Re: TV Absentee Landlords
Livsea2..I did make an error in my post. I said TV property management charged you 15%... when it was actually 18%! It might even be more now. That was a few years ago.
They make quite an extensive list that they require you have in your rental home. I don't remember exactly but when we purchased the home, it was turn key and a former model home. We still spent a thousand dollars putting required items into it. It did require one television but we did purchase one for the master BR as well. They asked for an alarm clock for each bedroom so we purchased alarm/radio clocks. You did have to supply telephone service but they strongly suggested that it be hooked up just for local calls. We had an electric garage door opener installed. Rugs were required in front of each and every door opening going outside. There is a requirement of a minimum of drinking glasses, wine glasses, dishes, plates, pots, pans etc. Appliances required were toaster, iron and ironing board,flashlight. Also, we had to have emergency lighting installed. Bathrooms had to have a minimum of ...I think...6 towels, wash cloths,hand towels. The list goes on. I think it was two pages. We did use another property manager (privately) and she only charged us 10% per rental and when we came down to stay, we did not have to pay anything. Other things to consider is: you must have lawn service as well as bug protection. It does add up. We were also charged for cleaning services between tenants!
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