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The RRD
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Do you know how to handle existing leases when the property changes ownership?
http://ow.ly/LlZ10
Let’s imagine that you scoped out the perfect property investment.  Maybe it’s a property that will increase in value after refurbishment.  Or you just know that the neighborhood is in high demand because of the local amenities and you believe this demand is going to rise.  In most cases, the new landlord has some ideas on what they want to do differently with the property in order for it to increase its value.  Something to keep in min...
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The most successful property management companies are now going all out digital.
http://ow.ly/L5Ubv
Observe below the image from Google Maps of property management companies in Los Angeles.  As you can see, there are multiple property management companies per square mile.  With such a significant amount of competition, there’s a lot that needs to happen to get leads and to expand your business.  It’s always possible to get your leads from online, but they are not the largest or the strongest leads you can obtain.      Your stron...
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Do you know the best method for handling tenant security deposits?
http://ow.ly/L5TcR
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"My vendor was a killer" the importance of qualifying your vendors.
http://ow.ly/L5ReH
The following is a personal story about my experience in working for a property management company and experiencing firsthand the negative results of not screening vendors before using them.  In the Spring of 2007, I was working as an admin for a Miami-based property management firm that was commencing renovations on a newly acquired Class-A commercial property in Las Colinas, Texas.  It was already a gorgeous property, yet vendors f...
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One in three tenants that skip on the lease early also significantly damaged the property before leaving.
http://ow.ly/L5qu4
We took a look at a sample from our tenant incident reporting system and analyzed the data to see what were the common behaviors exhibited by tenants that had a report made about them and what was the frequency of these occurrences.
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Things to keep in mind when reviewing a rental application.
http://ow.ly/JBKAt
There are many reasons for a landlord to reject a rental application.  This includes rental, credit, employment, criminality, and other miscellaneous criteria pertaining to your property.  Any one of the following can provide just cause to reject an applicant for rent. Rental History * Bad landlord references: If a previous landlord provides you with information about the tenant that was hazardous to the previous prope...
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Have them in circles
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The RRD

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Why is it that the three credit bureaus differ so much in their scores?
http://ow.ly/L5UH7
When a credit report is pulled on an individual, it is coming from one of three companies called Equifax, Transunion, or Experian.  A company may pull credit from one or all three bureaus based on their needs.  Because these are separate companies, there is high probability that there will be variability between them.  Your credit report can be different between these companies for all of the following reasons: * Each of the b...
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Tenant screening companies all look alike, but are they?
http://ow.ly/LgtuC
What should you look for in a tenant screening company? Good Customer Service A good tenant screening company will be willing and able to talk to you on the phone about your report.  While the company cannot make a leasing decision or any other adverse action on your behalf, they should be able to explain what a particular item on a report means.  It’s easy to misread or be confused by something on a report.  The report isn’t very u...
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It's good to supplement landlord references with other forms of verification.
http://ow.ly/L5Sli
Common Issues with Landlord References  Some Landlords seem determined to stay in the stone age of verifying a resident’s identity.  The old practice is calling up the previous landlord and asking what the tenant was like during their stay.  This can be especially problematic in terms of inaccuracies and in some cases, blatant false information.  Some of the problems in calling previous landlords to verify information are…         ...
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The tenant signs the lease and then vanishes. Now what?
http://ow.ly/L9eit
The prospective tenant passed your background check, they were very welcoming in the showing, and really everything looked great when you signed the lease.  But then when move-in day comes, nothing happens.  The tenant is nowhere to be found.  Plans can change on a dime.  Below are suggestions on handling and preventing cases like these.    Procedure: If you have already signed a lease with a tenant, it is a binding contract and y...
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Is it better to hire property management or to simply do it yourself?
http://ow.ly/L2pGh
In property management, handling your personal affairs and managing your properties simultaneously will be a major concern. So you’re investing in some real estate and you want to manage it in the easiest and most cost effective way possible.  There are pros and cons to both that are worth exploring.  Everyone’s situation is different.  Ask yourself the following questions when deciding whether or not to self-manage. Does propert...
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Receive $5 referral fees for every resident that uses renters insurance through The RRD. http://ow.ly/JBJTs
Save big money on your renters insurance through the Rent Rite Directory.  We’ll help to define renters insurance so that you know exactly what you’re getting.    Fire, and other natural disasters: Even if you didn’t cause the fire, if the neighbor who is responsible for the damage doesn’t have insurance himself, you might have difficulty getting compensation.  Renters insurance protects against this. Theft: If you loose something...
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Contact Information
Map of the business location
4514 Travis St #213 Dallas, TX 75205
4514 Travis Street #213USTexasDallas75205
(214) 520-7577therrd.com
Media Company, Home Insurance Agency
Media Company
Home Insurance Agency
Employment Center
Renter's Insurance Agency
The Rent Rite Directory (The RRD) offers a FREE Incident Reporting Database that tracks lease violations for property owners and managers as well as a variety of Tenant Screening Services for a low competitive fee!
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Have them in circles
94 people
Nickie Rucker's profile photo
Redstones Wolverhampton's profile photo
Ronda Ramlal's profile photo
Home Locators Property Management's profile photo
CURSED angel's profile photo
Ivan Antunovic's profile photo
Gil Davis's profile photo
Rental Express Property Management's profile photo
Kiwistuff & Moa Outdoor Clothing's profile photo
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