All Forum Posts by: Peter Lohmann

The wave of gentrification near Children's Hospital started over 5 years ago, and is well priced in by this point. Proceed with caution...

HHH CPA Group

I'd join an Ohio chapter if there was one. I'm already a NARPM member.

@Brandon Sturgill Interesting table! The cash-on-cash figures must not be risk-adjusted. C and D properties tend to have lower, not higher, overall average cash-on-cash returns in my experience (than A and B properties), because of high tenant turnover, very old buildings with high capex and maintenance costs, and very low quality tenant base that is destructive to the property and very unreliable with rent/utilities. You may get lucky here or there but over time the law of large numbers will catch up with you.

Taxes - HHH CPA Group

Atty - Rick Craven with Sikora Law.

Remington, good luck.

Professional Property Management - For Investors Only - Columbus Ohio

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Our property management packages are specifically designed to align our incentives with yours – maximizing returns, minimizing liability, and retaining happy, paying tenants month after month.

You may have come across other Columbus property management companies that are little more than a loosely affiliated group of real estate agents who do property management work on the side.

Not us. We are a dedicated team doing nothing but property management.

Learn more about our property management packages and pricing: rlpmg.com

***********************

Professional Property Management - For Investors Only - Columbus Ohio

******************

Our property management packages are specifically designed to align our incentives with yours – maximizing returns, minimizing liability, and retaining happy, paying tenants month after month.

You may have come across other Columbus property management companies that are little more than a loosely affiliated group of real estate agents who do property management work on the side.

Not us. We are a dedicated team doing nothing but property management.

Learn more about our property management packages and pricing: rlpmg.com

***********************

Columbus..... Ohio? Or what.

We manage about 75 class C units and have for 5+ years here in Columbus (the rest of our units are all A and B). We rent them all day every day to people with 640+ credit scores. Occasionally we need to lower that to 560 with a double deposit. Never below that score. You can find good people with good credit scores, you just have to be patient and picky. I'm not arguing the majority of people who live in C and D neighborhoods don't care about credit. I'm just telling you not to rent to those people.