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Updated about 7 years ago on . Most recent reply

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45
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18
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Grant Pope
  • Mankato, MN
18
Votes |
45
Posts

First time searching for renters

Grant Pope
  • Mankato, MN
Posted
I am just starting my search for my first tenants of my second rental property. My first property has been rented by family and has been a breeze. I am now moving onto a property that family won’t be living in. The town it is located in is a big community and growing, but has a reputation for some dead beat tenants. I am just starting to look for tenants in the town, does anyone out there have any tips for me getting started? Any how tos? Should do’s? Should not do’s? Anything to watch out for? Any help would be greatly appreciated! Love the BP community!

Most Popular Reply

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1,272
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930
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Ray Harrell
  • Investor
  • Chicago, IL
930
Votes |
1,272
Posts
Ray Harrell
  • Investor
  • Chicago, IL
Replied

Develop your rules and your restrictions and don't bend from them. NEVER smile while showing the place if it's in that kind of neighborhood. Deadbeats will look for any sign of kindness or friendliness. Establish your rules firmly and stick to them. NO EXCUSES for late rent...I don't care if the job burned down and the tenant lost a leg. Say you're sorry, and you will be there to collect rent on the 1st.

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