Top ten Top reasons to Screen Tenants

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Many landlords roll the dice in terms of filling their vacancies.

Tenant screening -  Many landlords roll the dice in terms of filling their vacancies. They post an advert, collect a couple of paper rental applications, and rent it to the first individual who comes to the table with all the security deposit. Legally screening tenants involves requesting a legitmate rental application, a credit file, verifying prior landlords, and also owning a state and national criminal + eviction set of the mark tenant. Many service providers out there nickle and dime landlords. We�re changing eveyrthing with VerticalRent. Listed below are the Top 10 Top reasons to Screen Tenants with VerticalRent:

Tenant screening - History often repeats itself with renters. Don�t roll the dice or quit the keys to your invesetment properties without properly investigating a prospective tenant. A �proper investigation� is subjective, but we�re fanatics about assisting you analyze risk and reward. The reward is a great tenant who pays rent on-time and doesn�t damage your property. The chance is a bad tenant who damages your property and doesn�t pay rent. Our historical credit, criminal, and eviction reports assist you to pinpoint problem tenants quickly and weed them out!
 Liability. With VerticalRent, you have a secure and electronic audit trail along with your current, prospective, and past tenants - beginning with the first rental application, run by AppSingular. If a person of your tenants partcipates in illegal activities on the premise of one's investment property, getting the screening results on record can safeguard you against liability.
 Obtaining AON Tenant Rent Default Coverage Insurance. Many capable individuals shy away from becoming a landlord because of the �what if� scenarios and �horror� stories relayed by others. Rent default coverage continues to be sold overseas for many years, but is not available in the U.S. until very recently. Next year, AON introduced tenant rent default coverage. But, you must have the �proper investigation� reports on record about the tenant. VerticalRent provides you the working platform to discover the proper rental application, credit, criminal, and eviction report - allowing you to obtain AON Tenant Rent Default Coverage. If the tenant is surely an anomoly and doesn�t pay rent ontime, you�re covered.
 Property Damage. Having a background investigation, you should understand whether a previous landlord has tried to sue a potential tenant for damaging their house.
 Avoiding Squatters. Our online rental application, operated by AppSingular, lets you quickly discount prospective tenants who have squatted in a apartment. Evicting a tenant, however, not overly complicated, takes a little bit of time. Asking the best queries about a proper rental application legally binds the tenant to truthfully answering. VerticalRent�s additional screening products verify the tenant�s truthful answer around the online tenant application.
 Knowing Who Breaks Leases. You would like stable renters who surpass the commitment of their lease agreements.
 Moved While Owing a Landlord Rent. It takes place constantly attending college towns. Local professionals buy up a few apartments and build another revenue stream with the influx of faculty students who rent from them. The unfortunate news is that many of these pupils are not local and definately will often skip rent towards the end of the semester. Since history often repeats itself with renters, you will know if they have performed this before.
 References. Beyond landlord references, your tenant can authorize one to contract neighbors, employers, credit agencies, creditors, and all other individuals required to carry out a thorough and investigative screening. Your web rental application, run by AppSingular, ensures that there is a authorization to take action.
 Other Occupants. Always sknow what other occupants will probably be living with a tenant within your dwelling. An online rental application, powered by AppSingular, will help you to screen the other occupants - not merely the primary on the lease agreement. You may also enable online rent collection for every tenant surviving in the dwelling - allowing each to pay their share with the rent individually with an online portal.
 Peace of Mind. Everyone has varying tolerances for risk. The introduction of rental default coverage insurance by AON allows risk-adverse individuals to throw their hat into the financially rewarding business of landlording. VerticalRent gives landlords the internet tools and satisfaction needed to make educated renting decisions.