Best tenant screening service.
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.
For real estate professionals, there is often a common tendency to try to do everything on their own. While the DIY approach is important for successful entrepreneurship, it’s also important to learn where you can save time and money by leveraging existing resources.
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.
Earning reward points toward free services with VerticalRent just got easier. You will start earning points immediately for every credit, criminal, and eviction report processed.
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.
I have always felt that one of the single most important assets as a landlord is one's reputation. All too often, we hear about landlords who do not keep up their properties, charge too much for rent, and in general, have no care or consideration for their tenants.
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.
While it would certainly be nice if everything was always smooth sailing with tenants that is not always the case. The simple fact is that from time to time, you are going to find yourself in a dispute with tenants. Making certain that you are prepared for inevitable disputes can help you to avoid being caught unaware.
We have listened intently to our landlords over the past few years and will be introducing a flexible tenant screening option in VerticalRent 2.0. Our basic package will remain completely free to landlords.
VerticalRent has been making quite the splash across the United States for independent landlords owning between 1 and 50 units. Now serving landlords in all 50 states, we have reached a milestone and are celebrating with the introduction of VerticalRent 2.0 – available late September 2014.
Free classified sites are infamous for being full of scammers. The VerticalRent Trusted Landlord Seal ensures potential renters that your vacancy advertisement is legitimate.
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.
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.
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.