Quote:
Originally Posted by asianthree
Only used Village4rent. From 2011-2022. Long term only. Each home started with one year lease, with option to renew 90 days prior to lease end date. Our average yearly response 65 applications. Narrow to 5 within a week. Ran background, references sometimes can just a a friend or family, not a previous landlord. No Pets, No Smoking.
Of our three rentals the tenants stayed 3-11 years. Zero issues but sometimes gut feelings made our decision, which worked well. We required deposit of one month, plus first and last month rent.
No idea how the market stands today, but the type of home make a difference
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We were looking to come up first and rent for a month with the end goal being a future buy and doing a 1031 exchange of a rental we have now. A realtor contacted me and the rents quoted were much lower and disappointing than what I had been thinking of.
When I questioned her more about it, she told me if we had a pool, it would rent at a better price.
You can give me a range of the rents you got. (2020 to 2022).
Thanks!