RL Property Management

07/08/2025

💸 How much does a rental turnover really cost? If your property is 30+ years old, the answer might surprise you... and eat into your ROI fast.

Turnovers are predictable… but still catch many Columbus landlords off guard. Between deep cleaning, repairs, lost rent, and unexpected issues (hello, galvanized plumbing 😬), the bill adds up quickly, especially in older homes.

https://rlpmg.com/blog/rental-turnover-budget-older-homes-columbus-ohio/

🧠 In this article, we break down:
• What your reserve should actually cover
• Why older homes = higher turnover costs
• How to calculate a custom reserve for your units
• Real numbers for homes built in the 1950s, 1920s, and 1890s

Turnover costs can crush ROI... especially in older homes. Learn how to build a smart rental turnover budget that protects your cash flow in Columbus, Ohio.

04/18/2025

🎉 RL Property Management - Celebrating 12 Years This Week!

It’s wild to think how far we’ve come... from Peter Lohmann and Adam Rich brainstorming in an apartment with no clients, no license, and no professional PM experience... to a thriving team managing hundreds of residential units across Central Ohio.

We happened to have a leadership offsite this week too, which made the milestone feel even more meaningful. It was great to step back, zoom out, and think about how we can continue to grow, improve, and serve our clients even better in the years ahead.

A big thank you to our amazing team (both local and remote), our clients, our residents, and everyone who’s been part of the journey so far. Looking forward to many more amazing years to come.

04/04/2025

Still buzzing from last week’s NARPM Broker/Owner Conference & Expo in Colorado Springs!

Between the incredible mountain views, great conversations, and powerhouse presentations, this year’s event felt like one of the best yet!

RL's very own Peter Lohmann took the stage for a lively discussion with Mark Brower! It was a thoughtful and engaging presentation, sparking important questions about alignment, fairness, and the role of a PM in an owner’s success.

Of course, it wasn’t all business. We connected with amazing people, shared laughs on scenic hikes and train rides through the mountains, and came away feeling inspired and energized.

Thanks to National Association of Residential Property Managers (NARPM) and everyone who worked so hard to make this event happen. We’re proud to be part of this community and excited for what’s ahead!

03/25/2025

🏠 Columbus Landlords: Don't Make These 4 Common Mistakes!

Managing rentals yourself? It can be rewarding, but one wrong move in screening or lease agreements can cost you thousands in lost rent, legal fees, or property damage.

This article breaks down four costly mistakes DIY landlords often make (and how to avoid them). https://rlpmg.com/blog/screening-and-lease-agreement-mistakes/

Here's a sneak peek:

✅ Rushing the screening process
✅ Using generic lease templates
✅ Relying on verbal agreements
✅ Enforcing lease terms inconsistently

Let us know what you think in the comments!

Don’t let simple screening and lease agreement mistakes derail your rental business. Avoid the 5 most costly mistakes, from bad tenants to unenforceable leases. Protect your property with smart, legally sound practices.

03/20/2025

What do you think?
https://rlpmg.com/blog/no-leasing-fees/

03/12/2025

Attention Columbus-area investors!

The most comprehensive Columbus SFR market report is here: https://rlpmg.com/blog/2025-columbus-rental-market-update/

What's inside?....

✅ Rental & Pricing Trends – Where are home prices and rents headed?
✅ Top Investment Areas – The best neighborhoods (and hidden gems) for cash flow & appreciation.
✅ Market Conditions & Interest Rates – How financing costs are shaping opportunities.
✅ Regulatory & Tax Changes – What every investor needs to know.
✅ Columbus Housing Outlook for 2025 – What’s next for SFR investors?

Let me know what you think! Reply in the comments—I’d love to hear your take on the market.

The Columbus Rental Market is going to be promising for investors in 2025. See why in this report.

03/10/2025

The Secret to Finding Great Residents? A Bulletproof Screening Process 🔑🏡

https://rlpmg.com/blog/resident-screening-guide/

Handing over the keys to a new resident should feel like the start of a smooth lease term—not a financial headache. Yet, too many housing providers learn the hard way that a bad resident can mean late rent, property damage, and eviction costs that quickly add up.

In this article, we break down a step-by-step guide to screening renters effectively, including pre-screening questions, applications, background checks, questions, and making fair, informed decisions.

How do you handle resident screening? Share your best tips in the comments!

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Learn the essential steps of resident screening for Columbus, Ohio landlords. This guide covers applications, credit and background checks, and best practices to help you find reliable renters and protect your investment.

02/24/2025

https://rlpmg.com/blog/property-management-langague/

The words we use shape how we think about our work and the people we serve. Yet, common industry terms—"tenant, landlord, unit"—can feel cold, transactional, or outdated. Do you agree?

Can small shifts in PM language make a big impact? What words are you using in your business? Let us know in the comments!

The language we use in property management shapes how we interact with residents and property owners. Small word choices can make a big impact—learn how to create more positive, professional relationships with simple language shifts.

02/19/2025

Turnover is expensive, and it isn’t just about cost—it’s about stability. So how do you keep great residents from leaving? It starts with proactive maintenance, clear communication, and creating a rental experience that makes them want to stay.

Discover the true cost of turnover and share practical strategies to keep residents happy and your cash flow steady.

What’s your biggest challenge with resident retention? Let us know in the comments!

Avoiding resident turnover will help you minimize vacancies, reduce turnover costs, and implement strategies to keep great residents longer while protecting your rental income. Read more here.

02/05/2025

Tenant turnover is costing you more than you think!

Vacancies, lost rent, marketing, and turnover costs can add up fast—sometimes exceeding $4,000 per unit. But the best way to protect your bottom line isn’t finding new tenants—it’s keeping the great ones you already have.

✅ Proactive maintenance
✅ Clear communication
✅ Fair lease terms
✅ A safe, well-maintained property

Happy tenants stay longer, reducing costs and increasing your ROI. Ready to turn tenant retention into your competitive advantage? Read more in this latest article.

Managing rental properties isn’t just about collecting rent—it’s about building strong relationships. While cash flow and ROI matter, one of the biggest keys to success is tenant happiness.

02/04/2025

🏡 Landlords: Avoid Costly Surprises with a Property Inspection!

A rental may look fine, but hidden issues—like leaks, wiring problems, or code violations—can cost thousands in unexpected repairs.

That’s why pre-inspections matter! During a recent pre-inspection, we found a burst pipe disaster—saving the owner from an even bigger financial hit. Check out this article to learn more...

For self-managing and out-of-state landlords, keeping tabs on a property’s condition is tough. Tenants may not report minor issues until they escalate, local code violations slip through the cracks, and wear-and-tear adds up.

01/20/2025

Core Values Matter!

Read more here: https://rlpmg.com/blog/our-core-values/

At RL Property Management, we believe that great property management starts with a strong foundation. Our core values aren’t just words—they’re the guiding principles that shape everything we do. From clear communication to real-time action, these values drive how we manage properties, support our clients, and build lasting relationships.

Discover how our core values make us more than just a property management company—we’re here to help you succeed.