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Updated over 3 years ago,
marketing my out of state property before it is built
Hey everyone,
So here's what I got.
I will be closing on a new construction property in Texas roughly at the end of August 2021 in Conroe Texas. This date can be pushed back a little based on construction issues, but I should know with a few weeks prior to its completion. My goal is to immediately get it on the market for rent. I live in California and I probably will end up flying out to Conroe Texas for a week or so to show the house to prospective tenants. Id like to set it up so that I have multiple tenants come during the period of time that I am in Texas. I also have local realtor who offered to help me with tenant placement etc. My question to you bigger pockets users are:
1. How much money do realtors usually want to help place tenants for you. Is it really even necessary. I placed my tenants in my last rental without help from anyone but that house was my primary residence that I ended up renting out so I was there a lot more. Any thoughts on this.
2. Property management/ vs self managment from out of state. The house is brand new so I figure there should be to many issues and the home comes with a warranty 1 year initially. My lease with the tenants will read that tenants must be present to let in repair companies if something did break. It seems doable to self manage to me.
any other thoughts or similar experiences you may have dealt with