midnightsadie wrote:
glad I,m in the 5% range, I have seven houses oldest tenant 23yrs youngest 13yrs I have very little problems, most fix little things them selves, and big things need a pro.
My leasing company does not and neither do I allow any tenant to 'repair' anything. I want it done professionally not a shoemaker job and it's a write off anyway. Cost of doing business. No painting, no changing fixtures, no nails in the walls either. No pets and no smoking.
Everyone signs a lease, has a credit check and pays a 2 month up front security deposit and I demand renters insurance as well. You hold your standards high you get quality people who can actually pay the rent on time.
None of my houses are dumps, all are brick ranches on acerage with central air and attached garages. I even have a lawn service do the mowing and trimming and a contractor do snow removal.
Took me a little while to get wise, but I am now and turning a profit.