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Attracting retired seniors to rent from me.

Posted by Ward-CA- on April 02, 2002 at 6:19 PM

In Reply to: Dingbat Retirement Plans posted by Tom on April 02, 2002 at 9:40 AM

: Last night at dinner I was telling my wife about an idea I had. Basically the idea is to buy homes and rent them to retirees who no longer want the hassles of home ownership, or wish to downsize, or who really don't want to go into an apartment because they simply like the idea of living in a home. I suggested I could offer a menu of services, like yard care, set 'em up with internet access and teach computer basics, include some occasional errand running for them, etc.

: This morning I find your article Dingbat Retirment Plans and I about fell out of my chair. Your concept is somewhat along the same lines as what I was discussing last night. With the elderly population getting larger, it seems like a reasonable market.

: Q: How do you configure your whole approach to renting to this target population without being accused of denying rental opportunities to qualified renters who just happen to be 30 years younger?

: I appreciate your time.

: Tom

=•=•=•=•=•=•=•=•=•=•=

Tom, usually the younger crowd needs a larger space than a one bedroom house with no garage and tiny yard.

The way I broadcast for a senior citizen to rent my place is to put an ad in our local Senior World publication, put rental notices on the bulletin boards in the Senior Recreational Centers around town and offer my current senior tenants $50.00 for any senior they refer to me that ends up renting our unit.




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