The Main Thing

A long time ago when I worked for an itty-bitty pet food megastore chain (which has since become a gargantuan pet food megastore chain), one of the VPs had a sign up in his cubicle:

The Main Thing is to Keep the Main Thing the Main Thing

Now then, I'll be happy to wait right here while you process that. Take your time.

Ok now, this particular ditty applies to all walks of life. Including being a landlord. If I had to pick the main thing for being a landlord it would simply be: pick the right tenant.

I know, easier said than done. But I have to tell you from my own experiences, my life is infinitely easier when I have picked the right tenants.

And of course, sadly the converse is true too. Pick a crummy tenant; start blogging.

Good tenants aren't always the ones with the best credit or the highest income--although that does weigh heavily in my decisions. But really, the best tenants are the ones with the best character.

Character means the person on the the application in front of me looks an awful lot like the person I am speaking with on the phone. Character means everyone understands this is a business relationship, and the person renting my home is aware they must do their part to make this business relationship work (pay on time+keep the grass cut=don't get evicted).

Everyone has personal issues. But being accountable for the stuff life throws your way goes a long way in my book. Someone with a history of doing such, will probably continue acting the same way once they move in too.