Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago,

User Stats

8
Posts
0
Votes
Cobe Mouton
0
Votes |
8
Posts

Determining how to lease with the First Property

Cobe Mouton
Posted

Currently myself and my wife are trying to decide between hiring a broker to least our 1st house and losing the security deposit upfront. From fees using the broker and coming out of our pocket when the tenant leaves and paying them the deposit back originally if the property is well maintained of course. The other option is listing the property ourselves with not that much exposure other than your typical sites as Truila, Zillow etc ourselves and making sure we still have the security deposit sitting in an account and not be touch. 

What is the benefit of using a broker to list the property if at the end you come out pocket paying the security deposit? The contract I can buy for $100 dollars based on the state and using a rent pay website to collect funds and do the background check for tenants within that site.

Am I missing something?

Loading replies...