Tenant Profile

YLCorporation

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Registered
Apr 10, 2008
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#1
Hi again. I am very new to real estate. Can someone tell me how i go about developing a tenant profile? I am refering to the Goldmine Scorecard`s "additional due diligence" second to last question.

Thanks
 

EgorPortnov

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Registered
Jan 15, 2008
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#2
QUOTE (YLCorporation @ May 6 2008, 04:32 PM) Hi again. I am very new to real estate. Can someone tell me how i go about developing a tenant profile? I am refering to the Goldmine Scorecard`s "additional due diligence" second to last question.

Thanks

Tenant profile is like your target market. This is the type of people that you want to rent your suite to. For example: If it is a townhouse in good condition, you probably want a middle-class family there. So if 3 single guys want to rent it from you, they are obviously not your target group, and that doesnt fit your tenant profile.