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Updated almost 5 years ago,
How much control do you keep when you have a Prop Manager?
We bought a house and closed last week. Our long-time friend and business partner with DH pushed us to rent our old house, and we used the lease to qualify for the new house.
And...the renters backed out. Some our fault. Some there.
Now, the friend/Prop Manager (there IS a contract) is pushing out the "ready for renters" date to the 24th because, of course, he has lost his need to push the work through that needs to be done.
AND...he will NOT listen to husband and I when we say we want to rent our house for no more than $1200. We don't believe that our neighborhood/house will handle for than that. PMs reasoning for going for $1350 DESPITE our repeated attempts to NOT go that high...is that then we can list the house on Roofstock.com for $130K.
We want to list for $1200. How much pull do you have over your properties when you have a property manager?
Avery