5 October 2024 | 5 replies
My only concern is that the introductory/basic plan has a 5 envelope limit - assuming this is a monthly limitation - and I may have 5+ applicants that are duds before landing on one that I am comfortable with based on screening criteria etc...
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4 October 2024 | 4 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
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4 October 2024 | 5 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
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4 October 2024 | 5 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
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3 October 2024 | 2 replies
Some investors might also offer a flat fee, anywhere from $1,000 to $5,000, if it’s a smaller deal or if the realtor’s involvement was minimal beyond bringing the opportunity to you.You can negotiate based on how much work the realtor did (e.g., facilitating the deal, negotiations, etc.).
4 October 2024 | 7 replies
I am no longer auto-declining people due to the sub-600 scores, rather allotting a lower "point value" based on the lower ranges in our objective screening process.
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4 October 2024 | 2 replies
.- DM us for one that will do for flat fee.4) Highly recommend having property professionally inspected, including sewer camera.
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3 October 2024 | 2 replies
Having your handyman do showings could be a solution, but keep in mind that if he’s not experienced in tenant screening, it could expose you to more risk, especially with squatters or less reliable tenants.You mentioned using something like Showmojo for smart access, which is great for efficiency, but I’d suggest ensuring you have solid procedures for background checks and tenant screening if you go that route.As someone who’s owned a property management company for 5+ years and manages over 300 units, I’ve seen the impact of not properly screening tenants.
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3 October 2024 | 3 replies
You also should have better screened the PMC before hiring them - a common mistake!
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11 October 2024 | 30 replies
Your set in notion that all doing STR would not consider anything less, doing arbitrage, your flat wrong.