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21 August 2024 | 6 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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21 August 2024 | 2 replies
It certainly could improve your cash flow but it won't help with finding prospects, screening tenants, maintenance, deposit dispositions, etc.
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21 August 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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22 August 2024 | 18 replies
Most owners don't screen their property managers and hire someone they already know (e.g. their sales agent) or someone they find online with cheap fees or a slick sales pitch.I offer referrals along with three promises:1.
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20 August 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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23 August 2024 | 21 replies
There's no point in idly waiting - we have travel bins ready to go with things like window screening, exterior trim paint, gate latch parts - they're always broken, deck screws, toilet replacement parts, outlet covers, etc.
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20 August 2024 | 2 replies
Go to BUILD YOUR TEAM at the top of your screen, and you can search for other MEMBERS in your area or LOCAL MEETUPS.
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22 August 2024 | 20 replies
They also do not have a proper screening process for tenants.
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20 August 2024 | 3 replies
The company helps with the rest of the stuff like rent collection, late payment follow up, advertising vacant units, showings, tenant screening, leasing, renewals, reports, and evictions (which is a corner case).
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20 August 2024 | 4 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.