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Landlording on autopilot a simple, no-brainer system for higher profits, less work, and more fun by Mike Butler (z-lib.org).pdf

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Landlording on autopilot a simple, no-brainer system for higher profits, less work and more fun (do it all from your smartphone or tablet) by Butler, Mike (z-lib.org).epub

• When tenant ask for upgrade
  • You pay for material
  • They pay for install
  • Mention that it's their home and property
  • Extend lease
• Call myself property manager
  • Tenants
  • Inspectors
• Showings
  • Have double lock key for easy access if renter calls
    • Income 3 times the montly rent
    • Favorable rental history
    • Favorable credit history
    • Name, number, email
    • Photo of ID
    • Selfie with rental in the background
• Applications
  • Deposit to hold property. If not approved, returned in 30 days. 85$ processing fee to return early. Otherwise applied to tenancy
  • 24 hour to respond rule
• Fudgers
  • Full year rent in advance
  • Cosigner
• Current address
  • Property tax site to find owner
  • If LLC
    • Got to state's secretary of state website and do a business records search
  • Calling up references
    • All call recording turned on
    • Call
      • Start with person's first name
      • Ask if they have a house for rent at (current address)
  • Employment
    • Pay stubs to verify
    • Minimum of 2 most recent bank statements for checking
    • Cosigner must be in town
  • Applicant from out of town
    • Current address google maps
  • Pets
    • What kind of pets do you have
  • Ask if they've broken lease, legally allowed to turn down application
  • How many evictions have been filed on you
  • Do you own real estate?
  • Emergency contact including not payment of rent?
  • How did you find this home
  • Requested move in date - 3/4/5 month down the road
• Extended leases
  • March 31st is best day to end lease
  • Free rent after 36 consecutive months with no late payments and no rental agreement violations with new 3 year lease
  • Long term, below market rent
• Bi weekly payment plan
  • Extra month of rent each year
• Acceptance
  • Go over lease line by line
  • Congradulate on approval
  • Utility transfer log information
  • Lead based paint pamphlet
  • Banned dogs
    • Pit bulls
    • Rottweilers
    • German shepherd
    • Husky
    • Doberman pinscher
    • Chow
    • Great dane
    • St. bernard
    • Akita
    • Wolf hybrids
  • Banned dogs require a rental insurance policy
  • 25 per month + 100$ fee
• Property
  • Good toilets save more money in the long run
  • Moen kitchen faucets easier to replace
• Bathrooms
  • Replace medicine cabinet with 17$ mirror from home depot
  • Add 3 or 4 light bar about mirror
  • No garbage Disposal
• 100% digital
  • 85$ late charge for missed appointments
• Price List for move out

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