Typically a worthwhile real estate broker will save you time through efficiency and add at least equivalent value in actual dollars through effectiveness.  

Instead, a hybrid approach could be more cost-effective and aligned with your goals.Why Full-Service Property Management Might Not Be Necessary:Based on my experience, Evolve is a popular "half-service" property manager, which means they handle tasks like creating professional listings, managing dynamic pricing, guest communication, and advertising on platforms like Airbnb, Vrbo, and Booking.com.

Doubling up on deposits or requiring larger deposits might weed out some of the riskier tenants upfront, though it's not always a foolproof solution, especially in markets where affordable housing is tight.Regarding your point about double security deposits, you're absolutely right-this can be an effective strategy.

I have been to the legislature and city council meetings to testify against the so-called ‘tenant protections’ that are damaging rental opportunities for marginal tenants.There is no “right answer” for you, but here are a few considerations.1.

Hi Michael,Your qualifying script is strong, but a few tweaks could make it even more effective.

In 2020, I added wholetails, novations, and double closes to my toolkit, which allowed us to consistently achieve higher profits and scale our operations effectively.

Last cleaning cycle, I had two of my properties with disconnected/damaged vent ducts that essentially vented the dryer into the basement (in one case) or the attic (in the other case).  

This could result in higher quality tenants sooner and keeping them longer, all which have more than quantifiable effects. 

Hi all, For a rental home, tenant says bathroom floor keep getting wet, even though it is small amount. at first, they thought they dropped some water. after wiping water, however, it keep coming back and now they think there is some water leak. my plumber went to check and found no issue with bath sink. he thinks it must be shower leak. the shower was redone last year by a contractor, who i ended up firing since he did not show up to work later. anyway, i hired water damage restoration (Servpro) company to check how much damage there is now. unfortunately, based on my research, it is very hard to find source of shower leak. i am thinking of rebuilding shower. i hired a kitchen remodel contractor and he gave me two options; either fix shower pan only, or (optionally) rebuild shower as well. 

Should I send a notice out to my current tenants that their rent would be raised to $1400/m effective Nov/Dec 1st and if they can’t do it that they would need to leave by then?