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SVTPerformance's Chain of Restaurants
Road Side Pub
Interested in hearing from people who rent out property
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<blockquote data-quote="HillbillyHotRod" data-source="post: 16203910" data-attributes="member: 158733"><p>Been doing it since 84. First one was a triplex that was a real pain in the butt. Since then I have had single family units only. You tend to get a better class of tenants in a house as opposed to multi family. Multi family tend to be more mobile while houses stay longer. Last one I had before I exchanged it was there for over 5 years. Tried self managing and it became a pain so had a management company do it all. Costs 10% and if just getting in takes a good chunk of profit but not having to hassle with checking references, evictions, etc was worth it to me. Only had two evictions in all that time. Research and then research more as it is not for everyone. Good luck.</p></blockquote><p></p>
[QUOTE="HillbillyHotRod, post: 16203910, member: 158733"] Been doing it since 84. First one was a triplex that was a real pain in the butt. Since then I have had single family units only. You tend to get a better class of tenants in a house as opposed to multi family. Multi family tend to be more mobile while houses stay longer. Last one I had before I exchanged it was there for over 5 years. Tried self managing and it became a pain so had a management company do it all. Costs 10% and if just getting in takes a good chunk of profit but not having to hassle with checking references, evictions, etc was worth it to me. Only had two evictions in all that time. Research and then research more as it is not for everyone. Good luck. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Interested in hearing from people who rent out property
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