Renters Warehouse

[Dean Ravenscroft]

Hi biggerpockets community,

Im not a real estate investor yet, but plan on investing as soon as I finish college and I hear a lot about Renters Warehouse on tv and radio. Has anyone used them to manage any of their properties? Was it a good experience? Would anyone recommend them for a first time investor? 

Thanks,

Dean 

[Mark Totzke]

Hi Dean - I use Renters Warehouse to manage one of my single family homes in MN. They have managed the property for three years now and they have been great to work with. They are pretty cheap ($80/month) and I have had good luck with them funding qualified tenants. The fee for finding a qualified tenant is quite high though, one months rent. If you can find your tenants that will put a lot more money in your pocket. Mark