No tenant likes having their rent go up. However, as a landlord, there are ways to handle a rent increase that make it much less likely to lose good tenants to a potentially costly turnover. Even if a tenant has already decided to move out, you might not know it when you choose to initiate a rent increase.
For anyone employing drivers, pulling a Motor Vehicle Record (MVR) is essential for new hires. This process can be challenging to navigate, but screening services like StarPoint Screening can simplify the process, saving time and energy.
When a landlord rents an apartment to a tenant, he or she wants to know that the tenant can pay the rent and their property will be maintained. To verify that this is possible, a landlord may do a background check, a tenant credit check, an eviction search, an employment check, and a previous landlord reference check.
The three largest credit bureaus are Equifax, TransUnion, and Experian. All three bureaus collect credit information, credit histories, and may tabulate a credit score (FICO score) on you. Landlords, property managers, and real estate agents, can use StarPoint Screening as a resource to pull a tenant credit report.
A self-employed renter can be a scary prospect. Not only does a landlord have to worry about the potential instability of a tenant’s income—where lulls in sales or the loss of a client could put them behind on rent—but the viability and success of the business itself.
For employers, checking the driver’s license status of employees that will operate a motor vehicle for any business purpose is essential. This is not limited to delivery drivers—it includes anyone driving a company car, contractors who transport goods, and even employees or volunteers driving people for business-related events. Conscientious employers should check the driver’s license status of anyone whose driving might reflect on their business.
The Denver city council has passed a law that requires all landlords to obtain licenses for their rental properties. Licensing requirements will take effect in 2023 for properties with multiple units and in 2024 for single-unit properties. Certain actions are required to obtain a license.
Verifying a tenant’s income and employment is an essential part of the tenant screening process. Here are a few steps you can take to ensure you get the information you need as quickly as possible.
Driver safety is one of the main concerns for trucking companies today. Not only is it important for the protection of employees and other people on the road, but accidents can cost companies thousands of dollars.
When you order a tenant credit report on a rental applicant there are different messages you may receive. This is your guide to make sense of those messages.
A successful business strategy is built on more than just income generation. For landlords, knowing and understanding the tax structure used on rental income can be an important way to increase the money they take home after taxes.
The Pre-Employment Screening Program (PSP) through the FMCSA offers reports on individual commercial drivers’ history. PSP reports can be helpful in a variety of ways.
Screening a tenant—whether they have submitted a housing application or are renewing their lease—a signed authorization is required. Consumer reports, which can include credit reports, eviction history, and criminal history, can only be accessed under this law for a “permissible purpose.”
The Federal Motor Carrier Safety Administration (FMCSA) has extended a number of regulatory relief measures to May 31st, 2021. Among these is an exemption on hours-of-service regulations for truck drivers providing direct assistance to emergency efforts and an extension on permits and licenses up for renewal.