A rental listing title — the ad headline — is critical when trying to find a new tenant. When you have a vacancy to promote, you want your ad to get attention. It used to be that landlords posted “For Rent” ads in the classified section of their local newspapers for a fee. Then Craigslist […]
Vacancy is expensive. In fact, it’s one of the biggest costs that a landlord may have. And it can sometimes cause landlords to get desperate. In such situations, it may be tempting to relax your screening criteria to get a unit filled. It’s understandable… You have an empty unit that is losing money every day, […]
This week we are continuing our series on tenant screening. In part one we talked about how to read a sample credit report and fill out an application scoring sheet. In part two we talked about what to verify on a tenant application. This week, we are talking about how to approve or deny an […]
This post is part two in a series dedicated to tenant screening. Last week we talked about how to score a sample credit report, this week we are going to talk about verification. This is an important step in the approval process, because it proves that the information they put on the application is accurate. […]
Our focus lately has been on tenant screening, a VERY important topic! Last week we talked about outsourcing your tenant screening… And this week we’re going to talk about doing it yourself. There are pros and cons to doing it yourself, mainly: You get access to the actual credit report and credit score You can […]
Screening tenants is the most important thing a property manager can do! Almost every problem that a landlord may have to deal with can be traced back to poor screening. Good tenants pay on time, pay online, and take care of the property. They are easy to manage and don’t violate the lease or cause […]