Tenant Screening Services

Market Switching Condos to Rentals

kgontarski — Wed, 21 Dec 2011 17:34:50 +0000

By ELIOT BROWN of the Wall Street Journal For at least three years, Related Cos. had been planning for the 151 apartments on the highest floors of its new apartment tower in Midtown to be condominiums, sitting atop 663 … Continue reading →

When Your Tenant Won’t Pay

kgontarski — Fri, 04 Nov 2011 20:35:03 +0000

There comes a point when apartment owners find that despite their best efforts at resident screening, they will have to grapple with evictions and collections in response to non-payment of rent. The weak labor market is currently contributing to greater … Continue reading →

Government seeks to sell foreclosures as rentals

kgontarski — Wed, 26 Oct 2011 20:16:20 +0000

The Obama administration said on Wednesday that it was soliciting ideas on how to turn the federal government’s inventory of foreclosed houses into rental properties that could be managed by private enterprises or sold in bulk. The goal, the administration … Continue reading →

Turning a tenant applicant down because of their credit report information? Know your legal obligations!

kgontarski — Fri, 22 Jul 2011 19:47:19 +0000

The FCRA requires you as the potential property manager/landlord to give an adverse action notice to each consumer whose credit report was used to deny their lease application. The consumer is also then entitled by the law to a free … Continue reading →

TransUnion Credit Report Codes

amitchell — Tue, 28 Jun 2011 19:42:04 +0000

ECOA (Equal Credit Opportunity Act) Inquiry and Account Designators A – Authorized user of shared account C – Joint contractual liability I – Individual account for sole use of customer M – Account for which subject is liable, but co-signer … Continue reading →

Reasons for Renters Insurance

amitchell — Mon, 27 Jun 2011 16:04:36 +0000

Renters insurance, like homeowner insurance, is sold as a package. Renters insurance provides coverage for your personal belongings and personal liability (legal responsibility) in the same way that a homeowner policy does. However, rental policies do not provide coverage for … Continue reading →

Natural Disasters and Tenant’s Rights

kgontarski — Tue, 21 Jun 2011 17:03:18 +0000

When natural disasters strike affecting the condition of your rental properties, know your tenant’s rights: If the premises are damaged or destroyed other than by the wrongful or negligent acts of the tenant so that the enjoyment of the premises … Continue reading →

Hurricane Preparation Checklist for Landlords and Property Managers

amitchell — Wed, 01 Jun 2011 15:18:37 +0000

With over 30 years of combined experience in credit reporting, background screening and information services, the StarPoint team is here to provide you with the very best in products, technology and service. Below we have create a few checklist that … Continue reading →

Tax Advantages to Renting Your Property

kgontarski — Wed, 04 May 2011 16:49:52 +0000

Rental real estate offers tremendous tax advantages and opportunity for tax planning. Taxpayers can depreciate property, deduct interest on borrowed capital, exchange rather than sell properties to defer tax on gains, use installment sales to defer tax on sales, and … Continue reading →

Are you putting funds aside for property repairs?

kgontarski — Mon, 18 Apr 2011 20:19:26 +0000

This is something that is commonly overlooked and underestimated. As a landlord, you have an obligation to keep your rental property in good condition for the tenant; not to mention, you want to keep your “investment” in the best condition … Continue reading →