A good set of processes, standard operating procedures (SOP's), and policies can be the difference between a successful, well-oiled machine type of organization and a chaotic, inconsistent, and frustrating one.Their concept of "McDonaldizing" your operation is exactly right.

Borrower is a dentist with over $100k per month average deposits over last 24 months .Borrower states that he needs the cash because he just bought another dental practice.

So i saw alot of videos on youtube of guys that have like 25 units in first year or some crazy numbers like that but often they dont explain loan procedure so i would like to someone to explain it to me if can.

Hello,For Massachusetts landlords or possibly other states as well, what procedures do you all follow if a TENANT on a month to month basis gives a landlord a 30 day notice that they will be leaving, but they don't actually leave at the end of the month?

Definitely make sure to handle this with caution; follow the state procedure for evicting a tenant.

So I'm at this new job today, and everything is being thrown at me. 401k saving, dental, vision etc...

@Jynell BerkshireBeing from Los Angeles this is standard operating procedure.

I'll be more careful with my wording next time.Do you write all the system and procedures in a word file or excel?

Things that should have been done are neglected because they assume all states have the same procedures.8.

A lot of the buy and hold people on the site have clear written policies, its key to have clear criteria and procedures for screening tenants and then to apply these fairly and consistently.