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Updated almost 3 years ago on . Most recent reply

User Stats

7
Posts
2
Votes
Demetrius Pettway
  • Contractor
  • New York
2
Votes |
7
Posts

Useful House Hacking and Advice?

Demetrius Pettway
  • Contractor
  • New York
Posted

Im planning on house hacking my first property but confused on how to go about finding a decent to good tenant and the overall management of tenants. 

Should I use a lawyer to help me establish leasing agreement? How would I be able to do legal background checks on people? How do landlords set up accounts or systems to receive payments from tenants?

Most Popular Reply

User Stats

180
Posts
157
Votes
Zambricki Li
  • Real Estate Agent
  • Los Angeles CA + Lake Tahoe, NV and CA
157
Votes |
180
Posts
Zambricki Li
  • Real Estate Agent
  • Los Angeles CA + Lake Tahoe, NV and CA
Replied

BP has leases right here on the site.  I purchased one from local attorney- it's worth doing especially in states that heavily regulate. You can find good tenants on Zillow rentals depending on location. Also if it's furnished on airbnb 30 day minimum you can find great semi long term tenants on the platform.

There are a bunch of options for software to set up payments though most importantly do your background checks. Most of the payment processors have this as an option. You can send a tenant a link to apply and they will sign up for the software to pay at the same time.

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