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Reply to "Best way to rent out a SFH"
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[quote=Anonymous][quote=Anonymous]I'm a landlord of a SFH in Bethesda. I manage the property myself. I've always had a bunch of applicants through Zillow. I have trusted plumbers, electricians and mechanical people that I can call in an emergency. And I have a few handy people that I use. Even though I require my tenants to maintain the yard, they rarely do so I factor in a big spring and fall yard cleanup into the lease. I use Smart Move to screen tenants - this was a tip from DCUM - and the tenants fill out all their info online which makes it easy for everyone. Spring and early summer are the best times to rent SFH because that is when people who are moving with kids start looking to get established before school starts so it is also helpful to draw up leases so that tenants leave around that time of year as well. I live near my property so that also helps. The margins are so small in the DC area with the high cost of taxes and insurance that hiring a management company really eats into the profits. Look to your county's Landlord/ Tenants website for sample leases to use that are specific for your state and county. MoCo has a good one.[/quote] Thanks so much for the information and the tip. I will check out Smart Move. We are just trying to break even to keep an option of moving back in a couple of years. Did you have professional pictures taken? [/quote]
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