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Updated over 5 years ago on . Most recent reply
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I’m trying to help investors/Landlords with this post
I met with a potential customer for property management services in Jacksonville FL & told him what we do & gave him some good advice on how we should manage the home. Around a week later he reached out to me & said sorry a person a few doors down is going to rent the house & I’m going to manage it myself. That did not bother me & I’m gad he let me know.
I asked him a few key questions. One is are you getting a security deposit? The answer was no & I explained to him the importance of getting a security deposit. I could tell after I gave him examples of the importance of a security deposit that he understood the importance of a security deposit. I then asked him did you check her credit? He said no she told me she pays the rent on time. I told him just about every prospect is going to tell you that. I then recommended that he at least do a rental verification. I asked about a lease & he said he was going to use one from a website.
Sometimes it’s worth it to hire an experienced property management company or Agent/Broker it could save you some headache. I’m sharing this in hopes of helping Landlords avoid the items I mentioned above. I hope this helps.
Most Popular Reply
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Some people are either ignorant or like to learn the hard way. It's crazy how many people get into business knowing almost nothing about the business and then cry, complain and blame everyone except themselves when they go out of business.