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 Get a Mortgage for an LLC-Owned Rental Property
The Big Picture On Getting A Mortgage For An LLC-Owned Rental Property: Before applying for a mortgage, it’s essential to have your business entity properly set up. This involves registering your LLC with the appropriate state department, obtaining an Employer...
Subject-To Loans: How to Buy Real Estate Subject to a Mortgage
The Big Picture On A Subject-to Mortgage: Subject-to loans allow buyers to take over existing mortgages without needing to secure new financing, saving on closing costs and potentially securing lower interest rates. Subject-to transactions can close more quickly since...
A Landlord’s Guide to Credit References for Rentals
The Big Picture On Credit References: Utilizing credit references is crucial for landlords in distinguishing responsible tenants from potential problem renters. Landlords are advised to rigorously verify the authenticity of the credit references provided. This...
Free Skip Tracing Tools for Real Estate: Free & Paid Tools Compared
The Big Picture On Skip Tracing Tools: Skip tracing tools come in different varieties that allows investors to choose tools that align with their specific operational scale and target properties. Using such tools is similar to how investors select from various...
Should I Pay Off My Mortgages or Invest in New Rental Properties?
The Big Picture On Should You Pay Off Your Mortgages Or Invest In New Properties? Maintaining some level of debt can be strategically advantageous, as it allows for leverage in acquiring more properties. However, excessive debt increases risk and can strain cash...
How Many Mortgages Can You Have as an Investor?
The Big Picture On How Many Mortgages Can You Have As A Real Estate Investor: Real estate investors can often have more than one mortgage at a time, with some options providing up to 10 or more. A variety of financing options are accessible for real estate investors,...