j

As a landlord I had a different experience than ab...

As a landlord I had a different experience than above, though my properties (three) are in Greenville TX. Previously I had to fire my first property manager as I lost 10s of thousands due to tenant damage and not paying rent, and the second was typical PM companies i.e. they're good at collecting the rent and standard paint/carpet but poor at everything else. As an example, when the rent was late I would have to remind them to check with the tenant in person and to do tenant damage repair in parallel vs. series.

Huntex has been the opposite. I rarely ever talk to them, and if a tenant is late on the rent it's an automatic eviction notice and enforcement on late fees. They're maximized rent when a tenant leaves vs. the standard 6% without even checking the market. I would highly recommend them as an investor, especially if you have properties that are in low income areas.

PS: Reading the tenant reviews, as a landlord it does not make financial sense to be a slumlord, even in the crummy areas I bought in. I get calls/emails from Huntex when tenants have major repairs and agree to fix them promptly. My houses are always in tip-top shape then leased, as again it doesn't make financial sense to rent them otherwise. Deposit issues are always an issue between tenant/PM/landlord but can usually be resolved with discussion, as if your claim is valid it avoids court costs. Finally, if there are actually issues of racism or other legal violations, those should be brought to either the authorities (it is a federal violation to discriminate on race) or otherwise it's a trivial process to find out who actually owns the house and reach out to them directly. I personally do not want to be a party to any felony lawsuits.

Comments:

No comments