How to Screen Tenants Effectively

Screening tenants is a must!   Will you get paid? Will they take care of your property? Are they real? Initial Tenant Screen: An initial phone conversation with a prospective tenant can help you answer these questions: Why are you traveling? When do you need the property? Do you have any special needs? Have you stayed in a furnished rental before? Who will be staying in the property and are any guests minors? Are you anticipating any visitors? Are you bringing any pets? Be on the look out for any potential red flags and ask for clarification when necessary....

Corporate Housing Rental Documents 101: The Rental Application – Update

In the past we have talked about the Rental Application. CHBO now has an updated Documents Library available for FREE in your CHBO DASHBOARD. These documents are now available both as PDFs and as Google Docs to allow you to copy, paste and edit these to best meet the details of your state, your property and your personal preferences. Login at CHBO to start using these documents today.   A rental application should include all the basic information about your prospective tenant, including their name, address, ss#, driver’s license number, employer, previous landlord, as well as the opportunity for them to disclose any...

Red Flags When Screening a Corporate Housing Tenant

I’ve been in the property management field long enough to know red flags when I see them. You know, the tenant calls you and something just doesn’t feel right. In my experience, here are some red flags every corporate housing landlord should be on the look out for: A tenant who doesn’t want to complete the rental application. Every tenant should complete the rental application with a few core exceptions. For example, if the tenant has had their identity or credit card stolen, you may consider waiving the rental application. Also, elderly clients and someone who has never leased a property...

Corporate Housing Rental Documents 101: The Rental Application

This article is part of a series of articles discussing the various documents you’ll need as a corporate housing landlord. A rental application is the first step to making sure the tenant is a viable tenant – consider it the qualification step. Before signing any lease agreement with a potential renter, ask them to fill out a rental application. You can create one on your own, Google search for a template, or simply login to your CHBO account – a sample Rental Application is available to members in the “Forms and Documents” section. A rental application should include all...