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Property Management Firms for home rental
Posted on 8/31/15 at 2:26 am
Posted on 8/31/15 at 2:26 am
We currently have two homes....one we are in the process of selling and the other I am keeping as a rental. Up until now I have been handling all of the rental management myself but its becoming unwieldy since I travel a lot.
What are some good ways to filter the good property management firms from the bad?
What are some good ways to filter the good property management firms from the bad?
This post was edited on 8/31/15 at 3:08 am
3
Posted on 8/31/15 at 9:11 am to lsufanintexas
talk to their clients, i don't really know how you judge them if not on first hand experience.
Posted on 8/31/15 at 9:15 pm to dagrippa
Go to biggerpockets.com, tons of info on the subject
Posted on 8/31/15 at 9:38 pm to lsufanintexas
my experience was that if a rental goes south and there is damage or unpaid bills, they don't help collect the debt at all. I had to obtain a small claims judgement all on my own. Never collected the $2000 award.
Posted on 8/31/15 at 9:38 pm to lsufanintexas
Rental companies do not care about your property, only about leasing it. I rented out my first house due to the market crash in 2009. It truly depends on the tenants. I had horrible tenants who couldn't change a light bulb. I sold within 2 years. My friend has been renting his house out since 2012 and has had great tenants who treat it as their own. I didn't make any money. I'd buy a cheap POS and fix it up if I ever did it again. No mortgage with it.
This post was edited on 8/31/15 at 9:40 pm
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