Home owners who can’t or don’t want to sell their homes in today’s market but must move should consider renting out the property.
5 Reasons to Hіrе a Prореrtу Manager
- Better tеnаntѕ
- Sреnd lеѕѕ time in соurt
- Fill vacancies fаѕtеr
- Nо mоrе сhаѕіng rеnt
- Mоrе free tіmе аnd less stress
Learn more about our property management services
No one puts forth more effort than Nesbitt Realty.
Obtaining a professional property manager is a good first step. Professional property managers charge 7 percent to 10 percent of the monthly rent in many areas. Nesbitt Realty is often cheaper than our competitors.
Current rents may not be high enough to cover carrying charges, including mortgage, taxes, and insurance. Nevertheless, renting out the property may still make sense if property values rise in the next few years.
Offering a 12-month lease that converts to month-to-month is a good idea, if the owners are considering selling eventually. Include language in the lease that allows a real estate professional to show the home to potential buyers with 24 hours’ notice to tenants.
For more information or to set up an appointment call Julie at
(703)765-0300.