Jill Miroglio, Realtor

Jill Miroglio, Realtor I specialize in residential rental property and can help you buy your next house, sell a property you currently own or manage your rentals.

My roof is probably the most forgotten aspect of my home. It’s difficult to see, and as long as it’s not leaking, my foc...
05/05/2025

My roof is probably the most forgotten aspect of my home. It’s difficult to see, and as long as it’s not leaking, my focus is elsewhere. However, I recently learned that ignoring your roof can lead to rapid degradation and a shortened roof life to as little as 7 years.

Jason Wagner of Roof Aid USA opened my eyes to the importance of roof maintenance. As he shared his extensive experience, I learned some very important dos and don’ts, as well as things several things you should be continuing to monitor.

Do Ensure Your Attic is Properly Ventilated:

Improperly ventilated attics cause roofs to wear out faster due to the extra heat and moisture build up. To ensure proper ventilation, you need a place for the air to go in (usually the soffits, the material connecting the underside of the roof to the side of the house) and a place for the air to leave (usually at or close to the ridge line of the roof). The age of your home may impact the likelihood you have sufficient intake air vents. Houses built before the 1980s may have issues with in flowing air because they typically were built with solid wood soffits, which do not allow for sufficient air flow to the attic. Homes built after that often have taken care of this issue by having several vented soffits installed. Because exhaust air usually moves through some part of the roof, the type of venting system you have is less likely to be reliant on the age of your house. There are several common options for exhaust vents: box vents, ridge vents, and power vents. Box vents are square or circular in shape and sit close to the ridge line on your roof and rely on passive air flow. Ridge vents run the length of your ridge line and are partially covered by the ridge shingles, also requiring passive air flow. Power vents are typically circular in shape and may be located on top of your roof or may be vented through the side of your house in the attic. These vents have a fan attached that is automated to turn on and off depending on the attic temperature. The size and shape of your roof will play a role into how the air moves. Roof warranties often include certain requirements regarding the level of air circulation based on your attic space.

Don’t Install a 2nd Layer of Roofing Material:

Having two layers of roofing material might seem like a reasonable option, but ultimately it adds a multitude of risks to your home. First and foremost, it covers up the main issue instead of addressing it. It may feel like the cheaper fix in the short term, but often the same issue crops up again, requiring additional costs to remove and dispose of the extra roofing material in order to find the real issue. Additionally, the second layer often doesn’t come with a warranty, leaving the risk of further issues on the homeowner. As if all that wasn’t enough, a second layer adds extra weight to the house, producing additional strain to the roofing supports and the home’s foundation, which is a whole other can of worms.

Do Keep Up with Preventative Maintenance:

Being proactive with your roof can extend its life and delay when you need to replace it. Reattaching loose shingles and replacing broken ones are great ways to ensure your roof stays in good repair. Ridge line nails need caulking once every 3 to 5 years to ensure their durability and the stability of the shingles they hold. Verifying your ventilation set up is still functioning as designed is also key.

While a lot of these tasks are doable, I know that I don’t want to spend any more time on my roof than is absolutely necessary. If you’re like me and want to extend the life of your roof without spending any time on your roof, ask Jason about his Roof Scores and membership programs. After checking things over, he’ll give you a Roof Score, which estimates the expected life of your roof, its current condition, and availability of replacement pieces, as well as a few other factors. He’ll then recommend the membership that would be best for your situation. (As an added bonus, two of the memberships also include free gutter cleaning!)

All in all, I was truly impressed by Jason’s wealth of knowledge and options of service, and I think he said it best when he said:

It’s important to pay attention to your roof because it’s taking care of your whole investment.

I hope this finds you all well, and if you have any questions about real estate, or you’re looking for specific recommendations for other qualified service professionals in our area, feel free to reach out directly or in the comments below. Jason’s contact information is here, too, for anyone needing roofing advice or assistance.

Jason Wagner
Roof Aid USA
(419) 601-7082
[email protected]
RoofAidUSA.com/Findlay-OH

04/09/2025

Cash Flow and Why I Think It’s the Most Important Real Estate Investing Number

Cash is king. That’s a saying we’ve all heard before. It’s true in life and in real estate. Some businesses only accept cash. An all cash offer on a house will get you a lower price. Cash is an easy way to pay back a friend. Cash is the best source of funds when getting that thing you bought off Facebook Marketplace. With rentals, the amount of cash you receive each month after paying all your bills is what makes all your sacrifices, risk tolerance, and hard work worthwhile. This money that you can now put in your pocket is your cash flow.

Be careful to not confuse monthly rent with cash flow. It is so easy to see the rent that one property is getting or to project a monthly rent for a house and to think that if you were to own that home, now you would be seeing your bank account increase by that amount. Unfortunately, it doesn’t work that way. For cash flow to be accurate, you need to think about:
Mortgage - including property taxes and insurance
utilities - Lima city requires that landlords have the water be in their names and
you might decide to include other items, depending on the circumstance
maintenance – this will cover issues as they come up and allow you to save for a
rainy day
vacancy – money you save each month for those times when you don’t have a renter
but still have bills

To calculate, take the monthly rent and subtract out the aforementioned items. The dollar amount you are left with is your monthly cash flow. There are lots of other good, valuable numbers you can assess when evaluating a property: cash on cash return, net operating income, capitalization rate, to name a few. There are times to use those numbers and trust me, I’m on board with that. However, the last three numbers I just listed give you a percentage. I can compare percentages but I can’t spend them. But I can spend cash. If I look at the cash flow of a rental property and it’s not high enough for me, I’m not interested. Your investments need to provide value to you and the immediate way you see that is through cash flow.

04/07/2025

Real Estate Supply and Demand Market Trends in Ohio

Is it a good time to buy, sell or hold? If you have flexibility and are just looking at your options, or if you have some urgency and want to know what the market looks like, it helps to take a look at market trends. I’ve got some statistics for you down below, but I’ll do a quick breakdown first to explain what all the numbers are pointing to.

The supply is slightly increasing and demand is staying mostly consistent.

Well priced houses are moving quickly, but due to slightly larger inventory, some houses are staying on the market for longer.

Average home sale prices are increasing.

With conflicting data, what does all of this mean? It appears that the housing market in Ohio is still a seller’s market, but is starting the process of stabilizing. Local markets do vary, though, and certain price points move more quickly than others. There are so many things to take into consideration when deciding whether to buy, sell, or invest; however, when looking at the trends, the advantage is slightly in favor of selling right now. Make sure you’re well informed before moving forward and consider asking a professional for the specifics in your area.

If you have more questions or want an evaluation of your home in northwest Ohio? Reach out anytime! I also can help with getting you started with investing in real estate. Looking forward to hearing from you!

Statistics

According to Ohio Realtors (https://www.ohiorealtors.org/home-sales-news-release/), comparing February 2025 to February 2024
Sales are down 6.8%
Average sale price is up 6.4%
Home sales activity down 3.2%

Per RedFin (https://www.redfin.com/state/Ohio/housing-market) looking at year over year data:
In regards to Supply:
Number of homes for sale has increased 9.3%
Number of newly listed for sale homes decreased 6.3%
Number of month’s supply of houses is 3 months, no change

In regards to Demand:
Percentage of homes selling above their asking price is down 2.2 points
Days on market has increased 11 days, averaging at 55 days
Sale to list price is down 0.16 points, averaging to 98.0%

Overall numbers
Median sale price is $241,200 which is up 5.9%
Number of homes sold in Feb 2025 was 7,889, down 7.7%
Median days on market is 52 days, up 11 days

On Columbus Realtors (https://www.columbusrealtors.com/news/2025/02/05/1homepage/2024-central-ohio-housing-review/) in their end of year review for 2024 included the following:
Percentage of sold price compared to listing price
2020 – 98.8%
2021 – 101.6%
2022 – 100.9%
2023 – 99.1%
2024 – 98.0%

04/03/2025

Address

2903 Elida Road
Lima, OH
45805

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