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All Forum Posts by: Michael Lee

Michael Lee has started 4 posts and replied 82 times.

Post: Temporary pet? How do i ensure the pet is gone?

Michael LeePosted
  • Rental Property Investor
  • Baltimore, MD
  • Posts 84
  • Votes 23

If you really want to accept them as tenant, charge non-refundable pet deposit and also charge pet fee every month, which will encourage them to protect your property. 

Post: Markerting rooms for rent

Michael LeePosted
  • Rental Property Investor
  • Baltimore, MD
  • Posts 84
  • Votes 23

Zillow, Zumper, apartments.com and Trulia, hotpads, I believe you should try as many listing websites as possible. Or you could try Tellus App, they can help you post your listing on 10 more websites super fast. 

Post: Landlords, rental appliances?

Michael LeePosted
  • Rental Property Investor
  • Baltimore, MD
  • Posts 84
  • Votes 23

I don't think refrigerator should charge money from renters. 

Post: How do I get an early start in real estate?

Michael LeePosted
  • Rental Property Investor
  • Baltimore, MD
  • Posts 84
  • Votes 23

You can first build your credit score, which is important to all kinds of investment. 

Post: Out of State Investing

Michael LeePosted
  • Rental Property Investor
  • Baltimore, MD
  • Posts 84
  • Votes 23

Joining offline meetups when you have time and network with more professionals. When you have any question, you can search on BP for a solution or start a discussion. BP members are all willing to help! 

Post: Should I create a separate email account for landlording?

Michael LeePosted
  • Rental Property Investor
  • Baltimore, MD
  • Posts 84
  • Votes 23

Keeping all your rental property stuff in a different account will work better! It's hard for us to track rental property emails in our own account because we always have a bunch of unread emails in our inbox nowadays. Keep them in a separate account and check everything related to your rental property there. 

Post: Communiacting with your tenants through text

Michael LeePosted
  • Rental Property Investor
  • Baltimore, MD
  • Posts 84
  • Votes 23

Texting works but it's hard to track the conversation related to your property just in text message and you sometimes cannot follow up the message since there may be a lot of unread messages in your inbox. I'll recommend you use a software that designed for rental property and let your tenants and you chat in the software. I now use Tellus and it can create home chat including my tenants, my property manager and me in a group. 

Post: Tons of people asking to see an apartment, how to handle this?

Michael LeePosted
  • Rental Property Investor
  • Baltimore, MD
  • Posts 84
  • Votes 23

Set an open house time and meet them face-to-face, in this way you can know more about your potential tenants. 

Post: Help renting vacant unit

Michael LeePosted
  • Rental Property Investor
  • Baltimore, MD
  • Posts 84
  • Votes 23

First, congrats on this property! Try to market and advertise it on more listing websites before you have a promotion. 

Post: Rent payment options?

Michael LeePosted
  • Rental Property Investor
  • Baltimore, MD
  • Posts 84
  • Votes 23

I'll recommend Tellus since it's designed for rent collection. You can receive rent from tenants and track the rent roll in the app.