Wednesday, February 6, 2013

This house done.



It looks like things are wrapping up.  We found a Renter and a Property Manager.

Our renter is great.  He passed the background check better than he even thought.  He loves the house and is getting packed up and ready to move in next week.

We found a property manager that seems to understand that this is our house and he works for us.  He can be here for any emergencies and is collecting the rent directly so that the tenants will have a local place to go to pay the rent at the last second if they need to.  Their price per month is not too bad at 8% of rents collected. 

He is also good with not doing the renewals or the between tenant rehab.  It seems that most of the property manager want to switch out tenants as much as possible so that they can charge a full month’s rent to find another tenant.  Our goal is to get good tenants in that stay, not swap them out every year.  Plus, this will allow us to go in and make the upgrades we want between tenants and not leave it to a stranger to fix things up.

All of my stuff has been kept in the garage in a nice organized pile while showing the house.  Since we don’t have any storage nearby and I really don’t want to pay for a storage unit, it all get’s packed into the little car to head home.  My renter was shocked that I could fit everything inside.  But one way or another it will fit.

The plan is, the night before the tenant moves in, I pack up the car to the brim.  Will meet him the next afternoon and turn over the keys and he does the final sign off attesting he received the keys and what the keys are for.  Say goodbye to my new neighbor friends.  And then head out for the long drive.

I can’t wait to get home to see my family again.  After all, they are the reason I am doing this.

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