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Updated almost 7 years ago on . Most recent reply

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Thomas J Kerns
  • Saint Peters, MO
2
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House hacking: question about tenants

Thomas J Kerns
  • Saint Peters, MO
Posted

I am looking to dive into REI and I've decided house hacking is the best route to go. One of the things I am concerned about is tenants knowing their landlord is a door away and knocking on my door about any and every tiny issue. Obviously a good way to reduce this is screening my tenants but a lot of the multi family listings I am finding already are occupied. Any advice or helpful tips?

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Landlords have a responsibility to train their tenants. You shape them into the tenant you want, If they are annoying you teach them that it is not appropriate and they will stop, or you get rid of them. It is a business and as long as you are professional about your dealings with tenants they will learn. Never develop a friendship with tenants, they never respect or fear a landlord that is a friend. 

The advantage of M2M leases is that you have total control over your tenants, when a tennat is not working out you have th eoption of replacing them. 

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