
27 September 2024 | 14 replies
You are handling too much risk with not enough reserves.

26 September 2024 | 12 replies
That means they don't have the financial means to afford your rental and are highly likely to default on the rent payment.I recommend you watch them like a hawk and start figuring out how to handle late payments, non-payment, and eviction immediately.

25 September 2024 | 4 replies
I’ve seen landlords who handle this by requiring tenants to show commitment through actions like attending financial literacy programs before lease renewal, which could help mitigate some of the risks.PS: If you haven’t already, consider working with local organizations that offer financial literacy workshops for tenants as part of lease conditions.

25 September 2024 | 8 replies
Now the Team Lead is handling the clients of the Associate Realtor.THE CHAOSOnce my Realtor left, the team lead shared that the initial contract that I completed for the purchase of the home was not completed in full.

24 September 2024 | 3 replies
Getting a good handle on those are hard if you have no experience.Think of it like any other rental but calculate out what your food, linen, housekeeping, front desk, upkeep costs are just like any other expense.

25 September 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?

25 September 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?

24 September 2024 | 2 replies
By using a service it enables you to create accountability and increase the likelihood of getting paid, while also using an automated platform to handle the monthly follow-ups for up to 6-7 years so you don't have to.

27 September 2024 | 14 replies
If you really don't value your agent's ability and think you can do it better, it's likely best that you 1) interview more to find one that you do trust, 2) go through the listing agent, directly, if you're that comfortable with handling your side on your own, or 3) maybe get your license so you can control your side of negotiations with the proper tools needed (MLS access with agent info, showings, contracts, tax records, uploaded listing docs like surveys, disclosures, broker assistance for questions, etc.).

24 September 2024 | 6 replies
Remind them of the peace of mind you offer by ensuring the deal won’t fall through and that you handle all the details.With a few adjustments, your approach can be even more effective in converting leads to deals.