What's your #1 tip for finding a tenant that stays a long time?

What's your #1 tip for finding a tenant that stays a long time?

Investor · Cincinnati, OH · Member since 2013 · 2k+ posts · 1k+ votes

After hearing about some crazy success stories (or what I consider success stories) on having tenants stay for 15 - 20 years, it got me wondering.

What's your #1 tip for finding a tenant that will stay in for many years?

And what's your #1 tip for keeping them in your property for years?

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Real Estate Investor · Central, TX · Member since 2012 · 479 posts · 165 votes
12y

1.) Finding a long-term tenant:

  • A tenant who has lived in that city/town for many years.
  • A tenant who has limited economic opportunity or interests in career improvement.

2.) Keeping long-term tenant:

  • Take away any incentive for them to move. AKA provide a better value than any competitor.
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