New Website Lets Tenants Grade Landlords, Rate Rental Properties

classroom101Renters now have a social networking website that allows them to grade landlords and rate properties. The site caters to students, and also provides listings for rental properties near college campuses.

GradeMyLandlord.com launched a couple of weeks ago. The site’s creators, two Indianapolis-based entrepreneurs and former college kids, wanted students to have a place to go to grade landlords and the condition of properties available for students to rent.

Students have the opportunity to grade landlords on a traditional grading scale of A, B, C, D, and F in six different categories: Party Tolerance, Security Deposit Return, Contract, Timeliness, Kindness and Maintenance, and properties on a 1-5 star scale.

Inspired by RateMyProfessor.com that allows students to share opinions for choosing a professor, GradeMyLandlord.com has the ability to aid students in their decision to choose a landlord and rental property.

If a student comes across a rental property but sees that the landlord of that property does not have the best grade, the student might second guess going with that property, said Montesano. This website makes the entire renting process easier.

The landlord has the ability to really make or break your rental experience. I™ve witnessed many instances where students were cheated by their landlord and I™ve also witnessed instances where a landlord was amazing, GradeMyLandlord.com gives you the opportunity to share your experiences with other college students in hopes of helping out one another, he said.

So far, the site boasts 44 pages of landlords. While many are not yet rated, there are a few who have already received a bad grade. A landlord near Western Michigan University failed nearly every category and earned the anonymous comment, “place was a mess.” Yet, a Dayton landlord proved more popular, earning a 3.6 overall, with an “A” for party tolerance. Still, one tenant complained, “not happy with the way we left the house.” Landlords have the option to offer a rebuttal to a reviewer’s comments.

The site also allows students to find a large array of rental properties located near their college campuses.

With AAOA, landlords have resources at their fingertips. Check out our Landlord Forms page.

American Apartment Owners Association offers discounts on products and services for landlords related to your rental housing investment, including rental forms, tenant debt collection, tenant background checks, insurance and financing. Find out more at www.joinaaoa.org.