All Forum Posts by: Quintin Mortensen

 Thanks for the feedback, Could you by chance send me your lease so I can see how it's worded. I'd greatly appreciate it. 

Thanks Quintin

I'm newish to investing and I have my first tenant from Salt Lake City, Utah moving out at the end of the month. Just wondering the process you go through to get a new tenant in?

How soon do I advertise? 

Do you try to show the place with old renters still in there?

Is there any process I should avoid or look out for?

Thanks so much in advance for your advice.

Welcome, first get a picture so people will take you seriously, then set up alerts so you can see when people talk about stuff you are interested. 

I would suggest looking around the east side of Salt Lake.

This "Judgement map of Salt Lake" is eerily accurate:

http://utahpolicy.com/index.php/features/today-at-utah-policy/2814-check-out-this-hilarious-map-of-salt-lake-city

I used the ksl renter and got zero responses. I used Craigslist and got like 10 responses in 2 days. I was surprised that people in Utah use Craigslist for housing.

Everyone has given you great advice, let me just add one thing. Think of how big the market is to rent a $3k house in Utah? There's only so many people that can afford this that doesn't just buy a house. I'm confident you can find something way closer to the 1% rule in Utah.

 Yes, I meant Sq Yards. Don't forget to ask if the padding is included at Lowes

 I dont know any RE Lawyers, Sorry.

I'd be interested in hearing about this as well. Hopefully someone comments.

I got some cheap carpet for carpet one by walmart on 13th south. It was $12.99 per sq ft installed with padding. There were 3 options on colors and I got the darker one. I don't have any complaints with it.