charlotte property manager Tag

Charlotte Property Management Weekly: Better to Rent or List Your Home for Sale? 3 Question Litmus Test

This seems to be a FAQ these days. As a property manager in Charlotte, we get many calls from people asking themselves this question.

I didn’t think there was a one-size-fits-all answer to this, but I was corrected. It just seems to come down to who you ask.

Charlotte Property Management Weekly: 700+ Credit Score Tenants Not the Best Option for your Rental Home?

He wanted to make sure that we placed a rental tenant into his home that had 700+ credit scores. That was it.

I told him I didn’t think that was a good idea; it would reject a lot of better suited applicants. He told me I was crazy (in so many words).

Charlotte Property Management Weekly: Wouldn’t You Want the Market to Know Your Rental is For Sale?

However, in an increasingly illiquid market, most wanna-be sellers are turning to the rental market to decrease the short-term pain of monthly payments on their vacant homes. What they really want to do is sell (and not of the short variety).

Charlotte Property Management Weekly: The Only Property Management Question You Need

Here’s the logic: if you put the average Charlotte house up for rent for $100, we could have someone locked up today to rent it. Conversely, if you put your house up for rent for $10K today, it would take us years to fill with a tenant (if ever).

The equation is: