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Updated 8 months ago,
Listing Rental Property Returns
Have a rental property in Texas listed with an agent, and they are giving me a lot of push back on including anything about the returns we get. This is a mid term rental and I receive substantially more than surrounding comps for monthly rent. Essentially, this single fact is where any premium is derived for the price of the property. The agent doesn't want to mention anything for fear of liability. To be clear, I am not asking to put price of rent, or even list metrics for some sort of ratio in the listing. I am simply asking to include something like, "unit has brought in rents well above market rate year over year" or "unit is cash flow positive". Right now agent is just putting something in the "private notes for agent section" that says "contact agent about rent details". So the keystone piece of the property is buried at the bottom of the listing.
Would like to hear anyone's thoughts who have experience selling rental properties in Texas. Thank you.