
08-19-2008, 08:21 PM
|
Senior Member
|
Join Date: Jun 2008
Posts: 308
Thanks: 0
Thanked 0 Times in 0 Posts
|
|
Re: TV Absentee Landlords
Quote:
Originally Posted by Pookirgirl
We did own a Courtyard villa there a few years back which we purchased specifically as an investment property. Well, as first time investors, we were ignorant to a few things. First of all, we purchased a 2 BR, 1 Bath home. Big mistake. The one bath really put the "kabotches" on the rental. Everyone wants 2 baths it seems. So, the rental history was NOT good. We had it in TV property management hands and they get 15% right off the bat. It also seemed somewhat ridiculous that our house was sitting empty most of the time and when we wanted to come for a visit, we had to pay them the percentage!
TV property management team does a good job as watchdogs but there are many private people there in TV that will do the same thing for a lot less money. Ask around!
Also, if you do decide to go with TV PM, they give you a very specific list of things your home MUST have before they will rent it out for you.
I am curious, is there anything out of the ordinary that they require you MUST have? Or pretty much things you would need anyway to provide renters? For instance, the place I rented they had only one 19" TV in the entire house. In this day and age I think that's absurd. Also no music at all, no radio, CD player or even phonograph player (not that I would have anything to play on it!) Those type things I think should be provided but I digress back to the point. What were the types of "must haves" please. Thanks.
|
__________________
Lick the lollipop of mediocrity once, and you'll suck forever.
|