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Trulia San A…, Home Buyer in San Antonio, TX

What are the benefits to renting from a corporate rental company rather than a 'Mom & Pop' rental property?

Asked by Trulia San Antonio, San Antonio, TX Tue Nov 6, 2012

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Sue Baillio’s answer
As far as getting qualified to rent from them, corporate may have tighter qualifing restrictions, mom and pops may be a little more forgiving if your credit is below 620. After you are in a property you want a property management system who will be ready and available to handle your maintenance problems and corps usually have a handle on those issues.

Sue
1 vote Thank Flag Link Tue Nov 6, 2012
BEST ANSWER
Larger, corporate rental companies are more likely to provide the service and maintenance you need as as tenant. They are also more likely to follow tenant-landlord laws, Fair housing laws, and ethical requirements such as security deposit rules and tenant notifications. Yes, they might be more strict unless the property is lower end of market. This trade off will appeal to most tenants.
0 votes Thank Flag Link Tue Nov 13, 2012
They are also typically FAR less personal and more about the bottom line (ie: you're just a number). That can work both for and against you sometimes. Best of luck...Jim
0 votes Thank Flag Link Wed Nov 14, 2012
Corporate rental or property management companies will have to be licensed by the state, therefore making them held to a higher standard, they will also more than likely be using promulgated forms from the Texas Real Estate Commission. My advice would be to beware of any "rental company" that isn't licensed by the state. If you do decide to rent from a "mom and pop" landlord or any landlord that isn't licensed by the state, it would be a good idea to have the lease and/or any other documents explained in detail by a knowledgable advocate, BEFORE you sign.

Best,
0 votes Thank Flag Link Wed Nov 14, 2012
They are more organized but are more estrict.
Good Luck
0 votes Thank Flag Link Tue Nov 6, 2012
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