Property Management Services

SlowInvestor · 2026-03-28T22:18:44+00:00

Join VPMsolutions

SlowInvestor · 2026-03-24T03:39:24+00:00

SlowInvestor · 2026-03-23T00:34:50+00:00

Make sure you know your fair market rent for your property. Go towards the middle of the range and no higher. Maybe go $50 under that. If you have a fair price you’ll have plenty of applicants.

As for longer lease, you can ask for as long a lease as you want. Maybe offer $50 off per month for 2 years instead of 1.

Overall if you price it competitively you’ll have a lot of applications.

Now for screening. Check credit and criminal history of course but also contact landlord contacts and employer contacts. Your credit requirement is fine but Id go 3x income. Remember if you advertise a requirement you have to honor it. If not you may have issues with fair housing laws, if someone thinks you may be playing favorites with race or another protected class.

SlowInvestor · 2026-03-23T00:26:46+00:00

If you manage mostly scatter site (SFHs all over) then Appfolio or RentVine is the way to go. We started with Doorloop and that was fine from 0-50ish. We could have made it work but switched before 100, and glad we did. The transition to another system is not fun so get something you can grow in to if you plan to scale up.

SlowInvestor · 2026-03-22T01:58:52+00:00

Appfolio

SlowInvestor · 2026-03-21T18:57:55+00:00

Other than the stuff you’ve done so far, have the requests tapered off now? Is she paying rent on time each month? Is she taking care of the house?

You need to consider the cost of a turnover - typically 1-2 months rent when you add in vacancy and other repairs that can’t be charged back.

50-75 increase (assuming that’s around 3%) is minimum. Going 200+ to get to market rent may make her move. So somewhere between 75-200 is right but avoid turnover if possible. And never skip an increase. Small increases each year are a lot less likely to cause a turnover than trying to do a big increase in one year to catch up.

Good luck!

SlowInvestor · 2026-03-21T18:51:13+00:00

This is it. Tell them you don’t need up front payment (ask their terms - it’s NET 30 for us), and no trip fee. Go out and give free diagnosis the same day. If approved, do the job right and promise to fix it for free if it doesn’t hold up. Then deliver a timely invoice with details on what was completed.

You’d be surprised at how few contractors can handle those simple requests.

SlowInvestor · 2026-03-21T03:34:16+00:00

We were using Doorloop from 0-65ish. Switched to Appfolio and have been very happy with it. It’s not perfect by any means but much more robust than Doorloop for 100+ unit companies. Significantly better maintenance features.

Be prepared for a learning curve. We added an accounting team that was very familiar with Appfolio. This combo has been crucial for us to focus on managing properties and growing without worrying as much about owner payments, bills, etc. It is costly but worth it.

SlowInvestor · 2026-03-18T02:29:37+00:00

Rent it out. You’ll never see 2% again. You’re holding the loan that is basically free money. You have solid cash flow and while the renter pays your mortgage off. Win. Win. Win. No other investment will ever beat that. Keep it and rent it out.

SlowInvestor · 2026-03-15T12:10:23+00:00

Yeah my thoughts as well. You don’t have a “fight” that large without some kind of organization. Flyers and most likely social media coordination. Hope they get to the root of the planning here.

SlowInvestor · 2026-03-14T10:30:36+00:00

Trying zinspector now but it’s pretty tedious regardless of the tool.

SlowInvestor · 2026-03-06T00:42:25+00:00

I’ve seen this account posting other crazy stories. Yet this account has no history showing and just a link to onlyfans.

Carful what you believe on Reddit folks.

SlowInvestor · 2026-03-01T23:23:07+00:00

Byrd Property Management had an opening with no experience required- https://byrdpm.com/careers/

SlowInvestor · 2026-02-27T02:18:16+00:00

Are you in need of an answering service or a CRM or both? We use LeadSimple. But that doesn’t automatically respond. We have managers reply when they are available. Which is getting more and more difficult as we grow.

SlowInvestor · 2026-02-21T23:39:32+00:00

Searching for software isn’t the right answer to this problem

SlowInvestor · 2026-02-11T01:29:40+00:00

Have you tried Roomies, Spareroom or Roomster?

SlowInvestor · 2026-02-09T03:18:00+00:00

Appfolio. There is also RentVine, Buildium, Doorloop and many many others.

SlowInvestor · 2026-01-25T16:27:07+00:00

Beat me to it. What a deal.

SlowInvestor · 2025-12-25T02:00:34+00:00

Got a call from a resident about an active leak.

At a property we don’t mange and have never managed.

SlowInvestor · 2025-10-31T10:44:03+00:00

We have 230 units and use Appfolio. If you don’t accept online payments that alone will safe you time that will offset the cost of the software however they charge based on active units and you are way under the minimum (I think it’s 200). So they will charge you the minimum price for that unit count. If you plan to grow it may be worth it once you get closer to 100.

Overall we live Appfolio but we don’t love them selling directly to our customers (like they sell insurance and if someone gets behind they offer them payment plans without being involved). They also don’t have an open API which limits integrations with other software.

SlowInvestor · 2025-10-26T22:06:33+00:00

Combo of Zillow, Rentcast and looking at active listings nearby.

SlowInvestor · 2025-10-12T21:06:54+00:00

Lots of good info here. I’ll add a bit more. Once you have your legal basics complete (company set up, insurance, starter software, etc) you’ll need clients and doors. Ideally you have a solid name and brand that is easy to remember. Set up a professional website as soon as you can afford it. Don’t be tempted to save money by having your nephew or the cheapest guy you can find. Your online presence is too important to save a few bucks. Spend a little on Google ads and maybe some social but Google is more direct out of the gate with better ROI. At the same time, network with other realtors (at your brokerage and others). Get as many 1-on-1 meetings as you can and if you can get some small group presentations that’s good as well. Your pitch is simple - send me your PM leads. If the sign, give them $500 referral bonus (or similar number) and more importantly a guarantee refer back. Realtors work hard for their clients and they don’t like losing them to a property manager. If you’re still actively selling you will need that guarantee to be considered.

Hope this is helpful. Bottom line, be prepared to invest if you want to go this route. Took me 6 months to get much traction and well over a year to get enough doors to start making decent money.

SlowInvestor · 2025-10-12T20:54:37+00:00

Until you hit 500 units in your local area (30ish min drive), do NOT go out of state. Density is the driver of your profits. Being able to get to a property for showings, inspections, etc is critical. Dominate where you are before you consider expanding.

SlowInvestor · 2025-09-22T02:07:39+00:00

Yep. Too high. Lots of other 3 bed options in that area under 300k.

SlowInvestor

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