Q: Gerald, we finally got rid of a terrible tenant in our rental property-he didn’t pay for months and he tore the place up. We’re looking for a new tenant now, how can we avoid another disaster? -Patrick, Orlando, FL A: Sorry to hear about your trouble, Patrick. As a long-time landlord myself, I can certainly relate. What I’m going to do is give you three warning signs of a potential bad tenant: 1) The prospective tenant is in a hurry to move in right away-this often is because they just got kicked out of their last place. The key is to have rules and regulations and to stick to them. Never allow yourself to be rushed through your own […]
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