Finding tenants in Cleveland

[Evan Thomas Andriola]

Cleveland investors,

What are your thoughts on investing in a property that is currently vacant? How difficult is it to find tenants that are willing to pay market rent? Is it safer to find a property already occupied?

[Jana S.]

We like doing that. It's much better to be able to do your own screening as oposed to hoping the seller did their homework :-) If the property is clean and the rent is fair, it should rent out quickly. Even when you buy a property with tentants, you also have the risk that they stop paying you and since you didn't screen them, you are left with just hoping they won't do that.