Have you ever had a rental applicant provide falsified information when filling out their rental application? Did you notice it during screening or were the lies discovered later on? Many landlords have had this experience, and some have even been tricked by fake pay stubs. Pay stubs are one of the most commonly faked documents…Read More
One of the most important aspects of screening is knowing what to ask a tenant’s employer when you are verifying their income, job, and other facts. Doing this ensures that you are setting both the tenant and your business up for success. By taking some time to verify that the prospective tenant can truly afford…Read More
Updated February 2022 New landlords and those unfamiliar with the rental industry may think the tenant selection process is limited to reviewing applications and taking potential tenants on rental property tours. However, there is more to the screening process than these two steps. Many landlords automate the pre-screening process, so tenant applicants have already made…Read More
When a tenant breaks a lease agreement, it’s sure to cause additional property management problems. However, there may be circumstances where the tenant has a good reason to do so. One of the most common scenarios is when there is domestic violence. Landlords must know what to do when tenants are breaking a lease due…Read More
Updated December 2021 Many landlords think a lot about on-the-ground lead generation and how to ensure that more potential tenants see their apartment listings. Once those individuals start sending in rental reply requests, however, not all landlords know how to take appropriate action so they can lease out their property quickly. The way you funnel…Read More
When talking to experienced landlords, you might hear them mention using a rent income ratio calculator as part of their tenant screening process. This tool makes it easy to ensure that in addition to being a reliable tenant, the individual also makes enough to afford the cost of rent each month. No matter how much…Read More
Updated November 2021 Many landlords consider themselves lucky to get responsible, communicative, and long-term tenants. However, there are times when you’ll wind up with tenants you’d like to evict. But what happens if the tenant wins the eviction case? When you start renting properties, you’re setting up an investment plan that requires a lot of…Read More
Updated August 2021 What do a credit freeze and background check have in common? For landlords trying to find the best tenants for their rental properties, credit freezes can present an interesting situation to navigate. What do you do when information on a tenant’s recent credit history isn’t readily available? Landlords should always run a…Read More
Updated August 2021 Buying new investment properties offers fantastic opportunities for your rental business, but it’s not always possible to buy vacant properties. Sometimes properties come with rental contracts already in place, and that means it is time for you to learn how to handle inherited tenants. Inheriting tenants doesn’t need to be a difficult…Read More
Updated July 2021 Keeping tenants on regular leases is the preference of experienced landlords, but sometimes, you end up with a holdover tenant that stays at the property beyond the official tenancy period. How can this precarious situation end up affecting your business long term? There are potential positive and negative outcomes of this situation,…Read More
