Vacancy Advertising & Tenant Screening
Want higher ROI on your rentals? Fill your vacant rental unit with the best possible renters, ASAP.
Have a vacant rental unit on your hands?
Vacancies are expensive, and they’re time-consuming to fill. Lucky you! But unless you want to be right back in this position in six months, an eviction later, get it right the first time.
Advertise on multiple rental listing websites. Give every person who expresses interest a rental application (ours is free, emailable and e-signable – hint hint).
Then run tenant screening reports on all applicants. Get a full credit report, nationwide criminal background check, and nationwide eviction report. Have the applicant pay the fee for these (our screening reports can be charged directly to the applicant).
Then it’s calls, calls calls. Supervisors. HR departments. Personal references. Current landlords. Prior landlords. If that sounds like a lot of work, it’s nothing compared to unpaid rent, serving eviction notices, filing in rent court, appearing in front of a judge, meeting the sheriff at the property, and then spending thousands of dollars to get the property back in rental shape.
Here are a few fundamental articles to get you started, and from there, you can explore our other articles in the Advertising & Tenant Screening category to make sure you get the perfect long-term tenant, every vacancy!
“Required Reading” – Start Here First!
Still hungry after eating those up? Well, we won’t let you down. There’s plenty of rental advertising and resident screening articles to sink your teeth into!
Full Library of Advertising & Tenant Screening Articles:
11 Ways to Lower Your Real Estate Investing Risks as a Landlord
One of the great advantages to real estate versus stocks is the predictability of real estate investing returns. When you buy a rental property, you can accurately predict your average annual yield and cash flow. And while I love stocks too, they’re as volatile as a...
Should Landlords Rent to Illegal Immigrants? Unbiased Pros & Cons
*Note on Terminology: Conservatives and liberals can’t even agree on terminology, with conservatives using the pejorative “illegal aliens” and liberals using the cuddly “undocumented immigrants.” We’ll split the difference here and use the term “illegal immigrants,”...
Should You Become a Section 8 Landlord? The Good, The Bad, & The Truth
Heard tales of guaranteed rent payments, courtesy of Section 8? Deposited by the government, and paying higher-than-market rents? If these stories perked up your ears, you’re not alone. Section 8 landlords can make good money, with a lower risk of rent defaults – at...
Apartment Applications vs. House Rental Applications: What Landlords Need to Know
Whether you’re a burgeoning property magnate with a string of properties or just starting as a landlord, tenant screening remains the most important task you can do as a landlord. To protect your investment and your passive income, you must have a completed rental...
What’s the Best Property Management Software for Your Business?
Why work when you can automate? The whole point of investing in rental properties is passive income. If you're spending your nights and weekends manually collecting rental applications, writing lease agreements or collecting rent payments, you're doing it wrong. The...
Learning Real Estate Investing: What 11 Pro Investors Wish They’d Known Earlier
Real estate investments are expensive, even if you finance them. That means mistakes are expensive. I already shared some of the real estate investing lessons I wish I’d known when I was just starting out. So I figured I’d open it up to other professional real estate...
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