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: tenant screening tips
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 […]
25
Apr
Apr
Did you know that a whopping 79% of credit reports contain some kind of error? That’s right, nearly 4 out of 5 credit reports could be leading landlords and property managers astray. In this blog, we help rental owners learn how to navigate credit disputes and the ins and outs of tenant credit issues. Understanding […]
06
Apr
Apr
For landlords, keeping good tenants in your rental properties is the ultimate goal. However, it’s hard to know whether your tenant will be good or bad without a tenant screening process. Tenant screening can help you distinguish the quality tenants from the terrible tenants. However, many landlords aren’t sure what questions to ask or how […]
24
Mar
Mar
Finding quality tenants for your rental properties is crucial in running a successful rental business. However, conducting showings, following up on leads, and facilitating applications can be a time-consuming process. For landlords without professional property management in Washington DC, running to showings for applicants who are unqualified or not truly interested wastes valuable time. To […]
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 […]
06
Oct
Oct
The COVID pandemic has changed many things in the rental industry. However, landlords must have comprehensive and fair rental screening policies that remain consistent. That said, many renters had their income interrupted or even faced eviction due to the pandemic. So, how should future landlords view these circumstances? The trouble is, without thorough screening, landlords […]
29
Jun
Jun
Tenant screening is a landlord’s best defense against potential problem tenants. However, it is also a process that opens property owners up to major liability if Fair Housing Laws are not carefully followed. In this day and age, lack of knowledge is not a defense. So, landlords must learn and adhere to all federal, state, […]
08
Apr
Apr
Few words can conjure anxiety in landlords faster than “vacancy.” Especially as many landlords struggle to recover from the pandemic, every rental dollar counts, and vacancy is a costly endeavor. So, properly preparing for tenants to inevitably vacate and maximizing the tools at your disposal are the keys to success. Continue reading below as we […]
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 […]
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