Katie Lyon
Collections or Small Claims Court?
9 December 2024 | 4 replies
Get the judgment and frequently the court personnel will instruct you on how you can collect.
Kyle Carter
Screening tenants effectively
7 January 2025 | 5 replies
Hello Kyle,When screening applications for the properties that I manage, I always look for:- Income of at least 3 times the monthly rent (verified through the employer)- Credit score of 580+- Rental verification with past landlords (no outstanding balances, no late payments, and the property left in acceptable condition)- No history of collections, evictions, or criminal offenses- No overdue debt (except medical debt)I have found this screening standard very helpful when finding tenants who pay on time and treat the property well!
David Martoyan
Adaptability - Profitable Skill
4 January 2025 | 0 replies
But I know there’s so much to learn from the collective wisdom of this community.Let’s share some insights:What’s been your most successful recent deal, and why?
Janine Sharma
1099 or W2 for onsite MHP property manager?
12 January 2025 | 7 replies
If your manager is just 'keeping an eye' on things, collecting/reminding on a few rents here and there and some light cleanup while being compensated in free or reduced space rent then classifying them as 1099 subcontractor is great.
Mackaylee Beach
Have you accomplished your investment objectives for this year?
17 December 2024 | 1 reply
Some grow too fast and discover they've built a full-time job for themselves.Growth can also include improving cash flow, increasing property value, or optimizing operations.
Briar Blake
Property Managers Violated Contract
7 January 2025 | 11 replies
PM's will keep all late fees, they hold the security deposits so they collect all the interest on security deposits.
Michael Kussin
Subdividing Land near Denver
31 December 2024 | 4 replies
Is there anyone in the Denver area that knows the early stages for subdividing land or what professionals I should turn to in order to start collecting some basic info?
Rose White
Tenant Background Check
15 January 2025 | 6 replies
What if they have collections or judgments?
Devin James
Do you prioritize equity growth or cash flow in your investments?
5 January 2025 | 18 replies
Equity growth is the priority with mitigating any cash flow loss or optimizing the property for superior cash flow.
Allende Hernandez
Do you run screening in all the potential tenants?
11 January 2025 | 15 replies
And what if the one person you didn't check has a criminal background, has collections, and more?