|
Op, congratulations on your tenant. Would suggest you hire a property manager if you haven’t already. Renting is a business and while it is important to love your home, in order to rent it you need to regulate your emotions and love. Drastically or you will make yourself sick w worry.
Tenants can be awesome. Tenants also can destroy your home and if you love it, make your life miserable. Sounds like you selected the tenants carefully … even still, put distance in between you, the tenants and your home and you will have a much more peaceful year. |
| Congrats OP! I also agree on hiring a management company. I was a landlord for many years and it was a continuous annoyance. You need someone who will be strict and businesslike with the tenants, especially in a case where there might be damage or higher than reasonable wear and tear. |
|
Here’s my experience from the renter’s perspective:
Some houses are simply priced to high. Some realtors do a shoddy job, like 30 minute open house on a weekday. No other showings. Any rental with a bidding war, I’m out. I’m a highly qualified renter with excellent references who treats your home well. Obviously, not you, but some landlords let the place deteriorate. |
This |
I’ve been a landlady for many years and I disagree. I’ve noticed that if ask a higher rent, I get prospective tenants who can afford the higher rent and value a well-kept property. A lower rent will attract lots of interest but not the best tenants. |
I am LL and not true. I price my properties few hundred dollars cheaper for better quality housing. Usually it is rented out within few weeks even during winter months with a lot of qualified applicants. |