You might remember I met with a Realtor a couple of months ago to give me an appraisal on what he thought I could sell the condo for, and it wasn't enough yet to pay off the mortgage. That's when I decided I'd rent it out. He is also a property manager, and I have seen him in action in the neighborhood. He and his wife have a pretty successful real estate business. They seem to be listing and selling quite a few properties here where I live.
I came over to The Palms at lunch and re-read yesterday's post and the recent comments and decided to send him an e-mail to see if he would rent and manage the condo for me. My kids thought he was too expensive, but I don't think I'm cut out to be my own property manager, and if he can get me a good tenant, it would be worth it to me. I haven't heard back from him yet, and I think I'd like to see what happens at the Estate Sale and if anyone is interested in renting and leaving their name with the ladies working it. If nothing comes of that, I'll meet with him and see if he can help.
I've just got too much going on right now to take care of everything, and having that taken off my plate will be a huge relief.
I checked the website of my Estate Sale ladies to see what they have for my sale, which starts tomorrow. They did a really nice job, listed tons of stuff, lots of good photos, and even said the condo is for rent, and they would take names of any interested parties for the owner to call back. I thought that was really nice of them to add to their listing.
I've already made a sale! One of the "crew" saw him and LOVED him and bought him for her daughter:
I thought about keeping him, but that wouldn't be very fair to him, sloshing around whenever I was on the road.
I'm still in the hotel parking lot tonight. Tomorrow after work I plan to drive back home and park somewhere nearby.
From Me and Katie, have a good evening, everyone! : )
A property manager is the way to go! (Disclaimer: I've never used one before but I live in a college town and know a lot of people who do it that way).
ReplyDeleteSometimes it's worth it to pay people to handle your headaches. We pay a lawn service a lot of money to do what we could do ourselves BUT the exhange for the free time and the lack of hassle makes me more than happy to write that check each month.
Well worth the 10-15% - or whatever it is - to let a professional with expertise that you trust to do all the work.
Breathe deep. Eat vegetables. Walk and play with Katie.
ReplyDeleteAll will work out just fine.
I agree on the property manager. If we have to lease, we will go that route. It will give us peace of mind since we will not be in the area.
ReplyDeleteYou can do this! You really can. With Katie by your side, anything is possible! But I will acknowledge how very full life decisions can get for one person especially during a big change period when everything is up in the air.
ReplyDeleteI also agree, having someone to keep an eye on your condo is important!
ReplyDeleteWhat I forgot to mention is my parents live on the 1st floor apartment, so they keep an eye on our 2nd floor tenant and they take care of the outside yards for us. Without their help, I don't think we will keep that house. But then, if it's not because of them, we would not have bought it in the first place!