[quote=briansd1][quote=flu]So I’m curious if one has a house in a not-so-professional area, what constitutes your criteria for a “good tenant” without taking your criteria too extreme that it no longer fits the tenant pool in your area?[/quote]
That’s a very interesting question.
Some detectives or psychologists will tell you that it only takes them 10 minutes of conversation to determine the character of a person.
It’s kinda like that for me. I think when you meet the person you know who you’re dealing with. I like to take my tenant applicants to lunch for small talk.
Most important, trust but verify. Check employment, credit and references.
I would avoid the worst areas or price it into the purchase price.
BTW on the ad I come straight out and say it. “No slobs or dirty people should apply. I don’t accept excuses for late rent, but, in return, I offer a nice place to live.” It’s a little harsh but people recognize themselves.
Another thing is that I don’t like kids because they destroy things. But I don’t think that you can discriminate against families.[/quote]
But it’s it kinda discriminatory even say
“No slobs or dirty people should apply. I don’t accept excuses for late rent, but, in return, I offer a nice place to live.”
and ye…., saying no kids is a definite no no because it pretty much violates the fair housing act….
