Here's how you can automate rental application screening and save your team hours of manual work. When someone submits a rental application, you can send their information through an automation workflow that checks it against your screening criteria and puts together a report for your leasing tea...
I used to treat response time as a nice-to-have. Then I actually tracked it, and the slow replies were quietly costing me — more escalations, more turnover, more "why didn't anyone get back to me" during renewals. Three changes that moved the needle for me: 1. Instant acknowledgment. Every tenant...
Something that doesn't get talked about enough on the landlord side: every handyman, cleaner, and contractor who steps onto your property is a liability question. If someone gets hurt and their insurance lapsed, guess whose property they were on. I work with property managers and landlords on the...
Two tax seasons of receipt archaeology later, I landed on a system that actually stuck: 1. Every rental dollar gets categorized the month it's spent — I use the Schedule E categories as my chart of accounts (advertising, cleaning, insurance, repairs, etc.), so the year-end summary maps straight t...
Hey everyone! I am new here and looking to buy out of state and wanted to see if anyone had any advice as to how to manage your property independently, even out of state. I know it’s typically unconventional but I am not looking to build a huge portfolio, but keep a low overhead on what I do end ...
I manage rentals across the south and southwest Chicago suburbs, and the markets that keep producing steady cash flow are the ones a lot of out of state investors skip. A few I would point newer investors to: Matteson: single family and small multifamily at accessible entry prices with steady ren...
I’m considering moving my portfolio to a property management company, and I’d love to hear from owners who’ve been through this and can share their experience. For those of you using a PM: -What are your biggest frustrations or challenges? -How do you deal with them in practice? -What systems or ...
Curious how many investors here with properties in Greater Cleveland or Akron are still self-managing versus using a property management company? I work in property management here locally, and I talk with owners every day about leasing, tenant issues, maintenance, and all the day-to-day headache...
I’m looking for recommendations from other real-estate investors for a real-estate-focused bookkeeper or accountant. I live in California but own a rental portfolio in Missouri, with a mix of long-term, mid-term and short-term rentals. I do my own bookkeeping and transitioned to REI Hub in Januar...
For investors building a rental portfolio, what usually makes DSCR financing attractive for a particular property? Is it the property's income, the overall portfolio strategy, qualification considerations, or something else? What makes you consider DSCR over other financing options?
I manage rentals across the west and southwest Chicago suburbs, and DuPage County is one of the areas a lot of out of state investors overlook when they are chasing yield. A few places I would point newer investors toward: Naperville and Wheaton: strong schools and steady professional tenant dema...
Hi team. I'm looking for a good PM in the Cincinnati, OH area with good referrals, good communication skills, and clear accounting systems. Any good or bad suggestions? Thank you.
I'm self managing 5 rental properties and one of my most time-consuming task is handling comminications between tenants. I have a 9-5 so I'm always juggling from scheduling repairs, or going back and forth with tenants. I'm curios if you guys having the same expeience and if you u are using a som...
Hi everyone, I got a property manager to run my LTR for the past 1.5 years due to things happening in my personal life. Now that things are settled, I am planning to transition back to self-management. Nothing against the property manager. Not bad but not notably amazing. For those of you who hav...
Wondering if there are product recommendations to monitor multiple properties for heating and cooling failures? I see there are multiple products that monitor temperature and humidity and as well as alert, have a different price point as well as subscription options etc. Appreciate recommendation...
Hello, I’m out of state and wanted to check if anyone has used or heard of AAA Sahbudak in Orange Park, FL to manage their rentals. I‘m being approached but can’t find much information online and wanted to do my due diligence. Thanks
Hello, I rented a single family home to a family with two toddlers, and within 2 months of living in this home (new construction new home) they called and said there was dampness around washing machine. I sent the plumber out and he said there was nothing wrong with the machine (it is a brand new...
I own 27 rental units across the U.S. and Canada. Cash flow gets most of the attention, but I also want to know how much debt I’ve paid down and how my equity has changed. I am horrible at keeping track of receipts and I have two year ends. One in Canada one in the US. Which sucks because year en...
Happy Thursday everyone. Three more observations from the self-managing side of rental property. Three Landlord Tips 1. Look beyond the repair bill. A $1,500 repair may look better than a $6,000 replacement, but the lowest price today isn’t always the lowest cost over time. Age, repair history, e...
When I review rental performance, I want to know how much of the shortfall keeps coming from the same addresses. A portfolio can collect 95% of rent and still have a handful of properties consistently consuming reserves, staff time, and the cash flow generated elsewhere. That distinction matters ...
I recently hired a property manager for my Houston rental property. A contractor disabled the HVAC system for an inspection and did not turn it back on. I only noticed because my electricity usage dropped significantly. I alerted the PM and they sent someone out and now I owe them $200 for the vi...