
18 May 2024 | 3 replies
So I pull up some neighboring comps, hoping that if I add the 5 comps to MM, that screen will no longer pop up and then I can then turn off the toggle switch.

19 May 2024 | 15 replies
Otherwise you are DIY running a rooming house and its alot of work screening and managing the 2am fights, tenants leaving their trash in the kitchen iratating the other tenants.Its all doable, just the actual amount of hands on is more then you might think, even if padsplit is in your area and is willing to take your house into their system.

18 May 2024 | 2 replies
Let's explore some effective approaches for managing investment properties:With a Property Manager:Screening and Selecting Tenants: Entrust your property manager to handle tenant screening, background checks, and selection, ensuring reliable renters for your investment.Rent Collection: Property managers can ensure timely rent collection and handle any late payments or lease violations professionally.Maintenance and Repairs: Delegate routine maintenance tasks and repairs to your property manager, who can coordinate with contractors and vendors to keep your property in top condition.Tenant Relations: Property managers serve as the primary point of contact for tenants, addressing their concerns and ensuring a positive rental experience.Lease Enforcement and Evictions: Trust your property manager to enforce lease terms and handle the eviction process if necessary, following legal procedures.Financial Management: Property managers can handle financial tasks such as budgeting, accounting, and financial reporting, providing you with regular updates on property performance.Without a Property Manager:Self-Management: Take on the responsibility of managing the property yourself, handling tasks such as advertising vacancies, screening tenants, and collecting rent.Outsourcing Specific Tasks: While not hiring a full-time property manager, consider outsourcing tasks like maintenance and repairs to trusted contractors or service providers.Utilizing Technology: Leverage property management software and online platforms to streamline processes such as rent collection, lease management, and maintenance requests.Establishing Clear Policies: Set clear policies and procedures for tenants regarding rent payments, maintenance requests, and lease terms to minimize conflicts and misunderstandings.Regular Inspections: Conduct regular inspections of the property to identify maintenance issues or lease violations early on and address them promptly.Building Relationships: Maintain open communication and positive relationships with tenants to foster a sense of community and encourage better care of the property.Whether you choose to hire a property manager or manage the property yourself, effective communication, attention to detail, and a proactive approach to property management are key to maximizing returns and maintaining the value of your investment.
16 May 2024 | 5 replies
I was wondering what is the best way to screen future tenants if I don't want to pay for a monthly subscription like tenant cloud or rentredi?

19 May 2024 | 3 replies
It was too long for me to read but hopefully it said that or it wasn’t worth the screen it was printed on.

20 May 2024 | 88 replies
Enterprising blood-sucking-leaches, er, I mean lawyers, will search the public records looking for people who own multiple properties, and then find a reason to sue them.

18 May 2024 | 10 replies
If it were me I'd offer her a couple of hundred dollars cash to be out asap, and screen more carefully for a better renter in the future.

18 May 2024 | 1 reply
I could swing my mouse on a screen and find dozens of properties that would easily cash-flow $300/door and more after all expenses.

17 May 2024 | 1 reply
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.

17 May 2024 | 8 replies
It will screen our tenants, market our properties to places like Zillow, etc... pretty much everything we could need or want.