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Updated almost 11 years ago on . Most recent reply

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83
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Clinton Holmes
  • Investor
  • Arlington, MA
29
Votes |
83
Posts

Who Rents from You?

Clinton Holmes
  • Investor
  • Arlington, MA
Posted

Hello BP!

One mistake I think many new landlords, myself included, make when starting out is that they don't think about WHO they want to rent to and WHAT unique value / amenity they have to offer those renters.

This got me thinking, what are the different types of renter profiles and how are they different? Are some more valuable than others? Also, how are their housing needs different?

For example, if we just compared across major U.S. cities, how do the types of renters in Boston, differ from those in San Francisco, Washington, Houston, Phoenix, or New York City? Is their any difference in their needs, both physically and mentally?

So consider this a survey of sorts and help those at BP by answering the following questions:

  1. What type of people do you rent to? Why?
  2. What do you differently than other landlords to attract this people?

Thanks in advance BP!

-Clinton

Most Popular Reply

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28,423
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19,522
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James Wise#3 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
19,522
Votes |
28,423
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James Wise#3 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied

I rent to the 1st qualified tenant that hands me money & does not appear to be a pain to work with.

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