All Forum Posts by: Jill F.

Have you considered going with mini splits in that size apartment? 

I mean, the buyer is the one bringing the money to the table so they've always *really* been paying it's just been shown on the seller's side of the settlement statement. It seems like allowing it show on the buyers side would be eliminate issues of how to pay. It will just be more of an explicit part of the price negotiation when buying a property.

I self manage my units so my views are more related to the actual work of property management rather than communicating results to property owners.

The most important factor in successful property management is not a personal quality or trait, it's having EFFECTIVE processes in place to support the business. Assuming effective processes are in place. The qualities and traits of an outstanding property managers are:

1) A direct communication style.
--comunicating information in a manner that leaves no ambiguity regarding planned or expected actions
--seeking (requiring) clear unambiguous answers or responses,
--documenting agreements in writing.
--Following up on actions and commitments:

2) a service mindset which is demonstrated by providing
--a quality tenant experience.
--strong financial results for property owners.

Thankfully I'm in Ohio which has actually added a chapter and language to the revised code in an attempt to prevent cities from implementing policies that institute rent control or rent stabilization in any form. Additionally, Chapter 5321.19 specifically disallows cities from passing ordinances that are in conflict with chapter 5321 which gives both landlords and tenants the right to non-renew a lease for any reason with proper notice

Section 5321.19 | Effect of chapter on political subdivisions.

Section 5321.20 | State policy and legislative findings.

https://codes.ohio.gov/ohio-revised-code/section-5321.19

I agree with this policy and legislative findings . I think that policies that prevent a landlord from non-renewing a lease with out cause increase the cost of getting out bad tenants and increase a landlord's risk. When additional risk is priced into the cost of doing business, it increases the cost of rents for the marginal tenants these rules are attempting to help.

Oh dang they meant they got an entire 2 bedroom apartment painted for $300??!!! Akron is usually cheaper than most places and that's what one decent size bedroom would cost here.

Hello Mike, I love duplexes especially groups of duplexes.  Our family company owns 21 duplexes in the greater Akron, OH area. Are you looking to invest in the Houston, TX area?

Always