"
Lynda,
Good question! This can often times be a difficult and all too common challenge, because alot of things that arise may be circumstantial. Many times, it depends on what information is "bad". Are you…"
Lynda King's Discussions
How Bad Is Bad?
Started this discussion. Last reply by Tami Bettendorf Jan 18, 2011. 1 Reply 0 Likes
We all run credit and background checks on prospective tenants...at least I hope we do. I'm curious, how bad do these have to be so that you deny a prospect tenancy? Continue
Checking up on leased residential properties
Started this discussion. Last reply by Rachel Dec 6, 2010. 9 Replies 0 Likes
I'm curious, do you regularly enter your leased properties to check on condition? Do you regularly change the furnace filters (monthly) and the smoke alarm batteries (2x a year)?I have one property…Continue
Insurance Protection, Bond, etc.
Started Oct 29, 2010 0 Replies 0 Likes
As a property manager, do you have insurance protection to protect yourself / your company from liability lawsuits? If so, what type and how much coverage? What about bonding, are you bonded?Continue
Lynda King's Page
Latest Activity
Rachel replied to Lynda King's discussion Checking up on leased residential properties
"I include in the lease agreement that a quarterly inspection of the property is mandatory for the purpose of checking the condition of the home, water heater, A/C, etc, and non-negotiable. I stress to the tenant that this is to protect both them and…"
Lynda King posted a discussion
How Bad Is Bad?
We all run credit and background checks on prospective tenants...at least I hope we do. I'm curious, how bad do these have to be so that you deny a prospect tenancy? See More
Michael Hampen replied to Lynda King's discussion Checking up on leased residential properties
"So many property managers think that their duty is to manage the cash flow. This is only half the work that needs to be done. If you don't manage the property, i.e., regular inspections, scheduled maintenance, tenant relation, etc., then in…"
Karen McDaniel replied to Lynda King's discussion Checking up on leased residential properties
"THANK YOU JOHN!
If every PM did as John is doing there would be alot more happy property owners. I can tolerant certain things being overlooked in the managing of my property BUT one thing I can not is for a PM not having the time or setting a…"
Rick Rodriguez replied to Lynda King's discussion Checking up on leased residential properties
"I try to enter as many units as I can. Usually, it is a very informal "pop in" and I get a quick scan of the unit. I also make suggestions such as carpet cleaning. Most of the time I get little tenant interference."
John J. Mitchell replied to Lynda King's discussion Checking up on leased residential properties
"It's all about scheduling the time and then making it a part of your business routine. This aspect of PM cannot be seen as a nuisance or waste of time. In fact, it probably needs to be viewed as a priority as we 'manage' the property.…"
Danelle Dahlgren replied to Lynda King's discussion Checking up on leased residential properties
"In my opinion, it is extremely important to do inspections. We do quarterly inspections, to check smoke detectors, change air filters, and to inspect the overall condition of the apartments. We give atleast 48 hours notice, but try to give even more…"
John J. Mitchell replied to Lynda King's discussion Checking up on leased residential properties
"Lynda,
I understand. Cleaning up a home is sooooooo not needed, right! Either approach will work. As long as I get into the property I am able to eye-ball the condition and then make suggestions or recommendations that are based on observations and…"
Lynda King replied to Lisa Nolan's discussion craigs list scams
"Wow! I wish I had a suggestion for you. I will be interested to see what suggestions you get. Have you discussed this with your Board of Realtors?"
Lynda King replied to Lynda King's discussion Checking up on leased residential properties
"So are your inspections going to be scheduled with the tenant or just a pop-in? A pop-in could be under the premise of changing the furnace filters and/or smoke alarm batteries. Maybe it is better to schedule the "inspection", at least…"
John J. Mitchell replied to Lynda King's discussion Checking up on leased residential properties
"You know, This is an area of property management that I am going to pay a lot more attention to. I too have been 'burned' with two residential units within the most recent 6 months. I took over a property with a 10+ year renter and when…"
Lynda King posted a discussion
Checking up on leased residential properties
I'm curious, do you regularly enter your leased properties to check on condition? Do you regularly change the furnace filters (monthly) and the smoke alarm batteries (2x a year)?I have one property in particular that the owner was burnt badly by his previous property management company. When the tenant vacated it was found that the property had been allowed to get in pretty bad condition. Just making repairs alone cost $4,500...then another $1,200 for painting (repainting is always…See More
Lynda King replied to Steve Ballantyne's discussion Social Media and Property Managers
"No, I don't get inquiries over FB. I get either email or phone inquiries...mostly phone."
Lynda King posted a discussion
Insurance Protection, Bond, etc.
As a property manager, do you have insurance protection to protect yourself / your company from liability lawsuits? If so, what type and how much coverage? What about bonding, are you bonded?See More
Lynda King replied to Steve Ballantyne's discussion Social Media and Property Managers
"I get inquiries from the leasing ads I place in FB Marketplace."
Profile Information
- What do you do?
- Realtor & Property Manager
- Website Address
- http://www.sellingindy.com
- How many units do you own or manage?
- 4
- Tell us about yourself.
- I've been a full time Realtor for 27 years and a property manager off and on over the last 10 years.
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