All Forum Posts by: Ariel O.

@Jennifer Taft @Bruce May

It's a combination of a hot market, but also inept agents as well.

Meaning, in the hot markets, the agents/brokers are inundated with full market offers and they know it. So if they have a list or people who they know will actually buy, then they'll sell to them first. Just by way of example, a nice property in a major metro came upon a major listing site recently, and for the love of God you cannot get through to the broker/owner who listed it because everyone recognizes it for the deal it is and he's got his pick of the litter.

Conversely, I've encountered brokers with less hot offerings in less hot states (10-12% caps in Ohio, Indiana etc), but they're just difficult. No follow up, don't really know the biz, etc

But I also find great brokers too :-)

@Joe Ramirez

Good luck!

From a marketing point of view your messaging is not clear. Who are you replacing? The Property Manager? How? Property Management is a wide range of tasks that include getting a tenant into the unit, collecting rent, doing maintenance on the unit, handling evictions as necessary, etc. It's very much a "boots on the ground" type of job.

From my very limited overview of your Landing Page it looks like a hybrid model of AppFolio with an Angie's list add on, where your markup is on every single service rendered. Does that make the most sense?

@Kris Fox

Always do the Phase 1. Always Do the Phase 1. Always Do the Phase 1.

Save it for after you've done everything else that is not that expensive, but always always always. I cannot tell you how much $$$ I've saved by using Frank and Dave's due diligence book and walking away from deals that seemed great but would have cost millions.

@Chris Politylo

We have an internal tool we developed for employment screening. Like I said no interest so far on the tenant side.

@Chris Politylo

So this service exists, but most landlords/multi family owners aren't interested. Mainly there's a cost involved, and if they go into bankruptcy, you're another creditor.

If they get arrested, that's a separate issue.

@Kyle C.

As everyone mentioned above, from a criminal point of view you can rely on CBP/DHS who hopefully have done their work right. Usually the applicant has to supply the local embassy with a report from the police department/local version of FBI that they don't have a criminal record.

I would call up the local college directly and make sure the jobs are real and the salaries are as mentioned. That should make you happy.

Remember in California you cannot discriminate based on citizenship status, so tread carefully when asking for passports. In your case though I think it should not be a problem.

Sorry to hear that was your experience. It's definitely an issue, but there are ways to combat it, it's just a question of tech savvy.

For example we ask for landlines only, and then verify the number belongs to a landline. We'll also have someone check the company phone number via google as well.

@Donald Crockett

He lied. He could have said yes, told you about it, and that would be that. Lying on the app is an immediate denail.

It happens. Did the credit report return an address or anything? My main concern would be ID theft - ask for a driver's license/passport.

@Account Closed

I'm hesitant to answer the questions here now. Made a newbie error. You can email your questions and I will answer them.