All Forum Posts by: Michael Lee

thanks for the ideas. @Charles Morgan @Al Williamson @Jennifer Bennett . I agree we got do this at least once to get the experiences, especially for the first one. what the websites you would recommend for listing though? I feel MLS is the best but wonder if we could access to it without hiring an agent.

So I have followed the forum for a while to learn how to pick a rental property and thought I have figured out how the number works since I am a CPA, until now it comes to the point to put the rental to the market...

So i ran the number when picking the property, including the expected monthly repair & maintenance, and was confident the property can produce a 10% cash to cash return. and I was wrong... I didnt take the listing agent commission into account, which is one month rent, about 3-4 months of the net profit from the rental. so only if the the lease turns out to be a decent long term, otherwise my number will not come anywhere close to 10%...have thought about to list by self, but only problem is i dont have too much time to show the rental during weekdays...that's why i am thinking to have my agent to help me out. any ideas how we usually handle this? eat the cost and move on or spend the time and effort to find a tenant by self? thanks

seems like most landlords here just market the rental and find the tenant on own?

So I have followed the forum for a while to learn how to pick a rental property and thought I have figured out how the number works since I am a CPA, until now coming to the point to put the rental to the market...

So i ran the number when picking the property, including the expected monthly repair & maintenance, and was confident can still get a 10% cash to cash return. and I was wrong... I didnt take the listing agent commission into account, which is one month rent, about 3-4 months of the net profit from the rental. so only if the the lease turns out to be a long term, otherwise my number will not come anywhere close to 10%...have thought about to list by self, but only problem for me, i dont have too much time to show the rental during weekdays...just why i am thinking to have my agent to help me out. any ideas how we usually handle this? eat the cost and move on or spend the time and effort to find a tenant by self? thanks