When it comes to filling your properties, not all tenants are created equal. The best-case scenario for investors? Finding tenants who are looking for a long-term home, not just a place to stay for a few months or a year.Long-term tenants provide consistent income that you just won’t find if you …
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The LEAP Property Management Proven Tenant Placement Process
As an investor and landlord, it can be hard to look at tenants objectively.Just imagine this scenario: You have a property that’s been sitting on the market for 90 days. You’re not getting any traction — no showings, no applications, no nothing.But then someone applies. Now, the application is…. …
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How to Effectively Screen Tenants for Your Rental Property (While Protecting Yourself)
There’s no way around it: the success and profitability of your properties are directly related to getting quality tenants. And the key to getting quality tenants is proper tenant screening.Tenant screening is the only way to ensure the people who rent your properties are responsible and pay their …
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How Texas Landlords Can Protect Themselves From Fair Housing Complaints
There were 28,181 reported fair housing complaints last year — and 91.5% of those happened in rental transactions. Sounds like a lot, right? But these are just the reported cases. The National Fair Housing Alliance estimates 4 million instances of discrimination happen each year in the rental market …
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How to Identify Problem Tenants Before You Sign That Lease
The story you are about to hear is true. Only the names have been changed to protect the innocent — or maybe not so innocent — but we’ll keep them anonymous!Last year, we met Bill. He came to us and said, “I want you to manage my property, but I’ve already found the tenants. We’re not under lease …
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4 Important Reasons You Should Leave Tenant Screening to The Pros
Of everything you do in the process of filling your properties, tenant screening is arguably the most important part.Properly screening tenants will ensure that you get responsible people in your units: people who are likely to care for your property, follow the rules outlined in your lease, and …
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5 Types of Problem Tenants That Cost Landlords Money
As a landlord, you're hoping for a tenant who pays rent on time, takes care of the property, follows the rules, and then renews their lease. Unfortunately, that’s not always who you’ll get. But you can stack the odds in your favor! A good quality tenant isn’t hard to find when you know how to …
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How to Stay Compliant with Fair Housing Laws
Want to tank your career in rental properties? Just ignore Fair Housing Laws. Sure, Fair Housing Laws for renters are complicated. But in real estate, they’re a must. And claiming ignorance if you break fair housing laws unintentionally won’t work. When it comes to discrimination, there’s no …
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Top 4 Warning Signs of Trouble Tenants
No one wants an irresponsible tenant. People that damage property and miss their payments are every landlord’s nightmare! If you want to prolong the life of your property, the best way to do that is to rent to people who take care of the house when you’re not there. However, finding these kinds …
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5 Mistakes to Avoid When Screening Tenants
Finding the perfect tenant can be a difficult task. Late rent, property damage, and unreliability make most landlords wonder if rentals were ever a good idea. Luckily, there are ways to prevent most tenant mistakes from ever happening.
Common Mistakes to Avoid When Screening Tenants
Thorough …
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