Property Management Co

[mtnrider]

out of the 5 renters I have had, 3 were great an 2 have been shitty dirtbags.
it does suck paying 2k and spend 100hr in labor bringing the house up to par but when you have a good renter for 18 months with no issues it makes up for the dirtbags out there.
The only reason I don't manage it myself is bc I am frequently out of the state and I don't want my family dealing with my problems.

I have a rental property in NM and out of 3 renters have had one bad apple that I had to kick out. Strangely enough that was the only one I had a property manager running it for us and they were useless. They did nothing but collect there share of the rent. We parted ways half way through the contract after I had to get the renters kick out myself. (military couple and had to go to there first shirt)

Have been extremely lucky since then. Have a German family in there for the past 4 years over here on a military assignment and they have been great! No property manager, they take care of any issues and just send me a bill if there is one, Dream renters. I'm going to dread when they leave after the first of the year.

[Irving]

My dad recently had an issue with a renter in his house. Wasn't paying the rent, then told him that she wasn't planning on leaving because she spent a small fortune landscaping the backyard. WTF?

[T-Giv]

Lmao I wouldn't know what to say to that. Hence why I need a good mentor......Irving?

[Irving]

Heh, I couldn't be anyone's mentor now. What I can tell you though is to always keep sight of the cashflow. Don't invest in something that you think will payoff later, if it won't even cashflow now. I'm talking about real estate property.

[Wulf202]

my 2 pieces of advice. Don't ever get over extended and don't get personally attached to your investment property.