All Forum Posts by: Eugene Park

Hi all, 

I live in California but own a rental property in Katy, TX. The tenant is unlikely to renew, and I'd like to minimize vacancy + tenant placement costs. It took approx 60 days to place the current tenant with a property manager I hired for the job. He placed the unit on the MLS' 30 days prior to the lease expiring + 30 additional days before we found the new tenant. All-in, I lost 1 month of rent + the 1 month cost to the property manager.

What's the best way to try and minimize my loss this time around? I'm hoping to find an agent or service who is willing to work on a performance basis, e.g. lower fee if it takes longer than 30 days.

Thanks 
Eugene

I'm interested!