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:
Who Pays Which Closing Costs on Real Estate?
The Big Picture On Who Pays Which Closing Costs On Real Estate: As the name suggests, closing costs are fees that are paid to close a real estate transaction. There are several types of closing costs, like appraisal, loan origination, inspection, survey, and escrow...
What Landlords Need To Know About Emotional Support Animals And The Fair Housing Act
The Big Picture On Emotional Support Animals And Fair Housing Law For Landlords: Landlords must accommodate Emotional Support Animals (ESAs) under the Fair Housing Act, setting them apart from typical pets. ESAs differ from service animals because they do not require...
Building Equity: 10 Ways to Create Real Estate Equity Faster
The Big Picture On Building Real Estate Equity Faster: Focusing on renovations that maximize return on investment, like cosmetic upgrades or essential improvements is an excellent way to create real estate value and equity. Increase value and generate extra income by...
How to Buy Your First Rental Property 101
The Big Picture On Buying Your First Rental Property: Rental properties can provide a steady passive income stream and have historically outperformed other asset classes over the long term. Financing options for rental properties include house hacking with...
Should Landlords Accept Partial Rent Payments?
The Big Picture On Should Landlords Accept Partial Rent Payment: Accepting partial rent from one tenant but not another could be seen as discrimination, opening you up to lawsuits. Landlords must treat all tenants consistently. Accepting partial payments might set a...
OPM: Real Estate Investing with Other People’s Money
The Big Picture For OPM In Real Estate: Leveraging Other People's Money (OPM) can help you scale your portfolio, reduce risk, and create mutually beneficial opportunities. Building relationships with friends and family is a valuable source of OPM, requiring effective...