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All Forum Posts by: Dan Elam

Dan Elam has started 7 posts and replied 13 times.

Post: Landlord to Owner Contract

Dan ElamPosted
  • Professional
  • Murfreesboro, TN
  • Posts 13
  • Votes 0

Nathan, thank you for your response. We are starting a property mgmt. division of my Real Estate Company. While we currently have property mgmt. agreement, I don't feel it maybe adequate. I appreciate your reply. 

Post: Landlord to Owner Contract

Dan ElamPosted
  • Professional
  • Murfreesboro, TN
  • Posts 13
  • Votes 0

Suggestions on what to include in your landlord to Owner Mgmt Contracts ?

Open to sharing ?

Post: Commercial Real Estate " Marketing Software "

Dan ElamPosted
  • Professional
  • Murfreesboro, TN
  • Posts 13
  • Votes 0

Thank you - Unfortunately, our board does not include or offer. I dont need it much - but I am in need of something soon for one property. Thank you for your comment :)

Post: Commercial Real Estate " Marketing Software "

Dan ElamPosted
  • Professional
  • Murfreesboro, TN
  • Posts 13
  • Votes 0

Can anyone point me in the direction of a simple to use / create digital commercial property software ? Something that allows me to show the numbers that most investors / buyers would be interested to see ?  THANK YOU :) 

Post: Application Fees ( How much and Who)?

Dan ElamPosted
  • Professional
  • Murfreesboro, TN
  • Posts 13
  • Votes 0

Jason, thanks. A follow up question. 
i have multiple applications from people who have never toured the units, and they tell me  “ we have driven by and viewed the online pictures and we are good with them”.  Have you ever rented to someone without walking through the unit with them ( or someone on your team walking through with them ) ?

If if lastly, my comment re Zillow Rentals regarding being integrated, meaning they ( Zillow ) takes application, does all back ground, credit , employment ( the prospective tenant can take pics of their paycheck stubs and upload for you to view )

If you choose them, you can upload your lease or use their lease. I haven’t researched a lot a lot but I did use a couple of the credit application areas and it is very smooth. 

Post: Application Fees ( How much and Who)?

Dan ElamPosted
  • Professional
  • Murfreesboro, TN
  • Posts 13
  • Votes 0

@Jason Albasha

Thank you for your info. I’m referring to the fact I get many “ Applications “ - I have been reviewing them all and picking the one(s) I’m most interested in and THEN charging the $ to pull credit and such - is seems that is what y’all are doing too VS charging all 15 or 20 people who submit applications ??

Have you used Zillow Rentals at all ?

They have a fully integrated application/background credit system where they charge the consumer $29 pull reports and submit over to us - just curious if you have use that in your thoughts?

Post: Application Fees ( How much and Who)?

Dan ElamPosted
  • Professional
  • Murfreesboro, TN
  • Posts 13
  • Votes 0

@John Warren

Thank you - What you are doing is what I have been doing BUT I was not even charging for the credit checks. Do you use Zillow Rentals ? ( For the credit checks etc ) Any additional thoughts, comments are appreciated.

Thank you.

Post: Application Fees ( How much and Who)?

Dan ElamPosted
  • Professional
  • Murfreesboro, TN
  • Posts 13
  • Votes 0

Can anyone provide any advice on:

1) What is reasonable application Fee to Charge ?

2) WHO do you charge ? IE: I get 20 applications for a property - Do I go through and pick and choose who to charge app fee to ?

I greatly appreciate your advice :)

Post: Rental Applications ( Fees )

Dan ElamPosted
  • Professional
  • Murfreesboro, TN
  • Posts 13
  • Votes 0

What is generally acceptable to charge a prospective tenant for a rental application? Do you charge all applicants a fee or only the applicants that by reviewing the application you decide to do a more in-depth research ( Credit, Employment etc )?

I’m newer to management of multiple properties and I get many applications and not sure reasonable charge and whom to charge application fee to ?

Thank YOU for taking the time to read this and to the ones who offer advice :)

#Blessings 

Post: Tentant initial walk-through checklist

Dan ElamPosted
  • Professional
  • Murfreesboro, TN
  • Posts 13
  • Votes 0

Hello - Would anyone be willing to share they’re great initial tenet walk-through checklist?  Thank you :)

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