Property Management Blog

In Episode 2 of Business Un-usual: Communications Accelerated, we rap about how communication has evolved during COVID-19 with owners, residents, and between property management teams; featuring three experts in the property management space: Glenn Russell of Coastal Group Inc., Mitch Deminski of Solutions for Real Estate, and Troy Evans ...

In episode 1 of Business Un-usual: Operations Evolved, we dive right into how business operations have changed at record speeds including what’s worked and what hasn’t in light of COVID-19. Full transcript: https://www.youtube.com/redirect?q=https%3A%2F%2Fwww.buildium.com%2Fblog%2Fbusiness-un-usual-operations-evolved...

Diversifying your investment portfolio has always been wise advice, and it’s one of the reasons that people start investing in real estate. They know that owning real property is an excellent way to protect themselves against the ups and downs of the stock market.Things are always changing, even in the Columbus real estate market. W...

Most owners know that move-in and move-out inspections are essential for documenting the condition of their investment property. However, by conducting at least one annual assessment while the tenant is in place, you’re taking an extra step to protect the value of your home, enforce your lease agreement, and look for unreported or d...

Most real estate investors don’t want to spend thousands of dollars completely renovating their Columbus rental properties. You don’t have to. However, you do have to offer a clean and well-maintained home, otherwise your vacancy days are going to get longer and you’re not going to attract the best residents. W...

Communication between owners and property managers is essential, and the most common complaint we hear from clients who come to us from other property management companies is that they weren’t receiving good communication from their management team.Every owner is different. Some want to receiving a lot of communication and others o...

There are a lot of factors that impact an investor’s return on investment (ROI), but the one thing that really makes a difference is the tenant’s length of stay. When a Columbus rental property is vacant or suddenly empty, your costs increase. Not only are you losing rental income, you are also paying for utilities, lawn care...

Preparing your property for the rental market is an essential first step in renting it out to qualified tenants. You’ll need to conduct an inspection to see what shape the property is in. Make a list of the work that needs to be done, complete that work, and then do another thorough inspection.Once the property is clean, empty, and ...

When you’re beginning a tenant placement process, remember that time is money. You’ll save yourself a lot of time (and money) by pre-qualifying your potential applicants and avoiding unnecessary headaches.An immediate tenant seems rewarding at first, because it means someone will occupy the property and pay their rent sooner. ...

Lease renewals should ultimately be managed by your professional Columbus property manager, who knows the market trends and can compare rents on a regular basis to ensure you are getting the value you should for your property.An increase in rent is based on the market and should be at least three percent of the current rent. At Solutions ...