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How to Improve Your Rental Application

Agents estimate half of all rental applications are incomplete or incorrectly filled out!

Focusing on the aspects that are within your control, such as promptly supplying necessary documents, can enhance the likelihood of your approval. When evaluating potential tenants, property managers and landlords are primarily seeking three qualities: the ability to make rental payments, a history of consistently paying rent on time, and a trustworthy individual who will take good care of the property and not cause any damage. 

Refer to the following checklist to ensure that your rental application is complete and accurate:

-To get a head start on the rental application process, you can either download a copy of the application form from the property manager’s website or request that the landlord email it to you prior to your scheduled meeting. 

-Complete the necessary paperwork ahead of time and ensure that you have all the required information and documents ready for submission. Verify that all personal information, such as your name, contact details, and identification, is correct and up to date.

-Identification documents – bring along your social security card, passport, driver’s license, or other government-issued IDs

-Provide a minimum of 3 references that can vouch for your tenancy record and character. List your rental history, including your current and past addresses, rental periods, and landlord contact details.

-Bank statements – provide current bank records with a sufficient balance that will show you’re fully capable of meeting the rental payment requirement for a few months

-Provide employment and income details  – including your current job and salary, and any additional sources of income. Submit a certificate of employment that shows the company you’re currently employed in and provide last year’s tax record. 

-Provide information about any pets you may have, including their breed, size, and behavior.

-Disclose any criminal history or prior evictions, as failure to do so may result in a rejection.

Double-checking that all necessary information and documents have been provided can help ensure that your application is complete and increases the chances of a successful rental outcome.

Nonetheless, it’s essential to acknowledge that the landlord ultimately has the discretion to accept or reject your application. Your inadequate income, poor credit history, or questionable background may lead to a rejection.



We will review your applications as soon as possible.

 

-Mark

Real Property Management- Rio Grande

505-292-4765

rpmriogrande.com

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