Updated almost 7 years ago on . Most recent reply
Potential property manager gave a rent comp that seems low...
I am putting my (now primary) house for rent. Fantastic neighborhood on a lake, great location, fresh high quality remodel with Hansgrohe faucets, hardwood floors, solid wood vanities and such... Basically, it was supposed to be my primary residence.
I found a PM on a local investor club website. He recommended a price point (2100/mo) however when I look at the crap that's being rented out for that amount in my area, it seems way too low.
What's the catch? Could it be that he is trying to get this property rented out quickly as he has a flat management fee per each rental?
Should I stick to my guns and try to get more? I currently live in the house so I'm not in a rush to get it rented quickly.
Most Popular Reply
Every homeowner thinks their house is worth more than it is, and that very possibly might be the case here with the rental as well.
- Russell Brazil
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- (301) 893-4635
- Podcast Guest on Show #192
