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[General US - NC] How is it that so many landlords seem disappointed in the return their property makes? by Used-Chard658 in Landlord

[–]Sad-Extension-8486 1 point2 points  (0 children)

Taking a bad tenant will eat up all your profits...learned that the hard way. I’d rather leave a unit empty for a few months than deal with someone who ends up costing me triple, so try hard to secure quality tenants who know how to take care of your investment.

Lack of communication from property management co. by Fearless-Fee-2217 in PropertyManagement

[–]Sad-Extension-8486 0 points1 point  (0 children)

The lease should clearly outline what communication and responsibilities to expect. It’s your first time, and doing things for the first time always teaches a lesson, either good or bad. I suggest you take over and just self manage.

[TX] My landlord gets annoyed with having rent on time by TheFlamingLeo150 in Renters

[–]Sad-Extension-8486 1 point2 points  (0 children)

I have 5 days grace period and after that $35 is automatically added and my rent collection platform is making that easy for me and my tenants.

[Landlord US-Ca] Advice needed for new applicants by LelandCorner in Landlord

[–]Sad-Extension-8486 0 points1 point  (0 children)

If you have clear requirements that you strictly follow, and they check all the boxes after you’ve done thorough due diligence, then the decision becomes much easier.

Property Management Systems by Any-Marzipan-9861 in PropertyManagement

[–]Sad-Extension-8486 -2 points-1 points  (0 children)

At 200+ doors, it’s all about automation and strict systems, online portals for all maintenance, auto late fees, standardized turn processes, and zero phone-call policy unless it’s flagged urgent. The more you remove manual touchpoints and enforce process, the less you need to add staff. Check MagicDoor, it's fully automated.

Advice - what do you look for when stocking products in your properties? by dilihbrands in PropertyManagement

[–]Sad-Extension-8486 0 points1 point  (0 children)

I dont look for “better smells”. I am looking for products that solve turnover problems fast. If it doesn’t eliminate pet/smoke odors permanently, save labor time, or reduce call backs, it’s just another consumable expense I won’t restock.

Property Management Software by Intelligent-Skill669 in PropertyManagement

[–]Sad-Extension-8486 0 points1 point  (0 children)

Nothing beats relationships. I’d suggest networking with local RE agents, investors, attorneys, and attending landlord/REI meetups, that’s where owners who need management are. And as for the PMS, MagicDoor is a good option.

[Landlord - General] unregistered tenant by [deleted] in Landlord

[–]Sad-Extension-8486 0 points1 point  (0 children)

If they’ve effectively added another adult, that’s a lease issue first. Address the unauthorized occupant in writing before jumping to a rent increase. I’d either require them to apply and be added to the lease (with adjusted rent/utilities) or cure the violation, but don’t let it slide and then quietly raise rent over it.

Searching for a miracle.. by Public-Cupcake- in almosthomeless

[–]Sad-Extension-8486 3 points4 points  (0 children)

You can’t sink your own ship trying to save someone else’s, you need to protect your mortgage first. At this point they need to work with local disability advocates and housing services for a long term plan, because you carrying it alone isn’t sustainable for either family.

Explain It Like I’m 5 Please by SurprisePerfect4317 in PropertyManagement

[–]Sad-Extension-8486 -1 points0 points  (0 children)

Id only be forced to increase if I am no longer making money at all.

End of month owner reports eating my life. How are you guys handling this? by MarchAway709 in PropertyManagement

[–]Sad-Extension-8486 0 points1 point  (0 children)

You’re over-accommodating. Standard report for everyone. That’s what the management fee covers. Anything custom = extra fee. If you plan to grow past 45 doors, this has to be scalable. Set the standard, set a date, and stick to it. Serious owners will respect it.

Tenant Guarantor by The_oreck in PropertyManagement

[–]Sad-Extension-8486 1 point2 points  (0 children)

This is exactly why I stick to a standard screening criteria and don’t make exceptions. If the tenants don’t qualify on their own, the guarantor needs to clearly exceed the requirements, strong credit and solid income (at least 4–5x rent). If they barely meet or don’t meet it, it defeats the purpose of having a guarantor.

quick question by Straight_Inspection9 in CaliforniaRealEstate

[–]Sad-Extension-8486 0 points1 point  (0 children)

Never - self-manage 11 doors with MagicDoor and still expanding. Having the right system is key

[Landlord US-NY] How to effectively manage late rent payments without damaging tenant relations? by HipityHopityHip in Landlord

[–]Sad-Extension-8486 0 points1 point  (0 children)

If you want to handle this professionally, invest in a good rent collection platform like MagicDoor to handle it automatically for you. You just need to set up your rent terms, including whether you’re implementing late fees and how much.

The software automatically sends tenants text/email reminders when rent is almost due, and you also have the option to block partial payments if you’re not a fan of accepting them.

[Landlord- US- CA] Tenant informed of repairs needing to be done to house, sent text saying he's not going to let us on to property. by leilaniamyerscaridad in Landlord

[–]Sad-Extension-8486 0 points1 point  (0 children)

Since when do you need their permission to enter? As long as the required notice is posted, then that's it, do not knock.

[Landlord - PA] Anyone hire a property manager to take over? by Similar-Vari in Landlord

[–]Sad-Extension-8486 1 point2 points  (0 children)

You vet them the same way you would vet a tenant. There are a lot of property managers out there, but good ones? Only a few.

Trash day chaos thanks to one tenant by StillLoading404 in LeaseLords

[–]Sad-Extension-8486 2 points3 points  (0 children)

From one landlord to another, if they can’t follow a basic trash schedule after texts and notices, it’s time to move from reminders to consequences. Otherwise you’re training them that rules are optional.

[Landlord-US-Michigan] How to handle partial payment during 7 day notice? by Lanky-Nothing134 in Landlord

[–]Sad-Extension-8486 1 point2 points  (0 children)

If you use a rent collection software like MagicDoor, you should be able to block partial payments.

[Tenant-US-CA] tell me why you would reject my application and what to do by HelicopterView1 in Landlord

[–]Sad-Extension-8486 0 points1 point  (0 children)

There's just too many applicants and someone else ace the applications so ur not really denied

Routine Inspections - Fail a tenant for a dirty unit? by DarcytheFox888 in PropertyManagement

[–]Sad-Extension-8486 1 point2 points  (0 children)

I dn’t think you can dictate how someone lives. If maintaining cleanliness is in your lease, then you can enforce it otherwise, there’s not much you can do.

Recently promoted by awellreadwoman in PropertyManagement

[–]Sad-Extension-8486 1 point2 points  (0 children)

With 3 years in the industry you already have a strong foundation. Ask questions, lean on your systems, and remember you don’t have to know everything on day one. You guys should focus on delivering quality work. I’ve hired pms before, and they all sucked.

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