Disclaimer: I am not racist, but my dad may be.
I am marketing my first rental and have had a few calls. My dad advises me not to rent to colored people because he says the property value will drop, it will alienate the neighbors, homeboys will take over the property, etc.
This really makes my blood boil because he has never been a landlord and his advice seems highly unprofessional. My dad and others have been very helpful in fixing the place up and I think they just want to give me their honest advice, but I can't take it.
Here's how I see it. I treat all prospects the same, gather application info, and screen them based off legal criteria. If they make it, I rent to them and collect the rent. Simple right?
I know some have been in my shoes, and I need to hear from you. Thanks.
