However, I don't think I've seen it broken down as to what is included as part of that percentage.

I'm wondering how do you all screen your tenants?

As mentioned before, stairs were broken, floors were moldy, etc. 

👀Broken down by Denver metro cities, see which month YOUR city had the highest median home price in 2024....✅ Denver - April - $610,200✅ Westminster - April - $570,000✅ Arvada - June - $655,000✅ Thornton - June - $560,000✅ Lakewood - June - $605,000✅ Englewood - July - $600,000✅ Morrison - June - $968,000✅ Conifer - January - $872,500✅ Evergreen - April - $1,200,000✅ Golden - May - $1,025,000✅ Littleton - April - $680,500✅ Parker - July - $715,000Certainly these months/time frames can change in 2025 depending on mortgage rates, inventory in your city, etc.But, if all remained constant, this gives you a ballpark idea of time of year to net the most money

You screen applicants because you don't know them!

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Use the top three or four discriminators so applicants can screen themselves.Then you need to have clear screening criteria yourself.

This approach gives you the opportunity to thoroughly screen potential tenants, ensuring they align with your values and standards.

I used it to list my properties, screen tenants, manage payments, send notifications, manage maintenance.

New year, new laws (Senate bills 205, 206 & 207).Effective January 2, 2025, Michigan landlords can no longer consider a tenant's source of income when screening them.