Updated almost 9 years ago on . Most recent reply
Anyone have a PM do the leasing, and you take over from there?
Does anyone have a property management company do the leasing portion (showing the property, tenant screening, lease paperwork), and the you take over the 'day to day' landlord responsibilities? (Maintenance calls, lease renewals, collecting rent, etc).
Specifically looking at out of state scenarios, where I can't be there to do the showings, and would also like the legal expertise of a PM who deals with contracts and lease agreements in the area/knows what a good/bad tenant is for the area.
Looking at paying a fee for that leasing service, then saving the 8-10% on the management.
Just wasn't sure if this is a practice anyone has used, and what your experience was with it? Good idea? Bad idea?
Thanks in advance,
Chris