OfflineOne of the greatest tips dealing in rentals that I have ever received when dealing with single family residences is to take an application from a renter. On the application it will ask for the current location where they, the possible renter, live.
Once their current address is know you would then have a friend who is unknown to the potential renter drive to the home, usually in the evening.
The friend will knock on the door and ask for some address(it does not really matter the address and may even be made up) in the area.
While directions to the address are given the friend has asked for the friend will look inside the home.
The condition of the home at the time the friend is looking will tell you very quickly how they will treat your property.
Keep this in mind and you will find an easier time finding and dealing with better quality tenants.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125
As I get older I find that people respect you more and shoot straighter with you if you're up front with them. Why send a friend? Then you'd just be getting your friend's "opinion" which may differ from yours. I would go myself and tell them exactly why I was there. Then I would tell them that if they are the tenants I choose, I will give them $20 off their first month's rent for the "intrusion".
I like this idea..Thanks for sharing. Good tip!!
I love this ideal. I think that doing personal due dilligence is always necessary. If you are turning the keys of a nice home that you have, over to someone and you are suspect enough to do a personal drive by or send a friend, either way you are trying to catch someone off guard - but the key is your suspicion, if your gut feeling tells you that you must do this - they may not be the person that you want in your nice home in the first place! I do love being a straight shooter - great job!
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125