Landlords: 15 items to discuss with your property manager
August 1, 2010
Checklist to cover for new property managers:
• Preparing the unit
• Advertising
• Answering the phone
• Showing the unit and greeting prospects
• Following up
• Checking rental applications
• Moving in
• Handling complaints
• Handling repairs
• Late payments
• Bad checks
• Tenant rules violations
• Termination of tenancies
• Move out
• Eviction
About the Author: Bob Cain
Some 30 years ago Bob Cain went to a no-money-down seminar and got the notion that owning rental property would be just the best idea there is for making money. He bought some. Trouble was, what he learned at the seminar didn’t tell him how to make money on his rental property. He went looking for help in the form of a magazine or newsletter about the business. He couldn't find any.
Always ready to jump at a great idea, he decided he could put his speaking and writing skills to work and perform a valuable service for other investors who needed more information about property management. So Bob ferreted out the secrets, tricks and techniques of property management wherever he found them; then he passed them along to other landlords.
For over 25 years now, Bob has been publishing information, giving speeches, putting on seminars and workshops, and consulting for landlords on how to buy, rent and manage property more effectively.
3 Comment on “Landlords: 15 items to discuss with your property manager”
Things Landlords Should Discuss with Their Property Managers | MRS Management
February 2, 2015 at 7:50 pm
[…] a property manager can make your job as a landlord a lot easier, as long as you start the relationship with your property manager off right. […]
Irfant
August 24, 2015 at 3:07 pm
It may be easier to find a place to rent in small towns than in large ciites. Where I live, the newspaper always has houses for rent some owned by individuals who are willing to work with people.With money in hand for a deposit and rent for the first month, most are willing to rent their property. You would need to put up utility deposits also but if you have had a home, you should be able to transfer the deposit from that location to the new one. When I am doing errands, I see For Rent signs and that may be the way to find a place rather than going through a Realtor.
Amk
August 24, 2015 at 11:43 am
There are two types of landlords the big oragnizations that run Apartment complexes those are the ones that will scrutinize your credit.And of course the private, little guy that only ownes a couple of rentals or may even try to save their own home by renting it out.In the first case you will not have much luck. They do it by the book and your credit will disqualify you.The second group on the other hand is way more flexible and often does not have the resources and time to deal with credit checks, etc.Show the second group that you have the money to pay the rent and bring along a decent amount for the security deposit and you should be good to go.Look in the Classified section of your local newspapers for the smaller 3 line ads and go rental hunting.You are not excluded from renting a place just need more time to find the right landlord.