All Forum Posts by: Pedro Andrade

Many landlords don't realize that keeping a rental off the MLS can be a massive disservice. Some property managers avoid listing on the MLS just so they can keep 100% of the leasing service fee, but this often leads to longer vacancy periods and lost rental income. A few extra weeks of vacancy can cost landlords thousands—far more than they thought they were saving.

this is exactly what happened to a new client who reached out after having his property managed by an ultra-low management firm (5%) who was using only Zillow to Advertise the house and stay vacant for 199 days. They have to make up for that lost revenue somewhere, and it’s often in ways that hurt you—higher leasing fees, excessive renewal charges, or subpar marketing that leads to longer vacancies.

Have you ever hired a “budget” property manager thinking it would save you money, only to regret it later? Share your experiences—I’d love to hear how it turned out.

I think for the next few years (2 to 5) is going to be a blend. 

I am personally training a live chat bot and a Live Agent for my real estate business, also automating workflows and funnels which will save me thousands a year in employees. 

In the longer run I do see more and more advance and less human interaction. 

Hats off to you @Jimmy Delcamp

Many of us stay focus on why it wont work instead of simply taking action and trusting the process!

In the last two weeks, I’ve spoken with five property owners who were weighing the decision to rent or sell their properties. Each of them was looking for a professional perspective, but I noticed a common theme—almost all were focused only on cash flow.

While every situation is unique and depends on individual financial goals, I always emphasize the four ROIs of real estate:

1. Cash Flow – The immediate rental income after expenses.

2. Appreciation – The long-term increase in property value.

3. Loan Paydown – The tenant is effectively covering the mortgage, increasing equity over time.

4. Tax Benefits – Depreciation and other deductions that can significantly reduce taxable income.

Of the five owners I spoke with, only one chose to sell—and that was due to an immediate need for liquidity. The others saw the long-term benefits of holding their property, particularly the tax advantages of depreciation and the potential for appreciation over time.

Many property owners assume cash flow is the only metric that matters, but real estate offers multiple ways to build wealth. If you're considering whether to rent or sell, it’s worth looking at the full picture before making a decision.

How do you evaluate the long-term potential of your real estate investments?

Hello @William Whitley

This perspective really puts things into focus. I’ll definitely be applying your mentor’s wisdom moving forward—time is the most valuable resource, and I see how outsourcing the right tasks can actually increase profitability. Appreciate you sharing this!

Last week, I got a call from an accidental landlord who had been struggling to get his rental back on the market. He had moved to Central Florida, but ever since his tenant left ten months ago, he had been traveling to Fort Lauderdale every other week, trying to handle the renovations himself.

When I arrived at the property, I found him outside, working on the landscaping. Inside, the house was in solid shape—nothing major, just a few outdated light fixtures, some worn-out kitchen handles, and the need for a deep cleaning.

As we talked, he explained his plan: finish the yard work, then tackle the small repairs and he estimated 2 months for this, and then he’d be ready to hand it over for listing and management. But after running the numbers, I showed him how waiting another two months would cost him far more than the few hundred dollars he was trying to save. With market rents at $3,000 per month, every delay was a direct hit to his bottom line. I suggested bringing in my handyman and cleaning crew to get the house rent-ready in a matter of days instead of months.

It’s a common story—landlords trying to DIY their way to savings, only to lose thousands in lost rent. Do you know anyone who’s stuck in the same cycle?

Quote from @Henry T.:

No. Mom has to live nearby. What if you have to sue her for non-payment? Don't do it.

It’s not necessarily about suing—it’s about following the legal lease enforcement process. If both are on the lease, then standard procedures apply, including eviction if needed. The mother’s name, credit, deposit, and rental history would still be at risk for non-payment, even if she doesn’t live nearby. What matters is that she is a leaseholder, making her legally responsible, regardless of location.

Hello Malachi! 

Yes, this setup is quite common, especially with college students renting near campuses.

To protect yourself, ensure that both the mother and daughter sign the lease and meet all standard requirements (income, credit, background check, etc.). Even though the mother won’t be living there, having her on the lease as a tenant—not just a guarantor—gives you stronger legal standing. This way, if any issues arise, you have the ability to hold both parties accountable, report to credit bureaus, and proceed with eviction if necessary.

Hope that helps!

yes, this is typically how college students rent apartments close to campuses. 

To protect yourself both have to sign the lease, both have to pass all the requirements (income, credit, criminal etc) even though you know that the mom is not going live in the unit in paper you wanted to look like if she does, so if something happens you can evict both, put claims, and report to credit bureaus. 

Hope it helps 

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🏡 Reliable, Transparent, and Hassle-Free Property Maintenance – Here’s how we ensure your rental stays in top shape while keeping costs under control.

🔧 Tenant Maintenance Requests – Fast & Easy

✅ 24/7 Tenant Portal – Tenants can submit maintenance requests anytime, from any device.

✅ Immediate Processing – Work orders are logged, tenants get instant updates, and vendors are notified.

✅ Clear Issue Documentation – Photos, videos, and detailed descriptions help us assess the problem accurately.

⚙️ The Process:

📅 Smart Scheduling – Tenants provide availability, and vendors book the earliest slot.

📢 Owner Notifications – You stay informed without the headaches.

🛠️ Troubleshooting First – Our maintenance coordinator helps tenants avoid unnecessary service calls (e.g., thermostat batteries, breakers, etc.).

📝 Tenant & Vendor Feedback – Repairs are verified before payment is issued.

🏠 Proactive Property Care – Vendors provide reports on potential red flags during visits.

💡 What Makes Us Different?

🚫 No Profit from Repairs – 100% Transparent Pricing

Unlike other PMs that mark up maintenance costs or force in-house services, we share original vendor invoices and never take kickbacks.

✔️ No Conflicts of Interest – We don’t profit from repairs, so our only priority is protecting your investment.

✔️ Use Your Trusted Vendors – We’re happy to work with your preferred professionals.

🔜 Next Video: Pricing Breakdown – Stay Tuned!

📞 Call/Text: 954-669-9426

📅 Schedule a Consultation: https://calendly.com/truenestpm/consultation

📽️ Learn More: https://truenestpm.com/property-management-process

🔔 Subscribe for more expert property management insights! #PropertyManagement #RentalMaintenance #Broward #MiamiDade #LandlordTips

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