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Ric Taylor, Renter in Dallas, TX

What are the rental qualifications?

Asked by Ric Taylor, Dallas, TX Sun Apr 11, 2010

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This question is about this property: http://www.trulia.com/rental/photos/3007676228--Ebony-St-Los…

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5
Hi ric,

It's pretty standard info that is requested: Lease Application, Fico Scores (within the past 60 days), Most recent 2 paycheck stubs, Copy of Driver's License, and of course the 1 month's rent and the deposit cashier's check if credit is good. All references and employment will be verified on application. And if everything pans out well, you should have no trouble getting that Key...Hope this helps if any questions please call me @ 323-572-8500
0 votes Thank Flag Link Mon Apr 12, 2010
Hi Ric,

I work with many investors and take care of their investment lease properties. The below items are the general items that we request from prospect tenants.

1. C.A.R. Month to Month Lease Applicant
- Each person over age of 18 needs to fill out an application.
2. Fico Scores (Within the past 60 days)
3. Most recent 2 paycheck stubs
4. Copy of Driver's License

Upon receiving the above information, I will then verify residence and work history based on the information provided. This is usually the first step.
0 votes Thank Flag Link Mon Apr 12, 2010
Hello Ric,

Perhaps the most imortant piece of information th elandlord will use is your credit score. Past evictions and erratic bill paying frighten landlords. If you have a poor credit history, you can offer to pay as many months as you can in advance. These days, renters have a lot of einventory and rents are going down so landlords might be somewhat forgiving if you have good references and can show you have steady employment.

Good luck!

Lynn LeGlaire
Keller Williams Realy
323-219-4480
email: lynnleglaire@kw.com
http://www.lynnleglaire.com
http://www.activerain.com/lynnlegaire
0 votes Thank Flag Link Sun Apr 11, 2010
Hi Ric,
In a competitive rental market, landlords appreciate the following:
1. Longer lease agreements. The more often they must lease a property, the more costly t is to them. Offer a two year lease, or even three if you can.
2. Rent paid in advance. If you have it, offer 3 or even 6 months rent paid up front.
3. A letter from your current landlord. It carries a lot of weight.
4. A reference from your employer.
Best of luck,
Deborah Bremner
REALTOR, 00588885
Certified Short Sale Professional
Certified Home Retention Specialist
(D) 818.564.6591
TheBremnerGroup@gmail.com
Blogging at: http://TheBremnerGroup.com/blog
0 votes Thank Flag Link Sun Apr 11, 2010
To rent you will have to fill out a general application with references and income information. Usually to suplement this you will need to provide documentation of income as well for 6-12 months. Also you will have your credit report run, as you may imagine, and that will probably give the biggest impression to landlords.
0 votes Thank Flag Link Sun Apr 11, 2010
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