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Real Estate Investing with Coach Carson

#224: Tenant Screening 101 For Landlords with Pam Storm from Rent Marketplace

Real Estate Investing with Coach Carson

Chad Carson

Business, Investing

4.9613 Ratings

🗓️ 2 May 2022

⏱️ 71 minutes

🧾️ Download transcript

Summary

Episode #224 - Learn from real estate expert Pam Storm about how to find and screen the BEST tenants for your rental property. Once you figure out this skill, everything else as a landlord becomes easier.

Pam Storm is the founder of Rent Marketplace, an online service for landlords to self-manage their rental property, screen tenants, and collect rent.

Coach's written tenant screening criteria: https://www.coachcarson.com/tenant-screening-criteria-download/

Pam's website: https://www.rentmarketplace.com/

Guide - How to Screen for the Best Tenants: https://www.coachcarson.com/how-screen-best-tenants/

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Transcript

Click on a timestamp to play from that location

0:00.0

you've got to have written acceptance criteria and you want to put the the summary of your

0:06.5

written rental requirements in your listing if you're looking for someone right who's going to be a

0:11.8

long-term renter then you need to put that in your listing as a summary requirement preference

0:16.9

will be given to long-term renters preference will be given to 18 plus month candidates preference will be given to long-term runners. Preference will be given to 18 plus month candidates.

0:23.5

Preference will be given to candidates with an excellent residential history. Those are the

0:29.4

ones who are really good at taking care of their properties.

0:42.5

Welcome to the real Estate and Financial Independence Podcast.

0:44.0

I'm your host, Chad Carson.

0:47.8

You can also call me Coach, and this is a show all about helping you get out of the financial grind so you can do more of what matters.

0:50.6

Thank you for being here for another episode.

0:52.7

The title of today's episode is Tenet Screening 101 for Landlords.

0:57.5

This is an interview with Pam Storm, who is the founder of Rent Marketplace.

1:02.1

This is an online tool for collecting rent, for screening tenants, for managing basically

1:06.8

the entire process of your rental property, and it's basically catered towards smaller landlords,

1:12.1

which of course I love with the small and mighty real estate investor theme I have here on the podcast.

1:16.4

And we talk a lot today. And you can think about this as a masterclass or a deep dive on finding

1:22.6

the best tenants for your rental property. So whether you're already a landlord and already investing in

1:28.7

rental properties, whether you're kind of just nervous about doing this and can you handle this,

1:33.0

this is like one of those 101 deep dive conversations with someone who knows a ton about this topic.

1:39.3

Pam has a history in the professional world. She worked for corporations whose whole job was the background

1:44.8

data when you screen tenants and run eviction reports and credit reports and things like that.

1:51.1

So she knows a lot about the data and how to approach the data in a way that's going to be

...

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