My requirements are a 600-minimum credit score, income three times the rent, and no prior evictions or felonies. Once they apply, I check their current employment and complete a tenant review with all landlords from the past five years.
Ahas quoted5 months ago
If you find someone to clean for you and you simply tell them where and when to show up, you are setting yourself up for failure. Here are just a few issues that are bound to come up: What needs cleaned? What are your standards for cleaning? How can you tell if a cleaning is satisfactory or not? Is there a difference between a turnover clean and a deep clean? How are they getting paid? Are they supposed to report damage? Are they bringing their own supplies, or are you providing them? Are they taking the garbage out or leaving it in the can?
Ahas quoted5 months ago
Are they taking the garbage out or leaving it in the can? Do they change lightbulbs and filters? How long do they have to clean the place before the next guest checks in? How do they get access to the unit?
Clearly, you need an SOP
Ahas quoted5 months ago
When you run into a situation where a contractor or employee is not meeting their obligations, you can clearly point back to exact items in your SOP
Ahas quoted5 months ago
It is a lot easier to get an employee back on track via constructive feedback by reviewing the exact deliverables and timelines outlined in your SOP than using a gut check to see if they are doing their job adequately
Ahas quoted5 months ago
in reality, spending time to create a great SOP to manage your cleaner and the cleaning process will give you a huge return on your money and quality in your business
Ahas quoted5 months ago
Real estate is not a hobby
Ahas quoted5 months ago
We don’t say, “Act like a business owner” to be cheesy or cute. Real
Ahas quoted5 months ago
cute. Real estate is not a hobby. It is not something you do for fun or to relax
Ahas quoted5 months ago
challenge you if you are reading this to stop thinking of real estate as only a side hustle