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31 August 2022 | 4 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 April 2022 | 8 replies
I am still wanting to manage all the tenant screening and so forth and am really just looking for the management of the property (mowing, maintenance on major mechanicals, responding to needs, and occasional inspection that the property is being cared for).
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5 April 2022 | 5 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?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1217056/small_1622238521-avatar-faustinh.jpg?twic=v1/output=image&v=2)
4 April 2022 | 3 replies
I've heard a few diff names of apps on the bigger pockets podcasts for tenant screening and leases and repair tickets etc.
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9 April 2022 | 4 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?
2 May 2022 | 8 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?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/114827/small_1693934558-avatar-ducemus.jpg?twic=v1/output=image&v=2)
29 July 2021 | 8 replies
Poor screening often results in lost rents, legal & court costs and costly damages.Screening of applicants includes the following:Full credit/eviction/criminal checks are done, instead of score-driven reportsVerification of rental history includes validation of actual property owner to avoid fraudVerification of stability of income & employment via YTD paystubs & W-2(s) (analyzed to confirm not fakes)Income is calculated 3 ways to spot stability anomalies: pay period, YTD average and YTD + W-2 average.Debt-to-income analysis (more accurate than traditional 3x rent requirement)Bank statement to see if NSF issues, if deposits support income, prove MoveIn Funds, also analyzed for unusual transactions.Pet screeningHolding Fee required from approved applicants to make sure they are serious, before a property is marked pending.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2385808/small_1695072589-avatar-karthikr34.jpg?twic=v1/output=image&v=2)
18 March 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?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2333496/small_1640893813-avatar-thomasg348.jpg?twic=v1/output=image&v=2)
31 January 2022 | 1 reply
Other software has rent collection and tenant screening features but focuses more on income and expense tracking and report generation (so is more useful when it comes to bookkeeping and filing taxes).
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14 April 2022 | 16 replies
Proper decorating goes a looong way.I also agree with the WiFi, smart TV's etc.