If you’re a landlord, you know rental application rejections are part of the process. While it’s never fun to deny a tenant, you always want to make sure your property is in good hands. That said, you can’t reject an applicant for no good reason. Being fair, professional, and compliant throughout the process is crucial. […]
Tag Archives: rental application screening
13
Jun
Jun
Now that you’ve successfully submitted your apartment application, the waiting game for approval begins. But, how long does an apartment application take to get approved? This guide will explain how long it typically takes to get approved for an apartment, what factors are involved, and what you can do to speed up the process. —————————————————————————————- […]
02
May
May
If you’ve never applied for rental housing before, you may not know how the process works or how long it should take to get approved. Usually, it’s pretty straightforward. However, the process may differ a bit depending on your landlord or the property management company you’re working with. Today, we’ll go over how to apply, […]
16
Feb
Feb
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 […]
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 […]
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