To get to the bottom line, you must start at the top
Monday, February 29
Setting the Facts Straight According to the Rent Bureau, renters with one prior debt have a default rate 4x higher than renters with no defaultShould you give your tenant an extension (e.g. 10 days on $3,000 of rent)? If your tenant asked for a 10 day, $3,000 loan, would you write the check?If ye...
Part IV: How to Declutter Your Property Management Process
Thursday, February 11
Part IV: Move Outロ Initial Move-out InspectionYou should provide the tenants a written notification of their right to request an initial move-out inspection (required in CA, but you can check your state’s laws). Either you or one of our agents will perform the inspection. It is an opportunity to ...
Part III: How to Declutter Your Property Management Process
Monday, January 18
Part III: In Tenancy☐ RepairsA well-kept household will minimize future hassles, both with emergency and move-out repairs. You will be able to turn over the property faster if you continue to maintain its condition.Remember to always assess whether you or the tenant is responsible for repairs. Oc...
Part II: How to Declutter Your Property Management Process
Tuesday, January 12
Part II: Move-in☐ Move CoordinationProperties within an HOA should check notifications and requirements for a move-in, especially with large furniture. Documents and policies should be uploaded online, with a notification for the tenants to review.☐ Initial Payment ReceivedConfirm first month's r...
Part I: How to Declutter Your Property Management Process
Saturday, January 02
Part I: Leasingロ Determine Monthly RentUse a combination of the below approaches to price your rental(1) Market Approach:Review rental prices of comparable properties currently listed on the market.(2) Growth Approach: For properties rented historically, use the initial rental rate and apply your...