Tenant screening is one of the most critical steps in the rental process. Without a good tenant screening procedure, you can easily end up with unqualified tenants who can’t pay rent on time or leave your property damaged beyond repair. Unfortunately, evicting such tenants takes more time, money, and effort than it’s worth. So, why […]
Tag Archives: rental application screening
21
Dec
Dec
Screening prospective tenants is a tedious but necessary part of being a successful landlord. Nationally, the average eviction rate is around 3%. However, according to the Aspen Institute Financial Security Program, post-COVID eviction rates could jump as high as 20% in the coming year. As job and income loss heavily weigh on renters’ minds, landlords […]
28
Aug
Aug
Investing in rental properties can be rewarding and a great way to build wealth. However, it’s not as simple as buying properties and placing tenants in them. Instead, you’ll want to choose high-quality tenants to live in your property. As such, landlords and property managers should look into prospective tenants’ backgrounds and learn more about […]
01
Aug
Aug
One of the main responsibilities of landlords and property managers is tenant screening. First, you’ll want to review a prospective tenant’s rental application, then begin the screening process. However, doing this manually can take up a lot of your time. As such, many landlords or property managers opt to streamline the process with online applications […]
27
Jul
Jul
The initial rental application is one of the most important forms for landlords and tenants. However, knowing what to include on the application and knowing how to evaluate each applicant’s information is a crucial step in the process. Today, we’ll go over the importance of the rental application process and rental application mistakes for landlords […]
12
Jul
Jul
Landlords or property managers run various checks on prospective renters during the tenant screening process. Aside from speaking to references and performing background checks, analyzing a tenant’s credit report is important. After all, a credit check can reveal a prospective tenant’s likelihood to pay rent on time each month. However, a good credit score doesn’t […]
23
Nov
Nov
Landlords should be no stranger to the laws and guidelines of the federal Fair Housing Act. These laws ensure that tenants in protected classes do not face discrimination throughout the housing industry. However, Fair Housing Laws are not the only regulations that owners must be aware of. While creating standard qualification and screening processes, rental […]
12
Nov
Nov
The rental application and subsequent tenant screening questions are a landlord’s first defense against troublesome tenants. That said, many landlords do not know what they can or what they should ask to secure the best occupant. After all, landlords must be mindful not to violate any Fair Housing Laws with their screening criteria. So, join […]
22
Apr
Apr
Apart from the lease, a rental application is the most important document in the rental process. For tenants, having the required documents at the ready will help you jump on great listings in a competitive market. After all, having your first choice property swept out from under you is an awful experience. So, to boost […]
28
Dec
Dec
Landlords face many challenges as part of running a rental property business. However, one of the biggest challenges is dealing with all kinds of problem tenants. Trying to handle these difficult tenants can put landlords to the test. So, it is vital to recognize issues early and know how to prevent them from getting out […]
- 1
- 2