Comments on: Potential tenant stories http://www.livelearninvest.com/potential-tenant-stories/ Living life to its fullest by generating passive income through investments Thu, 02 Feb 2012 03:11:13 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Potential tenant stories http://www.livelearninvest.com/potential-tenant-stories/comment-page-1/#comment-13829 Potential tenant stories Mon, 29 Oct 2007 18:06:54 +0000 http://www.livelearninvest.com/blog/potential-tenant-stories/#comment-13829 [...] Kenric Made a great post today on www.livelearninvest.comThe first few lines…. [...] [...] Kenric Made a great post today on http://www.livelearninvest.comThe first few lines…. [...]

]]> By: Trisha http://www.livelearninvest.com/potential-tenant-stories/comment-page-1/#comment-13694 Trisha Fri, 26 Oct 2007 05:40:41 +0000 http://www.livelearninvest.com/blog/potential-tenant-stories/#comment-13694 You're right! And, I discovered that if they ask for an app to take with them to fill out and return later, you'll never see them again. So, I just got to where I would tell people, "No, the app would need to be filled out here, today." I just hated to waste the paper! You’re right! And, I discovered that if they ask for an app to take with them to fill out and return later, you’ll never see them again. So, I just got to where I would tell people, “No, the app would need to be filled out here, today.” I just hated to waste the paper!

]]> By: Another Investor http://www.livelearninvest.com/potential-tenant-stories/comment-page-1/#comment-13565 Another Investor Mon, 22 Oct 2007 22:43:05 +0000 http://www.livelearninvest.com/blog/potential-tenant-stories/#comment-13565 If your price is right and the condition and amenities are what the market requires, good tenants will appear. Tenants that approach renting as a business transaction know prices and what they are looking for. They may look at competition if there is any, but they usually decide quickly. The tenant that comes with security deposit issues, roommate baggage, or a dirty, junky car is not your tenant. If all you get is flakes, you need to reduce your rent until you attract a better class of tenant. Conversations like the one you had are always very informative. If I am renting (vs the manager), I try to eliminate unqualified people before I show the property and only show it to interested, qualified tenants. I tell people before I show that I can't make a decision until I have run credit and checked rental references. Better not to have a tenant for a month than to have a bad tenant... If your price is right and the condition and amenities are what the market requires, good tenants will appear. Tenants that approach renting as a business transaction know prices and what they are looking for. They may look at competition if there is any, but they usually decide quickly.

The tenant that comes with security deposit issues, roommate baggage, or a dirty, junky car is not your tenant. If all you get is flakes, you need to reduce your rent until you attract a better class of tenant.

Conversations like the one you had are always very informative. If I am renting (vs the manager), I try to eliminate unqualified people before I show the property and only show it to interested, qualified tenants. I tell people before I show that I can’t make a decision until I have run credit and checked rental references.

Better not to have a tenant for a month than to have a bad tenant…

]]> By: knuckleheaded http://www.livelearninvest.com/potential-tenant-stories/comment-page-1/#comment-13555 knuckleheaded Mon, 22 Oct 2007 13:10:28 +0000 http://www.livelearninvest.com/blog/potential-tenant-stories/#comment-13555 Also, a person who is serious applies/rents on the spot. I don't think I've ever had someone say, "I'll think about it" and end up renting. Also, a person who is serious applies/rents on the spot. I don’t think I’ve ever had someone say, “I’ll think about it” and end up renting.

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