in real estate so intriguing for newbie investors (and seasoned veterans alike) is its dynamic nature. Property values are not stagnant, and in the case of multi-family rental properties, owners have the power to exert direct control over improving their property’s valua
Read the article → Being a successful real estate investor and property owner hinges largely on your ability to successfully lease your units. But spoiler alert: simply keeping your units occupied is not enough. You must keep them occupied with high-quality tenants if you want to truly reap the rewards of being a prop
Read the article → It may seem like operating costs are going nowhere but up. Rising energy and operating expenses are indeed making the day-to-day necessities of property ownership challenging. But you don’t have to sit on the sidelines and do nothing about it. There are several steps you can take to control operatin
Read the article → You invested in a Columbus real estate property as a wealth-building opportunity. Now your job is to grow that investment. While real estate consistently performs well as an asset class, it’s not a completely hands-off endeavor. Far from it. Even if you hire a property management company to handle t
Read the article → A well-written lease agreement is one of the most important protections you can put in place for yourself as a property owner and for your tenants. While it’s required to ensure compliance with the law, it’s also an effective tool in preventing disputes and maintaining accountability. Thorough lease
Read the article → Owning an investment property is not all sunshine and roses. Furnaces go out, appliances break, emergencies happen. All these things cost money to fix. Sometimes lots of money. To prepare yourself for these one-off capital expenditures, it’s imperative to have a reserve fund set aside. Your reserves
Read the article → Real estate investors looking to grow their portfolios often turn to a property management company to relieve much of the day-to-day burden of taking care of the rental property and making sure it is occupied by good-quality tenants. As owners go online to search for a PM company to hire, they likel
Read the article → In this two-part series, we’re hearing from Peter Lohmann, Co-founder and CEO of RL Property Management, as he discusses his start in real estate investing and how that first investment has led to exponential growth and the founding of his company. Investing in your first property taught you a lot a
Read the article → RL Property Management has been serving owners and residents throughout the greater Columbus area for a decade. Read on to learn more about Peter Lohmann’s start as a property investor and gain insight into how to grow your real estate investment portfolio. How did you get started investing in real
Read the article → The real estate market is always changing, and that’s part of what makes investing in it so much fun. There are always opportunities, and certainly, there is never a dull moment. For our market here in Franklin County, the greater Columbus metro area has continued to see outsize population growth ov
Read the article → When it comes to building wealth through real estate, many investors focus on rental income and property appreciation as key components to driving growth, but there’s another powerful tool that allows you to pocket more money: depreciation. Depreciation isn’t just an accounting term. It’s a valuable
Read the article → Investing in real estate can provide significant financial opportunities for individuals and build generational wealth for families for years to come. And like many pursuits, there is more than one way to achieve success. However, following time-tested, risk-tolerant strategies can significantly alt
Read the article → Investing in real estate property is a time-tested way to build wealth. Even better? It also offers owners an opportunity to keep more money in their pockets come tax time. As you consider your unique situation, assess whether leveraging any of these tax strategies might be right for you, and when d
Read the article → Charging accurate market rent for your rental properties in Columbus is important to your investment success for a few key reasons: It helps you attract good quality tenants It helps keep turnover rates low It’s an important factor in improving NOI Often newbie property owners make the mistake of ov
Read the article → Net operating income is rent and other income minus operating expenses, before the mortgage. On a Columbus single-family rental, five levers move it: rent priced to market, fewer vacant days, utilities assigned in the lease, preventive maintenance, and an expense audit.
Read the article → Owning an investment property in Columbus is a net-positive experience the vast majority of time, yet there are issues owners (or their property management company) will have to deal with from time to time. One such potential issue is evictions. No one wants to have to post an eviction notice on a r
Read the article → As a category, real estate is still a predominantly male-driven area; however, there is data to suggest a growing presence of women as real estate investors. Continued efforts to provide equal opportunities, education and support for women investors can contribute to a more diverse and inclusive rea
Read the article → We all want to do more with less, yet this can feel impossible when trying to grow our real estate portfolio. More properties means more work, right? Fortunately, it doesn’t have to. There are ways to scale your portfolio without also scaling your to-do list. Ways to Scale Your Investment Portfolio
Read the article → Risk is inherent to any investment strategy. We make decisions about the future based on what we know today. And while there are smart ways to go about doing this, we can never completely eliminate the possibility that our investment will fall short. The good news is that when your investment does w
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