Remove Apartment Remove Applicants Remove Rent
article thumbnail

The Importance of an Accurate Rental Application

American Apartment Owners Association

The importance of a thorough and accurate rental application cannot be overstated. As a careful landlord, you want to know as much as possible about anyone seeking to rent your property in order to avoid renting to the wrong person. It will help landlords and property managers make informed decisions about who to rent to.

article thumbnail

When Is The Best Time To Rent An Apartment?

Bay Property Management Group

Timing is everything when it comes to renting an apartment. Since rent prices typically rise and fall in predictable seasonal patterns, knowing the best time to find an apartment could save you money and unlock better options. So, when exactly is the best time to rent an apartment?

Apartment 147
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Do I Need to Get an Apartment? Here are Answers

Bay Property Management Group

Are you considering moving and thinking, “What do I need to get an apartment?” What Do You Need to Get an Apartment? Income Verification Another key requirement to rent an apartment is verifying that you have a sufficient income. As a rule of thumb, your gross income should be at least three times your rent.

Apartment 147
article thumbnail

A Comprehensive Guide for First-Time Apartment Hunters

Real Property Management Chicago

When considering renting your first apartment, it’s natural to feel both excited and nervous. You can make apartment hunting easier by planning key aspects in advance. By following these basic steps now, you could soon find and rent your first apartment like a pro. Compute the exact dollar amount.

Apartment 130
article thumbnail

Affordable Rentals Vanish: Sub-$1K Apartments Now Just 7.5% of Market

American Apartment Owners Association

An accelerating surge in apartment rents is tightening the squeeze on the most affordable segments of the U.S. Redfin attributed the decline in listings to a boom in asking rents after the pandemic, which led to rents stabilizing near their record highs soon after. rental market. is $1,634 per month. rental market.

Apartment 130
article thumbnail

How to Get Ready to Apply for Apartments and Other Rental Properties

Real Property Management Chicago

Maybe you’ve even found the perfect apartment, condo, duplex or rental home. Different landlords have different application requirements, but many are expecting very similar things from applicants before they sign a lease. Check Your Credit Reports This is the first step in any successful apartment search.

Apartment 130
article thumbnail

What Does ‘Prorated Rent’ Mean? What You Need To Know

Bay Property Management Group

Ideally, when someone rents out a home, they’d move in the following month. Luckily, when that happens, you don’t necessarily have to pay that entire month’s rent. In other words, the tenant could pay a prorated rent, an amount that reflects the number of days you’ve lived in the rental.

Rent 130