What should the LLC that holds my property be filed as?
I’d like to give you some information about corporate entity strategy in order for you to be able to better protect your assets. Even if you find this information useful, remember to always consult your attorney and your certified public accountant before you make any important decisions. Let’s begin with taxes. Here at RTS we […]
Help! My Cleveland Ohio properties have statement discrepencies
Statement discrepancies happen. There are a lot of moving parts when it come to property management, and property managers throughout the Cleveland, Ohio area are working with a very diverse group of tenants and properties. Although it may seem easy enough to add up how much you should be getting in rent and subtract the […]
How do you protect me from property damage?
We are often asked by property owners how we protect them from property damage. This is an important question because property damages can get very expensive very quickly. Costs come from repairing the damages, and from the time the property has to remain empty. There are two things we do for all our property owners to protect them […]
My home is not leasing: tips for better lease marketing
We get this a lot. Someone calls and tells us they have a property that has been sitting on the market for a year and nothing is happening. We ask, are they marketing the property? The owner responds that there is a “for rent” sign. We ask if they’ve gotten any calls on it. They tell […]
Will I have an assigned representative for my property?
Will I have an assigned representative to deal with me and my property? This is a big issue because not all property management companies offer this. Yes. Our property management company has a system in place where the managers split the properties between them. Those managers are responsible for your success. You can call them with […]
How many times do you inspect my property?
If you start asking around, you will learn that people in the business have some very strong opinions regarding the effectiveness or benefit of doing more than just move-in and move-out inspections. Personally, I believe more is better, or at least they can’t hurt. Doing an inspection while people are living can be tricky because […]
When do I get my rent money each month?
This is another common question and with good reason. In order to plan accordingly, property owners need to know when they can expect the rent money from their properties. Management companies vary greatly on how they handle payments. Many companies pay at the end of the month because it makes accounting easier and cleaner. By waiting […]
What needs to be done before leasing my house
With everything we do there is a process and a checklist. This helps us to get things done quickly and effectively without the worry of forgetting something. This includes a checklist with everything to do before leasing your house. When a tenant moves out.. the first thing we do is a move out inspection and […]
How much do you charge for evictions?
This is not a bad question to ask, and we get it a lot. Landlords are worried about evictions because they are so costly. We offer our property owners an all-in-one fee. This covers the three-day notice, court appearances, attorney fees, court costs, and any other related costs. I’m not going to state here what […]
How to use video marketing to lease your property faster
Video marketing is a huge tool and something you should already be using. Video tours can save you a lot of time showing properties because people will have the opportunity to preview the property first. This will filter out a lot of tenants that wouldn’t otherwise be interested once they had a chance to see […]