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Review the following tips to increase your chances of landing your dream rental unit: Preparation is key. ... Submit a great cover letter. ... Provide proof you can afford to pay. ... Furnish solid references. ... Obtain a financial guarantor. ... Be honest in your rental application. ... Review your social media.
Some renter warning signs are as obvious. Frequent evictions, a history of relevant crimes, and lack of income might stick out like an over-sized elephant wearing a red flag for a hat. However, not every potential threat is so easy to see.
?Source of income? is defined as legal, verifiable income paid directly to the tenant or his or. her representative (such as a payee). Some examples of income types are Social Security, Supplemental Security Income (SSI), AFDC or CalWorks, unemployment insurance, veteran's benefits, pensions, and wages.
A good tenant, one who pays their rent on time, stays employed, manages their debts and finance, meets the lease rules, avoids personal problems and clashes with neighbors, and takes care of the apartment of the condo or house they're renting, is the cornerstone of a successful rental business.
For bank statements: You may black-out all but the last few digits of the account number. We usually need only the 1st page, with your name, the bank's name, a few digits of the account number, the month, and the ending balance.