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:
How to Create a Financial Freedom Plan and Achieve It
The Big Picture on Creating a Financial Freedom Plan: Financial independence is achieved through a series of stages, beginning from a negative net worth and progressing through financial solvency, stability, and halfway to financial independence. Crafting and...
Better Money Habits: Save Money and Build Wealth for FIRE
The Big Picture on Developing Better Money Habits: Strategies like house hacking, moving to a lower-cost area, and getting rid of a car can significantly reduce major expenses, accelerating wealth building. These methods require substantial lifestyle adjustments but...
Invest in Real Estate with a 401(k): Everything You Need to Know
The Big Picture on How to Invest in Real Estate With a 401(k): Publicly traded REITs, borrowing from a 401(k), and using self-directed IRAs or 401(k)s are some of the ways to incorporate real estate into retirement savings. Self-directed IRAs (SDIRAs) and...
Self-Insured vs. Fully Insured: What Is Self Insuring?
The Big Picture on Going Self-Insured vs Fully Insured: Self-insurance allows individuals to set aside funds for any emergency, offering flexibility that specific insurance policies do not. By self-insuring, individuals can potentially save more money compared to...
The Debt Snowball Method, FIRE, and Real Estate Investing
The Big Picture On Debt Snowball Method, FIRE, and Real Estate Investing: Focus on paying off the smallest debts first while making minimum payments on larger ones. Quickly eliminating small debts provides a motivational boost to tackle larger debts. List all debts...
How to Become a Property Manager: And How It Makes You a Better Investor
The Big Picture On Becoming a Property Manager Property managers handle leasing, tenant communication, maintenance, and finances. Meet requirements (age, education, residency, licensing), develop skills (organization, communication), and consider certifications (NALP,...