20 December 2024 | 4 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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26 December 2024 | 11 replies
I think behind tenant screenings and leases there is a quality of a landlord that's also as a person that is the respect for a good person and the intelligence of making fair affairs.For me for ten years in the past I had a house of 650sqft (two rooms and cozy kitchen) where I always have been giving away one of the room for others who were asking for help for themselves and I didn't had any earnings for me by that, and that has been during for many and many years, meanwhile I was surely needing more space for me, for my business in a studio and for my own personal life I eventually could have been having.Nonetheless this, on last years I had no more an house and I needed a room for rent, but even before any screening the landlords were being unrespectful and very unreasonably severe to me, they often had making me lose so much time by no taking or going away to the point I had no other choices in the end, and they set me in the wrong places for me, dangerous ones, too small, too big and very expensive, unhealthy ones or not providing anything at all when it was obvious they needed to.To me this kind of behaviour is very wrong, mostly because usually they are the same people who pretend respects and acts as they are very careful and attentive to housing situations in general, but with me, they have been lying above anything and just disrespected the person at a human level.
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19 December 2024 | 24 replies
Pretty often no water, sewer, power or even roads to the property.
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25 December 2024 | 12 replies
In my experience, late payers often become non payers; so, I stick with the practice above.
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23 December 2024 | 12 replies
I see it often - so much so that we decided to put in place, a five part process as part of our due diligence.
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21 December 2024 | 6 replies
A lot of tenants might not know how to use it properly.
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31 December 2024 | 13 replies
We also try to incentivize early completion with bonuses and punish late completion with reduced payments, but in reality this often becomes challenging because of things outside the contractor’s control.Hope this helps you some.
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20 December 2024 | 3 replies
This often attracts broke tenants you will have to soon evict.
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18 December 2024 | 3 replies
Often times, if title notices there is no obvious access, they will note that as an exception on Schedule B.
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19 December 2024 | 2 replies
They’re often motivated to sell before construction begins due to noise, traffic, or potential rezoning.