Alex Zweydoff
Exploring Additional Services That Could Be Offered by Property Managers
9 June 2024 | 8 replies
"for $___/year, we provide "x" additional inspections")6) Liability policy that covers tenant intentional damage, criminal acts, and unpaid rent when skipped or evicted (through insurance provider that provides this kind of coverage)7) Financial reports per quarter (as whatever period makes sense to you) (this can allow you to advise the owner on the health of their portfolio)8) End-of-year review of the property to show conditions and suggested needed and preventative maintenance items 9) Preferred vendor discounts (requires a contract with a vendor to give better pricing)10) Eviction protection programs (this is usually done "in house" when you have sufficient number of units under your management to be able to offer this kind of program)11) Legal services (requires agreement with landlord attorney to provide those services at set fees)12) Professional photos option (for enhanced listing)13) Professional, licensed home inspection (this is more relevant for older homes to ensure safety and habitability are addressed) 14) HVAC filter replacement program (this can also be a program offered to tenants)15) Pet and ESA screening through pet screening vendor (helps to streamline and increase quality of screening)16) Client portal account for ease of communication, updates, reports, etc.
Jessica DiPonziano
Squatters insurance, yay or nay?
9 June 2024 | 12 replies
The biggest pitfall is when a landlord tries to be "nice" - non-paying tenants are literally stealing from you, treat them like the criminals that they are.To calculate reserves for vacancy costs We average about 2-3% vacancy across our portfolio, I use 5% as the number for reserves.
Daniel Okeefe
credit screening tenant
8 June 2024 | 4 replies
All great, however, when we ran her background/credit check through Tenant Check LLC it came back No criminal, No eviction, No SO records but it literary shows ZERO credit.. no CC, no car payments , no nothing.
Spencer Herrick
Trouble tenant- police, drugs; time to evict
8 June 2024 | 7 replies
If they refuse to move out, evict through an attorney.When I tell tenants to leave because of lease violations or criminal behavior, they read the writing on the wall and move out 80% of the time. 19% will stay the full 30 days, or close to it, and then move out.
Carl Gustafson
Mental health issue with a neighbors tenant
4 June 2024 | 3 replies
While there has been no actual criminal actions other than threats, the cops won’t arrest him even though they have been called many times for his disruptive behavior.
Edward Schenkel
Ask An Attorney Anything About Real Estate Law
9 June 2024 | 223 replies
To make a long story short.....My RE agents email was hacked, the criminal reached out to the RE Attorney (because they were able to obtain info on the Attorney, and myself through RE agents email) and acted in my behalf.
Mary Munoz
Do you provide applications to everyone that looks at rental?
3 June 2024 | 19 replies
. ;)As far as who to rent to: the group with the better credit history, higher scores, no or least criminal background, most stable job history, rent history etc.
Edy Lagares
Credibility packet? How do you build one? When should I have one?
31 May 2024 | 7 replies
RE Mortgage banker etc.2. criminal and credit back ground checks with redacted personal info IE SSI. but you want them to know your not an ex felon or did not pay your child support etc.3.
Becca F.
Investing in California - pros and cons
30 May 2024 | 13 replies
One San Leandro landlord is owed $132,000 in back rent and in Oakland you can't discriminate against rental applicants with a criminal back ground (except sex offenders) and several stories of non-paying tenants which took thousands in legal fees to evict in Oakland.
Andrew McGuire
I'm Buying Negative Equity Properties and I'm Excited About It
31 May 2024 | 149 replies
I know a few other folks that did this and it went very wrong and they got criminally indited and sent to prison..