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Reply to "New to being a landlord - what haven't I thought about/considered?"
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[quote=Anonymous][quote=Anonymous]This is what I do, 1) Advertising on Zillow with very good pictures and $50 a month less than my competitors. 2) Have an open house on Saturday for interested tenants. 3) Narrow down the best potential tenants based on their profile on Zillow income, credit etc… 4) Invite potential tenants for Credit and income verification on SmartMove.com and sign the lease. 5) Collect monthly rent on Apartments.com 6) Text communications with tenants. 7) Understand that once the squatters take over, you might as well move on to a new property. [/quote] I'm sorry, I really struggle with the idea of #7. WHy invest at all if that's the case?[/quote]
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