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Property management and rental companies are careful about choosing their tenants. Someone who is reliable and has a strong track record is typically selected as a renter. To ensure the best results, you should familiarize yourself with criteria they’ll check. Below, you’ll find everything they look at and ways you can improve your candidacy.

3 Factors Rental Companies Look for in Tenants

1. Identification Verification

Often, property management companies will want a valid ID or driver’s license and a copy of your Social Security card. If you don’t have these available, they may move on to another applicant. Make sure you have an updated state ID. Visit the Department of Motor Vehicles if you need a replacement and also ask about securing a new Social Security card if needed.

2. Credit and Income

property managementProperty management companies want to know you can financially support yourself and pay rent. An ideal tenant’s income is at least three times the monthly rent, so they’ll likely ask for proof of income. You can supply a pay stub or your tax filings. You’ll also want a strong credit history so they know you aren’t overwhelmed by debt. If your score is low—between 300 and 579—pay off as much debt as you can or show them steps you’re taking to eliminate debt.

3. Rental History

Landlords also look for a strong rental history. You’ll need to provide references—including previous landlords—so have their information on hand and let them know they’ll be receiving a call. If you’ve had past disputes with a landlord or were wrongfully accused of violations, be prepared to explain everything to the current property management company.

 

 

If you’re looking for rentals in the Elk Grove, CA, area, Realty Roundup Inc. has many listings you can explore. This property management company has managed over 2,000 properties and maintains a team of real estate brokers, managers, and support personnel. You can explore available options on their website or call (916) 685-6601 to discuss your rental needs.

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