For Jim_NC - About Rentals - Posted by John Estell(Denver)


#1

Posted by John Estell(Denver) on December 02, 1998 at 09:43:02:

When you get the deal from them, do they ask you what are you going to do. I mean do they ask you if you are going to sub-rent or lease? Thanks. I just don’t know, do they frown on that?


#2

For Jim_NC - About Rentals - Posted by John Estell(Denver)

Posted by John Estell(Denver) on December 01, 1998 at 15:24:40:

Jim once you leave the message for the parties about purchasing the rental for long term then what. Do you act as though you would with L/O for actual home sellers. How long of a term is long term - 3 or 4 years or what. How do you negotiate the asking price. I’m new and just need to know. Thanks.
John.Estell@mms.gov


#3

Re: For Jim_NC - About Rentals - Posted by Jim_NC

Posted by Jim_NC on December 01, 1998 at 15:51:45:

When the people call me back I just talk to them and get a feel for what they want for rent and a price for their house. The main thing is to find out how motivated they are. Some people will call and they want full rent and price for the house. I don’t fool with them. I just tell them that at this time I could not give them what they want and if they change their mind to hang on to my phone number.

I try to get as long a lease as possible. So far the average is three years.