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Reply to "how to be a successful landlord (i.e. right way to choose tenant and avoid problems)"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Lots of funny comments on this thread. It's not rocket science, but there is a lot to being a good landlord. Looking for a tenant can be a big time suck. Here is what I do: Post ads on Facebook Marketplace and Zillow Immediately screen with the following questions- How many people? When do you want to move? Credit score? Income? Pets? Smoke? Check social media/facebook for unhinged type behavior. Even though I would likely not rent to lawyers or military, there is a lot more to reducing risk. You really need to be a good judge of character and go with your gut feeling. Are they professional in their communication with you? Do they seem trustworthy or are they a gasbag? Is their life full of personal failures? Do they have questions for you, the landlord? A good tenant will typically expect the landlord to be responsive and professional. Only show the property to the best prospects. I keep the price of my rental a little under market value so I can be somewhat picky. Remember, this is a business and not some type of social justice project or charity. [/quote] What is wrong with layers or military? My lawyer tenants have been great with good income and credit scores.[/quote] Shady landlords don't want lawyers because they will win in court and know their rights as renters. I have rented to lawyers in the past and never had issues.[/quote] This varies by person obviously, but lawyers are a PITA to deal with, both professionally and personally. They think they are clever and love to play word games, which is just annoying. They also think that life is dictated by rules and contracts. There is a time and a place for these things, but that isn't how normal people run their lives. You want a 72 hour notice before entering the property. That's fine, A-hole, but don't expect me to do you any favors. Trust me, it's not in your best interest. And military personnel can break lease, so not interested.[/quote]
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