Best tenant screening service.
If you're like most landlords, you have many big concerns about your rental property, and rightfully so. Out of all the concerns, getting bad tenants is perhaps what most landlords dread the most. If you get bad tenants, you run the risk of your rent not being paid on time or being paid at all. You also run the risk of your property being inhabited by tenants who can't treat their units with care.
Allowing someone to live on your property is similar to hiring an expert to work in your company. Your revenue, security, and peace of mind depend on how well you choose the team players. Just as potential employees go through background checks, potential tenants can undergo a similar screening process. By learning all you can about the person, who will become the source of your income, you are protecting your rental investment.
When you are keen to rent out your property to people, one of the major things that you are going to have to focus on is ensuring that you find some tenants in the first place. The process of going out to find tenants can actually be surprisingly difficult to get right, and it is something you will need to work on if you are to make sure you find the right people.
While it might not be that you have the most luxurious set of properties to rent, it can often be that with a little effort and consideration, you are able to upgrade the kind of tenant you attract. Of course, we’re not suggesting that you should discriminate on who you have in your properties.
You have taken the leap to become a landlord, choosing investment properties carefully and beginning to vet your potential tenants. One of the methods that you'll use to see the responsibility of the tenants is through a check of their credit. Credit checks reveal a lot of potential red flags: extremely high debts, late payments in the past, or past legal action can often be visible on the report.
Tenant satisfaction matters. Happy tenants are more likely to renew their lease, recommend your property to their friends and not write poor reviews all over your website. In fact, satisfied tenants are three times more likely to renew their lease if they are satisfied with property management than if they are disappointed or apathetic.
If you own a rental property business, then you already know that the daily schedule of your business is tough. When you own several rental properties, it can be hard to keep track of each property, along with talking to new and existing tenants, maintenance requests and services and all the other aspects that go along with this business. The best way to streamline your rental property business is to use the latest technological advances to better serve your customers and employees.
For renters, it is important to be a responsible tenant. If you have a proven track record as a renter, you will be able to find a new rental property with ease, but still have to complete the tenant screening process
When deciding to become a landlord and invest in rental properties, the idea can be scary. You want to be successful, but how do you ensure success? There is no true formula that will dictate a profit, but by following quality tips, you can see yourself making money with rental investments in 2018.
When you begin to dabble in the rental real estate world, you will find that tenants range from the highest quality to the less than stellar. As you begin looking for tenants to rent your residential rental properties, it is important to know how to protect your investment.
When owning an apartment building or residential rental home, it is imperative that landlords or property managers choose a responsible tenant. A responsible individual that rents your property will be able to pay rent on time, care for the property and be pleasant to neighbors.
When owning rental property, it is important to conduct a quality background check on potential tenants. By doing so, you are eliminating the potential of renting your property to a criminal.
When you choose a tenant for your rental property, you do so by conducting tenant screening. With tenant screening, you are acquiring information regarding the tenant, including completing a background check.
As a landlord, you want to have quality tenants residing within your property. To streamline the process of finding tenants, a rental application form is needed
Years ago, managing rental properties could be quite difficult. Before today’s technological advances, every aspect of property management was done by hand. It could be quite difficult to handle the day to day operations of properties, especially when owning several homes or buildings.
As a landlord, you want to rent your properties to individuals who are responsible and upstanding citizens. You practice tenant screening with every potential renter, but are you possibly missing something?
When it comes to purchasing real estate rental properties, you may find your self with inherited tenants. The current property owner already uses the home or building as a rental but wants to move on to something else.
As a landlord, you want to find the best tenants for your rental property. To do so, you must complete tenant screening and background checks, trying to get to know the person you are considering. If you are new to the real estate rental industry, you may have no idea where to start when reviewing potential tenants.
Are you considering investing in a property that would function as student housing near a university or college? In the United States, there are hundreds of cities located near colleges and universities where you can purchase a property that can be marketed towards students.
When investing in a real estate rental property, one of the most important marketing tools is photography. You must have quality photographs of your property when listing a home or building for rent. The photos must catch the eye of potential tenants so that you have a large pool of individuals to choose from.
As a landlord, maintaining tenants is the key to success. Without tenants, you will not earn a monthly payment for your property. That being said, without quality tenants, you may experience vacancy issues as well as problems with rent being paid on time or damage to the property.
Managing more than one property can be overwhelming, especially if you are handling the day to day operations by yourself. There are many tasks to keep track of as a property manager, including rent payments, finding new tenants and maintenance.
When it comes to being a rental property owner and landlord, tenant background checks are a must. Novice property owners will often rent to friends or acquaintances without a background check only to find the new tenants default on rent or destroy the property.
The term tenant screening is used in the rental property industry as the way in which tenants are reviewed for occupancy within a property. Tenant screening is essential for landlords to find the right individual to rent their property.
Anyone who stays current on California real estate knows that the state is facing a serious supply and demand issue. There simply aren’t enough homes on the market, and those that are available get snatched up before the ink on the “For Sale” sign dries.
If you are a landlord, especially a new landlord, you need to know how to maximize your return on your investment. Here are our top five tips for the best property management practices.
One of the most challenging, yet rewarding, jobs is being a landlord. Whether it's a full-time gig for you, or it's your side hustle to earn some extra income, there is a lot to think about and understand if you want this venture to be successful.
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.
Rental property has always been a favorite business for those with the discipline and stamina to take on being a landlord. And ever since there’s been a rental property, there’s been a tenant willing to destroy it.
One of the most prominent issues that landlords encounter when having rental property is having tenants that don’t pay their rent on time. Although one late payment may not actually put you over the edge, the pattern could eventually hurt your wallet.
As a Colorado Landlord, you must understand the basics governing landlord-tenant relations. Before jumping into the world of rental properties, it's smart to understand the various statutes, ordinances, caselaw, and federal law as it relates to the area you plan to invest.
Landlords in America often face difficult conversations with their applicants and existing renters. Many renters believe that everything is negotiable, including the lease agreement that you lay out in front of them after they have passed the tenant screening process.
New landlords often skip over the important aspects of qualifying a renter before signing the lease. At the most basic level, a landlord should absolutely sign a rental lease agreement with a new tenant.
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.
LinkedIn has become one of the most widely used social media platforms since its inception in 2002. It has over 460 million members in 200 different countries. For this reason, it is a perfect tool for affiliate marketers looking to expand their business practices.
While other sites are gaining momentum, Facebook stills ranks as the most popular social media platform. For affiliate marketers, the reach of this site simply cannot be ignored.
We all know that people prefer to do business with people they know, like, trust and respect. As landlords, property managers and Realtors, we know that the more people who know, like, trust and respect us, the more business we are likely to do.
Are you looking to make extra money through your online social network? If you have a large online following of landlords, realtors, property managers, or renters, consider joining our affiliate marketing program.
Nothing makes being a landlord easier than getting the right tenant in your property. Leasing to a tenant who has had problems in the past is risky and can lead to headaches and financial losses. Here are three red flags that should make you think twice before renting to a prospective tenant.
Sometimes a landlord needs to screen potential tenants who happen to be foreign nationals. However, it makes a difference whether the applicant is an individual or a business.
If you are listing a rental property and want to move through the process quickly, one thing you shouldn’t take off of your list is background screenings for new tenants. While this might seem like a hassle and is an extra expense, this can actually save you money in the long run.
If you are looking for new tenants for your rental property, sometimes the process can seem overwhelming. With open houses, walkthroughs, and vetting prospective renters, it can be easy to forget to do an in depth screening.
There are many benefits to living in a community with an organized Home Owner Association (HOA). For starters, we can rest assured that nobody in the neighborhood will suddenly paint their house pink for no particular reason!
Many of the folks using VerticalRent are do-it-yourself landlords who use our system to protect their investment with tenant credit and background checks.
A tenant credit report is a must for those who have been in the rental business for quite some time and especially to those who are new to renting out their properties.
A rental application form is tremendously valuable to landlords and to prospective tenants because your rental application form can contain all the information you and your tenant needs when it comes to the finer details of the apartments.
Credit checks for landlords are helping to transform the landlord business into a much safer and more efficient business. There are plenty of laws, rules and regulations out there that are specifically created to help protect the rights of tenants so these individuals do not end up out on the streets.
A tenant background check is the perfect way to ensure that you get the best possible tenants for your property. It is hard to do proper character judging in a world filled with scammers and uncaring people.
Is denying a prospective tenant housing because of his or her criminal record discrimination? Well, according to the Feds, it could be.
On April 4, the U.S. Department of Housing and Urban Development (HUD) released new guidelines regarding the application of fair housing standards to individuals with a criminal history.
We've had a few questions in the past about the difference between inviting an applicant vs. running an instant check (via a token) on an applicant.
Looking for a superior investigative starting point for developing a more complete background check on your applicants? Look no further than our risk free Applicant Discovery Report.
Two flavors of tenant screening are available, invite and instant. VerticalRent's latest release unveils a broad spectrum of tenant screening features for both independent landlords and large real estate brokerage firms.
VerticalRent now offers both VantageScore and FICO. It’s time to officially understand the similarities – and more importantly – their differences.
While it is important to screen your tenants carefully to avoid mishaps and uncomfortable circumstances, you also have to be careful not to break any discrimination laws when conducting your search for the perfect renter.
Most property owners have experienced at least one issue with a problematic tenant. Whether it was a wild party that required the police to be summoned in order to quiet things down or it involved chasing the tenant for overdue rent, such issues can be a hassle.
VerticalRent announced today the release of its highly anticipated enhancement package 2.0. The list of enhancements is too much to outline, so we’re summing it up below for you. Enjoy!
One of the most important decisions you will make as a landlord is choosing the right tenant for your property. The right tenant can easily mean the difference between being paid on time or chasing the tenant for rent each month.
When it comes to renting your property, it is important to know who will be residing in your unit. A comprehensive tenant check can provide you with the information you need to make an informed decision about who will occupy your property.
The property rental business has dramatically changed in the last few years. Among the most significant changes is the transition to online management.
As the recent data breach with Target serves to underscore, you can never be too careful when it comes to your financial information. While you cannot eschew technology altogether, it is important to become educated about scams and various types of Internet fraud.
As a landlord, it is only natural for you to want to know more about an applicant before deciding to rent your property to that person.
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.
When you are in the business of renting properties, there naturally comes a time when you must reject an applicant. There can be a number of reasons why you might reject a rental application.