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26 December 2022 | 8 replies
We are very diligent about screening tenants and very proactive with evictions if something happens because we don't want to go 3-4 months without payment as that would completely eliminate the profit.
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28 December 2022 | 19 replies
@Christina Venegas how well did you screen this PMC before hiring them?
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9 December 2022 | 0 replies
Tenant screening/rent collection make it much easier and more likely to be successful.
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23 December 2022 | 7 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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29 December 2022 | 6 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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6 January 2023 | 11 replies
That is a tricky situation but you could implement stricter tenant screening processes, implement strict rules and consequences for tenants who violate the terms of their lease, try to work with the owners of the surrounding properties to address the issue of problematic tenants, offer incentives for good tenants such as rent discounts or referral bonuses, and consider partnering with local organizations or community groups to improve the area and make it more attractive to potential tenants.
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11 January 2023 | 11 replies
If you are going to sell it occupied, it's vital that your lease is excellent, you are screening thoroughly and charging market rates.
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23 August 2019 | 34 replies
Upon screening or meeting your cleaner, ask for a reference if you can.
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20 September 2019 | 21 replies
Renting and tenant screening can occur via the web.
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22 September 2020 | 6 replies
This will help you better estimate cost of rehabs as well as learn what may be necessary/unnecessary, rehab pricing and prevent over-rehabbing