First-Time Landlord? How to Find Great Tenants on Your Own (Rookie Reply)

5 hours ago 4

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. Ashley: Today’s rookie reply is about what happens after you decide to become a landlord. The property is only the beginning....

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