No-cost credit reports and free tenant credit checks.
If you work in real estate, you know the importance of tenant screening and rental credit checks. What you might not realize is there is another issue in real estate, and it’s a big one. It’s money laundering, and it’s hit Miami in a big way.
More people than ever are scheming on rental property owners and managers. Whether it's a serial delinquent payer or squatters bouncing from place to place, you need to have a system in place that protects you from such hazards.
When you’re a landlord, you need help everywhere you can drum it up. VerticalRent’s mission is to provide excellent services to landlords who could use some help.
Watch TV long enough in the evenings, and you will eventually see an advertisement for free consumer credit checks. Along with a fun jingle, there is usually reasoning behind why you should know your credit score. In the world of rental property and property management, you should also know your tenant's credit history.
Spring is in the air, and it's that time again—moving time! During the warmer months, you're likely to have an influx of prospective tenants. That's a good thing, but it's easy to get overwhelmed by the number of applicants.
Requirements for landlord’s running credit reports on prospective tenants continue to evolve. Credentialing is now required for all end users (landlords).
While the rental market may be stronger than ever, it is still important for landlords to exercise caution. Many people have been hurt by the economy and their credit scores have suffered the consequences.
Collecting rents is an important function as a landlord, but that process does not begin on the due date. It actually begins on the day that your tenant completes a rental application.