When you’re looking at your applicant’s tenant screening report, it can be easy to get confused about eviction judgments and filings. What’s the difference between the two, and which carries more weight? Where can you see eviction records on the tenant screening report, and what should you do if there is an eviction judgment present?
Marketing your rental property to potential rental applicants is tricky enough, but marketing to a particular generation of renters can be even trickier. As times change, the needs and wants of renters can shift, and what you think might be a selling point on your property could prove to be the opposite. Take a look
It often takes time to achieve success in property management. A property manager needs years of experience tempered by attention to detail, discipline, and an unwavering commitment to handling responsibility and pressure. A good property manager is usually a skilled juggler of various tasks, keeping both tenants and property owners happy. In addition to screening
Bright-line rules and standards were created with a ‘simple’ goal that often leads to more harm than good. The idea is to draw a hard line of good or bad, acceptable or not, but often leaves out the difficult situations people often find themselves in. While the idea of ‘equal punishment for the same act’
If you were one of the 147 million Americans affected by the Equifax data breach in 2017, you can now apply for reimbursement. After agreeing to the Federal Trade Commission’s (FTC) terms, Equifax must now pay at least $575 million and up to $700 million in compensation to victims of the Equifax data breach. Were
CIC has released credit, criminal and eviction data trends from 2019’s second quarter, April through June. The analysis has revealed that for the most part, tenants’ FICO score has trended upwards as expected. CIC’s quarterly data analysis highlights the number of rental applicants that have criminal and eviction records on their tenant background checks, as
When it comes to evictions, hindsight is 20/20. As you learn more about filing an unlawful detainer or look for a new, suitable tenant to fill your vacancy, avoid any other mistakes by diving deeper into the ins and outs of evictions and eviction screening. From eviction laws to learning how to read an eviction
CIC has released credit, criminal and eviction data for January through March, 2019 and discovered that your renter’s FICO scores trended downward. CIC’s quarterly data analysis highlights the number of rental applicants that have criminal and eviction records on their renter background checks, as well as the average FICO credit score. Compared to last quarter
In the multifamily housing industry, there are sizable differences between traditional and consumer-initiated tenant screening services. While consumer-initiated screening hasn’t been available within the industry for long, it’s caught like wildfire amongst independent rental owners (IROs) and real estate agents. Whether you’re looking for a new tenant screening service or are curious if the newest
Any time you use a consumer credit report to decide whether to accept a rental applicant or renew a lease with a current tenant, the Fair Credit Reporting Act (FCRA) legally requires you to take some important steps to remain in compliance with the law. From credit freezing laws and procedures to adverse action notice