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Capital Cashflow
Capital Cashflow
Step by Step Guide to Finding & Screening Tenants [Capital Cashflow #23]
In this episode, we go over each step to finding, screening, & placing tenants, CRUCIAL for the long term success of your rental property!
If you'd like a copy of our rental application & exact tenant criteria, leave us a review on iTunes & send a screenshot to abraham@capitalcashflow.com , it really helps the show!
Show notes:
9, 3, 1 formula: 9 calls gets you 3 showings gets you 1 resident
Establish your rental criteria (e.g. must earn 3 times monthly rent, no prior evictions).
Check that you're charging market rent, don't short change yourself!
Questions to ask previous & current landlord:
- How are you related to the applicant?
- How many pets do they have?
- How often would they pay late?
- Who all lived there with them?
- Why are they moving out?
- Would you rent to them again?
- Any other comments?
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