The rental application process is one of the first steps to renting an apartment. Here's our guide with everything you need to know about it.
1. How to get approved for an apartment as a first-time renter One of the biggest hurtles to get over when renting for the first time is displaying yourself as a reliable tenant without any prior renting experience. Typically, in the application process for an apartment, potential tenants int...
6. Perform tenant screening Checking the background of your future tenants is as useful as preparing your property for them. Many landlords handle this by having a rental application, a form that contains all the necessary data about your tenants. It is often one of the primary ways of secur...
Although renting a place sight unseen is a unique situation, you should still follow the same vetting process as any other prospective tenant. Keep in mind that landlords may choose to deny an application for legal reasons. Be sure to follow all the rules for the application process and don’...
When multiple people live in an apartment, the potential landlord will look at each tenant’s credit history. Before you decide for sure who will live in the apartment, all your potential roommates need to be transparent about their rental history, since rental and credit history could affect ...
Apartment complexes are privately-owned businesses, so each one typically has its own tenant approval process. However, the requirements tend to be pretty similar. You’ll usually need a reliable source of income, monthly gross income of at least three times the rent, renter’s insurance, and ...
Alease takeover,also known as a lease assignment, is different. The lease is assigned to a new renter, who must be approved by the landlord and have their finances and background checked. The original tenant is no longer responsible for rent or damages, and the new tenant gets an apartme...
The landlord’s and tenant’s names, addresses and contact information The rental term, the length of time you agree to stay in the apartment before ending your rental agreement The monthly rent amount The date you must pay rent Services, such as electricity or parking ...
If you’ve been a reliable tenant in the past, be sure to provide references from previous landlords who can vouch for your reliability and good behavior. If you’re a first-time renter, consider offering a larger security deposit or providing additional references to strengthen your application...
Whatever your plans are this Thanksgiving, don’t count yourself out if you truly want tohost in your small space. With a little creativity, some gracious guests, and a few helpful tips, you can have a Thanksgiving feast that everyone can enjoy....