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PHOENIX PROPERTY MANAGEMENT PAY OR PACK SUCCESS STORY

By
Real Estate Agent with WEDO Real Estate and Beyond, LLC SA535849000

PHOENIX PROPERTY MANAGEMENT PAY OR PACK SUCCESS STORY

phoenix property managementIt was just a normal day in Phoenix Property Management. I received a phone call from owner who lives out of state. She asked me several questions regarding Phoenix Property Management. She informed me that she was too nice and her tenants were taking advantage of her. She asked me the following question “Are you able to collect rent?” I informed her that my tenants have two options below

  1. PAY
  2. PACK

She very much agreed with me. So, she hired us to be her property manager.

The tenant owed for March rent. Tenant informed me he was going to be late on the rent. Well, I still sent out the necessary 5-DAY notice informing the tenant what he owed via certified mail proving that I sent the information. It is policy in our office to send 5-DAY notices to ALL tenants who have not paid rent by the 5th of each month. It works out very well for us.

It is now the third week of the month and no rent payment. I informed the owner. I persuaded her to file the eviction papers to motivate the tenant that we mean business. We can always cancel the eviction if tenant pays all rent, late fees and court fees with cashier check payable to REAL ESTATE AND BEYOND LLC. The eviction was filed with the courts.

The tenant called me to discuss the situation. I informed the tenant that the owner will need March rent, April rent, all late fees and court fees paid in full before we cancel the court date. The tenant paid in full by 5PM that day. So, I will be calling the lawyers office to cancel the eviction. Finally, we have another

PHOENIX PROPERTY MANAGEMENT PAY OR PACK SUCCESS STORY

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James Dray
Fathom Realty - Bentonville, AR

Good morning Harry.  Well now that is the way to conduct business.  I'm sure you'll have her business for a long time

Apr 01, 2017 03:09 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Harry, that is a good way to put your services - pay or pack!   Congratulations on securing another landlord.

Apr 01, 2017 05:26 AM
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

James Dray that is the game plan

Apr 01, 2017 06:47 AM
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Joan Cox it is either pay or pack when it comes to rental properties

Apr 01, 2017 06:47 AM
Roy Kelley
Retired - Gaithersburg, MD

Thank, Harry, for sharing this story. Collections can be one of the challenges of the business.

Apr 02, 2017 09:25 AM
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Roy Kelley here to serve all

Apr 02, 2017 04:57 PM