How to Find Good Tenants for Your House Hack (Rent by the Room)

How to Find Good Tenants for Your House Hack (Rent by the Room)

Every house hacker’s worst nightmare is a bad tenant. So we’re sharing how to find good tenants for your house hack, rent-by-the-room rental, or regular rental property! Finding tenants is easy, but finding good tenants takes skill. Thankfully, an experienced house hacker with ten (yes, ten!) tenants, Danielle Daly, is here to walk through her exact tenant finding and tenant screening tips to help you get the best tenants for your first or next house hack!

First, Danielle gives you the exact criteria she uses to find house hacking tenants. Then, you’ll hear some green flags that show a tenant could be a perfect fit for you and your other tenants/roommates. Plus, all the websites you should go to when searching for potential tenants and the one way Danielle found phenomenal tenants just by talking to people in her local area.

But what if conflict comes up? What if someone leaves their dishes in the sink too long or doesn’t take out their laundry? Danielle also has clear guidelines for dealing with tenant disputes so everyone can live comfortably in the house and, most importantly, keep getting rent to you every month!

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Find an Investor-Friendly Agent in Your Area:
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Find Investor-Friendly Lenders:
http://biggerpockets.com/findlenders
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Grab the New BiggerPockets Book “The Self-Managing Landlord”:
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Need a House Hacking Guide? Get “The House Hacking Strategy” Book:
https://store.biggerpockets.com/products/the-house-hacking-strategy?utm_source=owned_media
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House Hacking 101: What It Is and How to Get Started:
https://www.biggerpockets.com/real-estate-investing/house-hacking-strategy?utm_source=youtube&utm_medium=description&utm_campaign=none
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How to Find the Best Tenants for Your Rental Property:
https://www.biggerpockets.com/blog/rental-properties-find-great-tenants?utm_source=youtube&utm_medium=description&utm_campaign=none
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How to Screen Tenants for Rental Property:
https://www.biggerpockets.com/blog/how-to-screen-tenants?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Danielle on BiggerPockets:
https://www.biggerpockets.com/users/daniellefdaly?utm_source=youtube&utm_medium=description&utm_campaign=none

00:00 How to Find Tenants (for House Hacking!)
01:01 House Hack Numbers
02:37 Signs of a Great Tenant
04:01 Where to Find Tenants
05:24 Tenant Green Flags!
06:46 Resolving Conflict
07:51 Evictions and Vacancies


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