Monday, January 22, 2018

Watch these videos to see how easy creating your free membership is, and start screening your tenants today!!

Click Here To Sign Up NOW!! 


Renting Authority's Gold Membership


 Why Choose Renting Authority's Gold Membership? 

Check out our video and see why 

it makes perfect sense. 

www.RentingAuthority.com 

Friday, July 10, 2015

Easy Guide To Read A Credit Report

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

Illegal Discrimination Quiz

Take this short illegal discrimination quiz.  See if you are inadvertently discriminating.

Have you ever done the following?
  1. Told an applicant there is not an opening because you did not want to rent to that person, when there really is an opening.
  2. Advertised in such a manner that indicates a preference base on group characteristics, such as skin color or sex.
  3. Set restrictive standards for certain applicants and not others, such as higher income.
  4. Refusing to reasonably accommodate the needs of disabled clients, such as hearing dog, sight dog, or other service animals
  5. Had different sets of late payment penalties for different tenants.
The Fair Housing Acts prohibit landlords from taking any of the above actions based on race, religion, or any other protected category:


Consistently using a standard application can protect you from costly lawsuits.

Using Renting Authority’s rental application and tenant screening process will help you avoid discrimination lawsuits.  They are a great tool that you now have access to.


 
Sincerely,
Troy Boldt
888-674-9181

Is the lease agreement really that important?

Yes, the rental lease agreement is the single most important legal document you have to protect yourself and the tenant.  If it’s not in writing, it just doesn’t count.  A handshake is difficult to enforce.

I get calls daily from landlords telling me of issues with their tenants.  They say the tenant is doing this or that, and want to know if it’s grounds for eviction.  I always ask them is that issue covered in your lease agreement.
Your lease should spell out terms and conditions clearly for both parties to understand.
Let me show you some of the must have points in your rental lease agreement. 
  1. Abandonment: Landlord remedies when Tenant abandons the premises.
  2. Alterations & Repairs: Rules governing Tenant alteration of the premises.
  3. Assignment and Sub-letting: Terms of leases often apply to the sub-lessees.
  4. Default / Breach: Remedies for tenant breach, including failure to pay rent.
  5. Inspection & Landlord Access: When, and how, landlords may enter the premises.
  6. Lawful Use of Premises: Tenant’s right to possession and its limits.
  7. Lead Paint Disclosures (42 U.S.C. § 4852d) Each state-specific residential lease agreement also contains federal lead hazard disclosure statements as required by 42 U.S.C. § 4852d. For a free EPA pamphlet, please visit http://www.hud.gov/offices/lead/disclosurerule/
  8. Maintenance: Who is responsible and how maintenance is defined.
  9. Parking: Included or not?
  10. Rent & Late Fees: When, and how, to collect late fees.
  11. Security Deposit: Legal maximums and number of days to return to Tenant.
  12. Tenant Hold Over: Landlord remedies for unlawful retainer.
  13. Termination of Tenancy: Notice required varies from state to state.
  14. Utilities: Who must pay to keep the lights on?
  15. Surrender of Premises: How and when Tenants give up occupancy.
Once difficult, now easy. Create your own rental lease agreement
It’s easy to create your own rental lease agreement with Renting Authority. 
Click the link below and follow the simple step by step process. It is stored online for future reference and you can edit it too.www.rentingauthority.com/lease/lease.php
If you need help, you can always call or use the online chat line.  I want to show you how easy it is to create a customized lease.  If you will let me.
Click here to start the process https://www.rentingauthority.com/lease/lease.php
View a sample lease at www.RentingAuthority.com under Rule Number 4
Here are a few of the additional features of Renting Authority’s rental lease agreement
  1.  Rent/lease apartments, condos, basements, houses, etc.
  2.  Select various fixed and periodic terms
  3.  Choose number of tenants
  4.  Flexibility with utilities, pets, insurance, parking, rent increases, signing incentives, rent to own, maintenance, and tenant improvements
To your success,
Troy Boldt

How To Email A Rental Application

We have made the procces of emailing a rental application very simple.  You don’t need to cut and copy and attach.

Here is what you do need to do.
Need to registered. (registration is free and simple) If you are not a registered member, go to www.rentingauthority.com and click on Free Rental Application (under Rule 1).  In the white box click on email rental application.  Follow the step by step instructions to register and customize your rental application.
Already registered: If you are a member, go to www.toolbox.rentingauthority.com and log in.  Click on email application under the heading Screen Applicant.
Fill in the applicants email address, Click send.  You and the applicant both receive a copy of the email.
The applicant clicks on a link inside the email and fills out the application.  The applicant also pays a $24.95 processing fee which covers your costs of running a background and credit check.
The Results:  You receive a rental application, background and credit reports on an applicant.  The reports and application are stored for you online at www.toolbox.rentingauthority.com.   You can review them and then accept or deny the applicant.
Emailing the application really is simple.  If you ever need any assistance, call or get our online support.
Thanks,
Troy