Episode Details
Back to Episodes
First-Time Landlord? How to Find Great Tenants on Your Own (Rookie Reply)
Description
Ready to rent out your property? Set up the right systems from day one, and you’ll attract better tenants, avoid costly rookie mistakes, and keep more cash flow in your pocket!
Welcome back to another Rookie Reply! We’re starting today’s episode with a first-time landlord who is renting out his home near a military base and wants to get it right from day one. We’ll share the resources for every step of the leasing process, plus what to know before renting to service members. Then, a new house hacker wants property management software that will grow with his portfolio. Ashley explains what to compare before you commit, including payout times, hidden fees, and the tenant experience. Plus, the property management perks that come with BiggerPockets Pro.
Finally, another first-time landlord gets ready to place his next tenant without an agent. We map out the DIY turnover, from move-out inspection to listing, screening tenants, and setting the right rent! We also cover the one mistake to be cautious of, and when hiring a property manager is actually the better deal.
Looking to invest? Need answers? Ask your question here!
In This Episode We Cover
How to rent out your property the right way, from day one
What landlords should know about renting to military families
The DIY leasing process for placing tenants without an agent
Where to list your rental and how to pre-screen before anyone pays
How to price your rental (and signs you’re charging too little)
Choosing property management software that scales with your portfolio
And So Much More!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-790