Podcasts about tenant screening

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Best podcasts about tenant screening

Latest podcast episodes about tenant screening

Investor Fuel Real Estate Investing Mastermind - Audio Version
Navigating Evictions: Essential Tips Every Tenant Should Know

Investor Fuel Real Estate Investing Mastermind - Audio Version

Play Episode Listen Later Apr 30, 2025 32:27


In this engaging conversation, Brett McCollum speaks with Anne-Michelle Frances, a seasoned eviction specialist and founder of Blueprint Evictions. They explore the intricacies of evictions, the importance of compliance with laws, and best practices for landlords. Anne-Michelle shares her unique journey into the eviction business, her approach to homeschooling her children as entrepreneurs, and the impact of location independence during the COVID-19 pandemic. The discussion also covers the essential CODE system for successful property management and tips for finding the right property management company.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

Pave The Way Podcast with Greg Helbeck
Tenant Screening Red Flags

Pave The Way Podcast with Greg Helbeck

Play Episode Listen Later Apr 24, 2025 5:16


Want to avoid costly evictions and ensure you're renting to reliable tenants? Check out my latest video where I dive into key red flags to watch out for when screening tenants. From income verification to handling credit, these tips could save you a lot of hassle and money in the long run. Watch now and protect your investment!   Contact me! greg@velocityhousebuyers.com Instagram @grego_37

The Best of Azania Mosaka Show
Tech Feature: An app set to transform tenant screening in South Africa

The Best of Azania Mosaka Show

Play Episode Listen Later Apr 22, 2025 9:14


Relebogile Mabotja speaks to Ross Fitzcharles the Founder and CEO of Preferental which is a leader in property management innovation, and it has responded to the growing need for more efficient tenant vetting with the launch of its new tenant screening app. This cutting-edge tool is designed to streamline the tenant selection process, providing property managers and landlords with quick, reliable, and comprehensive tenant profiles.See omnystudio.com/listener for privacy information.

Creating Wealth Real Estate Investing with Jason Hartman
2291: Inside Property Management- 26 Years of Gritty Real Estate Wisdom, Tenant Screening Secrets, Avoiding Evictions and Finding Quality Renters

Creating Wealth Real Estate Investing with Jason Hartman

Play Episode Listen Later Mar 31, 2025 25:15


Kimberly, a seasoned property manager with 26 years of experience, shares insights on effective tenant management. She emphasizes thorough tenant screening, including credit checks and reference calls, and advocates for detailed lease agreements with house rules to educate tenants. Kimberly prioritizes showing properties before vacancy, ensuring minimal downtime. She also stresses the importance of clear communication, regular inspections (within legal limits), and proactive maintenance. In California, she advises focusing on single-family homes due to tenant protection acts on multifamily properties. Her strategies aim to minimize evictions and maintain positive landlord-tenant relationships. #RealEstateInvesting #PropertyManagement #TenantScreening #LandlordTips #RealEstateAdvice #RentalProperty #InvestmentProperties #CaliforniaRealEstate #EmpoweredInvestor #RealEstateTips Today's sponsor https://JasonHartman.com/Connected offers real estate investors access to Connected Investors' PiN (Property Intelligence Network) software. This tool provides nationwide property data, including features like unlimited individual property skip tracing, comprehensive property reports, and a Contract Genie for generating legal documents. Subscription options are available on a monthly or annual basis, with the annual plan offering additional benefits such as a dedicated product specialist. The platform emphasizes its commitment to providing accurate, up-to-date information to assist investors in making informed decisions. Visit http://jasonhartman.com/connected today! Key Takeaways: 1:29 Meet Aunt Joanie's property manager 2:17 Schedule and some housekeeping rules for https://empoweredinvestorlive.com/  4:04 Meet Kimberley 4:46 Some tricks of the trade and best practices 5:53 Showing the house 10:43 Sponsor: https://jasonhartman.com/connected 12:04 Credit, late payments, evictions, and post walkthroughs  15:21 Dealing with landlord-unfriendly regulatory environments 16:50 Lease document and house rules 17:19 moving from apartments to single family homes 18:55 Marketing the property before tenant leaves and doing virtual showings 19:59 Communicating with a tenant 21:52 Tenant protection laws 23:21 RE investing    Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Real Estate Espresso
Innovations in Tenant Screening

Real Estate Espresso

Play Episode Listen Later Mar 28, 2025 6:20


On today's show we are talking about some of the innovations in tenant screening that hold the promise of saving time and increasing the quality of tenant screening. The processes are evolving driven by advancements in technology, changing legal landscapes, and growing market demands. Whether you're a landlord, property manager, or a tenant screening service provider, staying ahead of these trends is crucial for optimizing tenant selection processes and ensuring compliance with fair housing laws. On today's show, we'll explore five emerging trends shaping the tenant screening industry.-------------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)   iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)   Website: [www.victorjm.com](http://www.victorjm.com)   LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)   YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)   Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)   Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)  **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)   Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)   Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)  

Investor Fuel Real Estate Investing Mastermind - Audio Version
Elevating Property Management Through Technology

Investor Fuel Real Estate Investing Mastermind - Audio Version

Play Episode Listen Later Mar 28, 2025 35:41


In this conversation, Brett McCollum and Todd Callaway discuss the intersection of technology and property management in the real estate industry. Todd shares his extensive experience in real estate, including his journey from flipping houses to managing thousands of properties. They explore the importance of adapting to market cycles, leveraging technology for tenant screening and property management, and the common mistakes new investors make. Todd emphasizes the value of partnerships and the role of AI in streamlining operations and enhancing service delivery in property management.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

The Morning Review with Lester Kiewit Podcast
AI-driven app promises to revolutionise tenant screening in SA

The Morning Review with Lester Kiewit Podcast

Play Episode Listen Later Mar 24, 2025 8:23


CapeTalk’s Sara-Jayne Makwala King (in for Clarence Ford) is joined by Ross Fitzcharles, founder and CEO of Preferental.See omnystudio.com/listener for privacy information.

Investor Fuel Real Estate Investing Mastermind - Audio Version

In this conversation, John Harcar interviews Gail Boucher, a seasoned landlord who shares her experiences and the pitfalls she has encountered in the real estate business. They discuss Gail's journey into real estate, the importance of understanding 1031 exchanges, the challenges of property management, and key advice for aspiring landlords. Gail emphasizes the importance of tenant screening, the necessity of security deposits, and the need to maintain a professional distance from tenants to avoid complications. The conversation provides valuable insights for anyone looking to navigate the complexities of being a landlord.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

Coach Carson Real Estate & Financial Independence Podcast
#393: $40,000 on Tenant Evictions?! How to Avoid Them.

Coach Carson Real Estate & Financial Independence Podcast

Play Episode Listen Later Mar 17, 2025 39:01


Unbelievable Real Estate Stories
5 Must-Know AI Hacks for Smarter Investing, ep. 434

Unbelievable Real Estate Stories

Play Episode Listen Later Feb 11, 2025 10:04


Can AI give you a competitive edge in investing? Whether you're in real estate or the stock market, artificial intelligence is transforming how investors analyze data, make decisions, and manage risks. In this episode, Jeannette Friedrich, Director of Investor Relations at Blue Lake Capital, shares five powerful AI-driven strategies that can help you optimize your investments, gain deeper insights, and stay ahead of market trends. Key Takeaways: - Market Analysis & Predictions: AI can process vast amounts of data quickly, helping investors identify undervalued markets and emerging trends before they gain mainstream attention. Tools like Zillow AI, Bloomberg GPT, and Reuters ML are changing the game. - Automated Underwriting & Valuations: AI removes subjectivity and speeds up underwriting, making it easier to evaluate investment opportunities efficiently. Platforms like House Canary, MASHvisor, and Archer streamline this process. - Sentiment Analysis & Market Trends: AI can track investor sentiment and real-time market trends using tools like Bloomberg Sentiment Index, Reonomy, and Placer.ai, helping investors anticipate shifts before they happen. - Tenant Screening & Property Management: AI-powered tools like Rentberry and Smart Move automate background checks and risk assessments, improving tenant quality and streamlining property management. - Portfolio Optimization & Risk Management: AI helps balance risk and reward, stress-test portfolios, and optimize financing strategies. Tools like Betterment, Personal Capital, Rockport Val, and CredIQ support smart investment decision-making. AI is no longer just about tracking past performance—it's a proactive tool for making better investment decisions in real time. Tune in to learn how you can leverage AI to maximize your portfolio's potential. Are you REady2Scale Your Multifamily Investments? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com. To reach Ellie & the Blue Lake team, email them at info@bluelake-capital.com or complete our investor form at www.bluelake-capital.com/new-investor-form and they'll connect with you. Credits Producer: Blue Lake Capital Strategist: Syed Mahmood Editor: Emma Walker Opening music: Pomplamoose Timestamps 00:00 Introduction to AI Hacks for Investors 00:49 Hack #1: Market Analysis and Predictions 02:48 Hack #2: Automated Underwriting and Valuations 03:59 Hack #3: Sentiment Analysis 05:56 Hack #4: Tenant Screening and Management 07:18 Hack #5: Portfolio Optimization and Risk Management  Learn more about your ad choices. Visit megaphone.fm/adchoices

Best Real Estate Investing Advice Ever
JF3801: Zero-Eviction Property Management Model, Military Tenant Screening Strategy, & Scaling Property Management Success ft. Rich & Angie McDaniel

Best Real Estate Investing Advice Ever

Play Episode Listen Later Jan 30, 2025 28:17


Slocomb Reed interviews Rich and Angie McDaniel, who share their journey in real estate, focusing on their companies Command Properties and Rent Risk. They discuss the importance of high standards in property management, effective tenant screening processes, and the unique challenges of managing properties in Northern Virginia, particularly for military and federal employees. The conversation emphasizes the significance of establishing objective criteria for tenant approval, maintaining property value, and fostering good communication with tenants to ensure long-term retention. Sponsors: Capital Gains Tax Solutions Crystal View Capital Learn more about your ad choices. Visit megaphone.fm/adchoices

A Canadian Investing in the U.S. with Glen Sutherland
EP356 Mastering Tenant Screening and Landlord Advocacy with Kayla Andrade

A Canadian Investing in the U.S. with Glen Sutherland

Play Episode Listen Later Jan 30, 2025 24:16


Kayla Andrade emphasizes the importance of landlords staying informed and advocating for policy changes to better support the housing industry in Ontario. She encourages collaboration with elected officials and industry experts to address issues like tenant accountability and affordable housing. Tenant Screening and Rent Reporting: Tenant screening is crucial to avoid problematic tenants. Kayla advises landlords to: Conduct their own long-form credit checks (e.g., through Equifax). Match tenant application details with credit data to identify discrepancies. Avoid accepting credit reports directly from tenants, as these can be falsified. Monthly rent reporting is a valuable tool that benefits both landlords and tenants: It helps tenants build their credit with on-time payments. It acts as a deterrent for tenants who might not pay rent consistently, ensuring accountability. Challenges in the Housing Sector: Kayla highlights systemic issues such as shelters being overcrowded, reliance on motels as housing, and the use of shipping containers for accommodations. These reflect broader problems in addressing housing needs effectively. Advocacy as a Solution: Kayla encourages landlords to become professional and customer-service-oriented while protecting their investments. She calls for more government support for landlord education and policy reform to address current challenges. Kayla herself provides one-on-one consultations, educational resources, and runs the Ontario Landlord Watch Facebook group to support landlords. Personal Insights: Kayla shares her own experiences, such as dealing with tenants who split up and the importance of setting clear expectations upfront. She mentions her reluctance to enter politics due to personal commitments but remains focused on helping landlords through advocacy and education. Call to Action: Landlords should join advocacy groups like Ontario Landlord Watch and stay informed about policy changes. Collaboration and proactive efforts are needed to create a better housing environment for both landlords and tenants.

FOR RENT
Discriminatory Beliefs in AI tenant screening

FOR RENT

Play Episode Listen Later Jan 14, 2025 0:43


Best Real Estate Investing Advice Ever
JF3754: Why AI is Making Tenant Screening Harder Than Ever ft. Sarah May

Best Real Estate Investing Advice Ever

Play Episode Listen Later Dec 14, 2024 23:16


In this episode of the Best Ever CRE Show, Sarah May, founder and principal of Regency Investment Group, joins host Slocomb Reed to discuss changes in Denver's multifamily market since her last appearance in 2022. May shares insights on dealing with new construction supply, negative rent growth, and shifting strategies toward smaller, simpler deals with fewer partners. She discusses challenges with rental fraud, the impact of Denver's affordable housing legislation on new development, and emphasizes the importance of patient, strategic investing in today's market conditions over quick turnarounds. Learn more about your ad choices. Visit megaphone.fm/adchoices

Jake and Gino Multifamily Investing Entrepreneurs
Cracking the Tenant Code: Tim Ray's Secrets to Better Screening in Real Estate | Jake & Gino Podcast

Jake and Gino Multifamily Investing Entrepreneurs

Play Episode Listen Later Dec 2, 2024 43:41


Welcome to the Jake & Gino Podcast!In this special episode, we are joined by Tim Ray, the co-founder and CEO of VeriFast, a cutting-edge identity and financial verification platform revolutionizing the real estate and property management sectors. From his early successes in e-commerce and angel investing to the hard-learned lessons of a startup that missed the mark, Tim shares an unfiltered look at the highs and lows of entrepreneurship.Key Takeaways:How Tim scaled multiple businesses, including exits in e-commerce and a private aviation tech startup.The lessons behind his "double-A baseball" analogy for entrepreneurship.The journey from startup setbacks to the genesis of VeriFast.Insights on identity verification and income screening in real estate.Why fraud detection and tenant screening matter now more than ever.Learn how VeriFast is transforming tenant screening and what it means for property managers of all sizes.Episode Highlights:Entrepreneurial pivots: When big swings lead to big lessons.How financial verification tools empower landlords.The future of tenant screening and digital identity in multifamily housing.Real stories of reducing delinquencies and eliminating fraud in property management.Chapters:00:00 - Introduction00:51 - From E-Commerce Exits to Private Aviation Failures08:39 - The Birth of VeriFast: Solving Real-World Problems13:34 - How VeriFast Verifies Income and Prevents Fraud25:31 - Pricing Models: Per-Door vs. Per-Application Costs27:23 - Screening Smarter: Approving More Tenants While Reducing Evictions33:51 - The Problem with Credit Scores in Tenant Screening41:49 - Gino Wraps it UpConnect with Tim Ray:Email: tim.ray@VeriFast.comLinkedIn: Tim RayDon't forget to like, subscribe, and hit the notification bell for more insights from top industry leaders in real estate and entrepreneurship! We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors)

WFYI News Now
Gun Violence Over the Weekend, Rocky Start at Broad Ripple Middle School, Federal Funds to Reduce Greenhouse Gas, IMPD Officer Charged, Rental Companies Sued for Tenant Screening

WFYI News Now

Play Episode Listen Later Nov 26, 2024 5:54


A total of 14 people were shot over the weekend in Indianapolis. The reconfiguration of grades in Indianapolis Public Schools had a rocky start, causing over a hundred students to leave the new Broad Ripple Middle School. The U.S. Department of Energy will give a Midwest hydrogen hub up to $1 billion to start planning projects to reduce greenhouse gas emissions. An IMPD officer has been charged with numerous criminal offenses including felony voyeurism and misconduct. An Indianapolis man and a fair housing organization are suing two rental companies for alleged discriminatory tenant screening policies. Want to go deeper on the stories you hear on WFYI News Now? Visit wfyi.org/news and follow us on social media to get comprehensive analysis and local news daily. Subscribe to WFYI News Now wherever you get your podcasts. Today's episode of WFYI News Now was produced by Drew Daudelin and Abriana Herron, with support from News Director Sarah Neal-Estes.

All Things Wildfire Podcast
How Wildfires are Shaping California's Real Estate Market

All Things Wildfire Podcast

Play Episode Listen Later Nov 14, 2024 68:24


The episode provides in-depth insights into real estate investment, with a strong focus on the challenges and opportunities in California, particularly related to fire-prone areas and property management. The speaker shares personal experiences in real estate investment, insurance claim negotiations, and the difficulties of navigating complex regulations in California. The discussion is framed within the broader context of property acquisition, management, and financing. Key Highlights: California Real Estate Market and Insurance Challenges (0:00 - 20:00) The episode begins with a discussion about the challenges of investing in California real estate, particularly in areas prone to wildfires. The speaker shares an example of successfully negotiating an insurance claim for a fire-damaged property, emphasizing the importance of thorough documentation and the need to challenge initial settlement offers from insurance companies. Real estate investors are warned about the hidden costs of multi-unit properties, such as the significant repair expenses and challenges related to rent control laws. Rent control in California restricts how much rent can be increased, leading to challenges for property owners trying to maximize profitability. Multi-Unit Property Investment: Advantages and Drawbacks (10:00 - 20:00) While multi-unit properties may seem like a good investment due to their lower upfront costs, the speaker warns that long-term profitability may be limited by challenges such as rent control and tenant difficulties. The discussion covers property management strategies and how cash flow can be maximized by screening tenants carefully and ensuring long-term stability in rental income. The importance of detailed tenant screening is stressed as a way to mitigate risks associated with rental properties. Tenant Screening and Rental Income Strategies (20:00 - 30:00) Tenant screening goes beyond checking credit scores and references. The speaker encourages background checks, analyzing social media, and assessing a potential tenant's overall behavior to predict reliability. Long-term tenants are ideal, as they help stabilize cash flow and reduce turnover costs, which are particularly significant in California's high-rent markets. Investors are advised to carefully weigh the risks of purchasing properties in regions with strict tenant laws. Investment Opportunities in Other States (30:00 - 40:00) The conversation shifts to out-of-state investment opportunities. States like Texas, Arkansas, and Kansas are highlighted as more favorable markets for real estate investors due to lower property costs, fewer tenant restrictions, and less expensive property management. The speaker advocates looking beyond California's high prices and regulatory challenges, emphasizing that other states offer better return on investment (ROI) and a simpler management process. Challenges in California's Real Estate and Insurance Market (40:00 - 50:00) The California insurance market is discussed, particularly the challenges faced by homeowners and investors when dealing with fire damage claims. The speaker notes that insurance companies are under pressure in California, especially in high-risk wildfire areas, which can make it difficult for property owners to receive adequate coverage. Investors are cautioned to account for the significant risk of wildfires and the resulting challenges in securing insurance, along with the high costs of rebuilding in fire-prone areas. Understanding Financing and Investment Strategies (50:00 - 60:00) The speaker shifts to financing options for real estate investors, discussing private money lenders and the flexibility they offer compared to traditional bank loans. The importance of understanding financing terms and using creative financing strategies is emphasized. Investors are advised to diversify their portfolios and consider other types of properties such as commercial real estate or multi-family units in more tenant-friendly states. Summary of Core Insights: California's real estate market presents significant challenges for investors, especially in areas impacted by natural disasters such as wildfires. Rent control laws and high repair costs make it a complex market for multi-unit properties. Insurance settlements should be thoroughly reviewed and challenged to ensure full compensation for fire or disaster damage. Investors should take a proactive approach when negotiating with insurance companies. Tenant screening is a crucial step in securing long-term, stable rental income. Investors should go beyond basic background checks and assess a potential tenant's broader behavior, including through social media. For investors looking for better ROI, out-of-state properties in states like Texas and Kansas offer less regulatory burden and lower costs. Financing options such as private money lenders provide greater flexibility for real estate deals, especially for those who may have trouble securing traditional bank financing. The episode offers practical advice for both new and experienced investors, guiding them through the complexities of California's market and helping them explore more favorable opportunities in other states. Creative financing strategies and thorough due diligence are key takeaways for navigating the challenges of real estate investing. Subscribe for more wildfire updates and tips on protecting your home against disaster. Whether you're passionate about environmental sustainability, intrigued by technological advancements, or simply eager to learn about the latest developments in wildfire prevention, this episode is a must-listen.  

Global Investors: Foreign Investing In US Real Estate with Charles Carillo
SS203: Insider Tips for Effective Tenant Screening

Global Investors: Foreign Investing In US Real Estate with Charles Carillo

Play Episode Listen Later Nov 10, 2024 8:06


Tenant screening is crucial for landlords to become successful investors. In this episode, Charles discusses tenant screening, how to perform it, and why, when done incorrectly, it can change the whole dynamic of an investor's rental portfolio. For more valuable insights on tenant screening questions, check out - SS189: Tenant Screening Questions -  https://youtu.be/x_ZbhapSPYU Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/  ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/  

Your Landlord Resource Podcast
Tenant Screening Software, What Landlords Need to Know

Your Landlord Resource Podcast

Play Episode Listen Later Oct 21, 2024 24:23 Transcription Available


Send us a textTenant screening software is becoming more and more popular now that landlords are working to improve their applicant vetting processes.  In this episode, we will cover what tenant screening software is, why it matters, and how it compares to other options like using property management software or hiring a property manager. We'll also cover a couple real-life horror stories about tenant screening gone wrong and the legal liabilities landlords need to be aware of.So, whether you're using screening software or not, by knowing the risks, the best practices, and the best tools can make or break your rental business. Of course, we will also compare some of the top software options out there.LINKS

Fort Collins Real Estate Investing & Real Estate Financial Planning™ Podcast

Tenant screeing... an important, but often overlooked skill. If you're going to manage properties yourself in Fort Collins, you're going to need to know how to screen tenants. This class is Module 4 of 46 in a series called Real Estate Investing Secrets. Topics covered in this module include: What are the 5 steps in the property management process? What 10 things should you always check—and why—when preparing a property to rent? The Tenant Screening Process... in 5 easy steps. How to think about renting your property to get in the right mindset. Why you should be deliberately charitable... if you choose to be charitable... outside your rental property business. How does the initial call with your prospective tenants set the tone for your entire relationship? How to define the landlord-tenant relationship. What is it important to answer your phone when marketing to find tenants and what this says about how your tenants are likely to respond to you as a landlord. Why is it critically important to screen tenants on the first call and to not meet unqualified prospective tenants at your property? The magic words for getting a tenant to open up to you on the phone with your questions. What are the 10 critical initial screening questions to ask tenants on the phone before scheduling a time to meet them at the property? What are the different ways to show tenants your property? How should you prepare for showing the property to prospective tenants and why the first thing is critically important if you want to be paid on-time from your tenants? How to show the property to your tenants... and the one thing at the showing that will clearly demonstrate to you how your tenants are likely to take care of your property. The counter-intuitive secret to following up with tenants after showings... How to collect an application from tenants... especially if you're not going to pay for a web-based service. What must you require from your applicants to be able to process their application... and how to deal with a tenant not having everything. The critical things you need to double check as you accept the application to process... and what to do if the tenant comes up short. Who provides an application and application fee... and why? How to get tenants to only apply to your property when considering other properties. The critical things you must get from your tenant—beyond security deposits and first month's rent—to help protect you and help ensure you get paid. How do you deal with a tenant that provides incorrect (false) information on an application? How do you get an application and paperwork to use for your rental business? The one thing you need to do to avoid hefty fines, lawsuits and possible jail time. A surprising perspective on something that affects over 65 million Americans, but could open you up to liability, lawsuits, and possible jail time... and how you should properly deal with it. Tips and best practices for working with disabled applicants, service animals, emotional support animals and more. A powerful, inexpensive strategy to uncover bad apple tenants before you rent to them. Example application evaluation criteria and why it is critically important to use written, objective criteria when approving an applicant. A sneaky little way to get an informal co-signor on your tenants voluntarily to increase the odds of you getting paid if your tenant is unable to pay. Examples of common application criteria overrides and how you might handle them... and one that I'd encourage you to make an automatic disqualification. An example reservation deposit agreement, how to use it and when to use it. How do you notify tenants when they're approved? When they're not approved? When MUST you—by law—send them a letter telling them they're not approved? How do you deal with tenant screening on a property you're buying with an existing tenant? Plus much more... Check out the video and additional resources related to Secrets of Tenant Screening. Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:https://RealEstateFinancialPlanner.com/spreadsheetImprove Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Fort Collins real estate investor podcast? Book a free consultation to discuss.

Kenosha Real Estate Investing & Real Estate Financial Planning™ Podcast

Tenant screeing... an important, but often overlooked skill. If you're going to manage properties yourself in Kenosha, you're going to need to know how to screen tenants. This class is Module 4 of 46 in a series called Real Estate Investing Secrets. Topics covered in this module include: What are the 5 steps in the property management process? What 10 things should you always check—and why—when preparing a property to rent? The Tenant Screening Process... in 5 easy steps. How to think about renting your property to get in the right mindset. Why you should be deliberately charitable... if you choose to be charitable... outside your rental property business. How does the initial call with your prospective tenants set the tone for your entire relationship? How to define the landlord-tenant relationship. What is it important to answer your phone when marketing to find tenants and what this says about how your tenants are likely to respond to you as a landlord. Why is it critically important to screen tenants on the first call and to not meet unqualified prospective tenants at your property? The magic words for getting a tenant to open up to you on the phone with your questions. What are the 10 critical initial screening questions to ask tenants on the phone before scheduling a time to meet them at the property? What are the different ways to show tenants your property? How should you prepare for showing the property to prospective tenants and why the first thing is critically important if you want to be paid on-time from your tenants? How to show the property to your tenants... and the one thing at the showing that will clearly demonstrate to you how your tenants are likely to take care of your property. The counter-intuitive secret to following up with tenants after showings... How to collect an application from tenants... especially if you're not going to pay for a web-based service. What must you require from your applicants to be able to process their application... and how to deal with a tenant not having everything. The critical things you need to double check as you accept the application to process... and what to do if the tenant comes up short. Who provides an application and application fee... and why? How to get tenants to only apply to your property when considering other properties. The critical things you must get from your tenant—beyond security deposits and first month's rent—to help protect you and help ensure you get paid. How do you deal with a tenant that provides incorrect (false) information on an application? How do you get an application and paperwork to use for your rental business? The one thing you need to do to avoid hefty fines, lawsuits and possible jail time. A surprising perspective on something that affects over 65 million Americans, but could open you up to liability, lawsuits, and possible jail time... and how you should properly deal with it. Tips and best practices for working with disabled applicants, service animals, emotional support animals and more. A powerful, inexpensive strategy to uncover bad apple tenants before you rent to them. Example application evaluation criteria and why it is critically important to use written, objective criteria when approving an applicant. A sneaky little way to get an informal co-signor on your tenants voluntarily to increase the odds of you getting paid if your tenant is unable to pay. Examples of common application criteria overrides and how you might handle them... and one that I'd encourage you to make an automatic disqualification. An example reservation deposit agreement, how to use it and when to use it. How do you notify tenants when they're approved? When they're not approved? When MUST you—by law—send them a letter telling them they're not approved? How do you deal with tenant screening on a property you're buying with an existing tenant? Plus much more... Check out the video and additional resources related to Secrets of Tenant Screening. Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:https://RealEstateFinancialPlanner.com/spreadsheetImprove Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Kenosha real estate investor podcast? Book a free consultation to discuss.

Jacksonville Real Estate Investing & Real Estate Financial Planning™ Podcast

Tenant screeing... an important, but often overlooked skill. If you're going to manage properties yourself in Jacksonville, you're going to need to know how to screen tenants. This class is Module 4 of 46 in a series called Real Estate Investing Secrets. Topics covered in this module include: What are the 5 steps in the property management process? What 10 things should you always check—and why—when preparing a property to rent? The Tenant Screening Process... in 5 easy steps. How to think about renting your property to get in the right mindset. Why you should be deliberately charitable... if you choose to be charitable... outside your rental property business. How does the initial call with your prospective tenants set the tone for your entire relationship? How to define the landlord-tenant relationship. What is it important to answer your phone when marketing to find tenants and what this says about how your tenants are likely to respond to you as a landlord. Why is it critically important to screen tenants on the first call and to not meet unqualified prospective tenants at your property? The magic words for getting a tenant to open up to you on the phone with your questions. What are the 10 critical initial screening questions to ask tenants on the phone before scheduling a time to meet them at the property? What are the different ways to show tenants your property? How should you prepare for showing the property to prospective tenants and why the first thing is critically important if you want to be paid on-time from your tenants? How to show the property to your tenants... and the one thing at the showing that will clearly demonstrate to you how your tenants are likely to take care of your property. The counter-intuitive secret to following up with tenants after showings... How to collect an application from tenants... especially if you're not going to pay for a web-based service. What must you require from your applicants to be able to process their application... and how to deal with a tenant not having everything. The critical things you need to double check as you accept the application to process... and what to do if the tenant comes up short. Who provides an application and application fee... and why? How to get tenants to only apply to your property when considering other properties. The critical things you must get from your tenant—beyond security deposits and first month's rent—to help protect you and help ensure you get paid. How do you deal with a tenant that provides incorrect (false) information on an application? How do you get an application and paperwork to use for your rental business? The one thing you need to do to avoid hefty fines, lawsuits and possible jail time. A surprising perspective on something that affects over 65 million Americans, but could open you up to liability, lawsuits, and possible jail time... and how you should properly deal with it. Tips and best practices for working with disabled applicants, service animals, emotional support animals and more. A powerful, inexpensive strategy to uncover bad apple tenants before you rent to them. Example application evaluation criteria and why it is critically important to use written, objective criteria when approving an applicant. A sneaky little way to get an informal co-signor on your tenants voluntarily to increase the odds of you getting paid if your tenant is unable to pay. Examples of common application criteria overrides and how you might handle them... and one that I'd encourage you to make an automatic disqualification. An example reservation deposit agreement, how to use it and when to use it. How do you notify tenants when they're approved? When they're not approved? When MUST you—by law—send them a letter telling them they're not approved? How do you deal with tenant screening on a property you're buying with an existing tenant? Plus much more... Check out the video and additional resources related to Secrets of Tenant Screening. Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:https://RealEstateFinancialPlanner.com/spreadsheetImprove Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Jacksonville real estate investor podcast? Book a free consultation to discuss.

McAllen Real Estate Investing & Real Estate Financial Planning™ Podcast

Tenant screeing... an important, but often overlooked skill. If you're going to manage properties yourself in McAllen, you're going to need to know how to screen tenants. This class is Module 4 of 46 in a series called Real Estate Investing Secrets. Topics covered in this module include: What are the 5 steps in the property management process? What 10 things should you always check—and why—when preparing a property to rent? The Tenant Screening Process... in 5 easy steps. How to think about renting your property to get in the right mindset. Why you should be deliberately charitable... if you choose to be charitable... outside your rental property business. How does the initial call with your prospective tenants set the tone for your entire relationship? How to define the landlord-tenant relationship. What is it important to answer your phone when marketing to find tenants and what this says about how your tenants are likely to respond to you as a landlord. Why is it critically important to screen tenants on the first call and to not meet unqualified prospective tenants at your property? The magic words for getting a tenant to open up to you on the phone with your questions. What are the 10 critical initial screening questions to ask tenants on the phone before scheduling a time to meet them at the property? What are the different ways to show tenants your property? How should you prepare for showing the property to prospective tenants and why the first thing is critically important if you want to be paid on-time from your tenants? How to show the property to your tenants... and the one thing at the showing that will clearly demonstrate to you how your tenants are likely to take care of your property. The counter-intuitive secret to following up with tenants after showings... How to collect an application from tenants... especially if you're not going to pay for a web-based service. What must you require from your applicants to be able to process their application... and how to deal with a tenant not having everything. The critical things you need to double check as you accept the application to process... and what to do if the tenant comes up short. Who provides an application and application fee... and why? How to get tenants to only apply to your property when considering other properties. The critical things you must get from your tenant—beyond security deposits and first month's rent—to help protect you and help ensure you get paid. How do you deal with a tenant that provides incorrect (false) information on an application? How do you get an application and paperwork to use for your rental business? The one thing you need to do to avoid hefty fines, lawsuits and possible jail time. A surprising perspective on something that affects over 65 million Americans, but could open you up to liability, lawsuits, and possible jail time... and how you should properly deal with it. Tips and best practices for working with disabled applicants, service animals, emotional support animals and more. A powerful, inexpensive strategy to uncover bad apple tenants before you rent to them. Example application evaluation criteria and why it is critically important to use written, objective criteria when approving an applicant. A sneaky little way to get an informal co-signor on your tenants voluntarily to increase the odds of you getting paid if your tenant is unable to pay. Examples of common application criteria overrides and how you might handle them... and one that I'd encourage you to make an automatic disqualification. An example reservation deposit agreement, how to use it and when to use it. How do you notify tenants when they're approved? When they're not approved? When MUST you—by law—send them a letter telling them they're not approved? How do you deal with tenant screening on a property you're buying with an existing tenant? Plus much more... Check out the video and additional resources related to Secrets of Tenant Screening. Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:https://RealEstateFinancialPlanner.com/spreadsheetImprove Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the McAllen real estate investor podcast? Book a free consultation to discuss.

Milwaukee Real Estate Investing & Real Estate Financial Planning™ Podcast

Tenant screeing... an important, but often overlooked skill. If you're going to manage properties yourself in Milwaukee, you're going to need to know how to screen tenants. This class is Module 4 of 46 in a series called Real Estate Investing Secrets. Topics covered in this module include: What are the 5 steps in the property management process? What 10 things should you always check—and why—when preparing a property to rent? The Tenant Screening Process... in 5 easy steps. How to think about renting your property to get in the right mindset. Why you should be deliberately charitable... if you choose to be charitable... outside your rental property business. How does the initial call with your prospective tenants set the tone for your entire relationship? How to define the landlord-tenant relationship. What is it important to answer your phone when marketing to find tenants and what this says about how your tenants are likely to respond to you as a landlord. Why is it critically important to screen tenants on the first call and to not meet unqualified prospective tenants at your property? The magic words for getting a tenant to open up to you on the phone with your questions. What are the 10 critical initial screening questions to ask tenants on the phone before scheduling a time to meet them at the property? What are the different ways to show tenants your property? How should you prepare for showing the property to prospective tenants and why the first thing is critically important if you want to be paid on-time from your tenants? How to show the property to your tenants... and the one thing at the showing that will clearly demonstrate to you how your tenants are likely to take care of your property. The counter-intuitive secret to following up with tenants after showings... How to collect an application from tenants... especially if you're not going to pay for a web-based service. What must you require from your applicants to be able to process their application... and how to deal with a tenant not having everything. The critical things you need to double check as you accept the application to process... and what to do if the tenant comes up short. Who provides an application and application fee... and why? How to get tenants to only apply to your property when considering other properties. The critical things you must get from your tenant—beyond security deposits and first month's rent—to help protect you and help ensure you get paid. How do you deal with a tenant that provides incorrect (false) information on an application? How do you get an application and paperwork to use for your rental business? The one thing you need to do to avoid hefty fines, lawsuits and possible jail time. A surprising perspective on something that affects over 65 million Americans, but could open you up to liability, lawsuits, and possible jail time... and how you should properly deal with it. Tips and best practices for working with disabled applicants, service animals, emotional support animals and more. A powerful, inexpensive strategy to uncover bad apple tenants before you rent to them. Example application evaluation criteria and why it is critically important to use written, objective criteria when approving an applicant. A sneaky little way to get an informal co-signor on your tenants voluntarily to increase the odds of you getting paid if your tenant is unable to pay. Examples of common application criteria overrides and how you might handle them... and one that I'd encourage you to make an automatic disqualification. An example reservation deposit agreement, how to use it and when to use it. How do you notify tenants when they're approved? When they're not approved? When MUST you—by law—send them a letter telling them they're not approved? How do you deal with tenant screening on a property you're buying with an existing tenant? Plus much more... Check out the video and additional resources related to Secrets of Tenant Screening. Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:https://RealEstateFinancialPlanner.com/spreadsheetImprove Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Milwaukee real estate investor podcast? Book a free consultation to discuss.

Las Vegas Real Estate Investing & Real Estate Financial Planning™ Podcast

Tenant screeing... an important, but often overlooked skill. If you're going to manage properties yourself in Las Vegas, you're going to need to know how to screen tenants. This class is Module 4 of 46 in a series called Real Estate Investing Secrets. Topics covered in this module include: What are the 5 steps in the property management process? What 10 things should you always check—and why—when preparing a property to rent? The Tenant Screening Process... in 5 easy steps. How to think about renting your property to get in the right mindset. Why you should be deliberately charitable... if you choose to be charitable... outside your rental property business. How does the initial call with your prospective tenants set the tone for your entire relationship? How to define the landlord-tenant relationship. What is it important to answer your phone when marketing to find tenants and what this says about how your tenants are likely to respond to you as a landlord. Why is it critically important to screen tenants on the first call and to not meet unqualified prospective tenants at your property? The magic words for getting a tenant to open up to you on the phone with your questions. What are the 10 critical initial screening questions to ask tenants on the phone before scheduling a time to meet them at the property? What are the different ways to show tenants your property? How should you prepare for showing the property to prospective tenants and why the first thing is critically important if you want to be paid on-time from your tenants? How to show the property to your tenants... and the one thing at the showing that will clearly demonstrate to you how your tenants are likely to take care of your property. The counter-intuitive secret to following up with tenants after showings... How to collect an application from tenants... especially if you're not going to pay for a web-based service. What must you require from your applicants to be able to process their application... and how to deal with a tenant not having everything. The critical things you need to double check as you accept the application to process... and what to do if the tenant comes up short. Who provides an application and application fee... and why? How to get tenants to only apply to your property when considering other properties. The critical things you must get from your tenant—beyond security deposits and first month's rent—to help protect you and help ensure you get paid. How do you deal with a tenant that provides incorrect (false) information on an application? How do you get an application and paperwork to use for your rental business? The one thing you need to do to avoid hefty fines, lawsuits and possible jail time. A surprising perspective on something that affects over 65 million Americans, but could open you up to liability, lawsuits, and possible jail time... and how you should properly deal with it. Tips and best practices for working with disabled applicants, service animals, emotional support animals and more. A powerful, inexpensive strategy to uncover bad apple tenants before you rent to them. Example application evaluation criteria and why it is critically important to use written, objective criteria when approving an applicant. A sneaky little way to get an informal co-signor on your tenants voluntarily to increase the odds of you getting paid if your tenant is unable to pay. Examples of common application criteria overrides and how you might handle them... and one that I'd encourage you to make an automatic disqualification. An example reservation deposit agreement, how to use it and when to use it. How do you notify tenants when they're approved? When they're not approved? When MUST you—by law—send them a letter telling them they're not approved? How do you deal with tenant screening on a property you're buying with an existing tenant? Plus much more... Check out the video and additional resources related to Secrets of Tenant Screening. Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:https://RealEstateFinancialPlanner.com/spreadsheetImprove Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Las Vegas real estate investor podcast? Book a free consultation to discuss.

Denver Real Estate Investing & Real Estate Financial Planning™ Podcast

Tenant screeing... an important, but often overlooked skill. If you're going to manage properties yourself in Denver, you're going to need to know how to screen tenants. This class is Module 4 of 46 in a series called Real Estate Investing Secrets. Topics covered in this module include: What are the 5 steps in the property management process? What 10 things should you always check—and why—when preparing a property to rent? The Tenant Screening Process... in 5 easy steps. How to think about renting your property to get in the right mindset. Why you should be deliberately charitable... if you choose to be charitable... outside your rental property business. How does the initial call with your prospective tenants set the tone for your entire relationship? How to define the landlord-tenant relationship. What is it important to answer your phone when marketing to find tenants and what this says about how your tenants are likely to respond to you as a landlord. Why is it critically important to screen tenants on the first call and to not meet unqualified prospective tenants at your property? The magic words for getting a tenant to open up to you on the phone with your questions. What are the 10 critical initial screening questions to ask tenants on the phone before scheduling a time to meet them at the property? What are the different ways to show tenants your property? How should you prepare for showing the property to prospective tenants and why the first thing is critically important if you want to be paid on-time from your tenants? How to show the property to your tenants... and the one thing at the showing that will clearly demonstrate to you how your tenants are likely to take care of your property. The counter-intuitive secret to following up with tenants after showings... How to collect an application from tenants... especially if you're not going to pay for a web-based service. What must you require from your applicants to be able to process their application... and how to deal with a tenant not having everything. The critical things you need to double check as you accept the application to process... and what to do if the tenant comes up short. Who provides an application and application fee... and why? How to get tenants to only apply to your property when considering other properties. The critical things you must get from your tenant—beyond security deposits and first month's rent—to help protect you and help ensure you get paid. How do you deal with a tenant that provides incorrect (false) information on an application? How do you get an application and paperwork to use for your rental business? The one thing you need to do to avoid hefty fines, lawsuits and possible jail time. A surprising perspective on something that affects over 65 million Americans, but could open you up to liability, lawsuits, and possible jail time... and how you should properly deal with it. Tips and best practices for working with disabled applicants, service animals, emotional support animals and more. A powerful, inexpensive strategy to uncover bad apple tenants before you rent to them. Example application evaluation criteria and why it is critically important to use written, objective criteria when approving an applicant. A sneaky little way to get an informal co-signor on your tenants voluntarily to increase the odds of you getting paid if your tenant is unable to pay. Examples of common application criteria overrides and how you might handle them... and one that I'd encourage you to make an automatic disqualification. An example reservation deposit agreement, how to use it and when to use it. How do you notify tenants when they're approved? When they're not approved? When MUST you—by law—send them a letter telling them they're not approved? How do you deal with tenant screening on a property you're buying with an existing tenant? Plus much more... Check out the video and additional resources related to Secrets of Tenant Screening. Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:https://RealEstateFinancialPlanner.com/spreadsheetImprove Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Denver real estate investor podcast? Book a free consultation to discuss.

The Landlord Diaries
FF116 The Ultimate House Hack: 700 SQFT ADU & 3 Master Suites w/ Karen Lombardo

The Landlord Diaries

Play Episode Listen Later Oct 7, 2024 44:30


Unlock the secrets of the ultimate house hack in this week's episode of The Landlord Diaries! Join us as Karen Lombardo shares her journey of transforming her property into a real estate goldmine. From a 700 sqft ADU to three hotel-style master suites, Karen is a master of the mid-term rental (MTR) game. Learn how she's achieved 100% occupancy using Furnished Finder and why she prefers it over Airbnb.Discover Karen's insider tips on designing for MTR success, networking to find undervalued properties, and creating an unforgettable guest experience. Don't miss out on this real estate investing masterclass—perfect for anyone looking to grow their MTR portfolio, hack their housing costs, and generate passive income!In this episode we cover:0:00 The Landlord Diaries Intro1:45 Karen's journey to house hacking & her midterm rental portfolio3:05 House Hack Phase 1: 700 sq ft ADU with kitchenette4:25 Karen's first tenant stayed 7 months4:40 MTR Building Decisions: Kitchenette vs. Kitchen 6:30 Know your local laws & have a plan in place before you start your addition(s)7:30 Preview of Phase 2- Building Three 5* Hotel Master Suites8:55 The House Hacking Mindset: Landlording from the convenience of your home9:55 Landlord Diaries content led Karen to buy a 1 bed, 1 bath condo for MTR14:10 Networking with neighbors led to a 2nd purchase in the same complex that was under market by at least $100k16:10 Karen's “hotel style” midterm rental experience w/ weekly linen service & restocking18:40 Karen sets her price a bit higher than market rate to include her “hotel style” services19:00 Furnished Finder travelers love seeing 5* reviews & will even book prior to furnishing!22:45 Why hosts choose to advertise exclusively on Furnished Finder25:45 Karen's occupancy rate is 100% with same day flips & guests waiting to move in 27:10 Check out Furnished Finder's suite of midterm rental booking tools through KeyCheck27:55 Tenants feel comfortable with KeyCheck's Tenant Screening process28:15 Tenants like paying by credit card through KeyCheck to earn points28:55 House Hack Phase 2: 3 MTR master suites being built at Karen's home30:30 “Karenizing” the property- king beds only, California themes & hotel style experience32:00 5 tips when building an MTR rentalLighting & ceiling fansCustom closets rather than dressersC-shape tables rather than a coffee tableEnvision yourself in the homeRelax & unwind featuresWebsite Links:https://www.furnishedfinder.com/ https://www.keycheck.com/ https://www.furnishedfinder.com/members/profile?u=Karen.LombardoText the hosts with questions or comments. The Landlord Diaries is brought to you by Furnished Finder, where you can list your property for one low price and pay zero booking fees.

The POZCAST: Career & Life Journeys with Adam Posner
Dandan Zhu: Lessons from Building The Wealth Trifecta in the Recruitment Industry

The POZCAST: Career & Life Journeys with Adam Posner

Play Episode Listen Later Sep 27, 2024 53:42


00:00 Introduction and Background02:50 The Wealth Trifecta: Earning, Saving, and Investing06:01 Lessons from the Recruitment Industry09:08 Managing Rental Properties13:56 Building a Lucrative Business26:09 Finding Drive Beyond Money26:53 The Role and Value of Rec2Rec29:56 Qualities of a Good Recruiter37:29 AI as a Tool in Recruiting39:59 Introducing 'Agency Recruitment 101

My Life As A Landlord | Rentals, Real Estate Investing, Property Management, Tenants, Canada & US.
Tenant Screening Dos and Don'ts with TurboTenant's Krista Reuther

My Life As A Landlord | Rentals, Real Estate Investing, Property Management, Tenants, Canada & US.

Play Episode Listen Later Sep 17, 2024 28:22


There are times in your business life where you have to trust your gut.  Tenant screening is NOT one of them.  On today's show, I have a landlording expert who speaks fluent Tenant Management:  from Turbo Tenant, Krista Reuther joins me as we discuss the HARD TOPIC of tenant screening.  From first-time-renters to international applicants to convicted felons, and everywhere else in between, today's show is all about Tenant Screening.

Fort Collins Real Estate Investing & Real Estate Financial Planning™ Podcast
Warning - Risks of Tenants Trashing Properties When Investing in Real Estate

Fort Collins Real Estate Investing & Real Estate Financial Planning™ Podcast

Play Episode Listen Later Aug 23, 2024 45:09


In this special class about the dangers, risks and warnings of investing in real estate: The #1 fear that keeps potential landlords and new real estate investors up at night! Expert insights on why this fear is more common among inexperienced landlords and investors in challenging real estate markets. Real-life horror stories of tenants causing significant damage and expensive repairs - and how to avoid falling victim to it. Proven strategies to select reliable tenants through thorough improved tenant screening criteria and process. The surprising role your potential tenant's cleanliness plays in predicting how they will treat your property. How to obtain positive landlord references and why checking with previous landlords is crucial for accurate tenant assessment. Uncover the red flags of tenant screening, including the absence of references, and save yourself from potential disasters. Gain valuable insights into the importance of maintaining the foundation of your property and other unintentional structural damage from tenants. Learn how to effectively communicate with tenants about property maintenance and inspire them to take care of your investment. Discover the secrets of investing in the right type of real estate market to maximize your profits and minimize risks. Inside tips on dealing with theft and vandalism by tenants, and navigating insurance policies to recover losses. Learn the art of property inspection and what signs to look for in a potential tenant's current residence to predict their treatment of your property. Expert advice on when to hire a property manager and when to take matters into your own hands. Plus, much more invaluable knowledge and expert advice to help you navigate the risks and succeed in real estate investing. Don't miss out on this informative class and unlock the secrets to protecting your properties and maximizing your real estate investments. Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:https://RealEstateFinancialPlanner.com/spreadsheetImprove Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Fort Collins real estate investor podcast? Book a free consultation to discuss.

Jacksonville Real Estate Investing & Real Estate Financial Planning™ Podcast
Warning - Risks of Tenants Trashing Properties When Investing in Real Estate

Jacksonville Real Estate Investing & Real Estate Financial Planning™ Podcast

Play Episode Listen Later Aug 23, 2024 45:11


In this special class about the dangers, risks and warnings of investing in real estate: The #1 fear that keeps potential landlords and new real estate investors up at night! Expert insights on why this fear is more common among inexperienced landlords and investors in challenging real estate markets. Real-life horror stories of tenants causing significant damage and expensive repairs - and how to avoid falling victim to it. Proven strategies to select reliable tenants through thorough improved tenant screening criteria and process. The surprising role your potential tenant's cleanliness plays in predicting how they will treat your property. How to obtain positive landlord references and why checking with previous landlords is crucial for accurate tenant assessment. Uncover the red flags of tenant screening, including the absence of references, and save yourself from potential disasters. Gain valuable insights into the importance of maintaining the foundation of your property and other unintentional structural damage from tenants. Learn how to effectively communicate with tenants about property maintenance and inspire them to take care of your investment. Discover the secrets of investing in the right type of real estate market to maximize your profits and minimize risks. Inside tips on dealing with theft and vandalism by tenants, and navigating insurance policies to recover losses. Learn the art of property inspection and what signs to look for in a potential tenant's current residence to predict their treatment of your property. Expert advice on when to hire a property manager and when to take matters into your own hands. Plus, much more invaluable knowledge and expert advice to help you navigate the risks and succeed in real estate investing. Don't miss out on this informative class and unlock the secrets to protecting your properties and maximizing your real estate investments. Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:https://RealEstateFinancialPlanner.com/spreadsheetImprove Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Jacksonville real estate investor podcast? Book a free consultation to discuss.

McAllen Real Estate Investing & Real Estate Financial Planning™ Podcast
Warning - Risks of Tenants Trashing Properties When Investing in Real Estate

McAllen Real Estate Investing & Real Estate Financial Planning™ Podcast

Play Episode Listen Later Aug 23, 2024 45:11


In this special class about the dangers, risks and warnings of investing in real estate: The #1 fear that keeps potential landlords and new real estate investors up at night! Expert insights on why this fear is more common among inexperienced landlords and investors in challenging real estate markets. Real-life horror stories of tenants causing significant damage and expensive repairs - and how to avoid falling victim to it. Proven strategies to select reliable tenants through thorough improved tenant screening criteria and process. The surprising role your potential tenant's cleanliness plays in predicting how they will treat your property. How to obtain positive landlord references and why checking with previous landlords is crucial for accurate tenant assessment. Uncover the red flags of tenant screening, including the absence of references, and save yourself from potential disasters. Gain valuable insights into the importance of maintaining the foundation of your property and other unintentional structural damage from tenants. Learn how to effectively communicate with tenants about property maintenance and inspire them to take care of your investment. Discover the secrets of investing in the right type of real estate market to maximize your profits and minimize risks. Inside tips on dealing with theft and vandalism by tenants, and navigating insurance policies to recover losses. Learn the art of property inspection and what signs to look for in a potential tenant's current residence to predict their treatment of your property. Expert advice on when to hire a property manager and when to take matters into your own hands. Plus, much more invaluable knowledge and expert advice to help you navigate the risks and succeed in real estate investing. Don't miss out on this informative class and unlock the secrets to protecting your properties and maximizing your real estate investments. Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:https://RealEstateFinancialPlanner.com/spreadsheetImprove Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the McAllen real estate investor podcast? Book a free consultation to discuss.

Las Vegas Real Estate Investing & Real Estate Financial Planning™ Podcast
Warning - Risks of Tenants Trashing Properties When Investing in Real Estate

Las Vegas Real Estate Investing & Real Estate Financial Planning™ Podcast

Play Episode Listen Later Aug 23, 2024 45:08


In this special class about the dangers, risks and warnings of investing in real estate: The #1 fear that keeps potential landlords and new real estate investors up at night! Expert insights on why this fear is more common among inexperienced landlords and investors in challenging real estate markets. Real-life horror stories of tenants causing significant damage and expensive repairs - and how to avoid falling victim to it. Proven strategies to select reliable tenants through thorough improved tenant screening criteria and process. The surprising role your potential tenant's cleanliness plays in predicting how they will treat your property. How to obtain positive landlord references and why checking with previous landlords is crucial for accurate tenant assessment. Uncover the red flags of tenant screening, including the absence of references, and save yourself from potential disasters. Gain valuable insights into the importance of maintaining the foundation of your property and other unintentional structural damage from tenants. Learn how to effectively communicate with tenants about property maintenance and inspire them to take care of your investment. Discover the secrets of investing in the right type of real estate market to maximize your profits and minimize risks. Inside tips on dealing with theft and vandalism by tenants, and navigating insurance policies to recover losses. Learn the art of property inspection and what signs to look for in a potential tenant's current residence to predict their treatment of your property. Expert advice on when to hire a property manager and when to take matters into your own hands. Plus, much more invaluable knowledge and expert advice to help you navigate the risks and succeed in real estate investing. Don't miss out on this informative class and unlock the secrets to protecting your properties and maximizing your real estate investments. Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:https://RealEstateFinancialPlanner.com/spreadsheetImprove Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Las Vegas real estate investor podcast? Book a free consultation to discuss.

MVP Real Estate Podcast
Melodies of Wealth: How a Classical Violinist Built a Real Estate Portfolio

MVP Real Estate Podcast

Play Episode Listen Later Aug 12, 2024 65:42 Transcription Available


Text us your ideas or thoughts on this episode!What happens when a classical violinist from Bulgaria takes a leap of faith, uproots her life to the United States, and ends up becoming a successful real estate investor and nurse in Arizona? Join us as Alexandra Docheva shares her extraordinary journey, revealing how she navigated various career paths, from the tumultuous world of classical music to the demanding field of nursing, before finding financial independence through real estate investing. Influenced by the teachings of Robert Kiyosaki, Alexandra's story is a testament to resilience, adaptability, and the power of a strategic backup plan.Learn how Alexandra's mindset shifted from seeking job security to achieving financial freedom. We'll discuss her first significant investment—a fourplex property—and the strategic steps she took to build a profitable real estate portfolio while managing a full-time nursing career. Alexandra emphasizes the necessity of financial education and mentorship, the crucial role these elements played in her success, and how they helped her to prudently navigate the uncertainties of the COVID-19 pandemic.Get an insider's look into property management, where Alexandra shares invaluable tips on maintaining ethical landlord-tenant relationships and setting clear boundaries. From personal stories about tenant interactions to the importance of involving family in real estate work, Alexandra provides practical advice grounded in real experience. This episode is brimming with insights for anyone interested in real estate investing, balancing demanding careers, or simply pursuing a path to financial independence with discipline and determination. Don't miss out on this inspiring and informative episode!Website and book:https://www.holisticselfconfidence.com/https://www.youtube.com/@alexandradotchevaChapter Timestamps(00:03) - Real Estate Investor Overcomes Obstacles(07:59) - Real Estate Investing Mindset and Obstacles(13:48) - Financial Freedom Through Real Estate(22:41) - Real Estate Investor Rent Strategy(31:22) - Real Estate Investor's Growth and Strategy(42:21) - Tenants and Property Management Challenges(53:34) - Tenant Management and Investor Discipline(01:04:44) - Family Involvement in Real Estate WorkHighlight Timestamps(03:17 - 04:01) Real Estate Investment Journey (44 Seconds)(12:58 - 13:48) Real Estate Investing During Career (51 Seconds)(17:22 - 18:22) Apartment Renovations and Painting Experience (59 Seconds)(24:38 - 25:55) Ethical Real Estate Practices (77 Seconds)(31:58 - 32:30) Potential Home Purchase Incentives (32 Seconds)(35:48 - 37:11) Lead by Example as a Parent (83 Seconds)(39:18 - 40:05) Negotiating Real Estate Offer Acceptance (46 Seconds)(54:33 - 55:32) Navigating Rental Property Investment Challenges (58 Seconds)(56:57 - 58:18) Rent Flexibility for Good Tenants (81 Seconds)(01:00:35 - 01:01:32) Importance of Hard Work in Investing (56 Seconds)Real Estate Investing, Financial Independence, Property Management, Robert Kiyosaki, Mentorship, Discipline, Financial Education, Real Estate Portfolio, COVID-19, Rental Properties, Tenant Management, Financial Planning, House Hacking, Landlord-Tenant Relationships, Investment Property, Seller Financing, Property Modifications, Property Management Companies, Tenant Screening, Household Chores, Personal Growth

Real Estate Rookie
Rookie Reply: How to Screen Tenants for Free & When to Cash-Out Refinance

Real Estate Rookie

Play Episode Listen Later Aug 9, 2024 42:53


Screening tenants is a necessary but expensive part of real estate investing. In some cases, property managers charge as much as one month's rent to place a tenant. What if there was a way to build a pool of high-quality tenants for free? In this episode, you'll learn how to screen your own tenants (fairly and legally) and keep more of your cash flow! Welcome back to another Rookie Reply! After showing you how to create your own backlog of potential tenants, we dive into house hacking—the rookie-friendly investing strategy that helps pay for your mortgage—and a creative way to squeeze even more monthly income from your property. Cash-out refinancing is a popular way to access your home equity and reinvest it. But is this a good idea with today's high interest rates? Ashley and Tony will crunch the numbers and help you make the right decision. Finally, we discuss the ins and outs of eviction day and what you need to know before the sheriff arrives at your property. Looking to invest? Need answers? Ask your question on the BiggerPockets Forums! In This Episode We Cover: How to build a pool of high-quality tenants for your rental property (for free!) Mastering the tenant screening process without a property manager Creative ways to maximize your cash flow with the house hacking strategy When to do a cash-out refinance and roll your home equity into a new deal What you NEED to know before evicting a tenant from your property And So Much More! Links from the Show Become a BiggerPockets PRO Member and Get RentRedi for $1 Join BiggerPockets for FREE Buy “The Book on Managing Rental Properties” Property Manager Finder See Ashley and Tony at BPCON2024 in Cancun! Real Estate Rookie - Episode 6: The Ultimate Beginner's Guide to Tenant Screening with Lucas Hall (00:00) Intro (00:54) Building Your Tenant Pool (13:36) House Hacking from Your Garage?! (20:13) Should I Do a Cash-Out Refi? (25:58) Evicting a Tenant (35:14) Send Us Your Question! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-442 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Global Investors: Foreign Investing In US Real Estate with Charles Carillo

Tenant screening is an essential role in making your rental property a success. In this episode, Charles discusses how to screen potential tenants.  Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/  ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/

Tech Nest: The Real Estate and Tech Show
The Evolution of Tenant Screening with Steve Carroll, Co-founder and CEO of Findigs

Tech Nest: The Real Estate and Tech Show

Play Episode Listen Later Jul 30, 2024 46:51


Steve Carroll, CEO and co-founder of Fine Diggs, discusses the issue of rental fraud and its impact on the rental application process. He highlights that 25% of all evictions are attributable to rental application fraud and explains how fraudsters use stolen or fraudulent information to lease properties and wait out the eviction process. Carroll emphasizes the need for comprehensive identity verification and a more holistic approach to underwriting that considers factors like income and behavior. He also discusses the importance of fairness in the rental process and how Fine Diggs is working to provide tools for property managers to make more informed and equitable leasing decisions. Findigs is a company that aims to streamline the leasing process by standardizing qualification and underwriting and using automation tools. They focus on removing bias and ensuring that the rules are applied consistently for everyone. The company recently raised a Series B round of funding, which is a significant achievement in the current startup funding environment. In terms of industry trends, Findigs believes that while technology plays a crucial role in real estate, face-to-face interactions and personal connections should not be eliminated. They also anticipate that regulations around tenant screening will continue to evolve, with a focus on fairness and consumer permission. Looking ahead, Findigs aims to grow their business and expand their services to make the rental process seamless and transparent for consumers.More about Steve and FindigsFindigs is the leading property technology company working to simplify rental screening and leasing decisions. Thanks to Findigs' proprietary tech, it speeds up the rental decision process from an industry average of one week to an average of less than one day.Steve Carrol is the CEO and co-founder of Findigs, aiming to simplify the rental screening process, and sits on the National Rental Home Council. He has deep experience in the proptech VC space as well as being the co-founder and COO of Seated prior to co-founding Findigs.Connect with Steve on LinkedInCheck out Findigs

The Landlord Diaries
FF104 A Six Month Booking Kickstarted Leslie's Thriving Midterm Rental Business

The Landlord Diaries

Play Episode Listen Later Jul 15, 2024 30:49


Welcome to The Landlord Diaries, the ultimate podcast for property owners, real estate enthusiasts, and aspiring landlords interested in the mid-term rental strategy! Join us for an inspiring and insightful episode featuring Leslie Garcia, a successful mental wellness practitioner in New York City who has launched her first mid-term rental in Edgewater, Florida. Leslie's journey from her first six-month MTR booking to her vision of creating a wellness retreat is nothing short of remarkable.In this episode, we delve into:0:00 Intro- Welcome to The Landlord Diaries2:20 Leslie's Insights from the Midterm Rental Summit: Discover the latest trends and strategies in the mid-term rental market.2:55 The Success of Leslie's First MTR Guest: How a six-month booking kickstarted her thriving rental business.4:25 Creating a Wellness Retreat in Edgewater, FL: Leslie's inspiring vision to combine mental wellness with mid-term rentals.5:35 Leveraging Furnished Finder: How Leslie used this platform to attract healthcare professionals and secure her first MTR.9:45 Understanding Your Market: Tips on attracting diverse traveler types in Edgewater, FL.11:10 Crafting the Perfect Vibe: How to design your MTR space to appeal to your niche market.12:45 Supporting Healthcare Professionals: Addressing burnout and providing a haven for hardworking individuals.15:10 Securing 5-Star Reviews: The importance of reviews in making tenants feel safe and setting your property apart.18:00 Marketing Property Flaws: Clever strategies to turn potential negatives into positives.23:35 Tenant Screening Process: Leslie's meticulous approach, including essential phone calls.27:10 Avoiding Landlord Burnout: The four D's every landlord should know to maintain their peace of mind.28:15 Exciting New Ventures: Leslie's upcoming MTR project and her continuous growth in the rental market.29:50 Stay Connected: Learn how to connect with Leslie and gain further insights into the MTR world.30:15 State Spotlight: Find out if your state has been featured on The Landlord Diaries.Join us as we explore Leslie's journey, her innovative ideas, and practical advice for creating a successful and sustainable mid-term rental business. Subscribe now to The Landlord Diaries and transform your rental property into a thriving, niche-focused haven!Keywords: Mid-Term Rentals, Wellness Retreat, Property Management, Real Estate, Furnished Finder, Healthcare Professionals, Rental Market, Landlord Tips, Tenant Screening, Rental Property Marketing.Call to Action: Subscribe now to The Landlord Diaries on your favorite podcast platform and never miss an episode! Connect with us on social media and join our community of like-minded landlords. Let's make your rental property dreams a reality!Website Links:https://www.furnishedfinder.com/ https://www.keycheck.com/ https://www.furnishedfinder.com/stats Leslie's Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Wellness%20StayText the hosts with questions or comments.The Landlord Diaries is brought to you by Furnished Finder, where you can list your property for one low price and pay zero booking fees.

RentPrep For Landlords
Top 10 Tenant Screening Tips (Podcast #430)

RentPrep For Landlords

Play Episode Listen Later May 16, 2024 11:28


In this week's podcast, Andrew Schultz goes over the top ten tenant screening tips to ensure tenants are suitable for your rental property. Whether it is establishing clear criteria for what you're looking for in a tenant, such as credit score, income, and rental history, or gathering necessary information, including income and employment verification, tenant screening is crucial. Listen to the latest podcast to learn more.

Women Invest in Real Estate
WIIRE 108: Best Tenant Screening Practices

Women Invest in Real Estate

Play Episode Listen Later Apr 15, 2024 27:50


Hello WIIRE listeners! In this episode, we are sharing our best tips when it comes to the tenant screening practices that both of us swear by, plus talking about how tenant screening and onboarding practices differ when you are talking about an MTR vs a long-term rental property. Tenant screening is where you solidify and guarantee the success of your rental business when it comes to the renting piece so pay close attention because this will help you on your journey to becoming a super-organized REI business owner!We're often asked about how we screen our tenants, and that's exactly what we are diving into today. We are sharing the questions to ask and how to check your tenant's answers to make sure they're legit (don't skip this important step!).Doors to the next round of our signature course, CEO Bootcamp will be opening soon, so get ready!If you haven't said ‘hi' to us over on Instagram, we would love to hear from you!Thanks for tuning in!  Resources:Pre-order your copy of The Self'-Managing LandlordEnter to win a free copy & coaching callUse Hospitable for your REI bizLeave us a review on Apple PodcastsLeave us a review on SpotifyJoin our private Facebook CommunityConnect with us on Instagram

Coach Carson Real Estate & Financial Independence Podcast
#336: How to Raise Rents the RIGHT WAY | For Small Landlords

Coach Carson Real Estate & Financial Independence Podcast

Play Episode Listen Later Mar 25, 2024 20:52


⭐ Join Rental Property Mastery, my coaching & learning community: https://www.coachcarson.com/RPM-YT  

Tech Nest: The Real Estate and Tech Show
Advances in Tenant Screening Processes with Tim Ray, Founder and CEO at VeriFast

Tech Nest: The Real Estate and Tech Show

Play Episode Listen Later Jan 30, 2024 38:41


Tim Ray, CEO of VeriFast, discusses the importance of identity verification in the real estate industry and the challenges of tenant fraud. He explains how VeriFast's single-source verification platform helps verify individuals' identities and financial details, providing a more secure and flexible screening process for renters—especially for those with a non-traditional income. Tim also highlights the company's integrations with property management systems and the need for trust and transparency in data sharing. He predicts that credit checks will become less relevant in rental applications and that document processing using PDFs will fade away as technology advances.More about Tim and VeriFastVeriFast is the only single-source verification platform for identity and financial data that enables applicants to verify their data via a digital connection or document upload with OCR and fraud detection.  VeriFast provides a simple, configurable API and turnkey UI that delivers that best ROI for companies that need to validate identity, banking, payroll and/or tax data.   VeriFast claims to be a super aggregator of the best verification technology vendors into one universal platform that configures and enriches data to deliver superior decisioning with a best-in-class user experience and trusted by everyday consumers to share their data digitally.  There are a multitude of verticals from real estate to banking, insurance, government, and beyond that still rely on slow, analogue processes to share and verify identity and financial data.  VeriFast provides the most trusted verification platform in the world with the highest converting opt-in rate in the industry. Getting consumers to share their data is tough, it's our superpower.  VeriFast has a four-star rating on TrustPilot, and we're the only company brave enough to invite every applicant to rate their experience publicly. Tim Ray is a 4X Founder and Angel investor with a passion for building and scaling innovative businesses from ideation, and a track record of successful exits. Tim is passionate about the importance of creative "out-the-box" thinking, analytical decision-making and developing great relationships to solve complex problems and find winning outcomes. Currently Tim is Co-Founder & CEO of VeriFast, the first single-source verification platform that helps companies verify an individual's identity and financial details using consumer-permissioned data; reducing billions of dollars lost to inefficient underwriting and fraud annually. Tim plays dad to an amazing family with 3 kids and an incredible wife, and is passionate about travelling and being active with friends: skiing, golfing, cycling and more recently kite surfing.Connect with Tim on LinkedInCheck out VeriFast

Learn Real Estate Investing | Lifestyles Unlimited
(January 29, 2024) Del Answers Mailbag Questions on Group Think, Tenant Screening, Interest Rates, Real Estate Returns & More

Learn Real Estate Investing | Lifestyles Unlimited

Play Episode Listen Later Jan 29, 2024 31:16


Listen to Del deliver his unconventional wisdom and set listeners free by answering their most burning real estate questions. Click to Listen Now

The Truth About Real Estate Investing... for Canadians
Converting 1 House Into 8 Units in Calgary and Tenant Screening with Mackenzie Wilson

The Truth About Real Estate Investing... for Canadians

Play Episode Listen Later Dec 13, 2023 73:46


On to this week's show!  MacKenzie Wilson is a risk adverse, smart guy as he got into investing in Calgary real estate and wisely knew that screening for the right tenant was absolutely key and that the wrong tenant would lead to a living nightmare.  This coming from a Calgarian! Ask him what he thinks about the investing in BC or Ontario!! MacKenzie Wilson is an advocate for affordable housing and reduces the risk for landlords and tenants across Canada. With this MacKenzie has created and manages the largest online community of 4,000+ Landlords in Alberta. His online presence allows landlords to learn key fundamental landlord practices, navigating the risks and challenges associated with being a landlord, and maintaining a mutually beneficial tenant-landlord relationship.  If you're a fan of development, highest and best use investing, pay special attention to Mackenzie's current tear down, infill project in Calgary that will qualify for the in demand CHMC MLI select financing of 95% loan to value, 50 year amortization.  He's already purchased an everyday 60' by 100' lot which the correct zoning for which he will intensify into eight units.  Not quite 10X but 8X the housing supply on a single lot is pretty awesome. Mac as he's known to his friends also works at Singlekey, Canada's largest tenant screening service.  The online service I use and recommend my clients use to screen tenants.  I luv how far credit reports have come, they've gotten cheaper, faster, digital and more user friendly.     To follow Mackenzie: Facebook Group: https://www.facebook.com/AlbertaLandlordCommunity Linkedin: https://www.linkedin.com/in/mwyyc/

The Lady Landlords Podcast
Q&A: Applicant Income for Tenant Screening

The Lady Landlords Podcast

Play Episode Listen Later Sep 5, 2023 12:01


Today, Becky Nova answers YOUR questions about applicant income for tenant screening.

The Lady Landlords Podcast
Q&A: Credit Scores for Tenant Screening

The Lady Landlords Podcast

Play Episode Listen Later Aug 29, 2023 9:22


Today, Becky answers your questions about credit scores and talks about what it means to “set your rental criteria.”

AZREIA Show
Important Legislative Update with Mark Zinman.

AZREIA Show

Play Episode Listen Later Jun 16, 2023 39:40


In this episode of the AZREIA show, host Marcus Maloney and co-host Mike Del Prete are joined by Mark Zinman, an attorney from Zona Law Group, to discuss all things law and legislation related to landlord-tenant and real estate matters.  The episode covers issues such as tenant complaints, risk management, and creative financing options for real estate investors.  The conversation is helpful for anyone who owns and rents out property, from single-family homes to multi-family complexes.  I highly recommend giving it a listen. And as always, don't forget to subscribe to the AZREIA Show for more great content every Friday at 8 a.m. Thanks for tuning in! Key Takeaways:  [00:03:01] Landlord-friendly state or not.  [00:06:09] President's blueprint for renters' rights.  [00:08:05] Renter's rights and fair leases.  [00:13:27] Tenant's right to an attorney.  [00:13:41] Eviction and rental assistance. [00:18:53] Tenant screening is critical.  [00:19:55] Property management and liability.  [00:25:49] Protected class source of income.  [00:26:18] Discrimination against a source of income.  [00:29:15] Small landlords impacted by policies.  [00:32:24] Section 8 and Rental Contracts.  [00:36:11] Anti-manufactured home communities.  [00:39:00] Take Action and Generate Awareness. Connect with Mark Zinman at:  www.zona.law | (480) 949-1400 | mark@zona.law   ---- The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member's ability to successfully invest in Real Estate. Join AZREIA here. Is a Career in Real Estate Right For You? Take AZREIA's Real Estate Investing Entrepreneurial Self-Assessment at  

Good Morning Aurora
Wednesday | 4/12/2023 | During The Mission: News For The People

Good Morning Aurora

Play Episode Listen Later Apr 12, 2023 51:01


Good morning! It's Wednesday and your favorite morning news show is live. We hope you're all having a blessed and pleasant day. Today's show will be 45 minutes long, we have a most urgent community meeting to attend at 9 am. Together we can achieve so much. Let's get started! Here's the news: - The Everyday Heroes Breakfast will take place on Friday, April 28th at the Prisco Community Center (150 W. Illinois ave.). This is a celebration of scouting, hosted by the Ottawa District, Three Fires Council, BSA. The event will take place from 7 to 8:30 am and will feature retired Kane County Sheriff Pat Perez as guest speaker. Scan the QR code for more information and to register. We hope to see you there! - Tuesday, April 21st from 1 to 2:30 pm the HOPE Fair Housing Center & Chicago Lawyers Committee for Civil Rights will be hosting a great workshop on Fair Housing, Eviction Records and Tenant Screening. This training is free, open to the public and will be very informative. Registration is required, and this will take place at the downtown Aurora Santori branch of the Aurora Public Library. Use the QR code or link on the flyer to register and for more information! - Join our friends of Saint Astro, live at Two Brothers Roundhouse on Friday, April 21st. The show starts at 8 pm and will feature The Secret Lives as special guests. Be sure to follow them on Facebook and Instagram! Have a fantastic day! We will see you once again Friday morning for more news and more Aurora. Subscribe to the show on YouTube at this link: https://www.youtube.com/c/GoodMorningAuroraPodcast The second largest city's first daily news podcast is here. Tune in every Monday, Wednesday & Friday to our FB Live from 8 am to 9 am. Make sure to like and subscribe to stay updated on all things Aurora. Twitter: goodmorningaur1 Instagram: goodmorningaurorail Spotify: https://open.spotify.com/show/6dVweK5Zc4uPVQQ0Fp1vEP... Apple: https://podcasts.apple.com/.../good-morning.../id1513229463 Anchor: https://anchor.fm/goodmorningaurora #positivevibes #positiveenergy #downtownaurora #kanecountyil #bataviail #genevail #stcharlesil #saintcharlesil #elginil #northaurorail #auroraillinois #auroramedia #auroranews #goodmorningaurora #news #dailynews #subscribe #youtube #podcast #spotify #morningnews #morningshow #wednesday --- Send in a voice message: https://podcasters.spotify.com/pod/show/goodmorningaurora/message Support this podcast: https://podcasters.spotify.com/pod/show/goodmorningaurora/support

KSN Podcast
Just Housing Ordinance & Criminal Background Screening

KSN Podcast

Play Episode Listen Later Mar 22, 2023 51:06


KSN attorney Jessica Ryan discusses the Cook County Just Housing Ordinance & criminal background screening in Chicagoland and Illinois residential rentals. Topics include adhering to updated laws (federal and state plus local ordinances), landlord responsibilities, liability, potential violations, and more.(51 mins.) The KSN Podcast examines various aspects of association law, landlord/tenant issues, property tax appeals, and more. In each episode, KSN attorneys share their experience and knowledge as they discuss legal updates, best practices, industry trends, and more. KSN Podcast episodes are available at www.ksnlaw.com/podcast.

Learn Real Estate Investing | Lifestyles Unlimited
(February 10, 2023) Del Answers Mailbag Questions on Group Think, Tenant Screening, Interest Rates, Real Estate Returns & More

Learn Real Estate Investing | Lifestyles Unlimited

Play Episode Listen Later Feb 10, 2023 31:16


Listen to Del deliver his unconventional wisdom and set listeners free by answering their most burning real estate questions. Click to Listen Now