Do you need a social security number on an apartment rental application?

May 21st, 2019

Many real estate professionals believe that a social security number is needed to verify information on an apartment rental application. However, today that isn’t necessary. In fact, it may be illegal in some states (such as California) to reject a rental applicant because they do not have a social security number or do not wish to give that number to you.

3 Steps on How to Pre-Screen Tenants

March 29th, 2019

Finding a great tenant takes time and effort. However, no one wants to waste time or money on applicants who do not meet at least minimum requirements. These minimum requirements are called tenant screening criteria.
What are tenant screening criteria and why are they important?
Tenant screening criteria are a set of minimum requirements applied to all applicants equally and consistently which must be met in order to be considered for tenancy.

How Does the Los Angeles Rental Application Market Stand Up to Other Major US Cities?

March 21st, 2019

Los Angeles rental prices have finally found stable ground after years of dramatic surges. According to a 2018 report by Apartment List, prices are nearly the same as they were at the end of 2017. What does the data say for applicants who had to submit a rental application?

For much of last year, there was a 1.4% marginal rise in price growth, which went above the state average of 0.3%. Moving into the start of 2019, it was found that the city’s median rent price for a one-bedroom apartment was at $1,360, while a typical two-bedroom was at $1,750. And as of last month, both prices have barely budged.

The Dos and Don’ts on a Standard Rental Application

March 14th, 2019

When using a rental application, the end goal is to help make an accurate assessment of a prospective tenant. While a certified standard rental application doesn’t exist, you can still get a vetted one that follows federal guidelines. Knowing this, we have put together an article that can help keep you out of legal trouble.

Five Ways That You Can Verify a Standard Rental Application

February 22nd, 2019

The information on a standard rental application is entirely supplied by the applicant. That means you cannot afford to take everything at face value. For example, if an applicant claims they earn $15,000/month in income, it is your responsibility to ensure accuracy.

RentSpree Automates Tenant Screening Across all 50 States

February 10th, 2019

RentSpree achieves 50 state presence to bring renting into the modern age.

Los Angeles, Feb. 10, 2019 -- RentSpree now handles the screening process for real state professionals in all 50 states.

Los Angeles-based RentSpree is a real estate technology company that has created a proprietary platform allowing agents and owners to seamlessly screen and verify tenants.

What do Landlords Look for in Lease Applications?

January 30th, 2019

There’s no getting past it; when looking for that perfect tenant, you need to go through the rental application process. When you look through lease applications on behalf of the landlord, you are responsible for vetting and properly screening applicants.

How to Screen a Tenant in the Rental Application Process

January 22nd, 2019

When you’re renting out a property, at some point you will be sending out applications. Applicants need to fill them out. But why do you need one? For a safer renting process, you can review finished rental applications and make an informed decision on picking prospective tenants.

How to Send Denied Rental Application Letters

January 14th, 2019

When looking through rental applications, sometimes you have no choice but to reject someone. Whether it be because of their credit score, eviction report, or something else, it can be tough to figure out how to send out a rental application denial letter.

Fire Protection 101: Fire Safety and Other Rental Application Tips

January 4th, 2019

So, you want to learn more about fire safety. In California, one of your major concerns are fires, so it’s normal to be concerned about property damage and the safety of your tenants.

On the topic of fires, there are many things to keep in mind: renter's insurance, fire safety procedures, and how to protect properties in a fire.

What is Needed in a Standard Rental Application

January 1st, 2019

You wouldn’t let a stranger borrow a high-value item you possessed, so why would you let one live in your property? Obviously, these are two different scenarios, which is why it’s important to collect a standard rental application for any prospective tenant interested in your property.