Reply to New to being a landlord - what haven't I thought about/considered?

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[quote=Anonymous]I've been a landlord in DC for 15 years and honestly have never once had a serious problem with any of my tenants, ever.  At the same time, I haven't done any of the exhaustive credit checks, reference checks, and other stuff that so many others are recommending.  Maybe that makes me an idiot, I don't know.

There's a whole lot you can learn about potential tenants simply by reviewing their social media.  Especially if they're on the more professional sites like LinkedIn.  I've done that, met with folks, and then gone with my gut.

Maybe I have too much faith in humanity, but generally speaking gainfully employed people with reasonable educations and presences on social media, who present themselves cleanly and pleasantly, and who can come up with the security deposit and first month's rent at the blink of an eye can be assumed not to have plans to become squatters.

I will say that the one thing that you do need to be keen to is the tenant who for whatever reason doesn't tell you when something's wrong in the rental.  You can't fix a problem that you don't know exists.  We try to preempt this by making it very clear to tenants that we WANT to hear from them on these things, and beyond that we provide a free monthly cleaning for our tenants as part of the lease.  Not only does that help keep the place clean, our cleaner will tell us if there's a leaky faucet, etc.

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