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:
Unemployment Rates by County: Interactive Map
When renters lose their jobs, landlords tend to lose their rental income. Sure, most got several stimulus checks, and can go on unemployment to receive temporary assistance. But with over 10 million Americans unemployed, many renters in decimated industries like...
A Guide to Tactful Follow-Up for Scoring Deals in COVID-19
The full extent of the coronavirus pandemic’s effect on the real estate market is not yet known, and with uncertainty comes more risk. If you’re buying houses to flip or for long-term investment, do you really know what the value will be in the coming months and...
Late Fees for Rent: What Landlords Can Charge in Each State
What can landlords legally charge as late fees for rent? It depends on your state’s landlord-tenant laws, and in some cases your local city regulations. Many states don’t explicitly limit the amount that landlords can charge, but require that it be “reasonable.” Talk...
Infographic: The Impact of Coronavirus on Real Estate Investors
As the coronavirus continues rattling investors and shuttering businesses around the world, people keep asking me the same question over and over: What will the impact on real estate be? Because no one knows how long the global pandemic will last, no one can know how...
Landlords’ Guide: Virtual Tours of Vacant Units in COVID
The COVID-19 pandemic has disrupted nearly every aspect of our lives. As we all try to keep up with all the ways the coronavirus is impacting real estate investors, many landlords are scrambling to figure out how to fill vacancies during the pandemic. Landlords and...
Housing Market Analysis: Interactive COVID Impact Map
Not all housing markets are created equal. Nor do they all face the same risk from the coronavirus pandemic and the damage it leaves in its wake. In early April, ATTOM Data Solutions released an analysis of which US cities and counties are most vulnerable to a drop in...