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Emily Koelsch on Muck Rack

Emily Koelsch

Memphis
As seen in: Medium, Associated Press, Entrepreneur, BiggerPockets, The Daily Memphian, California News Times, National CIO Review, FloridaNewsTimes
Covers:  My focus is real estate, technology, and business
Freelance Writer | Blogger | Proud Memphian | Mom of 2 | Aspiring Real Estate Mogul

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Emily Koelsch’s Journalist Portfolio

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The Rise of Zombie Mortgages - Landlord and Property Management Articles

The Rise of Zombie Mortgages - Landlord and Property Management Articles

If you're like us, zombie mortgage is a new term to you or one that you hadn't heard before this spring. Zomb…

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Which Strategy Is Better for Investors: Landlord and Property Management Articles

Which Strategy Is Better for Investors: Landlord and Property Management Articles

Two major benefits of real estate investing are cash flow and appreciation. Ideally, investors have propertie…

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The 5 Best Real Estate Markets for Investors in 2024 Landlord and Property Management Articles

The 5 Best Real Estate Markets for Investors in 2024 Landlord and Property Management Articles

This article looks at some of the best markets for real estate investors in 2024. It considers a variety of f…

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How to Avoid Airbnb & VRBO Fees - Landlord and Property Management Articles

How to Avoid Airbnb & VRBO Fees - Landlord and Property Management Articles

Airbnb and VRBO are two of the most popular short-term rental platforms. Both have large audiences, with a go…

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The Complete Real Estate Investor's Guide to Mid-Term Rentals - Landlord and Property Management ...

The Complete Real Estate Investor's Guide to Mid-Term Rentals - Landlord and Property Management ...

Mid-term rentals have become increasingly popular with investments. To help real estate investors decide whet…

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Best Places in Florida to Buy Investment Properties in 2022 - Florida News Times

Best Places in Florida to Buy Investment Properties in 2022 - Florida News Times

Florida's real estate and rental markets were strong in 2021. With home prices soaring, demand low, and vacan…

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Articles

Scaling Residential Rental Portfolio

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By Emily Koelsch, Drew Sygit
| BiggerPockets Verified
I've been a long-term buy-and-hold investor who self-manages for about 11 years. We've scaled slowly - now up to 3 single-family homes and a duplex. We're getting a good cash flow and now have good property management systems in place. We're interested in trying to scale a bit more and considering multi-family properties or short-term rentals. Any suggestions when it comes to trying to scale in the current market (we're in the Memphis area) or branching out into new property types?
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Best way or how to properly do a background check?

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By Nathan Gesner, Patrick Roberts, Carlos Hennings, Emily Koelsch
| BiggerPockets Verified
Quote from @Michael Lynch: I recommend you include some of your key qualification criteria in the advertisement. For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets. Use the top three or four discriminators so applicants can screen themselves. Then you need to have clear screening criteria yourself. What's the lowest credit score you will allow?
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Tenant wants to use the security deposit for their last month's rent

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By Nicole He, Greg Scott, Emily Koelsch, JooYung Choi
| BiggerPockets Verified
Hello! I filed an eviction case against our month-to-month tenant because she did not pay the rent for April. She wants to use her unpaid April rent as her last month's rent and apply her security deposit to cover May's rent. She plans to move out tomorrow, April 30. However, the lease states that for month-to-month agreements, tenants must provide a 60-day notice. Despite this, she insists on moving out tomorrow.
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