The investor mistake solution?
I recently came across an article titled “Investor Mistakes From A to Z” (http://www.biggerpockets.com/articles/4273-investor-mistakes-from-a-to-z). This article, written by Dale Osborn, lists the 66 biggest mistakes he feels investors make. First, I want to say, I found this to be a really great list. It covers many of the obvious, as well as the not so […]
“thank you for the … it…” Bob G. – CPA & Property Owner
Just a quick thank you for the recap of 2012 income and expenses. It made the tax return much easier. Bob G. – CPA & Property owner
No spanking policy!
We regularly receive questions from landlords regarding why they should spend the money on a management company. What benefits will they receive from the deal? Let me start by saying the benefits of using a management company are both monetary and intrinsic. We save landlords money, we enable them to earn more money, and we […]
Turning around an apartment complex
We wanted to share with you a success story. Today we filled the last of a series of vacancies for the 333 Washington, an 18 unit apartment building in Elyria. When we took over management in October 2012, this building had a 50% occupancy and of those units several were under eviction. There were a […]
Why Do North Eastern Ohio Landlords Choose Property Management?
They are not local. – Using a property manager is ideal for landlords that are not local. Although paperwork and rent can be collected long-distance, properties can not be properly maintained or monitored. Using a property manager allows you to have someone in the area keep an eye on your properties, be available for emergencies, […]
Making the Most Possible with Section 8 Tenants
In case you are wondering what section 8 (see wikipedia) is, it refers to Section 8 of the Housing Act of 1937 (42 U.S.C. § 1437f). This section governs housing subsidies and housing vouchers for tenants. Locally one of the many things we do for our landlords is navigate the Section 8 system on their […]
Do you have the Ohio’s worst tenant?
If you have yet to watch the show World’s Worst Tenant, you really need to watch it. It is a combination of hysterical and insightful. During each episode the team sets out to help a landlord deal with a difficult tenant situation. They face a wide variety of crazy situations. I’ve seen shows dealing with […]
Is a profesional property manager worth it?
I found this article in allthingspropertymanagement.com to be very instructive in what is happening in Lorain County. There is a whole cottage industry of unlicensed property managers out there. Many people are going into it because of the flood of out of town money coming in to take up the slack in the depressed sales prices. […]
Bedbugs… what is the Lorain County landlord liability?
Bed bugs are becoming a huge problem for Lorain County Landlords these days. The question is what is the liability to landlords? Does a landlord need to pay to exterminate bed bugs, when it is the tenants fault for possibly bringing them in to the home in the first place? We aren’t attorneys and can’t […]
