Landlords...help a fellow lord out too.....

[9erempiree]

So my rental property just got back on the market. This is the first year that I hired a management company to take care of my needs. Technically, I don't need them but I only hired them to promote the place and put it out on the market.

Guess what? They are not very good and only list the property on their site. I can promote the place much better by putting it out on Craigslist and other various sites.

My question to my fellow lords out there....What other sites can I promote my property?

Help a fellow lord out and I may send you a gift. Finders fee. Perhaps a shirt of your favorite Nba team.

Thanks.

EDIT: I know "Mavs" is a lord too.

[Bless Mathews]

Your daddy's house he rents out don't make you a landlord.

MOArk

[9erempiree]

Your daddy's house he rents out don't make you a landlord.

MOArk

I am the lord of your mine though.:lol

[cuad]

didn't read. LOL!
luls. By fellow lord, you mean gaylord, right?

[Bless Mathews]

I am the lord of your mine though.:lol
Mine?

Minecraft? I thought that might be you talking on xbox live to my 8 year old son ..

His gamer tag has 206 in it. Reppin always.

Some kid was like, in a high pitch voice" you from Seattle? Go niners. Go. Go kappy. We gonna beat you guys this year. I swear. Go niners ! We were an empire 20 years ago. We are gonna win again one day and stop living off our past. Goooooo niners!"

Makes sense.

[SunsN07BookIt]

I don't know if I would be called a landlord but I did buy a home 4 years ago, that I rent to my former sister-in-law and her boyfriend. I could probably get more money for rent but they have been hassle free, so its a very good mutual arrangement.

Anyways there are tons of places that you can promote you property from Craigslist, to Zillow, to Rento-meter. I personally would rather pay a company 50-100% of one month's rent to find a tenant and do a credit check and all that, but it looks like you've gone down that route and wasn't happy.

[dr.hee]

I am the lord of your mine though.:lol

http://humanevents.com/uploads/2012/08/coal-mine-west-virginia-ohioamerican-obama-war-on-coal-620x465.jpg

Mine over matter :applause:

[stalkerforlife]

Nicca, I can barely pay my own rent.

How imma be landlording for someone else? :kobe:

[DukeDelonte13]

craigslist and if you have them still local newspapers. In NE Ohio, there is a major one and little ones for every big suburb or grouping of a few suburbs. That's good marketing for cheaper rentals.

If this is an expensive rental we are talking about, something that the average tenant can't afford, call up some insurance companies. They are always looking for upscale properties to place people who own nice homes after fires, floods, other major issues, etc.

[9erempiree]

I don't know if I would be called a landlord but I did buy a home 4 years ago, that I rent to my former sister-in-law and her boyfriend. I could probably get more money for rent but they have been hassle free, so its a very good mutual arrangement.

Anyways there are tons of places that you can promote you property from Craigslist, to Zillow, to Rento-meter. I personally would rather pay a company 50-100% of one month's rent to find a tenant and do a credit check and all that, but it looks like you've gone down that route and wasn't happy.

I like Zillow to find value but didn't know they handle rentals. It is crazy to think most of these management companies want you to go to their site and that is the only way they help promote these properties.

I am sure Craigslist get more traffic and views than their stupid site.

Thanks man.

[9erempiree]

craigslist and if you have them still local newspapers. In NE Ohio, there is a major one and little ones for every big suburb or grouping of a few suburbs. That's good marketing for cheaper rentals.

If this is an expensive rental we are talking about, something that the average tenant can't afford, call up some insurance companies. They are always looking for upscale properties to place people who own nice homes after fires, floods, other major issues, etc.

Interesting. I may have to do that.

Right now I am doing their jobs for them by posting on various sites because they don't promote outside of their site.

Lord 9er out.

[SunsN07BookIt]

I like Zillow to find value but didn't know they handle rentals.

Don't trust Zillow's home values, they tend to be very inaccurate. Zillow lists my rental home value at half a million dollars and its nowhere near that! :oldlol: While my buddy has a home that's at least equal to mine in value and probably more and his home is listed at only $177k by Zillow.

[nathanjizzle]

http://youtu.be/YZpYQLGJDGQ?t=16s

[9erempiree]

Don't trust Zillow's home values, they tend to be very inaccurate. Zillow lists my rental home value at half a million dollars and its nowhere near that! :oldlol: While my buddy has a home that's at least equal to mine in value and probably more and his home is listed at only $177k by Zillow.

I am actually trying to just manage it myself and see what I have to do to become a property manager for others here in California.

My buddy owns a HVAC business and he does work for over 300 properties for a management company. He tells me all the time to steal their clients away from them as I have full access to his customer list.

8% of rent is my fee. Let's say $100 per house x 300 properties = :pimp:

I believe it is public records that I can find the owners of these addresses and contact them directly.

[Godzuki]

how much is the management company taking? Assuming they're basically a real estate or property management company that handle everything...

the other thing they're good at is making contracts and getting people to pay, etc. type of shit you'd have to go thru yourself. I think they're worth it in general but really depends on how much of a cut they're taking.

[AlphaWolf24]

I own 2 rental homes and go through a property management. They have trusted contractors they use to repair the home, and it can worth the 5% - 10% they take.....just to not have the headache of fixing it yourself.

Craigslist = too risky and most often times you have multiple family's trying to live in 1 home. Too many people in 1 home can lead to problems and bring down the value of the neighborhood.

remember , water damage is the most problematic damage to a home....make sure to remind the property management ( or yourself) to always check water fixtures/shut off valves etc...etc.

also. No pets...No pets...No Pets.....No Smoking ...No Smoking....No Smoking.


:cheers:

[DukeDelonte13]

I own 2 rental homes and go through a property management. They have trusted contractors they use to repair the home, and it can worth the 5% - 10% they take.....just to not have the headache of fixing it yourself.

Craigslist = too risky and most often times you have multiple family's trying to live in 1 home. Too many people in 1 home can lead to problems and bring down the value of the neighborhood.

remember , water damage is the most problematic damage to a home....make sure to remind the property management ( or yourself) to always check water fixtures/shut off valves etc...etc.

also. No pets...No pets...No Pets.....No Smoking ...No Smoking....No Smoking.


:cheers:


my parents are landlords and have been since the early 90's, they have strictly used craigslist for the past 5/6 years or so. They've only had maybe 2/3 evictions in their entire lives. They just are careful about who they rent to, and don't rush into filling a home if the tenant doesn't seem right.

yes, no pets, no smoking.

regardless tenants always manage to bring pets in. Always.

It's in interesting dynamic, long term tenants are great, but the rule of thumb is the longer they stay the more f*cked up the house is going to be when they are gone. Some people literally live like animals. I recently helped clean out a house after a 6 year tenancy and it was as if these people just never let their dog out. It just pissed and sh*t where it pleased. Don't get me started on the nicotine film that coated every single surface of the house...

[MavsSuperFan]

Edit: misread what you wrote.

you are looking to rent out your property. Mine is in a busy location near a school, I reject people looking for a unit on an almost weekly basis.

[AlphaWolf24]

my parents are landlords and have been since the early 90's, they have strictly used craigslist for the past 5/6 years or so. They've only had maybe 2/3 evictions in their entire lives. They just are careful about who they rent to, and don't rush into filling a home if the tenant doesn't seem right.

yes, no pets, no smoking.

regardless tenants always manage to bring pets in. Always.

It's in interesting dynamic, long term tenants are great, but the rule of thumb is the longer they stay the more f*cked up the house is going to be when they are gone. Some people literally live like animals. I recently helped clean out a house after a 6 year tenancy and it was as if these people just never let their dog out. It just pissed and sh*t where it pleased. Don't get me started on the nicotine film that coated every single surface of the house...

Craigslist can work if you put in the time and effort yourself. ( sounds like your parents are very careful and spend a fair amount of time looking for good tenants....and have time to take care of the home)

My homes are located near schools and I would rather have a Prop Management do all the background ground checks, yearly contracts,repairs,possible evictions etc...etc.

It's alot of work to maintain rentals......I would rather pay a PM company a small % and not have to always deal with it.


Totally agree about pets,....they are a no go IMO. ( I have a trusted Landscaper watch the house's when they are mowing lawns...to see any signs of pets)