
6 March 2025 | 6 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!

31 January 2025 | 44 replies
Had he simply bought the properties 10 years ago like he did and left them vacant for this entire time he would've made way more off of them then what he did trying to rent them out and manage them.

7 January 2025 | 20 replies
Buy a house using your parents' money, then manage it for them while living there.

26 December 2024 | 6 replies
My landlords use Azibo for management and RentSpree for screening, but there are a million options.

7 January 2025 | 16 replies
As for the PM question - we manage 37 units ourselves...

6 January 2025 | 2 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

12 January 2025 | 8 replies
The Justice Department, backed by 10 states, claims these landlords—who manage over 1.3 million rental units across 43 states and D.C.

3 January 2025 | 18 replies
The mayor has been hot on out of state investors and poor property managers since his campaign.

4 January 2025 | 14 replies
After paying a competitive rate for the property management and ASSET management that the small operator does himself.

24 December 2024 | 8 replies
In the past when I am looking for a property manager I google to find all managers with physical offices in close proximity to my properties to narrow my search and ignore all sponsored adds that fake that they are local.Since you have self managed, you will be better equipped to "manage the manager".