I work for a Property Management company and have done it for years so I am not a rookie. Running my own properties is something new for me. I have a few questions and wondering how you are are handling these situations. 1. Any ideas on where to get a Baltimore City Lease agreement? Going through an attorney can be extremely expensive and would be curious if anyone has another source? 2. Is there a good software that you would suggest to allow applicants to go and apply for an apartment? I am using Stessa right now, but this seems more accounting oriented and their forms are very generic and not specific to an area. If someone applies, how would you suggest that we run credit and criminal background checks on them so I can see if they are someone I would like to run credit on? Thanks for your input and appreciate any guidance from the group.
Great job switching over or at lease getting started. Your Realtor association should be able to provide you with a Realtor approved lease. These are a good start since they had their layers write them and its free. When I was self managing I would have paper applications and I had an online company run the credit and background. In todays world there are much better options for the application process but there are LOTS of background/credit check companies on the internet that provide different services and have different pricing.
1) not sure if Baltimore or Maryland require a specific lease to be used.
If not, Google for a few and copy & paste to create your own.
Reason - most Realtor leases are pretty "vanilla" and don't cover enough!
2) Challenge is investors want everything for free, but you get what you pay for. Research these: Doorloop, Hemlane, Innago, RentRedi, Stessa, Avail, Apartments.com, TenantCloud, TurboTenant, Buildium