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Updated about 11 years ago,

User Stats

1,368
Posts
647
Votes
Mark Updegraff
Agent
Property Manager
  • Investor
  • Rochester, NY
647
Votes |
1,368
Posts

First Last and Security?

Mark Updegraff
Agent
Property Manager
  • Investor
  • Rochester, NY
Posted

I'm considering going from First & SD to First, Last & SD after speaking with a fellow buy hold investor. He said he has had no trouble and people generally do what it takes to get the rental. In my market it is pretty uncommon, and I just tried out the strategy and it did not pan out. The tenant could not afford the rate, and they went with someone else's unit. I had ours priced agressively, and the tenant wasn't my top pick, so I'm not upset at all.

Just curious what yall' do in your markets? I know First, Last and SD will reduce risk pretty drastically.

What do you think?

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