Applications and screening for rental properties includes articles on collecting applications, responding to inquiries from potential applicants, preparing for a showing, and how to screen an applicant to select the best tenant. The articles include how-to tutorials, downloadable and editable checklists and resources, and the tools you’ll need to succeed in screening applicants and finding a great new tenant.
No matter how detailed your listing description is, you will inevitably get the same questions asked over and over again by each person who is inquiring about your rental property. Instead of answering each question individually, we like to supply a list of FAQs for potential applicants to review before they spend the time submitting … Read more
When you start to accept applications for your rental property, you’ll inevitably get some applications that do not meet your minimum screening standards (even if you list them in the listing, some people just don’t read or don’t care). When this happens, you’ll have to carefully review the application and send back a Tenant Application … Read more
Reviewing a potential tenant’s background report is an important part of the tenant screening process. Sometimes, applicants have some baggage from their past including criminal records or eviction records. When that happens, it can significantly increase the chances of future criminal activity or potential safety hazards to others while they are renting from you. Rental … Read more
Reviewing a potential tenant’s credit report is an important part of the tenant screening process. Oftentimes, applicants have several large debt payments already (outside of their rent payment) and a history of late or delinquent payments on these debts. When that happens, it can significantly increase the chances of delinquent rent payments while they are … Read more
Verifying a potential tenant’s past rental history is an important part of the tenant screening process. Oftentimes, applicants want to hide any evictions on their record or don’t want you to talk to their current landlords so you can’t get information on the previous problems they’ve caused. When that happens, it can significantly increase the … Read more
Verifying a potential tenant’s income is an important part of the tenant screening process. Oftentimes, applicants stretch the truth on how much income they make or try to get housing that takes up too much of their monthly income. When that happens, it can significantly increase the chances of delinquent rent payments. Rental property applicants … Read more
Finding good tenants for a rental property is arguably one of the most essential tasks that a self-managing landlord must accomplish. You’re searching for a high-quality tenant that will pay on time, take care of the property, and be easy to communicate with all while trying to get the most amount of rent and filling … Read more