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I Need A Ren…, Other/Just Looking in 76164

what are the requirements a person or persons need to rent a house?

Asked by I Need A Rental!, 76164 Tue Nov 9, 2010

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1. Application completely filled out with all previous addresses, landlord contact information, job history, phone numbers, etc.
2. Copy of last two pay stubs,
3. Copy of Drivers License
4. Ability and Willingness to pay.

That's the basics....some landlords or ownes may have additional requirements.

Bruce
Web Reference: http://www.teamlynn.com
0 votes Thank Flag Link Wed Nov 10, 2010
Bruce Lynn, Real Estate Pro in Coppell, TX
MVP'08
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A good realtor is the number one thing you need! Depending on the landlord's experiences they may simply go on instinct, I have a good friend who simply interviews potential tenants and then chooses one. She has only had one bad experience in many, many years of landlording, however she is an investigator by trade so... I also work with landlords, especially those who have had a bad experience, that want the 'whole nine yards' credit check, criminal background check, eviction history, employment verification, references both personal and from former landlords, security deposit, possibly an additional pet fee and the first month's rent in advance, (not to mention, in our area, they expect the tenant to pay the realtor's fee)!

Any of these may pose a problem for the tenant, with so many people losing their homes to foreclosure, credit score is not nearly as good an indicator of ability and willingness to pay in full and on time as it used to be. And, while there are many more potential tenants, they are looking more and more for bread and butter rental space. They are not nearly as willing as they were a few years ago to pay for 'extras'.


For this reason, many more landlords and tenants are choosing to work with realtors rather than to 'go it alone'. If any of the things I listed pose a potential problem for you, you would be well advised to work wth a realtor who has experience with the rental market. We know creative ways of getting around any issues that arise and helping both landlord and tenant to feel comfortable with one another.

Good Luck!
0 votes Thank Flag Link Tue Nov 9, 2010
As for the requirements needed-- they do vary by each individual landlord-- one could expect, a credit report, employment history, proof of funds, security deposit, background checks, etc.
0 votes Thank Flag Link Tue Nov 9, 2010
Like Kevin commented below, it all depends on the owner or the landlord. Some don't require anything but a good rental history and others require credit history, work & rental history. If you use a realtor, they will help you thru the process.

There are a ton of good rental houses out there. Good luck!

-Sonia Camp
Web Reference: http://www.SoniaCamp.com
0 votes Thank Flag Link Tue Nov 9, 2010
This is going to depend on the landlord or property management company for the most part. Most like to see a steady form of employment and/or income, rental history, and no evictions. You won't know the exact requirements until you talk with the landlord, some have stricter requirements than others.
0 votes Thank Flag Link Tue Nov 9, 2010
I represent many families searching to rent a home OR apartment locator we pay up to $500 cash back us our services for apartment finder

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0 votes Thank Flag Link Tue Nov 9, 2010
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