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:
Cap Rates in Real Estate Investing: A Non-Nerd’s Guide
Not a big ol’ nerd for personal finance and real estate like I am? No sweat. We’ll keep the math simple. After all, math is a lot more fun when you’re calculating your future riches, right? Break out a cocktail napkin (and a cocktail to match), because calculating cap...
Ep. #41 With Cap Rates Down, Should You Invest in Real Estate?
Nationwide, home prices are up nearly 11% over the last year. But rents are up less than 1%, and in many of the largest cities they've dropped 5-10%. Which means rental returns and cap rates are dropping in most markets. Should you keep investing in rental properties?...
Ep. #40 How to Retire in Your 30s w/Guest Rick Orford
Who wants to wait until their 60s to retire? Brian sits down with Rick Orford of The Financially Independent Millennial to discuss exactly how he retired in his 30s and moved to Italy. We talk about how he started, grew, and sold two businesses, how he blew most of...
Ep. 39: 4 Alternative Ways to Get Rid of a Bad Tenant (Other than Eviction)
In the midst of the ongoing eviction moratorium, many landlords have asked us: How can I get rid of a bad tenant, if not through eviction? Deni and Brian walk through four alternatives to the formal eviction process, to remove bad tenants. As a reminder, landlords...
Ep. 38: How to Tenant-Proof Your Rentals to Reduce Repairs
Tenants are hell on your rental properties. Repairs and maintenance costs typically amount to 10-15% of the gross rents landlord receive, averaged over time. To keep that figure as low as possible, you want to "tenant-proof" your rental properties as much as possible....
Can Money Buy Happiness? Exploring 11 Ways to Lasting Joy
Average people love to say “money can’t buy happiness.” They’re not only wrong, they’re deluding themselves — and probably not very happy. Many of the same blowhards lob around cliches like “money is the root of all evil.” Guess what? Lack of money is the true root of...
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