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20 August 2021 | 8 replies
It's a great screening tool. ;)
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15 August 2021 | 1 reply
We don’t know any PMCs to recommend in the NJ 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 don’t cover.
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27 August 2021 | 19 replies
How to screen rental property management companies , things to avoid, things to look for.
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14 January 2022 | 7 replies
If you would like them to stay beyond (some future set date, ~ 30 days out), they would need to be screened, added to your lease and your lease amount would increase by $XX"Second, the moment calls for a review of your standard/existing lease language.
16 January 2022 | 1 reply
How did you screen your tenants for these rentals and do you use a property management company?
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18 August 2021 | 6 replies
No big deal, but the point is my super simple database and recordkeeping system was able to discover the discrepancy and I also found that my CPA's records were $30,000 or $60,000 off (can't remember).My point is; Quicken makes bookeeping super cumbersome and because there are so many screens and crap you don't neet Quicken makes your bookkeeping prone to mistakes.You don't need Quickbooks.
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25 December 2021 | 4 replies
What is everyone's most important things they look for when screening tenants?
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7 February 2022 | 5 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.
20 July 2022 | 1 reply
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?
26 July 2022 | 1 reply
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?