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:
Ep. #79 Invest in Mobile Home Parks? Are You Nuts?
Image Credit: Mike Smith and licensed for reuse under this Creative Commons LicenceMost real estate investors never even consider buying mobile home parks. Which is why they're so profitable. Brian chats with Doug Harvey, a renaissance man who works a full-time job,...
Do Real Estate Investors Owe Self-Employment Taxes?
No one likes paying taxes. And that goes doubly for bootstrapping entrepreneurs trying to build income without the safety net of a W2 job. But Uncle Sam sees it differently. The IRS expects self-employed people to pay double FICA taxes, covering both the employee’s...
More Cities Upping Legal Liability for Landlords: 5 Tips to Protect Yourself
Years ago, I had a tenant who violated a zoning ordinance. Local laws prohibited placing barbecue grills on the rental property patios or porches. Mind you, this was not about use; it was about storage on the outside of the residential property. Well, guess who...
Ep. #78 Have $100? Try These 3 Real Estate Crowdfunding Investments
Image Credit: InvestmentZen under the Creative Commons LicenceLove the idea of investing in real estate, but don't have $30,000 for a down payment and closing costs? Try these three real estate crowdfunding investments, that let you invest as little as $10 or $100....
Ep. #77 How to Use HELOCs for Down Payments on Rental Properties
Ever wonder how to use HELOCs to help you invest in real estate? Deni & Brian walk through several ways to use HELOCs and other rotating credit lines to cover down payments on investment properties, renovation costs, and other real estate expenses.Video Broadcast...
Ep. #76 Probate Investing with Guest Sharon Vornholt
Ever wondered how to buy discounted real estate that people left behind in their estates? Deni chats with probate real estate investing expert Sharon Vornholt on exactly how to score cheap properties.Video Broadcast VersionAudio Podcast Version Also available on...