When you are applying for a property in the competitive rental market, you will definitely want to get approved. You may have several issues like pets or bad credit score. Still your rental application can get approved. Here are some tips from some experienced property managers that can be useful for you.
Plan before You Start Searching: You must be well organized before you start your hunt for 1 bedroom apartments for rent in san fransisco ca, or wherever it is you are moving to. Generally, the landlords will require your income proof, photo ID, and a processing fee for running your credit. If you are being moved to a new place due to your job, make sure you possess the proper offer letter from your employer. But in the case of self-employment, you can submit the tax return copy and the bank statements to show that you have a consistent income. The more you can keep yourself organized, the less effort will be required by the landlord. This will automatically keep your application ahead of others.
Financial Guarantor: If you have poor credit, you can secure a financial guarantor. Any family member or friend can become your financial guarantor. The guarantor or the co-signer will provide the guarantee to the landlord that if the rent is not paid by you, he will pay the rent. Just as the application of the tenant, the guarantor will also have to submit the documents to the landlord. If you can keep the documents ready in advance, you can save few days of time instead of wasting the time. If you cannot arrange a guarantor, you can pay few months’ rent in advance or can pay double the amount of your security deposit.
Cover Letter: To prove that you have a clear rental history, you can describe your introduction with a proper cover letter. You can share a little autobiography about yourself, stating the reason of your move. Never forget to mention your financial background and the reason of choosing the particular apartment. If there are any negative credit score, make sure to disclose them so that the landlord never gets a shock while running your credit. Your present landlord can write a short recommendation of your rental record so that you do not face issues with your new landlord.
Offer More Rent: You can offer more rent to the landlord if you have pets. The incentive for the pets will help the landlord to choose you instead of other non-pet applicants. Besides, you can also offer a pet deposit or a pet rent every month, so that your chance of eviction remains less. As money talks, you can also get away with a bad credit if you can offer more rent.
Proper Attitude: Your attitude will play a great role in getting your application approved by the landlord. You can go through a very stressful situation while going around for the apartment hunting. Providing your financial documents can also create some kind of anxiety within yourself that can turn into a bad attitude. You must ensure that you are friendly as well as polite towards the owner, the landlord or the leasing agent whoever is applicable in your case. Your pleasant attitude will surely provide a positive impact on your application directly.
You must remember that applying for an apartment is somewhat like applying for a job. Many interested applicants will apply for the same property. Just as a job interview, if you are really interested for the property, it will definitely show up in your attitude. Just by keeping yourself well-organized with a nice attitude can provide you the best opportunities for ending your search for the ideal apartment.
Author Bio: John Michael is a property manager. In this article, he is providing tips to keep a clean rental history and to get your rental application approved easily.
These are good tips. I know that it is important to show the right attitude and be organized.