All Forum Posts by: Adam Bartomeo

Screening tenants is all about having systems and criteria in place. This helps you to make a decision and form an opinion on whether the tenants risk factor. Based on the risk you can rent, deny, or find a way to make it work by asking for higher security or advanced rent. The criteria that we look at and prefer is 600+ credit, no felonies or repeat misdemeanors, no evictions, income equal to or higher than 2.5 times rent.

Never go with an agent! Hire a PMC to find the tenant. Agents know nothing about finding tenants.

I will not work with them in SWFL. I know several investors here locally that feel the same way. They hire very pushy people who don't know their *** from their elbow.

Any timeline that a contractor gives you has to have an added buffer of 25% - 75% of the total timeline - 4 weeks really means 5 - 7 weeks. There is always something that comes up that pushes the timeline out further and further.

We expect our contractors to work whatever hours they want as long as they accomplish the goal at or under budget and on or before the time they quoted.

Why would you ever forgive the balance? Put them in collections and get as much from them as you possibly can!

@Jay Hinrichs I was a corporate manager for years. When hiring I would walk them to their car just to see the condition of the interior and exterior. I saved a lot of time and headache...

@Mendy M. You may want to dig deeper... You can pay companies to remove negative reviews, and you can pay for advertising.

Offer multiple months of advanced rent. This takes some of the risk off of the landlord and places the risk on you.

I have never worked with R2R but I am working with about 15 investors who will never work with them again due to their lack of responsibility in reference to builder and property management selection.

I price checked them years ago and they WAY over inflated both sales and rental numbers... I'm talking about 25% - 40% over.