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Updated 10 months ago on . Most recent reply

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Justin Segarra
7
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Need Advice on finding and screening tenants for Single-Family House hack

Justin Segarra
Posted

Hello everyone, I am curious to know how everyone found tenants for their single family house hack and what platform they used. I am currently looking to purchase a single family to house hack since multifamilies are few and far in between in my price-range, or they're in iffy neighborhoods. I am currently pre-approved for 300k with the VA loan, willing to put a down payment if i see a deal a bit overbudget. My fear is not being able to find good tenants in a reasonable time frame. Any advice?

Most Popular Reply

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Nicholas L.
#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Flipper/Rehabber
  • Pittsburgh
4,017
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Nicholas L.
#5 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Flipper/Rehabber
  • Pittsburgh
Replied

@Justin Segarra

you got great responses about screening so i want to respond to something else you posted

"fear is not being able to find good tenants in a reasonable time frame"

homeownership and investing is a very, very long term play and it is absolutely worth it to WAIT for good tenants.  i am glad you mentioned this because everyone has different concerns.  so here's my advice:

fill immediately with bad tenants to avoid vacancy? nope nope nope

wait a few weeks or whatever to get good tenants and screen properly? yep yep yep

  • Nicholas L.
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