All Forum Posts by: Account Closed

HI @Joe Ratterree

Any veteran who's receiving disability will have a Statement of Benefits they should provide you and that you can also verify with the VA. Make sure it's not the GI Bill, that's way different than a disability benefit. Learned that one a while back.

You have every right to ask for this documentation, we require it, and we verify it.

Rule Number 1: Know the law/regulations. PERIOD.
Rule Number 2: Do everything the same, every single time, follow your policies every single time.
Rule Number 3: It's none of your business.

Lot's of people will tell you they're great with people, or great with communication. Truth is, they like to talk. Subconsciously it's served them well in life. Talk less, listen more. Communication is listening.

"Oh, that's an interesting name. What nationality is it? OMGosh never, never, never.

Your property manager should be the one placing your tenants for you. It makes them vested in the long term success of the management agreement. Tenant placement only is more expensive, and once the place is rented they're out of it while paid in full. 

Tenant placement AND management is the best pricing, and since I have to deal with who we pick....especially now....I'm screening and verifying everything.

Gotta have some skin in it, in my opinion. Inherited tenants are quite often the worst.

Welcome to BP! I can help, I know a few fellas in your area, we manage just a little west of you. PM if you'd like an introduction.

I need a reference for a reliable HVAC person who's licensed, insured, and understands investment property business.

Yes, I realize when we say "understands investment property business" that sounds like "charges $20 for a coil clean." That's not what I'm after.

I need someone who won't recommend replacement on every unit over 7 years old, that will actually show up when they say, will check filters, and respect an NTE. Someone who can see the benefit of a long term relationship consisting of work orders, replacements, and full installs and not someone trying to pay off their house with one service call.

We cover Alpharetta, Lawrenceville, all up 400 to Dawsonville.

Where are you wanting to purchase? Driving maximum rent is usually tied to condition and location, but there are other factors...like the current market. If you're wanting to move into a completely different rental category by say...adding room(s) that's a whole different undertaking. 

The protection you're looking for should come from your tenant screening, not any additional language. Rent is due on this day, period, if not paid, X will happen.

Screen, screen, screen, screen, verify, verify, verify, verify. Check everything. Don't take any information you're given, verify everything.

Just recently had an applicant who kept telling me her landlord had not heard from us. The number she gave me, probably a friend, wasn't what we called. We called the office, got the number from Google, did a real verification.

Hadn't paid rent since COVID, active eviction pending held up by the courts, $10K behind.

Verify, verify, verify. Vacant is better than risk, even if your owner is all over you.

Okay, for the record I was being super-conservative with my one day stuff. Trying to act like I write 900 leases a day so you're gonna have to give me a minute.

Really, writing a lease should move itself to the top of any pile or to-do list. 

One business day? Tops...from approved application, and acceptance...yeah, one day.

Sent PM