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23 September 2021 | 0 replies
Such services should include: - Creating enticing market listings and ads promoting the property at its best for high demand - Rental market expertise to provide recommended rent amounts for your property's market without recommending an inflated rent amount scaring away potential tenants or recommending a deflated rent amount causing less of a return monthly- Physically showing the home to potential tenants- Collecting/depositing monthly rents and bill paying- Vetting/screening applying tenants or managing non-paying/troublemaking tenants- Resolving maintenance repairs by hiring professionals to care for your investment - Turning your investment property move-outs quickly for new tenant placementLook for all of the above listed services and more when researching property management companies to receive the most return on investment!
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24 September 2021 | 1 reply
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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27 September 2021 | 2 replies
Best ways to get tenant applications, screening tenants, collecting rent, banking, taxes (with or without creating a LLC), self managing the property and/or tenants, and everything else that comes with renting a place.
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10 October 2021 | 18 replies
Newer replacement windows, new exterior doors (originally the building used hollow core interior doors with a screen door as the exterior).I approached the owner of next door sometime in 2019 to see if they would be interested in selling.
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25 September 2021 | 6 replies
Hi All,My name is Mike and I am a recent college graduate (SDSU) and newbie investor from Southern California.I'm excited to say that after a few months of research and education I have officially jumped into the playing field, sending out ~150 direct mail marketing letters to out of state/area mutifamily property owners across 3 cities.As I continue marketing to owners, I hope to begin screening deals in the next few months.
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2 October 2021 | 4 replies
What are your strategies for screening tenants?
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24 September 2021 | 2 replies
How do you screen tenants (methods like Income verification, Credit Checks Approval/Pre-Approval)?
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24 September 2021 | 0 replies
My credit score is solid though.Is there anything that I am able to do >presently< to work my way into a 4 flat, house hacking situation or do I need to get some things done first before that is possible?
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24 September 2021 | 2 replies
If you aren't using a PM then it will depend how you screen the tenant and what programs you use on cost for advertising or screening( screening can usually be put on the tenant).When having the tenant any repairs that come up will be additional cost (largely dependent on the property and tenant).
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29 September 2021 | 5 replies
Finding roommates took a decent amount of time and effort to interview and screen.