Please ensure your reservation is updated by logging back into your BiggerPockets Conference confirmation via GetRegistered.

Hi Jesse,When screening tenants for your rental, there are a few key steps you can follow to ensure you're getting reliable tenants.

Lastly, your bookkeeper should be doing this anyway to ensure depreciation reported on your books ties to the tax return.

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.

As a lender who specializes in financing for real estate investors, I understand the unique needs of the BRRRR strategy and can offer tailored solutions to fit your goals.Here’s how I can support you:Flexible Financing Options: Various loan products designed specifically for investors like you, allowing for quick access to funds for purchases and renovations without the stringent requirements of traditional lenders.Experience with BRRRR: Having worked with many investors using the BRRRR method, I can guide you through the financing process, ensuring you understand the best strategies for maximizing your returns.Quick Turnaround: With a streamlined application process and quick approvals, you can move fast when you find the right property.Personalized Support: I’m committed to building strong relationships with my clients.

Once the sheriff completes the eviction, they can regain possession and ensure the tenant vacates.It's always a good idea to consult with a local attorney to make sure they are fully compliant with Pennsylvania’s landlord-tenant laws.

Another common route is borrowing from private lenders—whether friends, family, or other investors in exchange for a return on their investment, though you should always ensure everything is clearly agreed upon in writing.If you're hesitant to use your savings, a HELOC or hard money loan might be your best bet for accessing the capital you need without dipping into your reserves.

Here are five important things to consider when making your decision:Certifications & Licenses: Hire a firm with AMO accreditation and CPM professionals to ensure best practices and ethical management.Local Experience: National firms aren’t always better.

This can help offset costs and improve your financial position.Cash Flow- Calculate all expenses related to both properties (mortgages, property taxes, maintenance, insurance) and ensure you have a positive cash flow.Vacancy Rates- Factor in potential vacancies when estimating rental income.

We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.