Quick and Easy Means to Find Good Renters
Quick and Easy Means to Find Good Renters As a landlord, you want to protect your investment, but you don’t want your rental unit to remain vacant for a long period of time, which damages your profit potential. While you might be tempted to rent the property quickly without regard for tenant quality, renting your unit to unqualified tenants may cause costly, time-consuming problems down the road. For example, if you end up with a tenant who fails to pay rent, you may end up having to evict them and start at square one again. According to a TransUnion survey, evicting a tenant may take up to 3-4 weeks, and costs an average of $3,500. Learning how to find good tenants can be stressful, particularly for landlords with little experience or new to renting out their property. In a 2014 SmartMove user survey, property owners expressed some clear concerns about bringing on new tenants, the top concern being payment problems. Fortunately, Trip Donkey is here to help ...