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:
Refinance Rental Property: Should Landlords Do It?
The Big Picture on If And When to Refinance Rental Property: Refinancing is most advantageous when interest rates drop significantly compared to your current mortgage, allowing you to reduce monthly payments and improve cash flow. Landlords can leverage cash-out...
Does Rent Go Down In A Recession: Rents & Home Values
The Big Picture On Whether Rent Goes Down In A Recession: During recessions, home values often decline due to decreased demand, while rents tend to remain stable or even increase, as more people opt to rent instead of buy. Recession's impact on rents varies by...
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 a maximum of $62.02 for a screening fee and pass...
Wholesale Real Estate: How It Works, Example, and Strategies
The Big Picture on Wholesaling in Real Estate: Real estate wholesalers act as middlemen by putting properties under contract at a low price and assigning the contracts to buyers for a fee, without ever owning the properties. This requires minimal upfront cash but...
How to Get Investment Property Loans with Bad Credit
The Big Picture On Getting Investment Property Loans With Bad Credit: Despite bad credit scores, people interested in getting investment property loans have several options available to them. Options to get investment property loans even with bad credit scores range...
Investing In Real Estate Private Equity: How It Works
The Big Picture On Private Equity Real Estate Investing: Real estate private equity involves pooling investments to buy properties, offering high returns (15-30%) with minimal management responsibilities but typically requires high upfront capital and long-term...