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Got a New Tenant

June 20th, 2010 at 02:28 pm

Our old tenant moved out June 6 and on June 16 we signed a lease and received the deposit for a new tenant. I'm very thankful! I didn't like paying utilities and bills for two homes.

Here is a landlord tip. Sign a "landlord agreement" with utility companies. That way, when tenants move out the company will waive the connect fees for utilities. While the property is vacated, they keep the utilities on under the landlord's name without charging a fee.

Do you have any tips for landlords to help cut down on cost?

Posted in Money Management | 2 Comments »

2 Responses to “Got a New Tenant”

  1. momcents Says:
    June 20th, 2010 at 05:32 pm 1277055167
    1277055167


    We advertised for the first tenant through the local newspaper at $40 a week for a simple ad. We had that tenant for about two years. When he left, money was tight, so we advertised for free on craigslist and got more calls than we did the first time around.

  2. Jerry Says:
    July 2nd, 2010 at 01:23 pm 1278077004
    1278077004

    Craigslist is good. We are losing our tenants at the end of the summer and hope that we will have some new ones to lead in as the old ones leave... it's tough being a landlord right now, but it does offer some insurance that we can keep the mortgage paid and make progress. I like the idea for landlord agreements, as well.
    Jerry

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