Property Management Blog
Key Performance Indicators (KPI) That Columbus Property Managers Look For
Mitch Deminski - Friday, July 30, 2021
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
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
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
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
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
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’...
How to Spot a Profitable Real Estate Investment | Columbus Property Management
Mitch Deminski - Friday, December 25, 2020
Columbus is an excellent market for investors who want to buy rental properties. There’s a lot happening in and around the city. The local economy is strong and the population is growing. It’s a great time to be a real estate investor, and if you’re thinking about entering the market, we have some advice on how to pick ...
1031 Exchange Real Estate: What You Need to Know for Your Columbus Property
Mitch Deminski - Friday, November 20, 2020
If you’re a Columbus rental property owner wondering how to avoid paying taxes after selling a property, you probably have a lot to gain from doing a 1031 Exchange. This program allows you to defer those taxes if you reinvest the earnings from your sale into another purchase. It’s a great way to continue investing in Columbus ...
When is it The Best Time to Sell Your Rental Property? | Columbus Property Investing
Mitch Deminski - Friday, October 23, 2020
When you’re not sure your Columbus rental property is providing the returns and the rental income you were expecting, it may be time to sell. This is not an easy decision because there are numerous benefits to holding onto an investment home, even if there are challenges to overcome.Each investor has his or her own set of goals and ...
Business Un-usual (Episode 3): The Post-Covid-19 World
Mitch Deminski - Friday, September 25, 2020
In Episode 3 of Business Un-usual: The Post-Covid-19 World, we discuss how COVID-19 has pushed nearly every industry to rethink how business is done. While much of what the pandemic has brought us has meant great sacrifices, it's also created an environment full of problem solving, ingenuity—and the opportunity to try things dif...
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