Luke H.
Tenant Breaking Lease, Next Steps?
3 November 2022 | 18 replies
Talk to them and make sure they are on board with you doing showings in July (with proper notice).
Javier Perez
Suing A Tenant for unpaid rent
13 May 2020 | 13 replies
Even the new laws say the debt is still owed.Of course, many courts are closed for small claims court, too, though.Another option might be to try to get a collection agency on board for money owed to you by the tenant.
John Collins
Security Deposit for 20 lb dog?
9 June 2020 | 11 replies
Instead, charge a pet onboarding fee (one time fee, per pet, nonrefundable) and a monthly pet rent (monthly fee, per pet, nonrefundable).
Nina Granberry
Property Manager Vetting Questions
16 July 2020 | 5 replies
The below is a good start: - Company Specifics (how many properties do they manage, what type of properties do they manage, how many property managers are employed, how many years have they been in operation, are they licensed)- Pricing (what is the cost to manage the unit, what is the cost, if any, to lease the unit, is there an onboarding fee, is there an early termination cost, are there ad-hoc costs for maintenance, tenant screening, or miscellaneous costs - such as to appear in court if you have an eviction)- Service offerings (do they conduct unit inspections, do they provide cleaning services, do they offer an owner portal to submit requests, do they offer a tenant portal to submit requests)- Financial Services (do they pay bills to vendors on your behalf, do they manage insurance procurement, do they provide you with rent roll, income statement, P&L, general ledger info, do they prepare annual 1099s for vendors, do they manage tax preparation process, do they allow tenants to pay rent online)- Tenant screening process (how do they vet tenants, do they take marketing photos, do they screen tenants, do they handle lease preparation, do they help register new tenants, do they conduct credit/background/reference checks, etc.)
Brett Sayers
Does Everybody Need Help With Quickbooks Like I do?
7 December 2020 | 31 replies
A great biz for a QB wiz is to do an on boarding month and then a recurring retainer.
Nicole Cotrino
Normal for a turnkey provider to limit discussion to 15 min?
30 June 2016 | 33 replies
We have a process that we follow to help onboard new investors and be as responsive as possible to every investor who has questions for our company.
Rick Camacho
Problem Tenant
10 July 2016 | 19 replies
You would probably have to get current owner on board with this plan...I'm guessing they're motivated.
Robin Cox
verify retired folks income??
14 July 2016 | 5 replies
Don't be stupid by on-boarding everyone you come across but also don't be stupid by excluding perfectly fine opportunities (= good tenants) simply because they don't have a W-2 (there was another thread about a trust kiddy; I'd jump on that immediately if it were me in the context of financial security - but the kid of course needs to otherwise be a viable tenant, which, uhm, sometimes can be the main issue ;-) ).So with retired folks we as landlords actually are in an even better position when looking at "job security": you can't get fired from your retiree "job"!
John S.
Purchasing with no tenants or inherit tenants
29 August 2016 | 12 replies
Prefer to pick and onboard my own tenants but weigh it against multiple vacancies....Also, other factors include : 1) month to month tenants can be cycled out quicker. 2) Inheriting good tenants can be nice, but inheriting those that were a contributing factor to the owner selling not so much. 3) getting a detailed rent roll and all the tenant info is a plus (no info =a red flag) and tenants in a program you don't do (like section 8) is a another issue to handle...
Joshua S.
Becoming a Real Estate Agent in Virginia (Costs Included)
13 June 2018 | 4 replies
The onboarding fee at the brokerage I decided to go with was $199.