This might come as a surprise to some landlords, but a majority of tenants actually want to report rent payments to a credit reporting agency. A recent survey conducted by TransUnion credit bureau shows that a whopping 73% of tenants say that reporting monthly rent...
Category
Tenant Screening
Portland Orders Landlords to Lower Tenant Screening Standards
A controversial new rental regulation package was passed by Portland's City Council. The rules include a requirement that landlords accept the first qualified applicant to apply, consider tenants with poor credit history, and allow tenants with felony convictions --...
Popular Tenant Scams (as Revealed by Tenants)
Bad tenants are funny. They complain about landlords not giving them a fair shake, but then they post their most corrupt ideas on the Internet for others to follow -- and for landlords to see. Here are a few choice examples: How to Hide a Bad Rental History This is a...
Ontario Landlords Gain Better Access to Eviction Records
Landlords in Ontario now may be able to access previous eviction records, which could greatly enhance their ability to screen rental applicants and avoid income loss from chronically bad tenants. The move comes after a court order which requires the social tribunals...
3 Common Tenant Screening Mistakes
Technology is a double-edged sword: it allows lightning-fast communications and unparalleled efficiency. But when it comes to screening tenants, technology also creates special problems that landlords cannot ignore: Online Rental Applications Promote Tenant Fraud The...
Landlord’s Misstep Repeated 14 Times
A Vermont landlord has been charged with housing discrimination after rejecting an applicant with small children. According to the complaint lodged with the Vermont Human Rights Commission, which reviewed a voicemail message and a recorded phone conversation, the...
Minneapolis Mulls Far-Reaching Restrictions on Tenant Screening
Minneapolis lawmakers are considering a proposal that would force landlords there to accept tenants with criminal backgrounds, bad credit, and prior eviction history, and limit both general and pet deposits. Landlords are fighting back. The proposed rental ordinance...
Landlord Regrets Not Screening Tenant
A landlord in Ontario told the news that if he had run a background check on his nightmare tenant, he wouldn't be in the situation he's in today. At least three landlords say they were victimized by the same tenant who moved in, stopped paying rent, and called in...
5 Winning Property Management Strategies
Half the battle of managing rental properties is having good systems in place. Even if a landlord only fills vacancies occasionally, it's important to have solid processes to rely on to avoid recreating the wheel with every new tenancy. Landlords who stick with these...
3 Things Landlords Need to Know About Tenant Screening
Tenant screening may the most important part of property management, but it doesn't need to be the most difficult. Don't make it harder than it has to be. Avoid these mistakes and keep your properties profitable for years to come: Your Rental Ad Could Be Your Undoing...