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Updated over 11 years ago, 02/28/2013
John ThedfordPoster#5 Wholesaling Contributor
- Real Estate Broker
- Naples, FL
- 6,550
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Is Using A RE Agent For Rentals The Smart Thing To Do If Concerned With NOI?
I just purchased 3 rental properties. Due to time constraints, etc I decided to use an agent to bring qualified tenants. I felt they have the ability to better screen tenants. They cut a deal with me for 1/2 the first months rent. After that, it is my responsibility to collect rents and manage the properties. I didn't think this was a bad trade-off because I know that if I get one REALLY BAD tenant that person could destroy hopes of any profit for a year or longer. I think I am doing the right thing. What do the BP group think??
John