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Monday, October 01, 2012

Gumtree great for garages

I've been advertising my rental property on Gumtree and finally thought that I'd let it the other week to two junior cricketers.  Then at the last minute one of them had to 'jet off' to Australia for 6 months.  mmmmm!  Could it be the guarantor forms that I sent or was it the request for £1000 deposit?

The long of short of it is it's back to the drawing board.  As I've said before I've never found a tenant through advertising on Gumtree yet and the quality of tenants is generally not good.  Is it because the service is free so you get all sorts of speculative applications with none of the prospective tenants committing to the letting process.

On the flip side Gumtree has been great for letting garages.  I've just let my third garage and each time I've managed to get great tenants who seem straight forward honest and pay on time.  Each of my garages is now let to a tenant with a classic car.  I now have under my roofs : a Citroen 2cv, VW flat screen camper van and the latest addition is a Datsun 280z.  The great thing is with a classic car being stored in your garage that you don't need to worry about a deposit.  It's a nice position to be in for a landlord that the tenant in this case has more to lose than the landlord!

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