Self managing and renting to tenants
Hi there,
I am ready to rent out two apartments after extensive renovations on my first rental property in Jersey City, NJ. After having inherited some uncooperative tenants who caused a lot of stress and agony last year, I am a little nervous about finding new tenants.
I have read Brandon Turner's book and others on managing rental property and understand how to screen and run background checks. But I am still uncertain what the best way to find great tenants. Do I take pictures myself and run an listing on an rental website? Is one website better then others? Should I be on all of them? Appreciate any thoughts and advice from all the wisdom here on BP!
Thanks so much!
Mansi
Most Popular Reply
Mansi,
Congratulations on the first property! You've done you homework, time to jump in.
I love to copy others. Find a professionally listed place that looks great in your market. Advertise like them. If they're on Craigslist, Hotpads, Zillow and Rent.com; do the same. Take pictures like theirs. Use a yard sign like theirs. Benefit from their knowledge (until you build you own preferences).
Be ready to go with the application, lease agreement, etc. You'll do great!
Good Luck!
Chris