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User Stats

11
Posts
4
Votes

Not sure what company to use for acquiring new tenants

Posted

I am a beginner real estate investor and I currently have 1 duplex. I am currently working on buying my next property. I will move out of my existing unit and into the new one. My question is, for the unit I am moving out of, what’s the best company to use for online applications, tenant screening, background checks, credit pull, etc. ? This part of the process really scares me. Thanks!

User Stats

27
Posts
20
Votes
Steve Shafer
Agent
  • Real Estate Professional
  • Fort Collins, CO
20
Votes |
27
Posts
Steve Shafer
Agent
  • Real Estate Professional
  • Fort Collins, CO
Replied

Bigger Pockets has a ton of resources on the process side of things to walk you through getting the unit ready, all the way into managing the property. It sounds like you're already managing one unit in the duplex? So don't be scared, you got this! 

Step 1— Read everything here that is relevant to your situation https://www.biggerpockets.com/blog/property-management

Step 2 — List your property on Zillow, Apartments.com and Facebook Marketplace — that will give you exposure to 80%+ of the rental market 

Step 3 — Keep taking action on the scary things—they're not as scary as you think


Good luck!