The Neighborly Investor

My Efforts at Landlording and Niche Marketing on the Web

Browsing Posts published in September, 2011

Tenants Leaving

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The tenants I just placed in the condo are now leaving. They called me to say that the principal wage earner is having job difficulties and they want to move in with relatives. Despite signing a one year lease, and having a co-signer I could theoretically chase, I am going to release them after just [...]

The new tenants are in. After verifying the information on their application, I decided to require a co-signer. The co-signer was necessary because their employment history with their current employers was short (1-2 months), and total wages were less than ideal. But after passing the criminal background check and talking to the last property manager [...]