RTS OWNER QUIZ SURVEY
Step
1
of
15
6%
What is your strategy/ goal?
a) Long-term Investment
b) Rent until I can sell ASAP
Which best describes your approach to maintenance?
Willing to invest to keep property in top condition
Willing to invest in recommended work to maintain value
Only willing to invest in required improvements
Rather not put money into property
Are you current on all your mortgage payments
I own this house free and clear so this doesn’t apply to me.
Yes we are current on our payments
No we are not current on our payments
How many rental properties do you have in the greater Cleveland Area? If you own multi-family properties or apartemnets, count total units
None but looking to buy
1
2 to 4
5 to 10
11 to 25
26+
How stressful and/or busy is your life currently?
Not busy and/or stressful
Somewhat busy and/or stressful
Very busy and/or stressful
How long does it take you to travel from where you live to the property you would be renting?*
Under 15 minutes
Under 1 hour
Over 1 hour
Its a plane flight away
After all family, business and other commitments how much time are willing to spend managing properties?
None
Under 5 hours a week
More than 5 hours a week
How flexible are you with your time to handle vacancies, make readies, tenant calls and collections when ever they come up?
Not flexible
Somewhat flexible
Very flexible
Would you feel comfortable doing repairs & maintenance on the property yourself?*
Yes. I do all or most of the work on my property and would prefer to continue to do so.
Yes. But I don't have time to do that work myself.
No. No but I have my own handy men and contractors which I will want to use
No. I would want my property management company to handle with their workers.
Is it easy for you to be tough with tenants?
Examples: Confronting tenant about late rent payment or not keeping property in acceptable condition. Following through on evictions if necesary.
Yes - I love it. I am delighted to evict a tenant when necesary or put them in their place.
Yes - I am resiliant and don't mind doing it though I take no pleasure in it.
No - But I don't mind doing it and can enforce the rules when necesary.
No - I really prefer to be totally separated from any comunication with tenants and tenant comunication stresses me out.
How knowledgeable are you about federal and local real estate laws and fair housing?
Not at all
Somewhat
Very
Is your time worth more (financially) elsewhere? In other words: Would the money you make working at your job or another money making venture be more than you'd save by self managing?
Yes
No
Do you have at least 20% of the value of the property available in reserves just in case something goes wronge?
Yes
No
Are you current on your mortgage payment if applicable?
Yes
No
NA - property has no mortgage
Will rent from the property likely cover the mortgage after other expenses?
Yes
No
NA - property has no mortgage
Phone
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