Page 14 of 14. 328 articles in total.
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 bill They will report water leaks su
Read the article →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 the gutters clean. I have
Read the article →Originally published August 2019. Updated April 2026 with current Columbus data, 2026 tax rules, and refreshed analysis. Selling a rental property feels like unlocking value. Sometimes it is. More often, it quietly erases years of compounding returns and hands a meaningful chunk of your equity to ag
Read the article →Did you know that 3 out of 5 deaths caused by fires occur in homes with defective or absent smoke alarms? Our team is sensitive to these stories and hears about these types of incidents way too often in the news. Unfortunately, we have taken on management of way too many units that have had
Read the article →Like all contracts, leases are not all that useful until there are issues. Here are 5 key lease clauses that you should ensure are clear and present in every lease: Who owns what? Range, Refrigerator, Dishwasher, Clothes Washer, Clothes Dryer, Remotes, Keys, Trash Cans, Access Cards, etc. It is usef
Read the article →RL Property Management generally recommends that rental property owners hold at least 6 months worth of rent in reserve for each unit that they own. Your goal is to be prepared when you need a new $5,000 HVAC system or a $9,000 roof or a new $1,200 refrigerator. This article will discuss this topic
Read the article →RL Property Management Group has managed several hundred duplex and multifamily properties in and around Columbus, OH, and have tried every different way to bill for water/sewage. We have included it in rent as a flat fee, split the city bill evenly between units, and sub-metered usage by a third-pa
Read the article →A five-step process for choosing a property manager: work out what you need, map the market, research the top ten, call five, and meet with two.
Read the article →Base Monthly Management Fee The price range you will find in Columbus when reviewing property managers management fee pricing is anywhere from $45/mo flat-rate to nearly $250/mo. High-rent property (if you hire a percentage-of-rent priced manager) will push you towards that $250/mo or more mark. Som
Read the article →It’s no surprise that residents want low rents and property owners would prefer higher rents. At RL, we strive to find the sweet spot. Listing your property at an appropriate market rent to attract qualified, good tenants is our priority upon leasing. See our video for more information on how we det
Read the article →In the video below, Peter with RL Property Management Group discusses things to consider when deciding whether to allow pets in your rental property. An overview of our thoughts on pets is as follows: Data To Consider 60% of Franklin county Ohio residents have pets. Not allowing pets limits your pro
Read the article →Peter Lohmann with RL Property Management Group joined the team at Core Rentals as a guest on their great and local to Columbus podcast “Take Action Real Estate”. Hosts Brian and John discuss RL’s history, data tracking, the challenges of a property management company and many other topics. You can
Read the article →We receive many questions about security deposits. In the video below we answer a few: Who holds the deposit while the resident occupies the unit? RL Property Management holds these funds in our Property Management Trust account as required by Ohio law. How much is the security deposit? RL Property
Read the article →Property owners and property managers (PM) each have many expectations of the other. For this reason, both parties should ask many questions of the other before working together. A PM is going to take care of many time consuming tasks over the years saving the owner hundreds of hours of effort. We w
Read the article →In this video the RL team walks a rental property in Columbus, Ohio to identify some issues you might consider with a rental property you currently own or are looking to purchase. Each of these issues, although seemingly minor at quick glance, can result in substantial costs for the investor. In thi
Read the article →Welcome to the blog of RL Property Management. Soon you will find useful and interesting articles to help you learn about rental properties and real estate investing.
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