All Forum Posts by: Matthew Vernam

My property manager has only suggested lowering the price after I told her I was concerned about it not renting. I would be okay with lowering it. However, after 9% is taken and the first months rent, I would be paying into the property which I was trying to avoid. 

The property is listed on all the typical sites. I also listed it on Facebook market place and a couple of other sites that I payed for to get it out there more. Unfortunately, on top of the rent if 2500, the manager is charging a security deposit of 2900 plus a $50 application fee and $50 move in fee. I feel that those are deterring potential tenants as well. Can those be negotiated or is that solely on the management company? 

Thank you for the tips about the pictures! I will look into that. 

I’ve had a townhome on the rental market for 50 days in Annapolis, Md. Although the coronavirus has limited showing/opportunities to rent, I still feel my current property manger isn’t doing all they can to rent my property. We have little interactions and I only receive responses when I directly contact the company. 

If the house has never been rented out before(hired the property manger 2 months ago) can I back out of the contract to find a new manger? After combing through the contract again, I read that the contract could be void if we both mutually agree to part ways or if I provided a written statement wanting to terminate, it would take 90 days to be final, thus not helping my situation of being able to rent either. However, I wanted ask the forum to see if there was something I may be missing.

This is my first time renting out a property and using a property manger so I’m not sure if the situation is making it hard to rent or the property manger. 

Thank you!