Easily Replace Option Choice in the Residential Rental Application

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How to Replace Option Choice in the Residential Rental Application

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Hows it going everyone Matt Leighton and welcome back to another video. Today were talking rental application mistakes. In this video, Im going to give you 7 mistakes to avoid when you apply for your rental property. This is mostly for applying to condos, townhouses, and houses that are owned by a private owner but could also be used for applying to apartments. So with that being said, lets get started. Number one is Negotiating before Applying. When I have a rental listing, I will get so many calls and emails that say something like - Is the property still available and is the owner flexible on the rent? Okay what? You havent even seen the place but you want me to ask the owner if theyll lower the rent? Will you be applying? Do you want to set up a visit? Can we see your application to make sure you dont have a credit score of 400? The time to negotiate is when you submit the application. THeres nothing wrong with negotiating. In fact, I almost encourage it depending on the ma

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What makes a landlord choose a tenant?

Monthly income at least 5 times higher than the rent youre charging. Good credit score. Steady history of employment, without regular upheaval. Complimentary references from previous landlords and current employer.

Is Oregon a landlord friendly state?

Oregon is the only state that has passed a statewide rent control law. If a state is landlord-friendly, it will not institute rent control.

Can landlords choose tenants in Oregon?

A landlord may deny any applicant or non-applicant tenant in ance with requirements of 30.01. 086 and all applicable federal, state, and local laws.

What are the landlord tenant laws in Oregon?

Oregon Rent Rules For week-to-week tenancies, landlords can raise the rent after giving seven days written notice. For all other tenancies, landlords cannot raise rent within the first year of a tenancy. After the first year of a tenancy, landlords must give 90 days written notice before raising the rent.

Do landlords get to choose tenants?

The priority for most landlords will be to find a long-term, reliable tenant who pays their rent on time and treats the property as their own. When choosing a tenant, youll need to carry out a comprehensive reference check.

What is the penalty for renting without a license in Philadelphia?

In Philadelphia, failure to have a license is a code violation, subject to a $300 daily fine.

What does source mean on a rental application?

Source of income is defined as legal, verifiable income paid directly to the tenant or his or. her representative (such as a payee).

What does it mean when it says screening status conditional?

Conditional indicates the credit score is being flagged for falling below average.

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Replace Option Choice in the Residential Rental Application