Quote:
Originally Posted by Mizter
I was thinking of craigslist and kijiji but I'm a little hesitant since they might draw the wrong type of people.
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I've been renting for five years from two different land lords, both of whom I met on craigslist. In those five years I've never been late for rent, never damaged a suite and never had a complaint.
Some of the kids who work for me move every couple months and are routinely late paying their rent; I know because they ask me for payroll advances. I'm not sure who I feel worse for, their landlords for renting to them or myself for employing them.
If you are careful about who you rent to it can be hugely profitable, but if you accept a tenant just for the sake of getting rent coming in you could loose a lot of money. Generally though, if you treat your tenants well they'll reciprocate.