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John Straub's Blog

By John Straub | Agent in Fort Worth, TX
  • All About Leasing

    Lately, I have seen a lot of questions about rental properties and thought it might be helpful to provide some general information for those of you out there that might be considering looking for a rental proporty.  The one point I want to make clear this is general information only, every property may have its own unique perameters you should consult a realtor for specifics on any property you intend to consider leasing.

    Time frames
    Most homes that come on the market for lease, go very quickly.  This is particularly true in highly desirable areas so you will need to move quickly. I see a lot of homes that lease in under 6 days  before you go look make sure you are ready to go.  This means have cash for deposits and be ready to move in the next 15-45 days.  Often homes still show as active while an application is processed, so make sure you know before you look or you may just be looking at someone else's home. From putting in application to signing the lease should not take more than a few days, this is not a long process at all.   
    Lease are typically 1 year terms.  Some Landlords might consider shorter terms, but this is rare and the cost will usually increase.

    Deposits and rent
    The listing will often show the deposits that you will be required to pay.  The most common are, the application fee, the security deposit, 1st months rent, and Pet deposits.  Check these carefully some properties require an application fee for each adult tennant and some require a pet deposit for each animal. Also know when your deposits will be due before you fill out an application.  Often many are due at the lease signing.  Rent may be negotiable, it never hurts to ask!

    Qualifying
    Every landlord will have their own set of conditions for qualifying applicants, often this involves a background and credit check.  Some landlords do ask for pay stubs or bank staments to verify income, so be prepared, Importantly, proof read the application that you are going to send in make sure it is correct, application fees are not usually refundable.

    People and Pets
    The landlord will only allow so many people on the lease and anyone not on the lease is considered a guest. Usually guests will only be allowed to stay for a certain number of days.  If you let people not on the lease live in the home beyond the number of days specified you could be subject to financial penalties or even eviction.  Whether or not pets are allowed and the number of pets will be in the listing information,  some landlords may require that they approve any pets that will be on the property.  

    Condition, Maintenance, and Utilities
    You and your agent can negotiate repairs at the time of the lease, after you move in it is important that you fill out a property condition form and send it to the landlord or their representitive within a few days! It is important that you have a clear understanding about ongoing maintenance of the home, such as yard maintenance and interior maintenance as well such as air filters, and clogged plumbing.  Utilities though usually paid by you may occasionally be paid by the landlord, so check!  Make sure you set utilites to start the day you move in or you may not have water or electric or gas! 


    Final Thoughts
    Leasing is a great way to check out a neighborhood or an area to see if this is where you want to purchase your home and live long term.  But go into your lease with your eyes open, and enlist the help of a realtor to work through the process with you.  Only you can pick the right home but the right support makes a world of difference as you go through the process.  

    About the Author
    John Straub is a REALTOR in Fort Worth.  He grew up in Southwest Fort Worth and has been in the Real Estate Industry and construction for the past 14 years.  Please feel free to contact at 817-729-4281 or john@dfwfamilyrealty.com.  
  • All About Leasing

    Posted Under: Home Buying in Arlington, Rental Basics in Arlington, Rentals in Arlington  |  June 18, 2012 2:53 PM  |  478 views  |  No comments
    Lately, I have seen a lot of questions about rental properties and thought it might be helpful to provide some general information for those of you out there that might be considering looking for a rental proporty.  The one point I want to make clear this is general information only, every property may have its own unique perameters you should consult a realtor for specifics on any property you intend to consider leasing.

    Time frames
    Most homes that come on the market for lease, go very quickly.  This is particularly true in highly desirable areas so you will need to move quickly. I see a lot of homes that lease in under 6 days  before you go look make sure you are ready to go.  This means have cash for deposits and be ready to move in the next 15-45 days.  Often homes still show as active while an application is processed, so make sure you know before you look or you may just be looking at someone else's home. From putting in application to signing the lease should not take more than a few days, this is not a long process at all.   
    Lease are typically 1 year terms.  Some Landlords might consider shorter terms, but this is rare and the cost will usually increase.

    Deposits and rent
    The listing will often show the deposits that you will be required to pay.  The most common are, the application fee, the security deposit, 1st months rent, and Pet deposits.  Check these carefully some properties require an application fee for each adult tennant and some require a pet deposit for each animal. Also know when your deposits will be due before you fill out an application.  Often many are due at the lease signing.  Rent may be negotiable, it never hurts to ask!

    Qualifying
    Every landlord will have their own set of conditions for qualifying applicants, often this involves a background and credit check.  Some landlords do ask for pay stubs or bank staments to verify income, so be prepared, Importantly, proof read the application that you are going to send in make sure it is correct, application fees are not usually refundable.

    People and Pets
    The landlord will only allow so many people on the lease and anyone not on the lease is considered a guest. Usually guests will only be allowed to stay for a certain number of days.  If you let people not on the lease live in the home beyond the number of days specified you could be subject to financial penalties or even eviction.  Whether or not pets are allowed and the number of pets will be in the listing information,  some landlords may require that they approve any pets that will be on the property.  

    Condition, Maintenance, and Utilities
    You and your agent can negotiate repairs at the time of the lease, after you move in it is important that you fill out a property condition form and send it to the landlord or their representitive within a few days! It is important that you have a clear understanding about ongoing maintenance of the home, such as yard maintenance and interior maintenance as well such as air filters, and clogged plumbing.  Utilities though usually paid by you may occasionally be paid by the landlord, so check!  Make sure you set utilites to start the day you move in or you may not have water or electric or gas! 


    Final Thoughts
    Leasing is a great way to check out a neighborhood or an area to see if this is where you want to purchase your home and live long term.  But go into your lease with your eyes open, and enlist the help of a realtor to work through the process with you.  Only you can pick the right home but the right support makes a world of difference as you go through the process.  

    About the Author
    John Straub is a REALTOR in Fort Worth.  He grew up in Southwest Fort Worth and has been in the Real Estate Industry and construction for the past 14 years.  Please feel free to contact at 817-729-4281 or john@dfwfamilyrealty.com.  
  • All About Leasing

    Posted Under: Home Buying in Keller, Rental Basics in Keller, Rentals in Keller  |  June 18, 2012 2:51 PM  |  459 views  |  No comments
    Lately, I have seen a lot of questions about rental properties and thought it might be helpful to provide some general information for those of you out there that might be considering looking for a rental proporty.  The one point I want to make clear this is general information only, every property may have its own unique perameters you should consult a realtor for specifics on any property you intend to consider leasing.

    Time frames
    Most homes that come on the market for lease, go very quickly.  This is particularly true in highly desirable areas so you will need to move quickly. I see a lot of homes that lease in under 6 days  before you go look make sure you are ready to go.  This means have cash for deposits and be ready to move in the next 15-45 days.  Often homes still show as active while an application is processed, so make sure you know before you look or you may just be looking at someone else's home. From putting in application to signing the lease should not take more than a few days, this is not a long process at all.   
    Lease are typically 1 year terms.  Some Landlords might consider shorter terms, but this is rare and the cost will usually increase.

    Deposits and rent
    The listing will often show the deposits that you will be required to pay.  The most common are, the application fee, the security deposit, 1st months rent, and Pet deposits.  Check these carefully some properties require an application fee for each adult tennant and some require a pet deposit for each animal. Also know when your deposits will be due before you fill out an application.  Often many are due at the lease signing.  Rent may be negotiable, it never hurts to ask!

    Qualifying
    Every landlord will have their own set of conditions for qualifying applicants, often this involves a background and credit check.  Some landlords do ask for pay stubs or bank staments to verify income, so be prepared, Importantly, proof read the application that you are going to send in make sure it is correct, application fees are not usually refundable.

    People and Pets
    The landlord will only allow so many people on the lease and anyone not on the lease is considered a guest. Usually guests will only be allowed to stay for a certain number of days.  If you let people not on the lease live in the home beyond the number of days specified you could be subject to financial penalties or even eviction.  Whether or not pets are allowed and the number of pets will be in the listing information,  some landlords may require that they approve any pets that will be on the property.  

    Condition, Maintenance, and Utilities
    You and your agent can negotiate repairs at the time of the lease, after you move in it is important that you fill out a property condition form and send it to the landlord or their representitive within a few days! It is important that you have a clear understanding about ongoing maintenance of the home, such as yard maintenance and interior maintenance as well such as air filters, and clogged plumbing.  Utilities though usually paid by you may occasionally be paid by the landlord, so check!  Make sure you set utilites to start the day you move in or you may not have water or electric or gas! 


    Final Thoughts
    Leasing is a great way to check out a neighborhood or an area to see if this is where you want to purchase your home and live long term.  But go into your lease with your eyes open, and enlist the help of a realtor to work through the process with you.  Only you can pick the right home but the right support makes a world of difference as you go through the process.  

    About the Author
    John Straub is a REALTOR in Fort Worth.  He grew up in Southwest Fort Worth and has been in the Real Estate Industry and construction for the past 14 years.  Please feel free to contact at 817-729-4281 or john@dfwfamilyrealty.com.  
  • All about leasing

    Posted Under: Home Buying in Fort Worth, Rental Basics in Fort Worth, Rentals in Fort Worth  |  June 18, 2012 2:50 PM  |  441 views  |  No comments
    Lately, I have seen a lot of questions about rental properties and thought it might be helpful to provide some general information for those of you out there that might be considering looking for a rental proporty.  The one point I want to make clear this is general information only, every property may have its own unique perameters you should consult a realtor for specifics on any property you intend to consider leasing.

    Time frames
    Most homes that come on the market for lease, go very quickly.  This is particularly true in highly desirable areas so you will need to move quickly. I see a lot of homes that lease in under 6 days  before you go look make sure you are ready to go.  This means have cash for deposits and be ready to move in the next 15-45 days.  Often homes still show as active while an application is processed, so make sure you know before you look or you may just be looking at someone else's home. From putting in application to signing the lease should not take more than a few days, this is not a long process at all.   
    Lease are typically 1 year terms.  Some Landlords might consider shorter terms, but this is rare and the cost will usually increase.

    Deposits and rent
    The listing will often show the deposits that you will be required to pay.  The most common are, the application fee, the security deposit, 1st months rent, and Pet deposits.  Check these carefully some properties require an application fee for each adult tennant and some require a pet deposit for each animal. Also know when your deposits will be due before you fill out an application.  Often many are due at the lease signing.  Rent may be negotiable, it never hurts to ask!

    Qualifying
    Every landlord will have their own set of conditions for qualifying applicants, often this involves a background and credit check.  Some landlords do ask for pay stubs or bank staments to verify income, so be prepared, Importantly, proof read the application that you are going to send in make sure it is correct, application fees are not usually refundable.

    People and Pets
    The landlord will only allow so many people on the lease and anyone not on the lease is considered a guest. Usually guests will only be allowed to stay for a certain number of days.  If you let people not on the lease live in the home beyond the number of days specified you could be subject to financial penalties or even eviction.  Whether or not pets are allowed and the number of pets will be in the listing information,  some landlords may require that they approve any pets that will be on the property.  

    Condition, Maintenance, and Utilities
    You and your agent can negotiate repairs at the time of the lease, after you move in it is important that you fill out a property condition form and send it to the landlord or their representitive within a few days! It is important that you have a clear understanding about ongoing maintenance of the home, such as yard maintenance and interior maintenance as well such as air filters, and clogged plumbing.  Utilities though usually paid by you may occasionally be paid by the landlord, so check!  Make sure you set utilites to start the day you move in or you may not have water or electric or gas! 


    Final Thoughts
    Leasing is a great way to check out a neighborhood or an area to see if this is where you want to purchase your home and live long term.  But go into your lease with your eyes open, and enlist the help of a realtor to work through the process with you.  Only you can pick the right home but the right support makes a world of difference as you go through the process.  

    About the Author
    John Straub is a REALTOR in Fort Worth.  He grew up in Southwest Fort Worth and has been in the Real Estate Industry and construction for the past 14 years.  Please feel free to contact at 817-729-4281 or john@dfwfamilyrealty.com.  
 
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