AI Added to Tenant Screening
Beginning today, Full Service Property Management (FSPM) has added Artificial Intenlligence (AI) to our tenant screening process. Now when we pull credit/criminal report the scoring algorithm will assess the prospect’s willingness and ability to pay. There is no additional cost to the tenant or the owner for this service. As always, FSPM relies most heavily…
Read MoreNavigating your mental health through COVID-19
A worldwide pandemic sure catches your attention! Everything is new, strange. Even the vernacular is weird — social distancing, pandemic, shelter in place. People hoarding toilet paper. Toilet paper? That’s going to protect you from a virus? Panic in the streets. Here’s the best image I can come up with: Actually, the thing to do…
Read MoreCoronavirus
Effect on The Rental Housing Industry The most pressing issue of the day is the novel coronavirus outbreak, and the Seattle metropolitan area has become ground zero for it in the United States. Besides the obvious human toll, the impact on rental housing is indeterminable because a threat of this magnitude is unprecedented. So, as…
Read MoreWhy AI for tenant screening is a bad idea!
The vendor to our management software just announced that they are introducing enhanced AI (artificial intelligence) in the screening of tenant applications. At Full Service Property Managmenet we are fired up at that announcement, but not for the reason you think. As more companies adopt this method of tenant screening it will continue to separate…
Read MoreCheck out the Learning Center
If you own rental property and have not checked out our Learning Center then you are missing out! Full of lots of informative videos, you can learn sooo much…for free! Each video is 2-4 minutes long, yet full of in-depth knowledge from our founder and CEO, Peter Nelson. Peter has been managing rental property for…
Read MoreYour job creates a living; rental real estate create a lifestyle
The beauty of rental real estate is it is passive. Or mostly passive. Particularly if you have a property manager taking care of it for you. It sits there quietly appreciating (most of the time). Like any investment it does not go up all of the time. There are dips and swings. But over time…
Read MoreFall Maintenance Checklist for Tenants
With winter just around the corner, now is the time to get out and take care of those items that will insure you have a warm and safe winter. Here are a list of things tenants can do to make sure their home is ready for the coming winter. Drain water lines to sprinklers…
Read MoreA New Age in Property Management
At Full Service Property Management we like to pride ourselves on forward thinking. We are not satisfied with the status quo — collecting rent and repairing broken appliances. We are constantly pushing ourselves and the envelope in search of new and innovative solutions to residential property management. The Problem Property management as an industry is…
Read MorePreferred Vendors
We are pleased to be associated with the following vendors: Pest Control: Eco Elite Pest Control is a quality pest control company that is easy to work with. Septic Pump: In Snohomish County we ask A Wesco Septic to take care of all our septic needs. Roofing: For roofing we have found Bergin Roofing to…
Read MoreReal Estate — the great Wealth Builder (ROI)
by Peter Nelson 3/27/2018 How to calculate the astronomical return on investment (ROI) from rental real estate! How Rental Real Estate build wealth It was 1989 and I was laying in bed thinking about the real estate I owned. Real estate in Bend, OR back then was appreciating at the rate…
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