FAQ - Frequently Asked Questions & Answers
Question: "What if my credit is not so good & what are you looking for in a tenant or renter?"
Answer:
We do not look at the credit scores too hard in general..., as long as the applicant is not a Credit Bandit... someone who just never pays any bills. Low scores and a few explainable collections are not an issue normally. As a Property Management Company we represent different owners and so we have tailored our criteria in 5's.
The 5 things we are looking to avoid...;
1. Recent Evictions.
2. Serious criminal history.
3. Sex offenders class A&B.
4. People who cannot even pay 1st month rent & deposit.
5. People who do not keep their past or current rental clean inside and out.
The 5 things we like to see up front;
1. A job, or good verifiable source of income.
2. Non-smokers in most cases.
3. No pets in most but not all cases.
4. Two sources of income in a household, not required but nice to see as it adds to the dependability of rents being paid on time. 5.
The 5 things some owners do and some do not allow;
1. Section-8 or Welfare. 2. Poor credit. 3. dogs and/or cats. 4. Payments on the deposit to help tenant relocate easier.
5. Smokers.
The 5 most common causes for an Eviction;
1. Non payment of rent.
2. Suspicion of drug activity.
3. Failure to keep the rental clean or at least presentable.
4. Causing a continued disturbance or nuisance.
5. Allowing people to move in who are not on the lease, causing an overburdened use of the dwelling in terms of wear & tear.
The 5 things we like to see from tenants over time;
1. Rent paid on time (sound familiar?).
2. Keeping their place clean, inside and out (more important than people think).
3. No complaints from neighbors or police.
4. Happiness with the rental in general.
5. Good neighbor activities, such as part of a neighborhood watch or looking out for the welfare of neighbors by calling in suspicious activities.
In general, do not worry too much about your credit.
In short, do you have Evictions on your history? Are you or anyone living with you a convicted felon? Will you have the ability to pay?
Contact me with questions, I will give you answers. See Contact us link at left.
I hope this has helped.
Kind regards,
-Don