Posted a "For Rent" sign on Sunday, and since then, I have received about 20 phone calls! Each person that calls has such a different story of their current living situation, that I'm always interested to pick up the phone to see what story the person calling will share.
My contractor is going to give me both houses completed this month! I am excited to see how they are going to turn out. Contractor began work on Tuesday and is moving pretty quickly! He has a total of 7 people working on my property! Talk about getting things done!
It's a bit difficult putting a house for rent because you can't really tell who is serious and who isn't. I've had one person willing to give me a deposit to secure the property, but I wasn't sure if I should take it because this person is the previous homeowner! The bank foreclosed on her, house was put on sale, I purchased it, and now she wants to move back in as a tenant! She seems like a very nice person, but I am not sure if it's a good idea to rent the house to someone who owned it before.
I am going to give her an application and if she meets the requirements and shows financial stability, she will move forward in the rental application. I do not want to discriminate and want to do everything right. At the end of the day, all I care for is for rent to be paid and for my tenants to be happy.
I am going to begin to pass out applications this week and hopefully I will have a contract signed by next weekend!