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Results (9,032+)
Tyler Condon Best ways to Vet Property Manager
10 January 2024 | 5 replies
Currently, you can break PMCs down into 3 categories:1) Small mom & pop PMCs: Pros - one call for everything, very hands-onCons - usually very unorganized, which leads to mistakes, if they are sick you have no one to get ahold of2) Medium sized PMCsPros - organized, several backup points of contact, overall better serviceCons - things may take longer as more hands involved, stricter procedures can be frustrating3) Large PMCsPros - more data analysis for better service, more predictable servicesCons - even more hands involved, unique challenges often ignored (no process to handle them)Red flags:- Short agreement that leaves a lot open to interpretation, which usually means to their benefit- Not a lot of details shared about HOW they will execute their services, so no accountability- Tell you not to worry and trust them, when they haven't earned your trust yet- Don't have a website or owner portal- Aren't properly licensedYour biggest challenge will be screening to find a good one!
Mathew Wray Tenant placement fee/property management
11 January 2024 | 15 replies
I'm using this time to learn, in practice vs. theory, the day to day running of a PM company so that when I make the jump to full time I've got policies and procedures in place and wont have to ask as many questions like this.
Travis C. Short term rental sale valuation
11 January 2024 | 17 replies
Yes, as it's been stated on this thread, STRs are residential assets and thus, are going to be valued based off sales comps, as is standard procedure.
Jon Treskot Tenants late with rent
2 February 2019 | 10 replies
So in that instance if that is there personality style by all means i think they would be better off with the PM who just follows written procedures with no thought to extenuating circumstances for the tenant.. 
Sandy G. Non-paying Holdover Tenants
11 January 2024 | 10 replies
If however, they are intentionally avoiding communication in the way you described and forcing me to chase them down for rent; then I continue with the eviction procedure.
Yi Chu Business credit card repayment method
16 January 2024 | 1 reply
If this is not obvious to you, then I'm afraid that you may be making other similar mistakes in your business operating procedures.
Jeremy Porter Can a Property Owner Sign a Lease on Behalf of the Owner?
19 January 2024 | 0 replies
This includes understanding regulations related to rental properties, fair housing laws, eviction procedures, security deposits, and more.
Dheeraj Raj Tenant identity fraud
4 January 2024 | 13 replies
They know the procedure and the experts to use. 
Taylor Petersen New to real estate investing
18 January 2024 | 5 replies
I will be graduating from dental school in May and I have accepted a job in Oklahoma.
Sendil Thangavelu Procedure for Lease renewal for the second time
19 January 2024 | 1 reply

Hello,I rentla property in FL. MY tenant signed a one year lease (Lease 1) and for the second year, I did a lease renewal using Rocket Lawyer lease renewal template  that refers to the Lease 1 for comprehensive terms ...