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Updated about 9 years ago on . Most recent reply
Long term tenant and new property management company
Hello
I finally decided that I dont want to go through the hassle of dealing with my tenant who is very demanding when there is a problem. So I signed up for a property management company service based in Sacramento. The issue is
* Tenant is not keen on giving appointment to property manager for initial house inspection and starting the process
* Tenant sent me a email saying the property manager has been rude and their took the house assuming that we will directly manage it and wants to take legal opinion.
--
I have been very nice and accommodating to the tenants and dealing with a professional management company is obviously going to be more stricter. The tenant has been with us for 4 years, Any suggestions on what I should do. The lease ends at end of Feb and he is thinking about renewing
Thanks
Most Popular Reply
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Sunny,
Make sure to take a hard look at where the rent on your place is vs the market right now. Folsom is ALWAYS a hot market, the presence of great schools, Intel and the 50 business corridor makes it one of the most sought after zip codes in the area. A lease end in February is pretty good timing as well to get a nice home in nice neighborhood on the market for a Spring lease.
I don't want to minimize the potential expenses associated with a turnover, there are going to be costs with cleaning potentially paint, etc, but the product you are offering is very desirable and likely worth more than you think. Don't be afraid to at least look at what you would see in increased rent.
Good luck