Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 3 months ago on . Most recent reply

User Stats

1
Posts
0
Votes
Daniel Bell
  • Property Manager
  • Knoxville TN
0
Votes |
1
Posts

How to do showings the right way

Daniel Bell
  • Property Manager
  • Knoxville TN
Posted

I believe it's crucial not to require an application before viewing a unit. My timeline for turning over vacancies is strictly four weeks, which is the maximum acceptable period between a tenant moving out and the arrival of a suitable new tenant. Remember, four weeks is already 7.6% of a year without any cash flow—let that sink in!

This gives me a considerable edge in my market because many landlords and property managers insist on an application prior to a unit showing. Since I don't have that requirement, I attract many potential tenants eager to physically see a property before investing 25 minutes online and spending $25-$50 only to be disappointed by a no-show agent, which can feel like being scammed.

I keep the showing process short and straightforward, lowering the barrier for more applicants in my pipeline that I can potentially approve!

  • Daniel Bell

Most Popular Reply

User Stats

2,086
Posts
2,139
Votes
Andrew B.
  • Rockaway, NJ
2,139
Votes |
2,086
Posts
Andrew B.
  • Rockaway, NJ
Replied

Charging tenants an application fee before they see the unit is absurd, but are people actually doing this? I've never heard of somebody paying a fee before you even see the place, and I would tell anyone that it is more likely to be a scam. 

What happened to pre-screening? If you're not pre-screening you're wasting your time. 

Loading replies...