All Forum Posts by: Jenifer Kynor

Hi Akshar,

I highly recommend always running a background check, credit check, and full eviction report on every applicant living in the home above the age of 18 years old.  You'll run the screening report once you receive the renters application. Before you start accepting applications, write down a full list of criteria for an applicant. Will you accept pets? What is your income requirement? Ex. 3 X the rent? What is the minimum credit score you'd accept? Will you allow previous evictions? etc. Always stick to this list and be very consistent!

Hi Akshar, 

Congratulations on closing on your first property! For finding average rent in your neighborhood, I recommend running a Rental Estimate Report. You'll put in the number of bedrooms and bathrooms, along with your zip code and you can see what the average rent is in that area. It is a great starting point for you to determine what you'd like to rent it out for. 

Also, when marketing your property, the more sites you're on, the better! Make sure you're always on the big guys; Zillow, Trulia, Rent.com, Hotpads, Craigslist, etc. With a well written description, professional looking photos, a fair rental rate, and exposure on the popular listing sites, you shouldn't have a problem getting leads! 

Hi Kevin, 

The best thing you can do, especially in the off season is to post everywhere!! Craigslist, Zillow, Trulia, Rent.com, Hotpads, etc etc. I have not used Zillow Rental Manager but I know there is software out there with marketing syndication capabilities and you'll see your listing on all of the big sites pretty quick! 

I can go ahead and reach out to you directly with some suggestions based off what I've used in the past! 

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If she doesn't have any photos from the date she moved in and did not complain then, I wouldn't bother. To avoid this in the future, you could ask your tenants to complete a unit condition form when they move in so they can document any damages in the unit as they moved in and can attach photos. That would avoid this ever happening again. 

For your current situation, if it was a complaint within the first 48 hours I would go ahead and get cleaners in there. Anything longer than that, it is your tenants responsibility if they aren't happy with how it looks. 

@Roman Bulgakov That's correct! 

Hi Tracey, 

I live in an apartment with individual leases, I think one important thing to have in the lease is that they are personally are responsible for any damage to their individual rooms, but will share common area damages equally. I think the common areas can be tricky sometimes. You should also be sure to have something in the lease about guests and how many consecutive nights a guest can stay at a time. Those are always the biggest problems I see with individual leases. 

Hi Roman,

A lot of landlords use free software that will send property listings directly to the big listing sites. Personally, I think the more eyes on your listing the better. Zillow, Trulia, Hotpads, Rent.com, Apartments.com, and Craigslist are some of the major guys to always be on! 

Have The Right Forms. Be Prepared. Be Ready. 

TurboTenant is revolutionizing the rental process by providing savvy landlords with cutting-edge technology that’s intuitive, powerful, and designed to save landlords time and increase profits. Landlording is not something to fear, which is why we believe that every property owner should have the tools to manage their properties easily.

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I would personally always asking for at least 550-600 as the bare minimum. Regardless of the rent amount, you want to be confident that your renter has good payment history. 

The company I work for always recommends 550 an approval, anything lower you could approve potentially but with conditions such as a cosigner. Hope this helps!