The Power Is Now Magazine | April, 2022

Page 29

All you need to know about Rental Application Use These 5 Tips to Help Ace your Rental Application By Adriana Montes

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he real estate market is one of the highly competitive markets to invest in. In it, there are ‘sub-sects’ and one of these is the rental market that is continually becoming competitive and expensive all at the same time, and therefore, you need to show that you have all that it takes to make the perfect candidate, you want your application to be approved. I have been a real estate agent for more than ten years, and I have prepared these five tips to help your rental application go through. When it comes to the rental application process,

the first and perhaps most crucial step is to finally decide to settle into a new home finally. It means you are going for something you want, getting out of your comfort zone, and taking an initiative to change. However, the rental application process is not all that merry, and application rejection can happen. Rental application rejection can happen for several reasons. It could be as a result of your credit history or even lack of references, or perhaps like most of the first-time renters, you lack experience in rental applications. Whatever the reason, consider the following tips before submitting your next apartment application.

BE ORGANIZED One of the best ways to impress your landlord and to also ensure that the application process goes smoothly is the be as organized as possible. Beforehand, find out the documents that are required to complete your application. For a standard rental application, the main documents that you are required to have will usually include the last two years of your tax returns, a copy of your credit report, proof of employment, a copy of your bank statement, and a letter from your previous landlord. Nonetheless, these requirements will vary from state to state, and therefore it is essential first to find out all the documents you are required to have. APRIL 2022 | 29


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