Posts

Red Flags from a Phone Call

 I took a phone call last week from a potential investor.  From word 1, he was complaining about how much everything costs involving a rental unit.  Cost of labor.  Materials mark up. He had tasked a new PM with posting a 3 day.  It had been almost a week & it wasn't yet posted.  My immediate question / comment is "Are you paying her to post the 3 day?"  If not, she's busy with work that IS paying her for her time and that 3 day gets posted only when more pressing work (paying her time) is done. In terms of vacants, I asked this investor if he takes the time to make sure they are rent ready with no lingering issues.  Or is he rushing his crew to do next to nothing on the unit.  Does his vacants look shabby to the possible renter?  I explained to him that when my husband & I prep a vacant in the portfolio of rentals we own (that we've oved for over 10 yrs now), we make sure we are putting out a product we can be proud of.  In...

A La Cart Services

As a property management company, we offer additional companion / auxilary services.  I am a licensed risk assessor and notary public.  Danny, my husband, is licensed in HVAC and pest control.  With these services, you do NOT need to be under contract with our mgmt company to use these services. Within the property management services, all of our services are a la cart.  If you just need an eviction done, a vacant turned, a vacant leased up, etc, we can specialize our services to meet your needs. Is there any other way we can help you out?  Feel free to reach out to us to see how we can help. D & K Property Management Services Karen Bostwick (440) 590-5925 KarenMBostwick@yahoo.com https://dkpropertymgmtsvcs.blogspot.com/ Broker License 2018002999 Bostwick Environmental Services, LLC (216) 325-8505 BostwickLeadSafe@gmail.com Metro Pest Control (216) 312-7702 MetroPestControlOH@yahoo.com  

Updates Regarding City of Cleveland lead safe certification (WITH A 4.11.25 UPDATE)

Back in the Fall of 2024, I shared info about the updates of the City of Cleveland lead safe certification.  Specifically the additional requirements needing done before paperwork can be sent to the city for them to sign off on an owner's compliance. https://dkpropertymgmtsvcs.blogspot.com/2024/11/city-of-cleveland-lead-safe.html Fast forward to late Feb 2025.  The city is woofully backed up.  What used to take 30 days is now taking months.  If this is a surprise to you, I've got swamp land in Florida to sell you.  A year ago, when the City of Cleveland implemented the new rental registration requirements, the department was already short staffed.  But they assured the City Council sub committee AND the full City Council that they were actively hiring.  Either they're having a lot of turnover OR they can't con anyone into working for the city. because more than a year later, they are STILL woefully understaffed. Here is the article:   https:/...

Jenny's Warriors: Leukemia & Lymphoma Society Fundraiser

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My daughter Gracie Mae is a senior in high school.  1 of her friends has been very active with initiating a fundraiser, sending out mailiers for fundraising, selling shirts to generate funds.  The friend is also having an in person event fundraiser on Sat Mar 8th, 2025.  This below is her info.  I've contributed $50.  I'm also putting together gift baskets for the in person event for the side raffles. I ask you consider donating to this this truely grassroots effort she has started. https://events.lls.org/noh/svoynoh25/ccanacci My name is Corin Canacci, I am a senior, and I am the Fairview Student Visionary of the Year Nominee with Leukemia and Lymphoma Society on team Jenny's Warriors. I am running this campaign in honor of my friend Jenny who lost her battle with cancer a few years ago. When I was given this opportunity I immediately jumped on it.  Throughout this entire process, she has been in the back of my mind. I named our campaign after her. I will ...

Grease waste from cooking

As a property manager, the 1 phone call I cringe more than anything is about kitchen plumbing being backed up.  95% of the time it's because grease or food is clogging the plumbing. It had gotten so bad early on in our management practice that we specifically put it in the lease about who (the tenant) is responsible for this type of maintenance call.  We also have it written that if they fail to address it during their residency, we will deduct the appropriate charge from their security deposit.  Usually, this problem doesn't go unnoticed.  In an apartment building and or duplexes, if "ground zero" doesn't say anything, it's usually backing up into the unit next door or the unit below. Here is a link that goes into the technical terminology about it. https://www.facebook.com/share/r/1FRUoTwVB6/?mibextid=oFDknk Karen Bostwick, broker D &K Property Management Services KarenMBostwick@yahoo.com (440) 590-5925 https://dkpropertymgmtsvcs.blogspot.com/

2025 Lenten Declutter Challenge

Various different religions encourage different acts of acknowledgement during the Lenten Season.  Sort of along the lines of spring cleaning, some are encouraging folks to declutter during lent.  I challenge you to find a (1) way to declutter. While the obvious is declutter physical items, you can also declutter financially, mentally, and physically (personal self). Financially, are there "subscriptions" and or memberships that you're spending money on monthly but you don't take full advantage of.  Are there yearly memberships you forget about until it's too late to cancel.  As a suggestion, could you use this money on financial donations to the local charity of your choice?  Many non profits won't object to even a $15 monthly donation if you're set up on an auto pay. Physically (personal self)...even if you're within an ideal weight, perhaps it's just taking time to enjoy a walk a few times a week.  And, this doesn't always mean getting a gym...

City of Cleveland planned crackdown on non compliant rental registrations

This past Feb, city council for the City of Cleveland passed the Resident 1st Legislation.  There are now additional tasks local agents in charge must certify in order for your property to be legally registered. Aspects of it include: Property taxes are current. Common area utilities (water, sewer as the example) must be current. If the property has 4 or more units, a licensed HVAC contractor must sign off on its operation. A local agent in charge must be designated...this person becomes legally, financially, and physically responsible for your property. The owner (if not an individual) must have a good standing certification with the Ohio Secretary of State). The property must be lead safe certified.  This is with the new more stringent process that will take longer to complete and cost significantly more. The bigger implications I'm anticipating is at the new year Cleveland Housing Court will want proof of this compliance at time of eviction filing for the court to consider ...