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All Forum Posts by: Sarnen Steinbarth

Sarnen Steinbarth has started 4 posts and replied 293 times.

Post: Turbo Tenant....does anyone use it? Pros/cons

Sarnen SteinbarthPosted
  • Commercial Real Estate Broker
  • Fort Collins, CO
  • Posts 308
  • Votes 151

@Charles Frankenhoff  TurboTenant actually uses SmartMove / TransUnion for our reports.  So it would be the same type of report with full credit report, score, criminal, eviction (optional), etc.

Feel free to reach out with any other questions!

Post: Pre-screening tenants to Scheduling a showing

Sarnen SteinbarthPosted
  • Commercial Real Estate Broker
  • Fort Collins, CO
  • Posts 308
  • Votes 151

@Dale Lotts  

I think it depends on your rental market and demand, but I will typically only show our units to prospective tenants that have already applied.  This really cuts down on time spent showing uninterested parties.

Of course the down side to this is some prospects will be reluctant to apply until they have seen it. 

However with a good property website, virtual tour, floorplan and all the basic information that they'd need to know on our website we have had great results with tenants applying first and showing second.  

This might be an option for you . . .

Post: what to do if the tenant is not comfortable giving SIN number?

Sarnen SteinbarthPosted
  • Commercial Real Estate Broker
  • Fort Collins, CO
  • Posts 308
  • Votes 151

@Tajinder Kandola  There are a handful of services out there that allow a tenant to provide you with a credit report and background check without you needing to receive their SSN.

Post: Can I use social media for tenant screening?

Sarnen SteinbarthPosted
  • Commercial Real Estate Broker
  • Fort Collins, CO
  • Posts 308
  • Votes 151

@Vitaliy Merkulov

Everybody has a Facebook page. And an Instagram page, a Twitter account, and half a dozen other social media presences. For landlords, social media has the potential to provide verification of information provided on applications as well as a glimpse into how they might be as tenants. However, it’s also a field full of potential landmine issues with fair housing.

There are important things to remember when using social media to screen tenants.

Start with a solid application process

If you’re not starting with a thorough rental application, a credit check, and a criminal background check, go no further.Beyond that, have a checklist of uniform criteria and standards you need each tenant to meet. Be very clear about what data you are basing your rental decisions on.

Check the same social sites for every applicant

Every applicant should be treated the same, so check the same sites for each potential renter. There are people who feel that conducting a little social media research is a violation of privacy. But if their accounts are public, that information is fair game to not just you, but potential employers, law enforcement, and grandmothers everywhere.

Be clear on what you’re looking for on social sites, have a list

LinkedIn could be useful as part of the employment verification. Facebook can let you know if a pet exists that wasn’t on the application. And Instagram may potentially help determine how frequently they throw parties that get out of hand. Know what criteria you’re looking for on the sites and stick to it.

Document

Fair methods for selecting tenants are nondiscriminatory, well documented and applied uniformly to protect yourself from fair housing complaints. If your research reveals your potential tenants are members of a protected class and you don’t offer them the rental unit, you could be exposing yourself to fair housing complaints and lawsuits. However, if your reasons for selecting different tenants are fair, nondiscriminatory, well-documented, and you applied your screening requirements uniformly, you should be protected.

Think

The major drawback with adding social media to your tenant screening process is that once you learn something about a potential renter, you can’t unlearn or unsee it. Political season is upon us and more and more people are turning to social media to express opinions and beliefs. You may disagree with a person’s political beliefs, religious beliefs or life choices that have nothing to do with whether or not they will be a good renter. If these kinds of things are going to affect your decisions, you should probably skip out on the social media check altogether.

Screening tenants as thoroughly as possible is simply good business. Social media provides a more full picture of potential renters than hard data such as credit reports, income and housing history may do alone.

The Fair Housing Act protects people from discrimination when they are renting, buying, or securing financing for any housing. The prohibitions specifically cover discrimination because of race, color, national origin, religion, sex, disability and the presence of children. Many states, counties and municipalities have additional protected classes.

Here is the blog post that this came from: https://www.biggerpockets.com/blogs/7520/47329-social-media-and-tenant-screening

I hope this helps!

Sarnen

Post: Tenant Screening Tips

Sarnen SteinbarthPosted
  • Commercial Real Estate Broker
  • Fort Collins, CO
  • Posts 308
  • Votes 151

@Tony Castronovo

With regard to personal references question: you are right - they are usually friends and not worth the time.  I still like to have their information however - it might be very useful in the event they skip out or there is an emergency, etc.

Post: What do you use for tenant screening

Sarnen SteinbarthPosted
  • Commercial Real Estate Broker
  • Fort Collins, CO
  • Posts 308
  • Votes 151

@BrannDon Albert

So glad you are liking it!

Post: Favorite software for a Landlord?

Sarnen SteinbarthPosted
  • Commercial Real Estate Broker
  • Fort Collins, CO
  • Posts 308
  • Votes 151

@Jeff Schroeder

Are there particular must-have features that you are looking for in a software?

Post: smartmove

Sarnen SteinbarthPosted
  • Commercial Real Estate Broker
  • Fort Collins, CO
  • Posts 308
  • Votes 151

@Tony Roddenberry

Honestly, we have not yet had any feedback from our users requesting a multi-bureau report.

When it comes to the 3 major credit bureaus TransUnion is certainly the top pick for the rental world.

There is a reason that BiggerPockets, the CA Association of Realtors (and lots of other Realtor associations), TurboTenant and the majority of property managers in the US use them.

We could have actually gotten reports from another bureau for cheaper, but opted to partner with TransUnion because, after doing a lot of research, we felt they were superior.  (And I had personally used them for years in a property management company that I owned).

So we are not currently considering adding reports from the other bureaus, but we do have a lot of really neat features planned that we will be expanding into - all free for landlords.

Post: smartmove

Sarnen SteinbarthPosted
  • Commercial Real Estate Broker
  • Fort Collins, CO
  • Posts 308
  • Votes 151

@Account Closed

While we don't personally have people that go to the court house (we are strictly a software company), much of the data that is compiled does come from these local searches - so it is more than what is only available online. 

There are comprehensive results for 46 states.

  • 200+ million criminal records searched, from both state and national databases
  • Results available within minutes
  • Available 24/7, from anywhere online
  • More detailed results
  • Credit bureau strength record matching delivers fewer false positives

*Instant criminal results not available for Wyoming, Delaware, South Dakota, and Massachusetts.

I believe TransUnion has, by far, the largest database; Experian has credit information, but does not provide criminal records.

The detail in the criminal reports is quite impressive - everything from parking tickets to aggravated assault will show up.

Post: smartmove

Sarnen SteinbarthPosted
  • Commercial Real Estate Broker
  • Fort Collins, CO
  • Posts 308
  • Votes 151
Originally posted by @Tony Roddenberry:

Thanks Chris and Eugene for responding. I had heard of Cozy before but didn't know about all the services they offered. I would like to hear more about the online payment process if anybody has had any experience with it. 

TurboTenant looks to be a newer company that is trying to catch up with cozy. Their site has a better feel to me and I hope they get their pay on line feature up and running soon. However they are a bit more pricey when it comes to background checks.

 Hi, I'm the founder of TurboTenant.  I'm glad you liked our site!

We are really close to releasing our online rent payment feature and are very excited that we will be able to offer one of the fastest payout times in the industry - 2 business days - at no cost to landlords.

Since you mentioned it, I should point out, that if you are looking to get a credit and national criminal report together (which we highly recommend both) our pricing is $35 - about 5 bucks cheaper than Cozy's. 

Based on the topic of this thread it is worth noting that our screening reports are backed by TransUnion / SmartMove, but they are fully integrated into our software / rental application.  You don't need a separate account.  To get the report, all the landlord needs to do is click a button once they have received a rental application online.

I am happy to answer any other questions.