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30 September 2024 | 8 replies
Most of my screening comes from gumshoing social media, web court searches and following up on references.
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3 October 2024 | 9 replies
Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.
30 September 2024 | 3 replies
If you have strong screening criteria, someone who is qualified should be just fine.
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30 September 2024 | 10 replies
The key is tenant screening.
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2 October 2024 | 9 replies
And as my target tenants are traveling and may not always have access to a larger computer screen that is something I will look into prior to the next tenant.Good luck, and thank you so much for the information.
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2 October 2024 | 8 replies
You'll need a reliable network of local professionals (plumbers, electricians, handymen) you can trust.Hiring a Property Manager:Peace of Mind: They handle day-to-day operations, tenant communications, and legal compliance.Local Expertise: They understand the local market trends and rental laws in Colorado Springs.Cost: While there’s a fee, many find it worth the reduction in stress and time commitment.Lessons Learned from ExperienceBuild a Strong Local Team: Even if you manage the property yourself, having a dependable local handyman and a real estate attorney can save you headaches.Leverage Technology: Utilize property management software for rent collection, maintenance requests, and tenant screening.
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30 September 2024 | 3 replies
You should screen and approve every occupant.
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29 September 2024 | 17 replies
These always result in lost money, wasted time, and broken friendships. 6.
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1 October 2024 | 24 replies
I am too busy to hear about the latest unit that got broken into and stripped.. or the latest drama of tenant who cant or wont pay either their total rent or their portion of the rent after the section 8 payment. and then the constant turn over and cost associated with turnover.. the Investors buying these are not C and D class folks like the tenants that are going to occupy their props so they really have very little clue about how those folks live their life and on the razor sharp edge they are financially.
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29 September 2024 | 16 replies
They're seldom home during the day and on weekends.The upstairs tenant texted me yesterday (I do have a separate phone line for our properties) saying she's having noise issues with the downstairs tenants: banging the screen door closed after she's gone to sleep on weeknights (11:00pm), talking on the phone at 1:30am, up and about at 2:30am on the weekend.