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Reply to "Considering Buying A Beach House and Will Rent Out (OBX)"
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[quote=Anonymous][quote=Anonymous]OP again. We would use a management company to manage the rental aspect.[/quote] They take 30-50% off the top. And while they are managing you still have responsibilities and when there are issues you get involved. “They are putting a new house on the roof next door, we didn’t pay 15k a week to vacation next to a construction site”, was my favorite. People do dumb stuff to house that are theirs. I know of a house that rent for over 20k a week, tried to figure out what happened to all of their deck furniture, till they saw all of the burnt nails and screws in bottom of fireplace. Another house, pool guy went to fix hot tub that wasn’t filtering, 3 filter cartridges and filter intake pipe were blocked with pizza. [/quote]
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