A loan-to-value (LTV) ratio around 70-80% with a straightforward approval process would be appealing.

Though, this process will be the same for the other state (if you created a CA LLC you may need to register it as a foreign LLC in the state in which you are doing business/holding property).

Part of it is a learning process and I have learned a lot for future deals.

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.

Property management - to be profitable - relies on scalable processes and procedures. 

The lack of (real) jobs added is definitely a concerning process.

When a tenant leaves the cost to prep and re-rent the unit are substantial along with the lost rental income during that process. 7.

Hi all,
I’m trying to create some anonymity between me and the tenants. I want to present myself as the property manager rather than the owner. I am thinking of creating a DBA with a virtual business address through ...

Of course, you can hire a local inspector to confirm work is done before final payment, but that all requires some pretty decent process management.

We specialize in helping hosts like you connect with traveling professionals who need furnished accommodations.Our platform is designed to simplify the process, making it easy for you to list your property and reach potential renters.