Spam prevention
Submit
Rainmaker
4,726,834
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

No... we're lucky if we earn $200 on doing a rental. Not worth the investment of time or money or gas.

Sep 19, 2022 11:12 AM
Rainmaker
1,050,120
Peter Mohylsky
PMI. Destin - Miramar Beach, FL

Not really except for my own.  it is very intense and i expect it to grow problematic  

Sep 19, 2022 11:00 AM
Rainmaker
1,119,418
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

No. I have never done rental business.

For me, more concentration on finding leads for sales and purchases is the ticket.

Sep 19, 2022 11:59 AM
Ambassador
3,209,124
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

That would be a hard NO for me.  

Sep 19, 2022 11:44 AM
Rainmaker
1,793,215
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Nope, wouldn't dream of it.

Sep 19, 2022 10:53 AM
Rainmaker
2,719,140
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

If all goes right, rentals perform. If all goes bad, prop mgmt needed

Sep 19, 2022 01:04 PM
Ambassador
2,883,129
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

An absolute N-O!

Sep 19, 2022 12:39 PM
Rainmaker
4,547,704
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I would still pass on it. 

Sep 19, 2022 12:18 PM
Rainmaker
2,183,235
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

It depends on what you mean by "handle" being a property management company is a whole nother animal and in my view it is in it's self a full time job. I guess my answer would be NO.

Sep 19, 2022 11:48 AM
Rainmaker
463,646
Jane Nicastro-Disch Warren NJ
Weichert Realtors - Watchung, NJ
NJ Estates Real Estate Group of Weichert Realtors

We have been doing it all along, we have agents that specialize in it.

 
Sep 19, 2022 10:58 AM
Rainer
335,030
Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

nope, nope and more nope.

Sep 19, 2022 01:19 PM
Rainmaker
867,982
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Rentals can be a challenge, but might be good as fillers.

Sep 19, 2022 12:39 PM
Rainmaker
974,982
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Residential, no, way labor intensive and never pencils out. 
Commercial (industrial, no office ever, only big retail) as long as I am not expected to manage. 
The market correcting will send weak/lazy agents away, this is prime time to spit-shine our brand and take advantage of it!

Sep 19, 2022 04:08 PM
Rainmaker
13,267
Brian Petruzzelli
LA and Las Vegas Real Estate - Hermosa Beach, CA
LA and Las Vegas Homes For Sale

I typically choose not to handle rentals. The prevalence of third-party sites like Apartments.com, Zillow, etc. make it so easy for people to list rentals themselves or for people to find the right rental for them that it simply would not be worth my time. Furthermore, the demand for rentals in the Los Angeles area is so high so I will continue exclusively managing the buying and selling of homes in the Los Angeles area.

Sep 30, 2022 10:47 AM
Rainmaker
724,246
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

No, it is beyond my expertise and there are too many well established companies out there.

Sep 21, 2022 11:53 AM
Rainmaker
1,456,492
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I have worked with rentals for over a decade... but on the listing side.  In my county the SOC varies wildly from something that will fill your gas tank to a cup of coffee at a fast food drive through.

I've filled about 30-40% of my rental vacancies with agents.  Most have been through the online portals that I can post to myself.

Sep 20, 2022 08:04 AM
Rainmaker
841,278
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
Carolina Life RealEstate & Relocation 919-602-8489

I don't think so. Rentals aren't something I'd want to do. There are plenty of rental companies out there. Now, if I were in your area with a lot of vacation rentals I "might" reconsider. 

Sep 20, 2022 05:37 AM
Ambassador
5,961,705
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I am at a stage of life where I can chose to work on projects that I enjoy.  My own rentals are one of those projects that I delegate to others.

Sep 19, 2022 09:04 PM
Back to Top
Ask a Question

Our real estate Q&A site is a place where real estate professionals can ask their peers questions so we can all learn and grow as a community.

Members of our community can ask, answer, like, and subscribe to questions. Visitors to our site can read the questions and answers that were marked as “public” by the author.

Recent Questions
View All Questions arrow_forward