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Updated about 11 years ago on . Most recent reply

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Joe Fairless
  • Investor
  • Cincinnati, OH
1,432
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What's your #1 tip for finding a tenant that stays a long time?

Joe Fairless
  • Investor
  • Cincinnati, OH
Posted

After hearing about some crazy success stories (or what I consider success stories) on having tenants stay for 15 - 20 years, it got me wondering.

What's your #1 tip for finding a tenant that will stay in for many years?

And what's your #1 tip for keeping them in your property for years?

Most Popular Reply

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Ryan R.
  • Real Estate Investor
  • Central, TX
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Ryan R.
  • Real Estate Investor
  • Central, TX
Replied

1.) Finding a long-term tenant:

  • A tenant who has lived in that city/town for many years.
  • A tenant who has limited economic opportunity or interests in career improvement.

2.) Keeping long-term tenant:

  • Take away any incentive for them to move. AKA provide a better value than any competitor.

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