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All Forum Posts by: Michael Thompson

Michael Thompson has started 8 posts and replied 193 times.

Post: New to Landlording, Need Resources

Michael ThompsonPosted
  • Indianapolis, IN
  • Posts 206
  • Votes 127

@Azeez K. Thanks for the tenant screening choices.  I've listed a duplex of a local investor that manages his own properties and will be sitting down with him tomorrow.  He has used SmartMove but I'm not sure how he feels about them yet.  I'll look into the other options.

Post: New to Landlording, Need Resources

Michael ThompsonPosted
  • Indianapolis, IN
  • Posts 206
  • Votes 127

Thank you @Marcia Maynard and @Beverly Meola .

Post: New to Landlording, Need Resources

Michael ThompsonPosted
  • Indianapolis, IN
  • Posts 206
  • Votes 127

Hello! My name is Michael and I'm 31 y.o.  I've been listening to the podcast for about two months now and just joined the community.  I officially became a Realtor in June so my interest in real estate now matches my title.  However, the long term goal is to buy and hold as an investment.  In the mean time I working as an agent.

I had a walk-in while covering the floor on Monday and sold my services to manage a ladies two rental properties.   They are next door to each other and one is three bedrooms and two bathes and the other is two bedrooms and one bath.

I'm starting everything from scratch: Application process, lease agreements, background checks, and everything in between.

Any help as what I should read, download, or buy in order to get this started?  I'm worried about the rental application and lease at this time.  I want to have a home run (no guarantee's I know) with my first tenant.  I also know this is question could go on forever but maybe just a couple of resources would help me while I put together my own process.

Thanks!

Michael