Real estate investment has been a reliable source of generating passive income for many investors. For many years, investing in rental properties has created additional and consistent cash flow by the means of rent. Over the past few years, the housing market has grown steadily in the United States, especially in Dayton, one of the major cities in Ohio.
Multi-family investments make great rental properties in Dayton, and we manage quite a few buildings and units in and around the city. One of the questions we’re most frequently asked is whether an on-site manager is required.
Upgrading your Dayton rental property can increase your earnings as well as the quality of tenants you attract. High quality residents will be willing to pay more for modern, attractive spaces.
Property owners who rent out their property to short or long-term tenants need landlord insurance. These policies can be written for single family homes, condos, duplexes, apartments, and more. They are often purchased when an owner buys or refinances a rental property and needs coverage.
The Ohio Landlord-Tenant Act of 1974 sets out minimum rights and duties of both landlords and tenants. We recommend that every landlord in Dayton and throughout Ohio becomes familiar with the law.
