General Landlording & Rental Properties

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Alex Johnson
  • MA
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Finding Tenants Using RE Agent (first time investor)

Alex Johnson
  • MA
Posted Sep 4 2019, 13:24

Just bought a 2 family home with my brother in Wakefield, MA (right on the lake, great location). Looking to find tenants for the downstairs unit since we both work from home and will be living in the upstairs unit.  We were going to use Zillow, Trulia, Facebook Marketplace, etc... but since its our first time, we were thinking about just getting it off our plate and having our real estate agent do it for us.  We are very busy right now, and feel like the broker fee (one months rent) will pay for itself if they can get someone in there much faster than we will be able to.  Do you guys think we are overestimating how much work it is to find a tenant, and underestimating how quickly we could probably get someone in there?  Has anyone else used an agent to get tenants in their first time around?  We just want to make sure we are doing this the right way to kick things off... but also don't want to lose a months rent if its a lot easier / more straight forward than we think. 

Any thoughts or feedback is appreciated!

Thanks,

AJ

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