Property Management, Tenant Selection, Real Estate News & Tips

Tag: Tenant Screening

Landlord Tips for when a Tenant Disappears

By on October 11, 2017 in Education with 0 Comments
Landlord Tips for when a Tenant Disappears

If you suspect that your renter has disappeared and has no intention of returning to the rental property, you need to follow the appropriate steps before moving forward with re-renting the property. Before taking any moves towards re-renting the property, you need to check your state and local laws regarding rental property abandonment.  Complying with […]

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How to Create Written Tenant Screening Criteria

By on October 4, 2017 in Education, Tenant Screening with 2 Comments
How to Create Written Tenant Screening Criteria

One of your primary goals as a rental property owner or manager should include finding the most qualified tenant who will pay rent on time, follow lease terms, and take care of the property. And most importantly – you need to find this qualified tenant through legal avenues. Awareness of, and compliance with, Fair Housing […]

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How to Tell if Your Rental Applicant’s Landlord Reference is Fake

By on September 29, 2017 in Education with 0 Comments
How to Tell if Your Rental Applicant’s Landlord Reference is Fake

Calling your rental applicant’s previous landlords for a reference is standard practice in tenant screening. You want to know if the tenant paid his rent on time, followed property rules, and is someone worth renting to. And who better to tell you if an applicant is a good renter than his current or past landlord. […]

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The Fair Credit Reporting Act – Guide for Landlords

By on September 22, 2017 in Education, Tenant Screening with 0 Comments
The Fair Credit Reporting Act – Guide for Landlords

The following article is from the Federal Trade Commission’s  guidance on Using Consumer Reports: What Landlords Need to Know. Landlords and property managers are legally allowed to review a rental applicant’s consumer reports and run a background check to determine if he or she will be a qualified tenant. Housing providers will use a variety […]

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How Much Does Tenant Turnover Really Cost?

By on September 11, 2017 in Education with 0 Comments
How Much Does Tenant Turnover Really Cost?

Tenant turnover is the process of getting a rental property ready for a new tenant after a lease expires and your previous tenant moves out. Property managers and landlords need to make the turnover as efficient as possible to minimize the time the property is unoccupied. Every day that a property sits vacant is a […]

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What is the Federal Fair Housing Act?

By on July 24, 2017 in Education with 1 Comment
What is the Federal Fair Housing Act?

Landlords, property managers and housing providers are required to honor the civil rights protections established under the Federal Fair Housing Act(Title VIII of the Civil Rights Act of 1968).   The Fair Housing Act is the set of laws associated with anti-discrimination laws for renters. The Fair Housing Act applies to other real estate transactions, […]

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The Dos and Don’ts of a Tenant Interview

By on July 19, 2017 in Education, Tenant Screening with 6 Comments
The Dos and Don’ts of a Tenant Interview

Properly screening your tenants is the most important step a landlord can do to protect their investment property and management business. In order to ensure that you have responsible tenants, that not only pay their rent on time but also value and take care of their home, there are certain qualifications landlords use to evaluate […]

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Impress Your Future Landlord and Get Approved for Your Dream Rental

By on July 11, 2017 in Education with 1 Comment
Impress Your Future Landlord and Get Approved for Your Dream Rental

In a competitive rental market, getting approved your next apartment can depend on more than just your credit score and income. A rental hopeful should always put their best foot forward when trying to impress a future landlord. In fact, apartment hunting can be as competitive as landing your dream job.   Some tenants have […]

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How to Legally Deny a Rental Applicant

By on May 23, 2017 in Education with 5 Comments
How to Legally Deny a Rental Applicant

Property managers are responsible for approving and rejecting rental applicants. As long as the reasons for denial are legitimate and meet Federal Fair Housing Guidelines, you have the right to approve the most qualified rental applicant to become your next tenant (and say “no” to the rest).   To understand just how often rental managers […]

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What is Cash for Keys for Rental Properties?

By on April 17, 2017 in Education with 1 Comment
What is Cash for Keys for Rental Properties?

Would you rather pay for an eviction and potential property damage from a disgruntled tenant, or simply pay the problem tenant to just disappear? If you have a renter who stopped paying rent or is a nuisance to rent to, you might consider a cash for keys agreement to get them to leave. Cash for […]

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