Renting a home can be an exciting time for anyone. Especially if you have just moved to a new city, started a new job, or entered into a new life phase. Renters often want to make their space theirs immediately upon moving in. But how do you go about decorating a space while renting? We’ve compiled a list of ways renters can make their space feel more homely without breaking the bank.
Rental interiors are typically painted a neutral color to apply to the masses. If you prefer different colors for the walls in the rental, talk with the property manager on your options. More often than not renters are allowed to repaint the interior of the space as long as they paint it back prior to the end of their lease and moving out.
If you decide not to paint, you can still add your own style with pops or color. A few decorative ideas to introduce some color into your rental space is to use furniture, pillows, or art that are more in tune with your style.
If your rental is smaller in square footage, there are ways to decorate without feeling crammed or confined. Utilize mirrors to reflect more light and give the illusion of a bigger space. Find multi-purpose pieces of furniture that will allow for more space when not in use. These could be things like trunks for coffee tables (extra storage) or stacking chairs. Also, think about adding furniture that is full in size and sets rather than using odds and ends furniture pieces that will give the feel of a doll house.
The Outdoor Space
Many home rentals will have a front or rear outdoor space. Exterior spaces can provide your home with a warm welcome to your visitors. Depending on the time of year and the weather, consider adding some of the following personal touches to showcase your personality and design aesthetic:
These options are easily removable and interchangeable depending on the season, and you can choose your price point on what to spend on decorating. Create your outdoor space as an extension of your interior rental and an extra area to entertain.
Renters have to be cautious about the changes they make in their home since nothing can be permanent. If you have a smaller space and are lacking the amount of storage you desire there are a few hacks and tips to use. Think about utilizing furniture, hideaway storage, removable shelving, pegboards, behind the door racks, and more. Visit your local storage store for ideas and inspiration for your unique space.
Just because you are renting a home, does not mean you cannot make it your own. If you would like more information on property management in the Cincinnati area, contact Cincy Rents today.
Owning a property can mean different things to different people. You could own one property or a handful of properties. Your property could be down the street from your own home or across the country. You could physically maintain the property or hire a handy man to maintain. Whatever your property ownership arrangement, there may be times you consider hiring a property management company.
What do Property Management Companies Do?
The greatest value of a property management company to a property owner is time and experience. Regardless of an owner’s situation, owning a property or properties is time consuming.
Property managers are the middleman between an owner and a tenant. They handle the routine tasks of owning a property like collecting rent, property maintenance, and marketing.
When you hire a property management company, their initial task will be filling your property with a tenant(s). One of the most valuable aspects of hiring a property management company is their experience. Companies will know the local renting area and where to market/advertise your property to get you a quality tenant. This can be a major attraction to owners who may not live or be familiar with their area their property is physically located in, owners who have experienced low quality renters in the past, or owners whose property has been vacant for a long period of time.
Property management companies will also gather prospective tenant applications, screen prospective tenants, and run background checks. Property management companies have the resources and team to take on this task giving the advantage of more qualified, long term tenants.
Once a tenant is approved by the company, they will continue to handle all aspects of the relationship with the tenant. This includes the signing of the lease agreement, handling emergency situations, property maintenance, coordination of move ins and outs, evictions, and receiving of rent payments. Communication with the tenant is typically a hassle and most time consuming aspect of owning a property, especially if the property is only serves as an additional income.
When to Hire a Property Management Company.
Some situations that are ideal for hiring a property management company:
Own multiple properties
Live in a different area than your rental property
Lack time to manage property
Disinterest in property management and forming a relationship with tenants
Property Management Company in Cincinnati
If you are a property owner in the Cincinnati area and are currently any of the above situations, contact the property managers at Cincy Rents. Our property management teams will assist you in optimizing your investment to it’s highest profitability. Contact us today for more information.
The Clifton Gaslight District of Cincinnati is located in the north central part of the city. It is near the UC campus and offers a diversity of retail, dining, and drinking establishments.
The area is still lit by original gas lamps birthing the name of “Gaslight District.” This village-like, tree lined community features residential streets with historic homes and mansions. Residents of a mixture of students, professors, artists, families, and more call it home.
If you are wanting a true sense of the Gaslight District, take a trip to the movies. The Esquire Theater is a 107 year old treasure that was saved and resurrected by residents in the area. In the 1980s, the theater was threatened to be replaced with big chain restaurants, but residents joined together to save it and promote it as an art house movie theater. According to Esquire Theater’s website, “…the owners are committed to showing independent, foreign, low-budget and commercial films – movies they believe interested Cincinnati moviegoers should be given an opportunity to see.”
Ludlow Avenue shopping and Dining District
A beautiful aspect of the the Gaslight District is the lack of strip malls. The Clifton area instead features the Ludlow Avenue shopping and Dining District. There are plenty of places to dine in the district from upscale or casual, French or American, to hometown establishments.
It also features some of Clifton’s best little shops. Gifts, clothing, accessories, home goods and more. Enjoy walking and spending the day enjoying what the district has to offer.
Cincy Red Bike
Clifton is also home to a Cincy Red Bike station. Located at Library & Burnet Woods – 3402 Brookline. Pick up a bike and enjoy the Gaslight District!
Clifton Cultural Arts Center
Enjoy an event, exhibit, or class at the Clifton Cultural Arts Center, a community-created art center. The CCAC website states “the center is fueled by shared passion and a singular belief – collective experience of creative and artistic expression brings together diverse communities and nurtures more inspired, more insightful children and adults.”
Support an inspiring Clifton establishment and view their event calendar.
Clifton has a handle of parks in the area to enjoy.
Mount Storm Park is on a historic estate featuring the original gazebo from the Bowler home. Today it has been converted to a children’s playground with a great view of the Clifton skyline.
Mt. Airy Forest offers a dog park, panic areas, disc golf, hiking trails, and more.
Burnet Woods is 89.3 acres with a walking trail that University of Cincinnati students and families particularly enjoy escaping to.
If you are looking to call the Clifton Gaslight District home, you can find a list of apartments, homes, and condos for rent on the Cincy Rent’s website.
This trail is part of the Otto Armleder Park located just east of Cincinnati loops along wide, paved route within 238 acres of open meadows. Bike along the southeast end of the park to overlook the Little Miami River or along the southwest side of Armleder Park to connectt with Lunken Airport’s bike path.
If you are wanting some Cincinnati views, visit Covington’s Devou Park. Ride up to Devou’s highest hill, Memorial Overlook, for a panoramic view of Cincinnati and Covington.
Ride over eight miles of their backcountry biking trails or take a more casual ride down their paved trails. Biking is a perfect way of transportation through the park to enjoy all it has to offer including scenic nature trails, golf, picnic areas, fishing, museum, tennis, concerts, and more. Bike rentals within Devou Park are available by the hour or the day with various options to meet your or your family’s needs.
This riverside biking trail is perfect for beginners. Young ones can enjoy an easy, smooth ride with plenty of other attractions to stop and rest along the way if needed such as landscaping, award-wining sculptures, and even restaurants.
Conveniently located east of Downtown Cincinnati, there is no reason not to visit Friendship Park for a quick bike ride.
70 miles of trail staged from Loveland, Milford, Newtown, Miami Township, and Lebanon make up what is affectionately known as “Loveland Bike Trail.” It is actually part of Little Miami State Park and most of the trail follows an old railway of the Little Miami Steam Railroad. The trial now hosts free parking, restrooms, picnic tables, coffee, ice cream shops, restaurants, entertainment, and bike rentals.
The Newport Southbank Bridge, or Purple People Bridge, after a renovation in 2003 reopened the bridge to walkers and bikers. The bridge connects Sawyer Point and Yeatman’s Cove along the riverfront of Cincinnati with the Newport on the Levee development of Kentucky.
Spanning the state of Ohio from Cincinnati to Cleveland, the Ohio to Erie Trail is a collection of regional trails connecting four of Ohio’s metropolitan cities, large towns, and small villages. Primarily composed of off-street recreational easily accessible and paved trails. In 201,7 it was measured to be 326 miles long.
Large way-finding signs guide travelers with information about the distances between towns and the local amenities offered along the way. For more information and history on the Ohio to Erie Trail visit their website.
Ohio River Trail
There is some exciting news for Cincinnati bike riders in 2020. The 23 mile Ohio River Trail is currently being worked on to connect downtown, riverfront parks, and many neighborhoods.
According to the city of Cincinnati website, several segments of the trail have been completed: 0.5 miles along Mehring Way from Main Street to Broadway Street; 0.6 miles through T.M. Berry International Friendship Park; and 3.9 miles between Corbin Street and Salem Road.
The portion of the Ohio River Trail from Paul Brown Stadium to the west has been completed at one location, Fernbank Park, and two more segments of Ohio River Trail West are planned to be constructed by 2020.C
A pre-lease deposit agreement is an arrangement between a prospective renter and the landlord where a money deposit is placed to reserve a rental property for a future period. Typically this deposit is equal to the cost of the property’s first month rent.
Signing and paying a pre-lease deposit agreement will take the property off the market and begin the referencing process. A tenant is essentially committing to a rental unit in a written agreement. If possible, it is always recommended that a renter view the property in person before making such a commitment. This benefits both the landlord and the potential tenant in not removing the property from the market if it really will not fit the tenant’s needs in the long run.
Rather your walking around Findlay Market, visiting one of Cincinnati’s top ranked human parks, or taking your canine friend to one of the dedicated Cincinnati dog parks, your sure to enjoy the outdoor living; even right outside your city home or apartment.
Otto Armleder Memorial Park & Recreation Complex is home to Great Parks first off-leash dog park spread out over 10 acres of land. Featuring small and large breed dog areas, drinking fountains for dogs, shade trees, benches, and even a canine shower. If your on the east side of Cincinnati, be sure to bring your four legged friend to exercise and socialize at Armleder Dog Park.
Nestled within Summit Park, this dog park is more than just a park dedicated to dogs. Restaurants, playgrounds, walking trails, biking, farmers markets, and more are available for dog owners and families to enjoy as well as the traditional dog park.
Located on Eggleston Avenue in the heart of Cincinnati, Fido Field is a purely volunteer managed and maintained off-leash dog park for both large and small breeds. Their passion is to “purely to provide Cincinnati residents and their four-legged companions a place to run and relax.” While they are currently working on a permanent water source, be sure to BYOW (bring your own water).
This Cincinnati Parks enclosed dog park is accessible from Mt.Airy and Westwood. Another great park for not just dogs, but the entire family. Featuring one of 23 picnic areas, gazebos, gardens, disc golf, a public treehouse, horseback riding, and more.
If your looking for an all access 24/7 dog park, then consider joining the Red Dog Park; a member’s only dog park adjacent to Red Dog Pet Resort & Spa. Enjoy three acres of rolling fenced grounds only accessible from a double cate with personal keypad access and 24 hours surveillance. Vaccination and spayed or neutered requirements apply.
The largest dog park in the region provided by the Great Parks of Hamilton County and philanthropic partner, Great Parks Forever. Featuring 11 off-leash acres, four separate fields, dog agility equipment and play zones, provided shade, and strategically located benches.
WagsPark is a Cincinnati’s biggest and premiere private dog park. Offering dogs to get the exercise, mental stimulation, and doggie playtime they need to be healthful pups. Featuring a swimming lake, doggie splash fountain, pet drinking fountain, doggie play set, agility courses, and array of events for you and your dog to attend. Single Weekday, Single Weekend, 10 Visit Passes, and Annual Memberships available. Temperate testing is required.
This 12,000 square-foot fenced in dog park is the perfect way to relax and socialize your four-legged friends. Serving Over-the-Rhine and downtown Cincinnati dogs and owners, the Washington Park Dog Park features a water creek, synthetic canine turf, and pea gravel.
Property investors can choose to hire property management companies to handle the duties of their rentals. While this will cut down on their rental profit each month, the value that a property management company provides may include both monetary expense and time benefits.
A rental property requires both routine and emergency maintenance. It takes a good amount of energy to keep a home or apartment as nice as when you first invested in it.
Good maintenance management can improve your property’s bottom line. Aside from responding to tenant’s emergency call in a promptly manner, regular maintenance tasks must be performed as well. These can include:
Cleaning and housekeeping
Investors will want to have a schedule and tracking system of these and any maintenance requests for each property that they own to keep record for both owners and tenants. This can become an extremely time consuming task depending on the properties owned. Hiring a property management team to handle maintenance can be a huge help.
If a rental property becomes vacant, owners will want to fill it with a new tenant as quickly as possible; which requires more than just an ad. This is another time consuming aspect of managing a property that management companies can play a big role in. Filling vacant properties includes:
Speaking with prospective tenants
Collection of rental applications
Approval of tenants
Prioritizing tenant screenings is an important step if you want to keep your property eviction free with a valuable and longterm renter. This includes examining a potential renter’s credit report, background check, eviction history, references, and verification of income.
There are a number of reasons that a tenant’s rent may not be paid on time. Property investors typically are not concerned with the why a tenant’s rent was not received, but with the payment actually arriving into the property’s bank account. A property management team can handle speaking with the tenant and ensuring the rent is collected in a timely manner.
Knowledge of Laws
As a property owner, it is important to be aware of the renting laws in your state. Property managers regular attend conferences and business events to stay up to date on the latest rental laws and policies. These can be valuable insights that property managers can then convey to owners and enforce compliance with for the individual properties and renters they are managing.
Duties of Property Managers
Property managers may also have the following duties:
Property Management Company in Cincinnati
Property management companies can maintain a profitable rental property on behalf of an investor by performing the above duties. If you are looking for a property management company in Cincinnati, contact Cincy Rents. We have a variety of professional property management services for property owners to save their time, work, and stress.
A recently published book, Rent Your Way to Freedom: Live Well Now While You Build Your Future (Second Edition) by Eric Nies, discusses the idea of renting a home as a superior path toward wealth in comparison to buying.
Nies, an economist and speaker, argues that renting a house can be more beneficial than owning, and questions the concept of home ownership as an investment.
Finding an apartment to live in can be a daunting task for anyone, let alone finding your first apartment ever to live in. For most of the first 18 years of our lives, where we lived was already predefined by our parents. If you then went off to college, you may have been limited by the selection of choices to dorms or similar institutions. Now that you have entered the real world, where you call home is entirely up to you for the first time.
Finding an apartment in Cincinnati can have it’s ups and downs during the process, but it does not have to be a scary or negative experience. Here are tips to make the process go as smooth as possible:
Plan a Budget
First, you need to know if you can afford to live in an apartment of your own. Things to consider in your renting budget include location, apartment size, and perhaps amenities. Experts suggest to spend no more than 30 percent of your monthly income on rent. But, keep in mind rent is not the only thing you will be paying for with your entry level salary. You may also need to budget for:
Utilities (power, water, cable, internet, etc.)
Home Goods (cleaning supplies, linens, kitchen supplies, etc.)
Renting Application Fees
Security Deposits (possibly the first and last month’s rent)
Moving Expenses (movers, boxes, etc.)
Upon reviewing your budget, to cut down on the costs of renting an apartment, you may need to change preferred neighborhoods or consider getting a roommate.
Landlords and property managers will want to make sure you can pay your rent each month so be prepared to provide financial records after applying for an apartment. Proof of income is typically requested in the form of pay stubs. If you have not begun working yet, an offer letter from your employer is usually enough. If a credit check is required, a third party (like a parent) can assist you.
Begin Your Search
Searching for an apartment to rent can be time consuming for the potential renter. We all want to find our ideal apartment in the right location, but sometimes we must compromise on or wish list. Decide what factors are must haves for you and which are negotiable. How long are you willing to spend commuting each day to work? What amenities are important to you specifically? Thinking about these parameters will help you begin your search.
Most apartment searches begin online. With anything online, be wary of scams. Make sure you are looking for an apartment from a reliable source, apartment services like CincyRents, are typically most trustworthy. Do not ever send money or personal information before confirming the listed rent space exists and is indeed available. Either view it in person or have a family member or friend view it for you to confirm.
If you are looking for an apartment in a new city and are unfamiliar with the different neighborhoods, try taking a walk around different places you potentially want to live. Look for availability in buildings that attract your eye. You’ll get a good sense of the area this way.
Questions to Ask When Searching for an Apartment
When viewing apartments and meeting with property managers or landlords, keep the following questions to potentially ask:
How long has the apartment been vacant? You don’t want an apartment that has been empty for too long or has quick turnover rate, it is usually an automatic red flag.
Are, if any, utilities included in the monthly rent?
How long is the lease?
What date is the rent due each month?
How much is the security deposit. Usually it is the amount of the first or first and last month’s rent.
Do you have rent increases? How often and what is the amount?
Is subleasing permitted?
What are acceptable lease breaking conditions?
What are the penalties for late rent payment?
Is on-site maintenance available?
What is your pet policy?
What internet providers are available?
Is the landlord or property management team allowed to enter without notice?
Is painting the apartment permitted?
Signing an Apartment Lease
Once you’ve found an apartment that is right for you, take your time with the lease. Make sure to read through it in detail at least once or twice. A lease is a binding legal agreement and you don’t want to break it unless you have a legit reason. Leases typically last for 12 months. If you are unclear about anything listed in the lease, ask.
Make sure you are familiar with the rules of the building before move in day. Some apartments restrict move in times to certain days or hours as not to disrupt other residents. Deliveries or trash may have specified areas on the property, elevator rules, etc.
Find Apartment Rentals with Cincy Rents
Cincy Rents can help you navigate finding an apartment in Cincinnati. As Cincinnati’s premier apartment and home rental service, we are constantly updating our property listings online with high-quality apartments, condos, and houses available for rent. If you are in the market for your first apartment in the area, we would be happy to assist you with your search. Contact us today.