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Message
Anyone rent out a home through a company?
Posted on 8/27/16 at 5:08 pm
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.
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.
2
Posted on 8/27/16 at 5:11 pm to King of New Orleans
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.
B) mine took 8%.
C) yes, above $250 they were supposed to call to get authorization. That's probably my biggest gripe.
Posted on 8/27/16 at 5:12 pm to eng08
Get authorization from you? Who paid for it? That's what confuses me.
Is 8% high?
Is 8% high?
Posted on 8/27/16 at 5:32 pm to King of New Orleans
I'm assuming that he means that if the repairs are over $250 they, the rental company, must get authorization from YOU the owner. Saw a broken AC or dead washer/dryer would be over that and you'd have to ok it.
Dead ceiling fan they'd just change it out and bill you for it/deduct from your rent.
At least that's how a friend of mines leasing company works (he has a rental in BR than Lewis Companies handles and he explained it that way). NO idea about what % is high/low.
Dead ceiling fan they'd just change it out and bill you for it/deduct from your rent.
At least that's how a friend of mines leasing company works (he has a rental in BR than Lewis Companies handles and he explained it that way). NO idea about what % is high/low.
Posted on 8/27/16 at 6:02 pm to King of New Orleans
quote:
Is 8% high?
FACK NO
many charge 10%
Posted on 8/27/16 at 7:47 pm to King of New Orleans
In NOLA:
60% of monthly rent for placement
10% of monthly rent for maintenance
No fee for current tenant signing a new lease.
60% of monthly rent for placement
10% of monthly rent for maintenance
No fee for current tenant signing a new lease.
Posted on 8/28/16 at 8:23 am to King of New Orleans
quote:
Is 8% high?
Ha, you will be very lucky to get 8%. Most around me have a $100 or more minimum also. The hardest part is finding a good tenant, which is really not that hard. Most tenants would much rather rent from an owner or smaller company and you'll often be able to rent for more on your own.
If you can find a good handyman that will do a service call for $50 or so, you can always rent it yourself and then send the handyman over routinely. It's very easy to do that and the least expensive way.
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