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. #52: How to Move Your Investment Properties into an LLC
Landlords get sued more often than most other professions. As real estate investors start building a portfolio of properties, many start looking to isolate their properties under different LLCs. But that raises a question: how do you move a property into an LLC name...
Ep. #51 Rent Default Insurance & Other Ways to Protect Your Rents
Some landlords haven't collected rents in 16 months, as eviction moratoriums have prevented them from serving eviction notices on nonpaying tenants. But not landlords that bought rent default insurance. They've collected every payment, on time and in full, from their...
Ep. #50 CYA – Cover Your Assets
Real estate investors own more assets than most people, which makes them easy targets for lawsuits. Unless you protect your assets, that is. Deni chats with attorney Sayge Grubbs, Esq. about asset protection as you get older and accumulate more wealth, so you don't...
Ep. #49 Land Investing: No Sexiness, Low Headaches, High Profits
Why should real estate investors consider raw land over residential properties? Deni and Brian talk over the advantages, including: No renovations or contractors No ongoing maintenance expenses No tenant headaches No pest control problems Very little competition No...
How to Compete with Cash Real Estate Offers
Beaten by a cash offer on your last real estate offer to purchase? You’re not alone. The percentage of cash offers in real estate markets across the country have surged to 25% per the National Association of Realtors, up from just 15% a year ago. Still, you don't need...
Ep. #48 FIRE Investing Strategies with Wealth Planner Brian Thorp
What do traditional wealth planners have to say about rental properties? What about the FIRE movement and retiring early? Brian interviews former wealther planner and founder of Wealthtender.com Brian Thorp about how he personally invests, and his plans for passive...