How to handle utilities on single family rentals in Cleveland Ohio
Cleveland is a great cash flow market for investors looking to purchase property. However, there are a wide array of intricacies involved in handling the utilities for these homes. One key issue is the difference between public utilities and City of Cleveland utilities. Gas and electricity aren’t city utilities, so they can be put […]
Realty Trust Service Company Mission And Values
I wanted to take some time today to go into a little discussion on our company mission statement and our values here at Realty Trust Services. Whether you’re a new employee, a potential owner who’s considering using our property management services, a current owner we work with, a tenant, a potential tenant… whatever the case […]
Multifamily Utilities In Cleveland Ohio
If dealing with utilities for single family homes in Cleveland, Ohio wasn’t complicated enough, the process for multi-family homes is even more intricate. Now, you may have a multi-family property where the utilities are split. That is, they’re metered separately for each unit within the property. Multi-family properties like that aren’t altogether different from single […]
The Lean Property Manager?
Let’s face it, property management tends to be a backwards industry. Both in the USA and even mores so in Cleveland Ohio. In fact there maybe one or two property management companies that have been in business more than 5 years in this area. At Realty Trust Services we are constantly looking at ways to […]
Why Cleveland Ohio landlords need insurance
This past winter was a difficult one for a lot of landlords in northeast Ohio. I’ve seen ice dams, water backups, freezes on houses while tenants were away. And damages ranging from a few hundred dollars all the way up to $30,000 plus in terms of what insurance would pay. So I figured now would […]
Handling Property Taxes in Northeast Ohio
One of the things that you will have to look forward to paying every year if you own rental property in Northeast Ohio is property taxes. Property taxes in Northeast Ohio are handled by the County Auditor / County Treasurer’s office and are always paid in arrears, meaning that they are paid 6 months in […]
Delivering peace of mind? A little about the mission, values and systems of Realty Trust Services…
I wanted to take some time today to go into a little discussion on our company mission statement and our values here at Realty Trust Services. Whether you’re a new employee, a potential owner who’s considering using our property management services, a current owner we work with, a tenant, a potential tenant… whatever the case […]
You may not become a god… but you can save a lot of money on drain repairs for your Cleveland Ohio Rental. And that’s almost as good, right?
If you saw the movie Lucy with Scarlett Johansson, the blue powder in the video above may look familiar. In the movie, Johansson’s character has a powdered blue drug called CPH 4 stuffed into her stomach. Having so much of the substance in her system gives her all of these incredible powers. She basically becomes […]
The Top Five Reasons Lease Options Fail
The concept of the Lease Option is excellent in theory. A property owner leases a home to someone who cannot currently qualify for a mortgage loan. They do so with a specific and separately written agreement that tenant will acquire and purchase the home in a specific period of time. Normally the tenant gives a […]
Check Up on Your Property Manager
Whenever you hire someone to do a job for you that is not your traditional “in-office” position, there may be concern over whether or not you are getting your money’s worth. No one wants to feel like they are being taken advantage of. We always welcome our landlords to check up on what we are […]
