Top 10 Guerilla Self-Defense Secret Strategies for Landlords

Top 10 Guerilla Self-Defense Secret Strategies for Landlords

These are unconventional landlording tactics from Jesse Brewer’s Tenants Uncommon.

  1.  Always store your tenants’ bank account information.  This comes in handy I case you need to garnish their wages, should you get a judgment against them in court.
  2. Collect e-mail addresses too—and get your tenants to become your friends on Facebook and/or Twitter.  People post almost everything they do on these types of sites.
  3. Be wary of tenants who seem super-anxious to move in.  If you get a tenant who tells you they must move within a day of viewing your property, and they want to pay cash upfront, then chances are they have not paid their previous landlord and are being forced out.
  4. Be suspicious also of tenants who want to pay for several months’ rent upfront with cash.  They figure that most landlords will turn greedy, accept the money, and skip doing a thorough background check.  Odds are that as soon as that money runs out, they’ll be flat broke.
  5. Never get suckered into paying for any tenant’s utilities.

  6. If an applicant works for a doctor or a lawyer in some capacity, you may want to be careful about renting to them.  People in these fields are quicker to file litigation against a landlord—or at least threaten litigation.  (Note—this is merely an opinion.)
  7. When you move a new tenant into a property, give them 11 self-addressed, stamped envelopes, or 11 direct deposit slips, for monthly rent payments.

  8. Never, under any circumstances, allow tenants to make payments on a security deposit.

  9. When it comes time to raise the rent, here are two important tips.  The first one is do it in an odd amount.  Instead of a $10 increase, make it either an $8 or $11 one.  For some reason an even amount just seems like more rent to the tenant.  But if their new rent ends in a nontraditional number such as $546 or $734, it just does not feel like such a high increase.
  10. Secondly, the time of year is important.  I suggest during the coldest months—late November or early December.  People will be hard-pressed to move during drop-dead cold weather over a few dollars per month.  Plus, it’s harder to move during the holidays.
Shannon Register, Broker/Owner
A native of Columbus, Georgia, and a graduate of the University of Georgia, Shannon has lived in the Houston area since 2004. She holds over nine real estate Certifications and Designations. Shannon is the host of "Houston Real Estate Radio" on am700 KSEV in Houston.

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