What Are Landlords Looking For In A Tenant

Dated: 01/18/2017

Views: 1607

Image title   What ARE Landlords Looking for in a Tenant?


1.     They want A tenant that has a job!  And most landlords and management companies require that your                income is at least 3X the rent.  So if the rent is $1000 a month, then you need to                       show that             you make at least $3000 a month. Of course, this can be combined income of applicants that are                        18 years and older.


2.           All applications must be filled out completely. Present yourself as someone reliable and responsible                 Don't leave out anything!  Ask where to find the application.  They will need an application for each                   adult over 18. (Fee varies) 

3.          They will require 2-3 months Pay Stubs for each tenant over 18. Copy of your Drivers licenses 

             And if you credit is low, Explain Why! Landlords are  typically more interested in your background                        checks and your payment habits ( # of "lates" on rent or credit cards (this will show up on the                                background check (which is required.)     Evictions are usually an immediate NO! 


4.          Write out and submit any written references you can. 


5.         Pets: It is BEST is you have none!  But some landlords allow 1-2 small dogs. And DO NOT try to sneak                   one in behind their back!  They will find out, and you could get evicted.


6.      Read the lease and be sure you are given a copy of a current Arizona Landlord Tenant Act.

            https://housing.az.gov/general-public/landlord-and-tenant-act  Please know your rights and the                       rights of  your landlord! It IS important!


7.      Be sure to get personal property Insurance. A landlord will not be responsible for your things if                            something happens.


8.       If  you lease a home that is in an HOA, ask what the rules are, FOLLOW them. You may think they are                    stupid,  ( like no weeds over 6 inches high) , but if a landlord gets fined, he will pass that fine over to                   you!


9.     IF YOU HAVE GOOD CREDIT AND GOOD INCOME AND SOME SAVINGS.....WHY PAY SOMEONE ElSE'S'

          MORTGAGE?  YOU MAY BE ABLE TO BUY A HOME! ASK A LENDER! 

                     THEY CAN EVEN HELP REPAIR YOUR CREDIT QUICKLY SO YOU CAN!


Call me for names of great lenders we at Epic Home Realty use and TRUST!


Julie Bridge, Associate Broker, Epic Home Realty  602-339-7187

Image title



Latest Blog Posts

4x As Many Renters Looking To Buy as Homeowners Are Looking To Sell

When you sell your home, you want to make sure you’re getting the best price for your property. The best way to do that is to sell when demand is high and supply is low. And if you look at

Read More

Pricing Myths Sellers Should Avoid

When it comes down to it, the most important advice a Realtor can give home sellers is how to price their home correctly. No matter how attractive or well-maintained a home may be, how many upgrades

Read More

HIDDEN HOMEOWNER COSTS

Budgeting for buying a home can be difficult enough when you’re just weighing mortgage options and a purchase price. But there are many other factors that go into the cost of home ownership. Some

Read More

Kitchen Decor HOW TO Stage

Once you've decided to put your home on the market, you're looking to sell quickly for the best possible price. One tactic that can help sell your home faster is staging. At first, staging may seem

Read More