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Advice needed for property management

cookinwithgas

By cookinwithgas,
in Huddle Lounge

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Davidson Deac II Grand Master

Davidson Deac II

Posted
Posted

Only experience I have as a landlord is that it sucks. Girl rented my house, moved her convict boyfriend in and trashed the place in 4 months.

My advice is get as big a deposit as you can, and go with a property managment group. Try to ensure that you do a background check on the renter, if you can legally do that.

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Chimera Community Regular

Chimera

Posted
Posted

There's a limit on the deposit you can charge in proportion to the rent you want. I'm sure a property management company can educate you on all those matters. When I was looking for a home in a hurry,I went to a property management company - one of the homeowners had a stipulation that the tenant pays a deductible on every repair. This was in addition to the deposit.

I guess you can get creative until the renter proves himself to you.

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