What Cleveland Ohio landlords need to know about large deposits and deposit accounting

Landlords accept security deposits as a form of insurance. If the tenant damages the property or leaves with unpaid bills, the landlord can use the money from the security deposit to help cover those expenses. When accepting a security deposit, there are several things landlords need to understand to protect themselves and their property. The […]

Do You Have Hoarders Living in Your Property?

Have you seen the show Hoarders? It depicts people with compulsive hoarding issues that cause them to collect things…lots of things. Hoarding leads to a home filled with trash and clutter. So much so that rooms get blocked off or it becomes unsafe to navigate the apartment. Hoarders can also lead to damage to the […]

Collecting rent….

You have to be careful when it comes to collections. Yes, as an owner you do have rights. But so do your tenants. And it’s critically important that you know what those rights are— yours and theirs— as spelled out in the Ohio Revised Code, as well as other collections-specific laws. This is something we […]

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 […]

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 […]

To Allow Pets or Not to Allow Pets?

Whether or not a landlord allows pets is a frequently asked question coming from perspective tenants. Obviously, allowing pets, allows landlords to increase the number of potential tenants. Less obvious is that pet owners have been proven to stay at the homes that allow them because it is harder to find a nice property that […]

The Truth about How We Handle Tenants

Did you know the Huffington Post, a well-respected online news source has an entire page dedicated to news about bad landlords? After reading a few of their articles, it is really no wonder landlords are often shed in a negative light. However, we landlords and property mangers understand that many of these stories are told […]

Some Great Training For North Eastern Ohio Landlords

Just finishing up fair week and we get quite a lot of people at the fair asking us questions about Landlording. We are a management company and do make money because people pay us, but we are always happy to give a little free advice. One resource you will find some free advice at is […]