How should landlords handle a tenant payment returned for insufficient funds?

In a down economy you are more likely to come up against a tenant whose check doesn't clear due to insufficient funds. Do you have a plan for when this happens? Rent Perfect President David Pickron shares some key insights on what he had to due recently when he received his first insufficient funds notice, ever. 🏠 The Rent Perfect system helps investors become successful "lazy" landlords by [...]

Does a landlord have to explain every decision they make to their tenants?

When it comes to what you say regarding pretty much anything to your tenant, a good rule of thumb is to not share any more than is necessary. Raising rent? You don't owe the tenant an explanation. Changing a policy? Again, you don't owe them anything other than proper notice. Listen as David shares a story about how an owner shared too much regarding an upcoming raise in rent and how that is [...]

Should I consider accepting part of a security deposit on a payment plan from my tenant?

With rents on the rise, security deposits are rising too, causing many renters to be short on available cash to secure the required security deposit. Taking a partial security deposit can be tricky. David Pickron discusses why you need to tread lightly when accepting partial security deposits. 🏠 The Rent Perfect system helps investors become successful "lazy" landlords by managing efficiently [...]

What if my applicant won't provide the documentation I need during the application process?

Every landlord should act like a private investigator, and that starts by observing applicant behavior during the showing and on-boarding process. If an applicant is afraid to answer questions or provide even the most basic documentation then you should have questions. 🏠 The Rent Perfect system helps investors become successful "lazy" landlords by managing efficiently with ease, starting with [...]

Does criminal history affect a tenant's ability to pay rent?

There is a direct correlation between a tenant applicants criminal history and their credit scores, which ultimately affects their ability to pay rent. If government takes away your ability to view the applicants criminal background, you are losing a powerful tool in finding and approving the right "business partner" to occupy your rental property. 🏠 The Rent Perfect system helps investors [...]