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Updated about 11 years ago,
My $3000 rent property now has turned over after 7 years. What am I going to do?
So I got this luxury property in a very nice gated subdivision in the northern suburbs of Atlanta. As a rookie investor, who had no idea how to invest in 2006 paid full price new construction for this SFR and now hoping that i can hold this home for another 1-2 years. My SFR rentals where I charge rent of $1600 are pretty easy for me to screen and select the right tenants. For this property, I am feeling a little nervous.
So far I turned down a Los Angeles Clipper basketball player and a Hip hop rap artist. But I just got an interesting application from famous gospel singer.
Check out this youtube video? He's got a voice from heaven. Should i take him in as my tenant?
http://www.youtube.com/watch?v=TfyNPleary8&list=ALBTKoXRg38BDIqwIzYgq1JAijm_qXM4-T