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20 September 2022 | 3 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
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22 November 2021 | 147 replies
Please buy decent 3/2 house in ok decent area near freeways then screen for good tenants who commit to long term lease.
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13 May 2020 | 12 replies
For this strategy, you will want to make sure you screen your tenants to match each others' personalities or even have the new tenants meet the current ones before signing the lease.
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22 October 2021 | 9 replies
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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8 April 2020 | 2 replies
This is a bit of a hustle even when you are local as you have to manage cleaning people, painters, repair people, showings, tenant screening, lease signing, etc.
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9 April 2020 | 2 replies
Sure, if its just some paint, new flooring, maybe some low voltage lines for cable TV or a wireless AP that sounds fine.I know there are some areas of the country where town inspectors are a pain, but I usually here about that more so in major cities inspecting large commercial jobs.
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21 April 2020 | 4 replies
I still think it's a good value, because it handles accounting (books), website, online application, screening, e-pay, maintenance tracking, tenant portals, etc.
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25 March 2020 | 5 replies
Inherited tenants are typically more risky and difficult than tenants you screen and place yourself.
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15 April 2020 | 13 replies
You are betting on the business doing well, so a lot more goes into screening prospective tenants.
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7 May 2020 | 15 replies
Teach the "other people" how to properly screen and invest in passive investment opportunities the right way.