Download or read book The Small American Landlord written by Matt Angerer and published by Createspace Independent Publishing Platform. This book was released on 2014-11-16 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Small American Landlord''s Guide to Tenant Screening was put together to help landlords across America seeking no-nonsense advice from other landlords in the industry on how to properly and legally screen applicants.Being a small landlord in America isn''t easy today. With nearly 40 million Small Landlords in the United States today and very little education on how to screen applicants properly, now was the time to release this eBook. The FCRA (Fair Credit Reporting Act) governs how small landlords can screen applicants. Their are many laws that the Small Landlord must abide by and it can get overwhelming rather quickly! The direct-to-consumer model is another approach allowed by the FCRA to give Small Landlords like you the tools needed to properly evaluate applicants. No on-site inspection needed, no hefty fees to pay, just straight-forward advice on how to use the Internet''s best tools to screen applicants quickly.Many Small Landlord''s often overlook tenant screening. They figure it''s too expensive or time consuming and most rely on gut instinct. We believe that gut instinct serves us well in many situations. We also believe in Ronald Reagan''s famous line of: "Trust, but verify". Our guide gives Small Landlord''s the industry statistics on why you can''t afford to skip tenant screening during the application process. The cost of NOT screening is far greater than the cost of screening your applicants. Besides, you can pass most of the costs onto the applicant these days anyhow. Our book breaks down the figures and opens your eyes to the REAL COST of not screening applicants with real-world examples of Small Landlords that were burned by bad tenants.Although our book promotes the use of VerticalRent as the cornerstone of your tenant screening process -- we won''t discount the value of other tools in the industry available to the Small Landlord. The bottom line is that we want the Small American Landlord to prosper and build a nest egg of wealth overtime. America is not only the land of opportunity when it comes to buying and holding rental properties, it''s the technological hub of the world! We have more software-as-a-service (SaaS) tools and companies than any other country on this planet. Americans know how to innovate and their is an entire industry building free to low cost tools for the Small American Landlord. In this book, we show you how to take advantage of these tools to make life a little less overwhelming. We guide you in how to leverage your Smartphone to improve tenant collaboration while screening applicants on-the-go. Our Small American Landlord series of e-Books will cover other topics like Small Landlord Accounting, Lease Agreements, Advertising, and Evictions.If you are a green Small American Landlord, then you likely need a little coaching on what you CAN''T ask an applicant, former employer, or former landlord of an applicant. It''s easy to stick your foot in your mouth a few times. In this guide, we also coach you on why SMS texting with your applicants or tenants might be a bad idea. You need to keep a healthy level of distance between the applicant and yourself to maintain harmony and balance. If your too friendly, you get burned. If your too strict, you get burned. The key is balance and we give you some guidelines to achieve that with your tenants. As a Small Landlord, you need to understand how to strike this balance with your tenants so that they realize you mean business at all times and that you''re a law-abiding citizen just trying to live the American Dream.Most of the Small Landlords in America are Men and Women between the ages of 25 and 65. There are over 40 million of us and counting. We come in all different shapes, sizes, and colors. Very few of us understand the concept of direct-to-consumer tenant screening and realize that we''re not reliant on the local Apartment Association to run a credit report on an applicant. We have other choices and often much cheaper and more convenient.