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Archive for August, 2008

Next Entries »

Listing online, what should I expect?

Monday, August 4th, 2008

Prices, timeline, effectiveness

Welcome back!

Posted in Listing Rentals Online | 3 Comments »

Landlord Nightmares

Monday, August 4th, 2008

Tell us about your worst, most interesting and strangest tenant experience.  I have heard hundreds of them over the phone.  Now it is your turn to tell the world.  Hopefully, we can all learn something from your posting.

Posted in Landlord Nightmares | 2 Comments »

Easy Guide to read a Credit Report

Friday, August 1st, 2008

Personal Information

This shows where a person lived when they applied for credit.  This will not show everywhere a person has lived.

Employment Information

This shows where a person worked when they applied for credit. This will not show everywhere a person has lived.

Report Summary

This area of the report shows the number of 30, 60, and 90 day late payments a person has had.  This section also shows credit limits and the amount of debt a person has.

Scorecards

This is where you see a person’s credit score.  This shows what type of a credit risk a person poses to a potential creditor.  Here is a simple break down:

550 and below is poor

600 to 650 is fair

651 to 700 is good

701 to 750 is great

750 plus is excellent

Collections

This section shows which accounts have gone to collections.   You can view the amount and if they have been satisfied.

Public Records

This area shows bankruptcies, liens, judgments, and evictions.

Trade Lines

This gives a detailed account of extended credit.

Inquiries

This lists out inquiries into a person’s credit.

If you need to screen another tenant, click here

www.rentingauthority.com

Posted in How to Screen an Applicant, Landlord Basics | 2 Comments »

Video: Who are you renting to? Detective Mark Petersen

Friday, August 1st, 2008

Here’s a quick video clip of an officer who has seen the ugly side of renters.

You must watch this.  If you a new or seasoned landlord, you will gain some great insights.

 

Listen to what Officer Mark Petersen has to say about potential dangers of renting to the wrong person.

 

He touches on these four areas:

  1. Wolves in sheep clothing
  2. Portable Meth Labs
  3. Insurance companies and civil evictions
  4. Tenant Screening

The video clip runs about 2 minutes.  To watch it, click here:

 http://www.rentingauthority.com/sites/testimony.html

 

Please gives us your comments about this video.  We also would love to hear any story about your tenants

Posted in How to Screen an Applicant, Testimonials | 1 Comment »

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