If you’re a landlord, tenant, or an agent, time is of the essence when it comes to the rental jungle. So why does such a large portion of the industry still use paper applications? Why do they rely on credit/background checks that take days to process? Having a fast and efficient tool for every stage in the rental process is crucial for all parties; which is exactly we partnered with TransUnion and created our own Online Application Tool.
Rental Beast is here to make paper applications a thing of the past by. Why does this matter to you?
Why should I care as a Landlord?
- The majority of our applications can be processed almost instantaneously, so, as a landlord, you don’t have to wait days for your applicants information to be generated! More speed = decreased vacancy rates!
- All your applications in one spot! Whether you have one property, or a dozen, all your applications will be present in one dashboard.
- Reduce your liability! Paper applications must be destroyed correctly to ensure the documentation does get into malicious hands. Rest easy, as our application dashboard completely secure!
Why should I care as a tenant?
Let’s imagine you have two potential tenants, both of which have identical credentials are applying their dream rental…
Tenant 1 uses our online application tool, while Tenant 2 uses a paper application.
Within hours, Tenant 1 is accepted by the landlord and they can be fully moved in by the time Tenant 2‘s application is fully processed.
Nobody wants to be Tenant 2.
Rental scams are at a fever pitch right now, and protecting yourself and your money while apartment hunting should be your number 1 priority.
In most cases, using common sense will help you stay out of trouble (we’ve all heard of the Nigerian Prince who will wire you a Million dollars as long as you cover the transaction fee) but even a street smart consumer can be fooled by a believable scam. Here are some tip & tricks to avoiding being duped.
1. If it looks too good to be true, it usually is…
That newly renovated townhouse with all new stainless steel appliances, a small outdoor patio complete with a finished garden, and large three car garage that just happens to be in the heart of the city, and is going for a fraction of average rental? Yeah, thats too good to be true. Business Insider’s tip #6 is great advice – “Trust your intuition.” If the apartment of your dreams is at a price you didn’t even think possible, it is most likely a scam.
2. Never, under any circumstance, wire money to someone you have never met.
Boston.com details the nightmare situation of finding out you have been duped online. If a landlord “had an emergency come up” or is “out of state working another property” do not wire them money to secure the apartment! Wait until they they are back (if they are actually coming back) and see the listing then. In the meantime, start your search up again. I can guarantee you, starting your apartment search over again is much less of a headache then wiring a few thousand dollars you will never get back!
3. See the listing in person!
This is easily the best advice you can take to ensure you are not getting duped online. Schedule a showing, tour the apartment, and then you can start the process of actually applying for the apartment. If you physically cannot be present for the showing, make sure someone you trust is. Touring the apartment is your best way to ensure you are not getting scammed. Not to mention, actually seeing the apartment you will be renting for at least a year is a great idea.
The underlying theme in these tips? Common sense. Do not get yourself into trouble by rushing the apartment rental process. Take your time, do you your homework, and actually see the apartment in person.
“Repurposed, remodeled, and revamped.”
These words are being used more and more in the construction boom that Philadelphia is currently experiencing. Every week there seem to be new restoration and renewal projects proposed, or announced, in what are currently just dilapidated or un-used buildings.
What has been fantastic to watch is the effort and time developers have put into keeping the character and integrity of these architectural slices of history. Structurally, Philadelphia is an extremely diverse city with tons of variant architectural elements scattered throughout its limits. Keeping this personality alive is of utmost importance for the city.
Adam Ozimek, a senior economist at Moody’s Analytics in West Chester, was recently interviewed by Philly.com and is excited by the growth in the Philadelphia area:
“There’s clearly optimism. It’s a very exciting time to be watching the Philadelphia economy, that’s for sure. It feels like there’s a possibility that Philadelphia could be like one of those mega-cities.”
I only had one day in Philadelphia to find and lease an apartment that I would be living in for the next year. I’d be moving there in two months. The stress of finding the perfect place and submitting an application, all in less than 12 hours, was almost debilitating. I had been searching the usual rental sites but was having immense difficulties conversing with the listed landlords when trying to get more info about the apartment. Actually scheduling showings? Almost impossible.
This is a nightmare that thousands of apartment hunters face every day. Finding, visiting, and submitting an application is extremely time-consuming and stressful when you don’t have a trained professional helping you. Thankfully, one of the dozens of prospective units I emailed that day was listed by a real estate agent. The agent took me under his wing and helped me sign a lease on a rental unit during that limited 12 hour window I was in Philadelphia.