Property Management Decision

[Keyur S.]

Hello!

We are going to be renting out a property that we just bought to live in as our primary home. Circumstances have changed and due to a relocation, it seems that it will be best to rent it for now even though the financials are not great for renting. 

Debating between a local company that charges $350/month or an online company like ZipRent that charges $100/month and half the cost for Tenant Placement vs the local company (about $1000 in savings and free photos). 

With ZipRent everything seems online. With the local company, tenants drop off payments monthly at their office. So you lose on technology but you gain on someone being local and familiar with the house (they used to manage this property in the past).

We bought an old house that someone else flipped. I didn't even know about flipping at the time, so that's how we got introduced to the world. Everything is pretty new so hoping not much would need to be maintained. We also have a homeowners warranty for the first year. We are in the Bay Area.

Thanks!