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:
12 “Cheat Codes” in the Game of Building Wealth & Creating Your Ideal Life
Ever wish you could punch in a cheat code for the game of life? Build wealth and passive income streams faster? Live your ideal lifestyle without putting in decades of hard work first? Personal finance does offer some hacks — if you’re willing to think outside the...
Ep. #164: Two-Player Mode: How Couples Can Maximize Returns & Savings
Couples have some unique advantages to boost savings, invest, minimize taxes, and build wealth faster. Brian & Deni break down several financial hacks and tricks specifically available to couples, to reach your goals as soon as possible. Video Broadcast Version...
Case Study: A Real Estate Syndication Deal Gone Wrong
We send out a monthly update about all the past deals we’ve invested in through our Co-Investing Club. Most of the real estate syndication projects are doing fine. A few have narrower cash flow than forecast, due to soaring interest rates, and have delayed starting...
Ep. #163: Reducing Risk, Raising Returns in Multifamily Investing with Josh Cantwell
How do you earn high returns on your investments without incurring high risk? Josh Cantwell explains his seven commandments of real estate investing, to keep your risk low and your ROI high. Video Broadcast Version Audio Podcast Version Also available on iTunes,...
Are LLCs for Rental Properties Worth the Hassle? Pros, Cons, and Costs
One of the first questions I hear from new real estate investors is: “Should I create an LLC for rental properties, rather than owning them under my personal name?” It’s a good question, and shows foresight. After all, people love to sue landlords. And love to hate...
The “Lazy 1031 Exchange” – Defer Taxes on Real Estate Without the Hassles of a 1031
A few years ago, I sold all of my multifamily properties as well as a few of my single-family turnkey properties. As I was getting ready to sell, I contacted Nate Busch, my CPA, and asked him how I could avoid the capital gains taxes on these assets. The market had...
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