{"id":58,"date":"2018-11-16T13:44:49","date_gmt":"2018-11-16T13:44:49","guid":{"rendered":"http:\/\/rentalnews.realtimerental.com\/?p=58"},"modified":"2018-11-16T13:48:55","modified_gmt":"2018-11-16T13:48:55","slug":"5-screening-tips-with-vacation-rentals","status":"publish","type":"post","link":"http:\/\/rentalnews.realtimerental.com\/index.php\/2018\/11\/16\/5-screening-tips-with-vacation-rentals\/","title":{"rendered":"5 Screening Tips with Vacation Rentals"},"content":{"rendered":"<p><span style=\"color: #000000;\">There are two main differences with the occupants of a vacation rental vs. a standard rental property.<\/span><\/p>\n<ol>\n<li><span style=\"color: #000000;\">Length of stay<\/span><\/li>\n<li><span style=\"color: #000000;\">Mindset of the guest<\/span><\/li>\n<\/ol>\n<p><span style=\"color: #000000;\">The difference in the length of stay is pretty obvious\u2026 vacation rentals tend to be short stays where traditional tenants sign a longer lease.<\/span><\/p>\n<p><span style=\"color: #000000;\">What we\u2019d like to focus on is the mindset of the vacation rental guest.<\/span><\/p>\n<h2>Mindset of vacation rental tenants<\/h2>\n<p><span style=\"color: #000000;\">There\u2019s a reason<\/span> <a href=\"https:\/\/www.cargurus.com\/Cars\/articles\/the_pros_and_cons_of_buying_a_rental_car\">people drive more aggressively<\/a> <span style=\"color: #000000;\">with a rental car compared to the car they lease. It\u2019s a different mindset when it\u2019s a short-term rental.<\/span><\/p>\n<p><span style=\"color: #000000;\">The same can be true of vacation rentals as well.<\/span><\/p>\n<p><span style=\"color: #000000;\">Why not shut the fan off for a hot shower because you like to pretend the rental has a steam room?<\/span><\/p>\n<p><span style=\"color: #000000;\">Knowing that your guest may have this viewpoint makes it important you screen your short-term tenants with as much vigilance as you would a standard renter.<\/span><\/p>\n<h2><\/h2>\n<h2>5 Screening Tips with Vacation Rentals<\/h2>\n<p><span style=\"color: #000000;\">Here\u2019s a quick list of tips you can implement into your process to screen your short-term guests.<\/span><\/p>\n<h3>1. Try various searches parameters on social media<\/h3>\n<p><span style=\"color: #000000;\">Social media posts can say a lot about person\u2019s lifestyle and living conditions.<\/span><\/p>\n<p><span style=\"color: #000000;\">You\u2019re looking for obvious photos that indicate someone lives an \u2018Animal House\u2019 inspired lifestyle.<\/span><\/p>\n<p><span style=\"color: #000000;\">However, many people will have two social profiles. Let\u2019s use Facebook for an example.<\/span><\/p>\n<p><span style=\"color: #000000;\">If you have the name, email, and phone number of your applicant. Try searching all three separately in Facebook.<\/span><\/p>\n<p><span style=\"color: #000000;\">Some people will have an account set up using their phone number and a separate Facebook account attached to their email address.<\/span><\/p>\n<p><span style=\"color: #000000;\">If they have two accounts there is a good chance they created a professional looking profile for job purposes or perhaps to keep up appearances for family.<\/span><\/p>\n<p><span style=\"color: #000000;\">It\u2019s the other profile that will give you a better idea of any potential red flags they might be publicly sharing.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3>2. Co-signers can be good<\/h3>\n<p><span style=\"color: #000000;\">Having more than one person\u2019s name on the agreement can be helpful in spreading the responsibility.<\/span><\/p>\n<p><span style=\"color: #000000;\">This can be achieved by requiring a co-signer for the rental. Someone else who will be responsible if repairs are needed.<\/span><\/p>\n<p><span style=\"color: #000000;\">Just having the understanding that someone else will be affected negatively can keep people on their toes.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3>3. Security deposits are your friend<\/h3>\n<p><span style=\"color: #000000;\">If you\u2019re not charging a sizable security deposit on your rental you\u2019re asking for trouble.<\/span><\/p>\n<p><span style=\"color: #000000;\">A security deposit does more than just create a deposit you can withdraw from if there are damages. It will discourage people with potentially harmful plans.<\/span><\/p>\n<p><span style=\"color: #000000;\">The Best Man planning a ruckus bachelor party is not going to want to put up a sizable security deposit on his dime. He\u2019s going to look for a rental that will limit his liability if the party gets out of hand.<\/span><\/p>\n<p><span style=\"color: #000000;\">Charge a good security deposit and you\u2019ll scare away suspect tenants.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3>4. Ask for references<\/h3>\n<p><span style=\"color: #000000;\">If they\u2019re currently renting, ask if you can reach out their landlord.<\/span><\/p>\n<p><span style=\"color: #000000;\">A quick conversation with the landlord will help give you confidence that you\u2019ve found a great guest for the vacation rental.<\/span><\/p>\n<p><span style=\"color: #000000;\">This step may take a few extra minutes but you\u2019ll know right away if the renter is reluctant to provide this information that they may have something to hide.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3>5. Run a background check<\/h3>\n<p><span style=\"color: #000000;\">Many times people start running background checks AFTER they\u2019ve been burned by a bad tenant.<\/span><\/p>\n<p><span style=\"color: #000000;\">Our advice is to always be proactive and run a background check as your last screening measure before handing over the keys.<\/span><\/p>\n<p><span style=\"color: #000000;\">Has this person been evicted in the past? Do they have a history of violent crimes?<\/span><\/p>\n<p><span style=\"color: #000000;\">Identifying any potential red flags before you hand over the keys is crucial.<\/span><\/p>\n<p><span style=\"color: #000000;\">For anyone managing someone else\u2019s asset you\u2019ll want to run a background check because it\u2019s not a good look when a convicted felon causes substantial damage to the property.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2>About RentPrep:<\/h2>\n<p><span style=\"color: #000000;\">RentPrep is a<\/span> <a href=\"https:\/\/www.rentprep.com\/tenant-screening\/tenant-screening-services\/\">tenant screening service<\/a> <span style=\"color: #000000;\">based out of West Seneca, NY that services over 40,000 landlords and property managers nationwide. They have a team of FCRA Certified Screeners that hand-compile reports to ensure accuracy and are available by phone, email, and live chat to discuss your reports. We\u2019re proud to be integrated into the RealTimeRental platform to keep your vacation rentals in good hands.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are two main differences with the occupants of a vacation rental vs. a standard rental property. Length of stay Mindset of the guest The difference in the length of stay is pretty obvious\u2026 vacation rentals tend to be short stays where traditional tenants sign a longer lease. What we\u2019d like to focus on is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":61,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-58","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/rentalnews.realtimerental.com\/index.php\/wp-json\/wp\/v2\/posts\/58","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rentalnews.realtimerental.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rentalnews.realtimerental.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rentalnews.realtimerental.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rentalnews.realtimerental.com\/index.php\/wp-json\/wp\/v2\/comments?post=58"}],"version-history":[{"count":3,"href":"http:\/\/rentalnews.realtimerental.com\/index.php\/wp-json\/wp\/v2\/posts\/58\/revisions"}],"predecessor-version":[{"id":63,"href":"http:\/\/rentalnews.realtimerental.com\/index.php\/wp-json\/wp\/v2\/posts\/58\/revisions\/63"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/rentalnews.realtimerental.com\/index.php\/wp-json\/wp\/v2\/media\/61"}],"wp:attachment":[{"href":"http:\/\/rentalnews.realtimerental.com\/index.php\/wp-json\/wp\/v2\/media?parent=58"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rentalnews.realtimerental.com\/index.php\/wp-json\/wp\/v2\/categories?post=58"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rentalnews.realtimerental.com\/index.php\/wp-json\/wp\/v2\/tags?post=58"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}