Tenants

[Cori Barnes]

I'm looking to invest in multi family homes and in my area I have two houses I'm looking into. One has tenants already and one does not. I'm asking for advice on should I invest in the one that does have tenants already or is it better to start without so I can go by my own lease?

[James Bynum]

I don't know about you seasoned investors, but my plan for my first unit is to implement the website https://www.rentalutions.com/ Your first rental is completely free, so it's a nice way to test them out. Prospective tenants fill out all the info through their site and they do a complete background check for you. You can also collect rent online free for both you and the tenant. And it keeps track of maintenance requests and financials. it also gives you legal forms to use for your new tenants. Sounds like a win win to me. At least for starting off since it's completely free for that first rental.