Preforeclosure houses typically occur when a homeowner falls behind on mortgage payments, which results in loan default. During preforeclosure, the homeowner can either sell the property or pay the outstanding balance on the loan. This allows an investor to buy a preforeclosure property below market value. To learn how to buy a preforeclosure home, follow…
Real Estate Investing & Rental Management
How to Find a Great Real Estate Agent: 11 Tips From a Realtor
Finding a great real estate agent can be challenging if you don’t know what to look for. To find a great real estate agent, you must know what you want in terms of their personality, business acumen and skills, and your goals for buying or selling property. A great real estate agent has knowledge of…
10 Proof of Income Documents Landlords Use to Verify Income
Landlords must request and evaluate each prospective tenant’s proof of income documents and determine if they are a qualified tenant who can pay rent on time. The most frequent and reliable sources of proof of income verification include pay stubs, tax returns, bank statements, and a letter of employment. However, supplemental forms like Social Security…
Free Rental Application Form Templates & What to Include
A rental application form enables landlords to examine potential tenants’ creditworthiness and capacity to make on-time rent payments. This form includes questions about the applicant’s current living circumstances, financial position, and employment history. The information gathered from the rental application form will provide landlords guidance when assessing a prospective renter’s suitability. Download our free rental…
5 Best Sites for Rentals by Owner
The best sites for rentals by owner offer robust features, like built-in tenant screening, listing syndication, and listing and lead management. These options allow property owners and investors to reach a larger audience and increase the exposure of their rental property listing. In addition, they enable social sharing and photo and video uploads, and have…
PayRent Review: Pricing, Features & Alternatives
PayRent is one of the top rental payment and management software, earning a 4.34 out of 5 rating. It empowers landlords to automate and manage rent collection from any location as long as they have an internet connection. With PayRent, landlords can offer tenants a convenient payment portal that supports multiple payment methods. This ensures…
DoorLoop Review: Is It Right for Managing Your Rental Property?
DoorLoop is one of the top online property management and rent payment software, earning a rating of 4.07 out of 5. It is an all-in-one software for investors, landlords, and property managers to manage one property or entire portfolios from one convenient platform. It offers online banking and accounting, leasing and property management, tenant management,…
Rentec Direct Review: Pros & Cons, Pricing & Features
Rentec Direct is one of our best property management and rent payment software, earning a 4.48 out of 5 rating. Our evaluation was based on multiple criteria, including Rentec Direct pricing, its features, overall ease of use, customer reviews, and our expert analysis. Based on our assessment and online Rentec Direct reviews, we recommend it…