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:
Buying Properties During COVID: A Guide for Investors
As Baron Rothschild famously put it, “the time to buy is when there's blood in the streets.” And as bad as the bleeding has been over the last month, it’s going to get much, much worse before the COVID-19 crisis passes. Which raises the question: Should real estate...
Landlords & COVID-19: Navigating Rent Defaults & Evictions
The new “C” word, coronavirus, has caused disruptions so different, so enormous, that it’s left most investors and landlords scrambling to keep up with constantly-evolving changes to how we do business. For landlords, COVID-19 is not only creating the problem of mass...
Out-of-State Real Estate Investing with BRRRRs: Whitney’s System
“I keep offering to pay for my husband to retire and mountain bike all day, if he’ll move overseas with me. So far he keeps turning me down, but we’ll travel the world sooner or later!” Whitney Hutten is 44 and brings in around $15,000 per month in passive rental...
The Best Cities for Real Estate Investing in 2020, Based on Rental Cap Rates
Ever get sick of hearing people glibly spout “Location, location, location!”, whenever real estate comes up in a conversation? Yet most real estate investors never look much further beyond their own backyard, when deciding where to invest. Which is why we wanted to...
REI Property Pro Review: Is the Suite of Tools Worth the Cost?
More Americans are becoming interested in real estate investing. Which means more companies are creating tools to help them do it. In mid-2019, the Wall Street Journal noted that the number of investors purchasing residential property to “flip” – sell short-term for...
Apartment Amenities in Demand: Housing Features Tenants Want Most
As an investor, every dollar spent needs to justify itself. You have to weigh which real estate amenities are worth your extra money based on which can garner higher rental rates, better tenants, and stronger loyalty. Some apartment amenities are consistently in...