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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]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] Military is the best. Worst case is they have to break the lease early with orders. Best case, they treat your rental like a home and do an amazing job with gardening- we had a family rent for three years and the wife wanted to know if she could rip out our shrubs and garden, we said year and when they left the house had the nicest yard on street. You don't have to worry about them not paying and there is a good change they're handy enough to not bother you with minor repairs. We're lucky enough that our last few tenants have been recommended by the exiting tenant [/quote]
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