Home Buying in SOS>Question Details

Shamesp, Home Owner in Santa Rosa, CA

Rent reduction in exchange for some property management work?

Asked by Shamesp, Santa Rosa, CA Tue Aug 21, 2012

Is this a good idea? What is the best way to structure it? I am planning on renting to someone at a reduced rent in exchange for property management work for 3 of my condos.

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At the risk of sounding negative that is a terrible idea. Instead of writing out most of the reasons why, I would ask that you call my cell @ 707-292-8400 and we can talk. At the very minimum you should charge full rents and write a separate check to that person for property management services. But unless that person has training and is up to date on the ever changing rental laws that impact Sonoma county it is still a bad idea.
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