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re: TOS: Being a landlord

Posted on 6/12/15 at 9:02 pm to
Posted by Porter Osborne Jr
Member since Sep 2012
40204 posts
Posted on 6/12/15 at 9:02 pm to
quote:

Get a property management company. You'll be much happier in the long run.


This. My parents have several houses that the rent out and one year my dad decided to keep the extra money instead of paying company. He went back as soon as he could They'll take a lot of the issues off of your hands.
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
64538 posts
Posted on 6/12/15 at 9:20 pm to
Property management is like insurance. It's an unnecessary expense until it is necessary.

The only way I would steer a person away from propman is if he is already in the business, knows construction and maintenance on a professional level.

DIY Property Management Test:

1: Name 10 electrical contractors off the top of your head.

2: If a tenant says his AC isn't getting cold, do you know who you are going to call, and does he owe you a favor?

3: Have you shared a meal with a superior court judge or local sheriff in the last 12 months, and did he pay or did you pay?

4: Do you have $25,000 that could disappear for two years?

5: Are you a thoughful compassionate man that tries to live his life in the footsteps of Jesus Christ, or are you a cold hearted son of bitch that doesn't give a god damn?


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