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:
Unconventional Financing: Peer to Peer Lending & Crowdfunding
Need to borrow money for your next real estate deal? Probably. Last week we looked at retirement accounts as a source of real estate funds, in our series Unconventional Loans for Real Estate Investing. This week, we’ll look at a relatively new way to borrow money:...
Maine Rental Laws Guide
Maine is more than lobsters and lighthouses! It boasts not only a thriving tourism industry (think: vacation rental investments) but also a growing influx of retirees. Look out, Florida and Arizona! With its beautiful backdrops of rocky coastline, mountains and...
Louisiana Rental Laws Guide
Being one of the most affordable states to own a home is only one of many perks for investing in the home of Mardi Gras, cajun cuisine and warm evenings. It does not hurt that landlord-tenant laws seem to be in favor of a landlord. There are many opportunities for...
6 Must-Have Traits for a Real Estate Investing Partner
Ever thought about partnering on a real estate deal? Cut your risk by 50%? Get twice as much experience working for you? Do twice as many deals? Real estate investing partnerships can be fantastic, helping investors do all of the above. Or they...
Kentucky Rental Laws Guide
Not only known as the bluegrass state and the birthplace of Abraham Lincoln, Kentucky is rich in history and good ol' fashioned barbecue. Real estate investors of rental property can relax in the landlord-friendly state regulations. Although no law exists...
Should Sellers Ever Consider “Cash for Ugly Homes” Buyers?
A month ago, I sat at the kitchen table with a friend, sorting through her pile of bills. Illness and the loss of her job were making it hard to keep up with her mortgage payments. Suddenly those roadside signs touting “Cash for your home,” “We Buy Ugly Homes,” “Sell...
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