A rooftop view of Orlando’s real estate market, trends and neighborhoods

Archive for the ‘Rentals’ Category

Renting Tips

Sunday, September 2nd, 2007

forrentsign2.jpgWith the Buyer’s market we’re currently working through, there are many homeowners who can’t sell their houses and for one reason or another are forced to become landlords.

I have had two rental properties in East Orlando for about five years (by choice). The other day a friend called me and asked for some tips on how to rent his house. Although I’m not a pro, I have been doing this for five years without a management company and was able to give him some tips on where to advertise and how to interview prospective tenants.

This post is for the average homeowner, who doesn’t know a lick about renting their house and is trying to avoid the cost of a management company. By the way, I have nothing against management companies. I would probably use one but I need to save as much money as possible because the rent to mortgage ratio is so tight.

This is what I do…

(more…)