Destruction of a home - it depends on tenant how they are screened. Many are have locate a family ASAP that is where problems come in.
Most management companies require up to 10% of monthly rental amount, you might be able to save yourself $100's per month if you have correct controls in play work on your behalf.
First need determine month for lease amount cover all your expenses plus extra.
FYI ~ I grew up in Tennessee and graduated school there .
Get There First is one of the best property management companies I have seen. They can rent the home and take the 10% management fee. If you want to manage yourself and save the 10% fee, we can help you rent your place and show you how to self manage.
Keller Williams Realty
I have managed properties in Frisco and McKinney for years, primarily for investors, and we have had great experiences for our homeowners, because of our screening process. I have a property in Texas, but out of town, and have someone else manage it. It is just very hard to manage a property when your several hours, let along several state's away.
If tenants need help with a maintenance issue, if you need help collecting rent, etc, it is good to have someone here local and knowledgeable on your team!
Call to set up a meeting today!
Nicole Arenas, Realtor
Give Jacob Benson with Judge Fite Property Management a call. He should be able to answer your questions and also go over how to protect your self and you property. Cell 972-921-4125 & Email email@example.com.
Good Luck .. Bruce
I would suggest interviewing several property management companies regarding rental rates and how they'll charge you for their service. They often require an escrow account that you have maintain a certain amount of cash in for property related expenses and they typically charge 100% of the first month's rent. Half goes toward the listing commission and half toward the leasing agent commission. Depending on your house payment, you won't likely clear much profit but hopefully won't be in the hole every month. As far as property damage - it's ALWAYS a gamble. I've had rental property for over 20 years - I always check credit, previous rental history, verify employment, etc. all in an effort to minimize my exposure but you just never know. I'd be happy to visit with you further if needed. Feel free to contact me at firstname.lastname@example.org
The Brooks Team, Keller Williams