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Thread: Property Managers? Owning a rental property?

  1. Loving Life in Paradise!
    Kristen's Avatar
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    #1

    Property Managers? Owning a rental property?

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    I'm thinking we're going to have to rent our house here in VA while we live in HI. I'd like to sell it, but it just doesn't seem feasible right now.

    Does anyone have any experience with owning a rental property? How did you pick a property manager? Was it a nightmare? Totally worth it? Any advice that I should know going into it?

    And does anyone in the Virginia Beach area have a property manager they recommend?
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    #2
    Hay, my parents used Remax in the past to rent their rental property. The last time around I acted as their property manager setting up the lease/finding renters/pre-inspection ect.

    Good part of you doing it all yourself is that you get 100% of what is being paid by the renter bad part is you have to deal with whatever comes up

    Good part of dealing with property manager is you don't have to have 1on1 contact with the renter bad side is you have a pay a portion of the rent to them to take care of everything.


    Do you think you will have any trouble renting your house?
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  3. who will drive my soul?
    OMG it's Andrea!'s Avatar
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    #3
    We manage our own rentals, but we also live in the same area so it's a bit easier.
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    Hold on Kristen you live in Va Beach??? Why did I never realize this?
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    #5
    Do you have pictures of the house?? We might be interested in renting it
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    Quote Originally Posted by OMG it's Andrea! View Post
    We manage our own rentals, but we also live in the same area so it's a bit easier.
    Yeah, we'll be in Hawaii, so I think I need someone here. I wish I could do it myself.

    Quote Originally Posted by Kris View Post
    Hold on Kristen you live in Va Beach??? Why did I never realize this?
    I don't know! But I'll only be here for another few months so we should get together!

    Quote Originally Posted by mjsparkles2001 View Post
    Do you have pictures of the house?? We might be interested in renting it
    I do have pictures! Give me a minute, and I'll reply with them.
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    Quote Originally Posted by Kristen View Post
    I don't know! But I'll only be here for another few months so we should get together!
    We really should!
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  8. Loving Life in Paradise!
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    #8
    Ok, I don't have as many pictures as I though! Geesh... I need to take some good ones.

    Here's a crappy picture of the front:


    Kitchen


    Bad Picture of Living Room:


    Back Yard facing away from Canal:
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    Hmm... I really need to snap some new pictures!! I don't have hardly any that show the house how it looks now. Hubby and I have some work to do!
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    #10
    Where in Va Beach is that??? I am wondering if you live anywhere near my parents, they live near Lynnhaven
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