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Old 09-22-2022, 08:03 AM   #41
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Originally Posted by Morricol61 View Post
Red Corvette, have you thought about renting out your home for the next 12 months while you are paying rent to live elsewhere?
That's an interesting idea but I don't know much about it. I do know I don't want to be a long-distance landlord. That assumes some sort of rental management company. I've seen ads for something called Rental Warehouse but I don't know if they are legit.

Anyone have any experience with rental management companies?
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Old 09-22-2022, 10:41 AM   #42
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As mentioned before, I lived in Lawrenceville. After 10 years in a very nice neighborhood (Rivershyre), the original homeowners started moving and the atmosphere changed. We were being bombarded by foreigners (legal aliens). The entire Atlanta Northern Perimeter has changed--including huge retail malls and shopping closures.

As you mentioned, NW South Carolina is attractive with mountains and lakes. Another great place to live is Auburn-Opelika, AL--100 mi. SW of ATL. We also love the NE Georgia area around Hiawassee-Blairsville. If money was no limit, Highlands-Cashiers is very beautiful. North Alabama and Chattanooga has the incredible Tennessee River--and that's why we're in Huntsville (lake house.) You just have so many directions you could go--if you can break ties with Hotlanta, Capitol of the South.
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Old 09-22-2022, 11:25 AM   #43
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Originally Posted by Red Corvette View Post
That's an interesting idea but I don't know much about it. I do know I don't want to be a long-distance landlord. That assumes some sort of rental management company. I've seen ads for something called Rental Warehouse but I don't know if they are legit.

Anyone have any experience with rental management companies?
We had a rental management company when we rented out our town house in Hawaii. In fact, absentee landlords are required by state law to use a registered rental agent. We were ultimately happy with the service, but it costs 10% of the rent. But it's nice to know someone is keeping up on maintenance and repairs as well as insuring that rents are coming in on time. Our agent was careful about references and insured that we always got our rent and that all appropriate forms were filed (state excise tax in our case.) I would consider it good money, well spent in our case. Not sure everyone is like that so YMMV.
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