Property Q&A in Louisville>Question Details

Martie Dailey, Other/Just Looking in Kentucky

how to find and trust a property management company when your in another state?

Asked by Martie Dailey, Kentucky Sat Apr 25, 2009

my husband and I tried to get someone to sell our house but we wanted more than it was worth, so no one would, we bought it for 50,000$ cash in "06" then took a loan out on it 2 years ago to fix it up, and pay some bills for 38,000(big mistake)!!! yesterday we just got the property assesment and it was worth only $37,000....so now we are moving to arizona, and want to rent it out, but I dont know who to trust???? at this pointe i just want to have someone pay the loan off but ...the last thing I want is to get bills from another property in another state....is it possible to rent it out and have it on the market????I dont know is there anyone out there with some sound advice.? we need a property management company how do we go about finding one who is on the up and up?

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Answers

2
You can lease it on a month to month tenancy, but its usually difficult to sell a house when it is rented. Sometimes the tenants can do more harm than good.

One good rule of thumb is to ask for references for anyone that you might consider as a potential property manager or a Realtor. I'm a property manager myself, let me know where your property is and maybe a could possibly help you.

Dave Raymond
Owner/Broker
Champion Properties
0 votes Thank Flag Link Sat Apr 25, 2009
You can get reliable & trustworthy property management through any one of the major real estate companies.Every major company will have a seperate property management division. i am sure you will get many responses from agents here,but if not,please feel free to contact me if you need a referral.
0 votes Thank Flag Link Sat Apr 25, 2009
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