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Rainmaker
5,113,121
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
1,206,616
Peter Mohylsky, Beach Expert
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

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

Sep 19, 2022 11:00 AM
Rainmaker
1,323,529
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
3,349,554
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

That would be a hard NO for me.  

Sep 19, 2022 11:44 AM
Rainmaker
1,847,051
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Nope, wouldn't dream of it.

Sep 19, 2022 10:53 AM
Rainmaker
2,784,726
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
3,139,060
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
4,961,536
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
2,400,425
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
501,683
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
381,167
Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

nope, nope and more nope.

Sep 19, 2022 01:19 PM
Rainmaker
902,038
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
1,056,432
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
Rainer
16,288
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
766,079
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
1,506,163
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
906,347
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
NC Real Estate Transition & Relocation 919-602-848

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
6,418,755
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
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