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Anyone rent out a home through a company?

Posted on 8/27/16 at 5:08 pm
Posted by King of New Orleans
In front of The Hungry Tiger
Member since Jul 2011
9946 posts
Posted on 8/27/16 at 5:08 pm
Looking at moving and considering renting out my current home through a company so I don't have to deal with it being out of state. I am able to get a loan without selling my current home. A couple questions...

1. Who are some good companies to go through?

2. How much do they take from the rent payment?

3. Do they handle maintenance issues?

If I think of anymore questions, I'll post. Any other helpful tips are appreciated.

TIA.
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 8/27/16 at 5:11 pm to
A) interview as many as you can, I did not have a great experience, wasn't terrible either.

B) mine took 8%.

C) yes, above $250 they were supposed to call to get authorization. That's probably my biggest gripe.
Posted by pjab
Member since Mar 2016
5648 posts
Posted on 8/27/16 at 7:47 pm to
In NOLA:

60% of monthly rent for placement
10% of monthly rent for maintenance
No fee for current tenant signing a new lease.
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