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Rental Income Podcast With Dan Lane

Bonus: How To Find The Perfect Tenant

Rental Income Podcast With Dan Lane

Rental Income Podcast

Business, Investing, Entrepreneurship

4.8836 Ratings

🗓️ 7 October 2021

⏱️ 22 minutes

🧾️ Download transcript

Summary

Farris talks about how he finds great tenants for his rentals. We talk about the number one thing that investors can do to attract good tenants.

We also talk about where he advertises his rentals (and where he doesn't), how he does showings, how he does pre-screening, where he goes for online screening and other things he looks for in his screening process.

Transcript

Click on a timestamp to play from that location

0:00.0

inspiring interviews with today's top landlords this is the rental income podcast and now

0:08.4

dan lane i've got a bonus episode of the podcast for you today in my opinion the number one thing

0:16.2

that we should be doing as rental property investors is finding good tenants. If you have a good tenant that's

0:23.4

just a good person and pays rent on time, doesn't cause any trouble, someone that's easy to work with,

0:30.6

being a landlord is really the easiest thing in the world. On the other hand, if you get someone

0:36.9

that's a horrible tenant that's paying

0:39.1

late, causing damage to your property, just overall driving you crazy, being a landlord can be a

0:46.1

total nightmare. And I think that's probably the number one reason that people give up.

0:50.2

It's really the investor's fault that they're not finding the right people to rent to.

0:56.0

So on the show today, we're going to talk to Ferris Gossier.

0:59.1

You might remember Ferris. He's been with us twice on the podcast.

1:03.2

And Ferris has a really easy time managing his properties.

1:08.0

And it's because he's finding the right tenants to rent to. So on the show today,

1:12.9

we're going to see exactly what he's doing. We'll talk about how he markets his property. We'll talk

1:18.4

about how he does showings, how he screens his tenants, the criteria that he uses. And when

1:24.7

someone bad slips through the cracks, we'll talk about how he gets rid of them.

1:29.2

So let's take a really quick break. We'll thank our sponsors. We'll come right back and we'll talk

1:33.8

to Ferris. A good deal on a rental property isn't going to last very long. To win properties

1:39.1

today, you need to move quickly when a deal comes on the market, but it takes time to analyze a property. I want to let you

1:46.6

know about an app where you can analyze deals on your phone in seconds. It's called Ask Rick,

1:52.6

that's RIC for Rental Income Calculator. You can analyze a deal with the push of a button. You can

1:59.0

figure out the rent, your mortgage payment,

...

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