10 Methods Landlords Can Use to Verify Proof of Income

August 19th, 2021

There aren’t a lot of scenarios where you can ask someone about their personal finances without being intrusive. Fortunately, for landlords, asking potential tenants to verify their income is a standard piece of the rental application process.

The screening process can be arduous at times, but landlords need to verify that their tenants can afford the rent and fees they mutually agree to each month so as not to have to send a notice to vacate.

Rent vs Buy: the Pros and Cons

August 12th, 2021

As a rental agent, you may work with a variety of renters who are looking to find their next apartment or single-family home. For many of these renters, you may be the real estate agent they know best, so they may reach out to you when their lease is up and they’re looking for their next home.

How long does it take for a TransUnion credit report to update?

August 4th, 2021

Disclaimer: This article is not legal advice. Any legal information is not the same as legal advice, where an attorney applies the law to your specific circumstances, so you should consult an attorney if you’d like advice on your interpretation of this information or its accuracy.

What is a tri merge credit report?

July 26th, 2021

Disclaimer: This article is not legal advice. Any legal information is not the same as legal advice, where an attorney applies the law to your specific circumstances, so you should consult an attorney if you’d like advice on your interpretation of this information or its accuracy.

How long does a bankruptcy stay on a credit report?

July 22nd, 2021

Disclaimer: This article is not legal advice. Any legal information is not the same as legal advice, where an attorney applies the law to your specific circumstances, so you should consult an attorney if you’d like advice on your interpretation of this information or its accuracy.

What is the best site to get a free credit report?

July 16th, 2021

Disclaimer: This article is not legal advice. Any legal information is not the same as legal advice, where an attorney applies the law to your specific circumstances, so you should consult an attorney if you’d like advice on your interpretation of this information or its accuracy.

What Does A Transunion Smartmove Report Show?

July 13th, 2021

The TransUnion SmartMove report is a great resource that gives you a Resident Score that shows how reliable your tenant is likely to be. As a landlord or agent, it can be difficult to make an educated decision on how to find good tenants to rent your property.

What is the Role of a Credit Report in Real Estate?

July 2nd, 2021

Disclaimer: This article is not legal advice. Any legal information is not the same as legal advice, where an attorney applies the law to your specific circumstances, so you should consult an attorney if you’d like advice on your interpretation of this information or its accuracy.

What Should Be Included in a Lease Agreement?

June 30th, 2021

When entering into a lease period, it is important to outline in detail all of the restrictions, responsibilities, payments, and terms related to the lease. This ensures that both the renter and the landlord or rental agent are in full agreement and compliance with the rules.

Utilizing a Prorated Rent Calculator To Maximize Your Rental Investment

June 16th, 2021

As a real estate investor, property manager, or rental agent, you know that every day a rental property is not monetized has a profound effect on the property’s cash flow and the financial bottom line. Thus there are times when it makes sense to think about rental income by the day, rather than by the month or lease term.

How To Calculate Your Tenant’s Rent to Income Ratio

June 14th, 2021

Housing affordability is a hot topic for policymakers at the municipal, state, and federal levels. For investment property owners, property managers, and rental agents, ensuring that a rental applicant has the income necessary to pay the rent is an important part of the vetting process.