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General Landlording & Rental Properties

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Jonathan L Berhow-Rivera
Pro Member
  • Investor
  • Savage, MN
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22
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Renters Warehouse.. Good, Bad and Ugly??

Jonathan L Berhow-Rivera
Pro Member
  • Investor
  • Savage, MN
Posted Mar 30 2020, 19:51

I used Renters Warehouse because I liked the idea of a rent guarantee for as long as the lease was agreed upon (2yrs). 

My renter decided to purchase a home (4months in) while they had a 2 year lease with me. I thought ok No Big Deal, I have the renter guarantee. Renters warehouse can put a new tenant in. 

Nope, I just found out since they were not "managing" the property then the extra fee for the lease guarantee is not  valid... Needless to say the tenant trashed my property..

Any Thoughts..

Thanks,

Jon