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Updated over 3 years ago on . Most recent reply

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Betty Klein
  • Investor
  • Reno, NV
39
Votes |
66
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goofy renters in Reno

Betty Klein
  • Investor
  • Reno, NV
Posted

I recently was given notice by a tenant. November is not a good time to find new tenants in Reno. But when I posted my house, I got 5 applicants in 1 hour, and they keep pouring in. The stories are either their house is being sold or they need a bigger place because the 3 adults and 5 kids plus 2 emotional support pitbulls do not fit in the current accommodation.  They are reluctant to get veryfied- cash basis only. 2 women tried the tearfull approach. I am puzzled.  Do you experience similar tenants, or is this the reaction to the exodus from the Bay Area making housing scarse? The recent expiration of the Nevada eviction moratorium might play also a roll.

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2,350
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2,389
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Brian Garlington
  • Realtor
  • Oakland, CA and a Real Estate Investor with Multi-Family Units and a Self Storage Facility
2,389
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2,350
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Brian Garlington
  • Realtor
  • Oakland, CA and a Real Estate Investor with Multi-Family Units and a Self Storage Facility
Replied

I have rentals in Cleveland which is also a cold weather environment so we face the same thing in the winter time. The bottom of the barrell cash tenants. 

Don't fall for it,....it is literally better to have the property vacant than to have the 3 adults and 5 kids plus 2 emotional support pitbulls...........those tenants fail to mention they will also have an inlaw that moves in and that inlaw also happens to have an emtional support Mastiff and their own two kids.

What I did is I had my PM start accepting carefully screened Section 8 Tenants.......and that helped me get a good quality, long term guaranteed renter in the property. 

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