Cleveland Property Management Blog

How the Maintenance Platform works

Managing properties in Cleveland, OH, doesn't have to involve constant calls, scattered updates, or missed repair requests. A modern maintenance platform simplifies the process, helping property managers handle requests, schedule repairs, and keep tenants informed, all in one...

Property Manager's Guide to Tax Time and Sending 1099s to Cleveland Landlords

When the year comes to a close, many property managers and landlords face an annual challenge: managing tax statements and 1099s. According to the IRS, property managers and landlords must file Form 1099-MISC for each person to whom they have paid at least $600 in rents or other ...

4 Landlord Tips for a Stress-Free Property Management in Cleveland, OH

In Ohio, the median rent is around $1,270, according to World Population Review. Since this state is one of the more affordable for renters, it's easier for landlords to find new tenants compared to many other places.Being a landlord in Cleveland can come with its fair share ...

How to Calculate Rental Increases in Cleveland, Ohio

Between 2023 and 2024, Cleveland saw an outstanding 7.4% increase in median rent. As a real estate investor, this trend may put you in a tough spot.When you have to increase rent to stay profitable, the big question is: how much? If your increases outpace the market, you'll l...

Real Estate Asset Management: Best Practices That Put Money In Your Pocket in Cleveland, OH

Cleveland's real estate market is on the rise -- the S&P Case Shiller Home Price Index hit 192.23 in August 2024, a 92% increase since 2000, though still below national averages (Statista).Despite this gap, neighborhoods like Ohio City and Downtown Cleveland have become i...

Why Our Real Estate Agent Referral Program is the Best in Cleveland, OH?

In December 2024, Cleveland's housing market experienced a remarkable 15% year-over-year increase in home prices, surpassing national averages, according to the New York Post. This surge highlights the city's growing appeal and the expanding opportunities for real estate ...

5 Key Aspects of Maintenance Coordination in Cleveland, OH

RealWealth reports that the average home price in Cleveland, Ohio, has grown 6.5% annually since 2014. If you own or manage property in the area, this is great news. But to truly capitalize on this growth, it's crucial to stay on top of maintenance.Proper maintenance coordina...

Optimizing Owner Statements & Reporting for Success in Cleveland, OH

The real estate market in Cleveland is vibrant and constantly evolving. The New York Post reports that Cleveland, OH home prices surged 15% in December 2024. This was the largest surge among the 50 biggest U.S. cities.Effective owner statements and reporting are crucial to the su...

Should I Use a Home Warranty: A Guide for Cleveland Landlords

As a landlord in Cleveland, have you ever been caught off guard by an unexpected repair for your rental property?If so, you're not alone. Many housing experts agree that managing properties comes with its fair share of surprises, and these can often lead to significant financ...

What Is a 1031 Exchange? A Landlord's Guide

The average price tag on properties swapped in a 1031 Exchange is a whopping $1.32 million (Business Wire). That's right, this isn't just for small-timers -- we're talking serious commercial deals happening here. The magic behind these million-dollar moves is a 1031 E...