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:
ROI on Real Estate: Historical Returns & Types of Returns on Property
The Big Picture On a Good Real Estate ROI: Investors can benefit from both cash flow through rental income and property value appreciation, balancing these for a steady or long-term investment approach. Strategies like BRRRR (Buy, Rehab, Rent, Refinance, Repeat) allow...
How to Buy a Foreclosure Home: Pros, Cons, & Process from Start to Finish
The Big Picture On Buying A Foreclosure Home: Buying a foreclosed home can provide significant savings compared to market prices, offering opportunities for both homebuyers and investors to purchase properties at a discount. Thorough research and due diligence is...
What Is a Real Estate Syndication and How Does It Works?
The Big Picture On Investing in Real Estate Syndications Real estate syndications are passive investments in which you buy fractional ownership in an apartment complex or other large property (or properties in a fund). As a financial investor, you don’t have to do any...
Real Estate vs. Stocks: Which Is Faster for FI & Early Retirement?
The Big Picture On Investing In Real Estate vs. Stocks: Real estate offers more control, predictability, and cash flow than stocks, especially for those looking to leverage assets. However, it demands more work, higher upfront costs, and lacks liquidity. Stocks are...
Turnkey Real Estate: Pros & Cons for Long-Distance Investing
The Big Picture On Turnkey Real Estate Investing: Turnkey real estate offers hands-off investing. Renovated properties are ready to rent and often pre-managed by third-party companies. Investors benefit from immediate cash flow, minimal renovation hassle, and easy...
What Happens If My Tenant Goes to Jail?
The Big Picture on What Happens If Your Tenant Goes To Jail: Include clauses in the lease agreement that allow eviction for criminal activity or felony convictions. While prevention is ideal, even the most careful landlords may face this situation. Confirm the...