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General Landlording & Rental Properties

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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
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Is Using A RE Agent For Rentals The Smart Thing To Do If Concerned With NOI?

John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
Posted Feb 10 2013, 16:03

I just purchased 3 rental properties. Due to time constraints, etc I decided to use an agent to bring qualified tenants. I felt they have the ability to better screen tenants. They cut a deal with me for 1/2 the first months rent. After that, it is my responsibility to collect rents and manage the properties. I didn't think this was a bad trade-off because I know that if I get one REALLY BAD tenant that person could destroy hopes of any profit for a year or longer. I think I am doing the right thing. What do the BP group think??

John

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