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Updated over 2 years ago,
Sending Potential Property Manager Rental Property Questions
Hey Forum, hope you're well.
There's a decent property that's caught my eye in Ft Lauderdale, FL -- Riverside Park to be precise. The property already has a TIP tenant in place and on a lease until next April 2023.
This is my first time doing this, so feel free to unpack any words of wisdom you've learned since your first win.
The rental $2100 covers just under the estimated costs and 1% Rule, so that's a plus. Property's listed at 280K.
What I'm uncertain of and will ask the point person on this is what the total costs are each month and how much the tenant covers, where to get a new tenant or extend the lease before March 2023, etc.
I don't live in Florida and will probably get some property managers' POV on how to handle this long-distance, and want to make sure I'm making it worth their time for one door.
How do I phrase that and share details with a potential property manager about the property BEFORE putting in an offer?
thanks in advance, have a good one!