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5 January 2025 | 4 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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19 January 2025 | 61 replies
@Kyle Atans or PHX when building stopped dead cold and they deported half the construction workers who happened to be 80% of the tenant base.. same with central CA building stopped no deportation though :)I just bought in Vegas for semi retirement and tax purposes I kind of like were it sits now.. but no question your timing of that market was impeccable.. !!!
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28 December 2024 | 11 replies
CTREIA is also a great place to learn and network with new investors.I own, invest, and flip a lot in central CT and own a property management company, Ironclad Property Management.
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12 January 2025 | 8 replies
If they say "No" then ask them to support that with documentation to avoid a boiler plate response.
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7 January 2025 | 5 replies
They might have insights on specific zip codes or pitfalls to avoid. https://www.biggerpockets.com/forums/521
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14 January 2025 | 8 replies
I wish I had another work around for you, but I actually stopped using my business CC all together just to avoid the PITA "hacks" they offered as solutions.
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28 January 2025 | 27 replies
Because it seems like you've been down this road before and have failed - if that's the case say that so I can avoid certain things.
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9 January 2025 | 10 replies
Then you can avoid the self promotion issue.
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6 January 2025 | 4 replies
For instance, mismatched names, employment details, or salary figures should warrant further scrutiny.Urgency to Move In: Applicants who are unusually pushy about quick move-in dates may be attempting to bypass thorough checks.Reluctance to Provide References: Hesitation or refusal to provide contactable references from previous landlords or employers is a cause for concern.Cash Offers for Faster Move-In: Proposals to pay a significant amount up front, especially in cash, to expedite the moving process can sometimes indicate an attempt to avoid scrutiny.Unverifiable Identity: Difficulty in verifying the applicant’s identity through standard identification documents can indicate potential fraud.Tips to Mitigate Rental Application Fraud:Enhance Verification Processes: Implement stringent verification processes for employment, previous rental history, and identity.
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16 January 2025 | 18 replies
However, once we implemented technology a few years ago, even our local clients prefer to avoid driving and switched to doing business remotely.