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5 tips for a successful rental application

5 tips for a successful rental application

Follow these great tips for a successful application:  It’s a competitive market, and property managers don’t have time to be following up applicants for forgotten details, so make sure all your paperwork is accounted for and clearly outlined from the get-go.

Complete the application

 It should go without saying, but filling out a rental application in its entirety is a must.

Simply finishing the application puts you in good stead for rental property success.

Provide as many financial details as possible

For those who are self or unemployed, providing the details of your accountant, a bank statement showing savings, or references from a past employer.

For those who are out of work, an explanation as to why would help. You could be between contracts or jobs, sold a business and taking some time off, or recently made redundant from a current position

Property managers generally favour applicants who have been stably employed in the one job for at least two years.

Also ensure you’re applying for properties within your financial reach. Property managers look for tenants whose rental payments won’t exceed more than 35 per cent of their income.

Download Your Useful Checklist:   Tips for a Successful Application

Update your social media accounts

Savvy property managers will always look up potential tenants on social media to verify their details.

Also ensure you’re applying for properties within your financial reach. Property managers look for tenants whose rental payments won’t exceed more than 35 per cent of their income.

Be a responsible pet owner

Some landlords will flat out refuse pets in their properties due to past experiences, so find out if this is the case before applying.  Including a pet reference and photo of your pet in your application. While it may be tempting to lie about having a pet, this may jeopardise your relationship with the property manager, making it even more challenging to rent in the future.

Ask for feedback

If your application is unsuccessful, don’t be afraid to contact the property manager and ask for feedback on how you can improve next time.

Download Your Useful Checklist:   Tips for a Successful Application

 

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