Finding the Right Fit for an Advent Home
For over a decade Advent Property Management has been refining their application process to find financially responsible and clean tenants for our homes. Advent as a whole has done a great job, but we have had our setbacks and with each of these setbacks we make sure to refine our application process even more, so that mistakes of the past are not repeated. Now in 2017, it is obvious to us that the application process is getting more and more competitive.
In 2016, we had a hand full of homes that received over 100 leads and over 20 potential tenants were coming to see Advent homes. In a market like this, tenants have to make sure they are presenting themselves in the best way. Lackadaisically completing the applications, incomplete applications, unclear income sources, and even 700 credit scores are not getting tenants the homes they want to rent anymore. Tenants have to put together application packets that clearly articulate the reason they want to move into a home, their income sources, and why they are financial responsible regardless of what their credit score may or may not state.
Over the past year, I have began counseling with tenants looking for a new home (rental). I have even put together application packets for them and it is helping. With any application, property managers are looking for the following items:
- Credit score
- Verifiable income source
- Bank Statements (3 months is preferred)
- Tax Returns for the past 2 years if self-employed
If you are application challenged, meaning your credit score is less than a 650 then you need to provide these additional items (highly recommended that everyone does so as well):
- Bank statements showing rent being paid on time for an entire year
- A cover letter introducing your family or group to whomever is reviewing your application
- Pictures of your current home and car (hopefully clean)
- Picture of yourself
For some of you, you may not have time, English is not your first language, or this is not a skill you possess. If this is the case, I am offering this application packet service to you through, HOTT Homes. Please simply email or send me the above items/ information and I will draft an application packet for you for a fee. Following the creation of your packet, we will set up a 30 minute meeting to review your showing strategy so you are presenting yourself in the best light to potential landlords.
It is my hope that by using these Rental Hunting Strategies, we can all find our dream homes to live in.
If you are interested in learning more about my application packet service, please contact me at with your name and phone number, so we can chat via email or phone if you prefer.
inlandempireadvent@gmail.com
Monique H. Ott, HOTT Homes & Advent Property Management and Real Estate
2058 N. Mills Avenue, #223
Claremont, CA 91711