Is a Rental Application Legally Binding?

As a landlord, it’s normal procedure to ask potential tenants to fill out a rental application. After all you are renting out property to them and they are essentially strangers to you. Because of this, it’s also common to run background checks on potential tenants.

The 10 Hottest Los Angeles Leasing Markets of 2017

The results are in and we’ve put together the top ten leasing "hot spots" in Los Angeles for 2017.

Los Angeles County rental prices are expected to rise 2.9% during 2018, capping at $1,840. But how does this impact real estate agents, landlords, and property managers? Understanding the market intricacies of LA will make it easier to direct efforts when trying to fill vacancies or assist clients.

What the Exploding Rental Market Means for Real Estate Agents

Real estate agents commonly stay away from rentals because of the tedious tenant verification process and the inconvenience of collecting lease applications. Even though agents are steering clear of rentals, millennials are flocking towards them.

With increasing property value and student loan debt, the supposed new generation of homebuyers aren’t buying homes, but rather renting instead.

Why Real Estate Agents Can’t Afford to be Lazy

Here at RentSpree, we love the motto "work smarter, not harder." However, any good real estate agent will tell you that there is a lot of hard work involved in real estate. Whether it’s scheduling your showings, creating listing presentations, or making sure your tenant verification is on point, being a real estate agent is not for those with a poor work ethic.

How to Tell Which Applicants Are Serious

Your open house is a hit. Tons of people flock to your rental property, but how can you tell if they’re actually interested in applying, and not a dreaded lookie-loo? The last thing you want to do is hound down applicants to complete their online rental application only to find out that they were never interested in actually applying.

Questions to Ask When Verifying Tenants

While we’ve previously stated the importance of consulting your applicants’ references in addition to collecting tenant verification reports, the calls to those references are meaningless without asking the right questions.

How can you get to know your applicants in a short phone call to them or their references? We’ve come up with some foolproof questions to get a ton of information in a short amount of time.