Just picked up another property, and Iām testing a simple strategy that might help some of you who want to make money in real estate without managing tenants long-term. Hereās what Iām doing: ā
Iām handling the listing ā
Iām doing the showings ā
Iām screening applicants + finding a qualified tenant ā”ļø Then I turn the property back over to the owner once the lease is signed No ongoing management. No maintenance requests. No month-to-month stress. I charge ½ of one monthās rent for the whole process. In this case, I'll get $1,025. The owner gets a great tenant, and I get paid for the upfront work. Itās basically leasing-only property management ā perfect for those owners who donāt want to manage marketing, showings, or screening but feel comfortable managing tenants afterward. Curious what you all think of this strategy: š Would YOU ever offer this? š If you're a landlord, would you pay someone ½ month's rent to handle the entire leasing process? š Any tweaks you would make? Drop your thoughts below. This could be another easy win for people trying to build income without taking on full management. š§ šø I would like to manage it long term and I think I'll get there at some point. This is a great way of making connections and building your brand. You can check it out here and let me know if you would change anything. https://listings1386370.tenantcloud.com/listings/184825