Hi everyone, I’m very new in this business. My objective is to buy houses after they’ve already been renovated and rent them out. I know not very “sexy” but it seems like the simplest plan. My question is what methods have you guys used to find responsible tenants?
DeAnna Spencer
check their credit
verify prior payment experience with landlords or bank
verify work history
require a big deposit upfront. this alone weeds the garden quite a bit.
And get friendly with a local real estate attorney that handles landlord tenant matters - you need to use a good lease to protect yoursel.