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:
Rental Applications In California: A Guide For Landlords
The Big Picture On Rental Applications In California Screen tenants thoroughly with rental applications that follow laws to avoid issues with problematic renters down the road. California law permits landlords to charge $62 max for a screening fee and pass other app...
The Investor’s Guide to Seller Financing: What Is Owner Financing & How Does Work?
The Big Picture On Owner Financing: Owner financing means the person selling the home lends money to the buyer instead of the buyer getting a traditional bank loan. Buyers can find homes with owner financing by looking at listings online, talking to real estate...
Apartment Application vs. House Rental Application: What Landlords Need to Know
The Big Picture On House Rentals Vs. Apartment Applications: Effective tenant screening through comprehensive rental applications is crucial for landlords to safeguard their investment and income. Recognizing variances between apartment and house rentals, such as...
Is Rental Income Active Or Passive Income? How Much Labor Landlords Should Expect
TL;DR on Is Rental Income Passive Or Active For tax purposes rental income can be defined as passive income so long as you do not qualify as a real estate professional. In the truest sense of the word, rental income is not “passive” income, as it requires extensive...
How to Retire at 40 With Real Estate Investments & Stocks
The Big Picture for How To Retire At 40: Retiring at 40 is not easy—but it is possible. The best way to retire at 40 is to combine many income streams, including diversified stocks and real estate investments. You can take advantage of Roth IRAs and your 401(k) but...
Non-Qualifying Mortgages: Uses & List of Non-QM Lenders
TL;DR On Non-Qualifying or Non-QM Loans: Non-QM loans provide flexible financing options for real estate investors who do not qualify for traditional mortgages. Non-QM loans allow investors to secure financing for unique property types like fix-and-flips, multi-units,...