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Rainmaker
784,786
The Woodland Team of Texas
The Woodland Companies - Austin, TX
Land Specialists

Not my first choice, but it is part of the plan so we keep at it.

Jan 07, 2019 11:13 PM
Ambassador
6,393,179
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I am sure there are at least a million things I would rather do.

Sep 08, 2015 04:52 PM
Ambassador
3,164,294
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

used to do some property managment. Hated it, will not do it again. EVER.

Sep 08, 2015 01:45 PM
Rainmaker
129,698
sandy straley
Rindlesbach Homes - Salt Lake City, UT
Selling Homes for over 40 Years

Yes....over the years I have bought real estate as an investment.  It is paying real well. . . .  I rent out my properties as well as handle past client properties. . . . on my way to retirement. . . . .

Sep 15, 2015 03:25 AM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Captain Wayne - Rowlett Real Estate School I personally do not like the rental business. However, for special clients, I do list rentals.

Sep 12, 2015 01:23 AM
Rainmaker
4,572,117
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

It's part of the service I offer although not a signficant part of my business. 

Sep 09, 2015 01:14 AM
Rainmaker
212,755
Stefan Winter
Real Estate in IL & NV | Owner of Real Estate Web Tech | Daily Vlogger - Las Vegas, NV
Owner - Winter Group & Real Estate Web Tech

I would not mind it for myself, as for doing it for others I'd rather not deal with it.

Sep 09, 2015 12:05 AM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Captain Wayne - Rowlett Real Estate School I've done a lot of commercial leases, but don't want to be in property management.

Sep 08, 2015 11:16 PM
Rainer
61,641
Renee Paray
Coldwell Banker Realty - Blue Bell, PA
REALTOR

I started out doing rentals. I found that most of the people looking for the rentals were not qualified to get through the process. 

Sep 08, 2015 11:10 PM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Not on your nelly, Captain Wayne!

Sep 08, 2015 10:01 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I like to list rental listings and help find tenants.

Sep 08, 2015 09:55 PM
Rainmaker
846,475
Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

I can definitely say I could do it as I have been a landlord for the past 34 years and owned a hotel which is sort of like being in the rental business.

Sep 08, 2015 08:00 PM
Rainmaker
2,538,633
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Captain Wayne. Have owned rental property for many years, I don't mind it at all, it has served me very well.

Sep 08, 2015 07:32 PM
Rainmaker
1,502,998
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I love it!  I have three rentals that I own.  They have allowed me great freedom and the ability to go into real estate.

Sep 08, 2015 04:29 PM
Rainmaker
979,496
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Captain Wayne - As far as working with clients to help them find rental property, I would have to say no, am not interested. Most property managers won't even pay an agent anymore when they do bring a tenant.

As far as buying homes and renting them, yes. We have one rental property, and I would like to have at least a couple more within the next 5 years.

Sep 08, 2015 04:27 PM
Rainmaker
1,771,867
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

No Captain Wayne but I like to keep it going so as a service I will do rentals for some of my clients.

Sep 08, 2015 01:32 PM
Rainmaker
761,481
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

It definitely is not as glamorous as it sounds.  The teachers at the school I work in think that being a landlord is such a great idea.  Because we just sit back and get all that "extra" money each month.  They're sure I'll be able to retire soon.  Not so!  I have tried to point out that there are many expenses that go along with this - mortgage payments, insurances, property taxes, eviction costs, not to mention lost revenue for any periods of time where the unit isn't rented.  I no longer tell them anything  I just smile and nod.

Sep 08, 2015 01:10 PM
Rainmaker
657,208
Martin E. Kalisker, Esq.
Natick, MA
Real Estate Law From A Practical Perspective

Most are answering as if you were asking about being in the property management business. I won't do this because my E&O carrier won't cover me it takes a completely different set of skills to be a property manager. To run a rental/leasing division in our office - I have done this in the past but have now scaled it back to only rentals for our corporate relocation business (where rents are typically $5,000 and over per month) and landlord representation only. With over 164 colleges and universities in the greater boston area, there are plenty of non-realtor offices that do rentals the wrong-way, and my agents just get too frustrated with the clientele, the agents and the compensation.

Sep 08, 2015 12:55 PM
Ambassador
2,178,553
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Yes!  When I opened my own office in 2008, I picked up a 14 4-plex complex (56 units) to manage.  It was during the downturn in real estate.  I can't say I enjoyed it, but it wasn't bad and it did guarantee income to pay monthly office expenses and additional income.  My "sales" were gravy.  

Sep 08, 2015 12:40 PM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I am in the rental business and my husband and I share the duties. We began buying rental properties 30 years ago and called it our retirement plan. Now we call it our inheritance to our kids.

Sep 08, 2015 12:36 PM
Rainmaker
1,239,901
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

not if I can help it... Tenants are pickier than buyer but has no money....

want brand new flooring, carpeting, do not like color etc....

Sep 08, 2015 12:12 PM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

It seems pretty time consuming. I'm thinking about getting a few properties and managing them myself, but I don't want to go beyond that. 

Sep 08, 2015 11:49 AM
Rainer
231,224
Mike Rock
Complete Design - Granite Bay, CA
Granite Bay Luxury New Construction...For Less

no.no.no. but... we are going to build a 50 unit rental complex and rent it. the saving grace is a professional rental crew on site with nerves of steel and ice in their veins :)

Sep 08, 2015 11:21 AM
Rainmaker
3,340,443
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Been there...done that and after spending most on one month in court ...the court commissioner calling me by first name and telling me dirty jokes in the elevator...I was finished being a landlady....happy to sell it, not to own it !

Sep 08, 2015 11:15 AM