Property Manager 101 - Resource Tools - Legal Advice Video Part 5

How to Start Profitable Property Management Company Property Manager 101 - Resource Tools
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Transcript

Hi I'm evany Caldwell with Rei investments society and I am going to discuss property management one on one resource two. This is video number five our final video about legal advice. So before I give you legal advice Let me explain with a huge disclaimer. I am not an attorney and I'm not going to give you legal advice but what I am going to do is point you in the correct direction for legal advice regarding to your property your landlord and the state that your property is in. So landlord calm is extremely useful website it provides you information advice and laws regarding to the tenants and your state. The website cores the information center with lots of necessary information with sections such as landlord laws, tools, calculators, eat forums, a discussion boards and the tip of the week.

So let's take a look at landlord calm. There's a do it yourself section. That's says hey, if you're a landlord, this is everything that you go you know the issues that you can come across your property management. These are things that you know, you may have issues with, but don't worry, we have useful tools for then you have evicting your tenant. There you go, how do I evict the tenant? Here's all of the different ways to collect rent the house rules landlord letters.

To many occupants, occupants. We've already talked about their reasons to evict. So that is something that is extremely important. Then there's a library and a library you have so many different books that you can actually utilize and purchase online if necessary. In addition to the library, there is the professional advice act, Ask an Expert. Then you have rental and property management software companies.

In addition to that, if you go there repair and maintenance. Here's different companies that are vendors that these are companies that you can use the service Master, handyman, handyman connections. So these are different tools and resourceful vendors that they are actually working in conjunction with, which can actually help you out. security deposit. Well, it tells you all about security deposit for your state. So all you have to do is go click on here, security deposit, basically state requirement.

I'm in Illinois, you go down, you see exactly what it is. This question was right here for none. Is there a maximum security deposit? No, there is no maximum security deposit, I will say as to month's rent. So, again, this website is an extremely useful resource for to Software Center. When you go to the Software Center, you will see some of the companies We actually talked about landlord calm at folio.

We didn't talk about our rental meter and rental magic, but it tells you online payment management service billion 999 a month the property manager which is a real estate solutions simplify and we talked about that where rentec direct we talked about that housemates companion. So again, here's so many different companies that you can actually utilize for software outside of the resourceful handout that I have for you. Like I said, just email me for but again other companies where you can get legal documentation from outside of landlord Comm. Law depot realty time standard legal, Legal Zoom investment instruments court, blue Mon and of course landlord calm. So here you go tenant screening. You go to tenant screening, you see Tenant Screening forms, applications to run.

There's questions and answers, how credit reports ports, we're vacancy center landlord resource resources. And again, anything that you need to know about is on this site as far as additional useful tools that you can use. So I wish you well on being a property manager and growing your company. I've evany Caldwell with our investment society. And you have learned about today legal advice, education, software management, in addition to credit. So for this particular handout, please don't hesitate to email me or follow me and I will definitely make it a priority to see this.

That way you can have this direct handle a handout as a PDF on your computer can be really easy for you to go to, to basically read falling out Everything that I did but choose the right software for you choose the right vendor for credit for you. Choose the right. Just learn property management properly. This resourceful guide is going to be a lifesaver for your business. If you have any questions don't hesitate to email again or follow me. I'm evany Caldwell with Rei investment society.

And congratulations and on completing this course and good luck on your new company or growing your company.

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