Property Management Blog

What If the Security Deposit Doesn’t Cover the Columbus Property Damage Costs?

Mitch Deminski - Friday, January 14, 2022
Property Management Blog
A bad tenant is a nightmare for any owner, and it is a relief to see their lease term end. In a city like Columbus where a huge population lives in rental homes, your likelihood of ending up with a bad tenant increases significantly.We are referring to a circumstance where the tenant has damaged your Columbus rental property and the damag...

What Can Landlords Deduct from a Security Deposit | Columbus Property Management

Mitch Deminski - Friday, December 31, 2021
Property Management Blog
The rental market in Columbus has seen a significant increase in recent years. According to and the 2020 American Community Survey census data, 55.3% of all Columbus housing units are rental homes, totaling just over 217,000 rental units. Investing in a Columbus rental property can therefore be a good deal. If you are ...

Expenses New Rental Property Investors Should Budget for in Columbus

Mitch Deminski - Friday, December 17, 2021
Property Management Blog
Buying an investment property to rent in Columbus is an excellent idea. Data suggests that almost half the population in the city lives in rented homes. This number is expected to increase in the following years. It is therefore unlikely that you will find a house in mint condition. So, before purchasing residential investment properties,...

What to Include in a Lease Agreement for Your Columbus Rental Home?

Mitch Deminski - Friday, December 3, 2021
Property Management Blog
If you have listed your Columbus property in the rental market and have found a suitable tenant, your next step would be drafting a lease agreement. This is the most critical document when it comes to rented homes and should be created with utmost diligence.A lease agreement states all the rules, terms & conditions, and the consequenc...

Key Performance Indicators (KPI) That Columbus Property Managers Look For

Mitch Deminski - Friday, July 30, 2021
Property Management Blog
When you’re trying to establish and build wealth with your rental properties, it’s not enough to own them. You have to make sure they’re performing the way you expect them to. Understanding where you are with each property will help you make smart investment decisions. Don’t put your investment portfolio on auto pi...

Big Ticket Repairs that Help with Tenant Retention | Expert Columbus Property Management

Mitch Deminski - Friday, June 25, 2021
Property Management Blog
Making large and small repairs at your Columbus rental property impacts your tenant retention, and tenant retention has a lot to do with your cash flow and long-term ROI. You don’t want to put off repairs, even those that seem like no big deal to you. If there’s a sense of urgency to the repairs requested by tenants, they&rsqu...

Security Advice to Live by for Your Multi-Family Investment in Columbus, OH

Mitch Deminski - Friday, May 28, 2021
Property Management Blog
Providing a safe and habitable rental home is your first responsibility as a landlord when you’re renting out multi-family homes in Columbus. You want your tenants to feel safe and you want your property to be in good condition, where accidents and incidents are unlikely to occur.You already know that you have to avoid mold and lead...

Columbus Property Management Tips for Landlords: How to Limit Tenant Turnover

Mitch Deminski - Friday, March 19, 2021
Property Management Blog
Lowering your tenant turnover will increase what you earn on your Columbus rental property and help you avoid expensive vacancy costs. When you’re trying to limit the amount of tenant turnover you face, it’s important to ensure your high performing tenants are happy living in your rental home. They need to enjoy their ren...

Cost Effective Ways to Increase the Value of Your Columbus Rental Property

Mitch Deminski - Friday, February 19, 2021
Property Management Blog
Columbus rental property owners who want to increase the value of their investments can do this in two ways: raising rent and cutting expenses. How do you drive up what you’re earning while minimizing what you spend?We have some ideas.Well-Maintained Homes Earn More RentThe condition of your home has a major impact on the amount you...

When Should I Expect to See A Return on My Investment? | Columbus Property Management

Mitch Deminski - Friday, January 22, 2021
Property Management Blog
Earning a profitable return on investment is important to all real estate investors, whether you’re renting out a single property or an entire portfolio. If you’re wondering when you’ll really start to make some money, the answer is: it depends.We know that isn’t what you’re hoping to hear, but if you’...

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