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Old 08-23-2016, 04:37 PM   #24
PaperBagger'14
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Join Date: Apr 2013
Location: Cowtown
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Sorry for the necro-bump here but I'm looking for some advice. I have a home right now that I have lived in for ~9 years. I easily have the equity in this house to refinance and make a 20% down payment on a second house. My big worry right now is the rental market, so I am planning on using a property management company (undecided which one). When using a property management company, is there any rental income protection in case the company cannot find tenants? What other clauses are common to find in an agreement with property managers? I'm curious as to the layout of these agreements as I would like some security in this investment. Thanks in advance!
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