Just a lot of systems, paperwork organization, and staying abreast of/within the law (required notices, addendums, etc.).3) The screening criteria we use:650 credit score or aboveIncome 3x the monthly rentNo pets (depending on the property)No smokingNo evictions, notices to comply, or money owed to landlords in the past 12 monthsProof of income and financial responsibilityAdditional:First, last, and security deposit due at signing750+ credit score does not require last month rent (helps incentivize quality tenants)Best of luck!

If you’re the owner of all 5 units you have control.

Do you have any tips or systems in place that have boosted your property's ROI?

What works well for me and my investors is Launch Control and Batchleads.

There is ready access to a ridiculous amount of tools, resources and information not to mention ready-2-go systems.

I positioned mine near Case Western Reserve University and the hospital system, and that has been a major advantage.

Ideally, I think many new agents want to go full time but would like to build a pipeline and get systems in place before leaving the 9-5.

The only time we share properties we control with our brokerage is if we plan on using our brokerage services to sell the property.  

The good news is that in cities like Berkeley with aggressive rent control, there is always a shortage of available rental units (the rent board bureacrats constantly find ways to perpetuate the housing shortage upon which their jobs depend).

Use this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onHere is my rating & classification for each livability score.80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below F