Property Management

How to Fill Out a Successful Rental Application


The way you fill out your rental application form tell a lot about your personality and can help you to get your desired rental property in a highly competitive market. Remember that you are not the only person eyeing that property and you need to make your application as pleasing as possible in order to get the attention of the property manager. Here are basic tips on how to fill out a successful rental application and increase the chances of getting your desired property.

1. Make Sure the Application Is Legible

It is very important to make your application as legible as possible. This is very crucial if you are sending a handwritten application. You need to make sure the application is in proper language and something that the rental manager you are writing to can read with ease. Remember that some rental managers get dozens of applications and they may not have all the day to read your application. A well-written and legible application can give the manager a positive impression about you, hence increasing the chances of you being considered for the property.

2. Make Sure You Have Filled the Application Completely

person-signing-documentIt is very important to make sure you have filled all the black spaces in the application form in a situation where the manager in charge of the property has issued a form to be filled. Every detail in the application form is very important to the manager supervising the property because it will help them to know more about you. You need to re-check the application and confirm that all the details are filled and nothing is omitted. You can even ask your friend to go through your application if you feel that something might be left out. The idea is to clear all the doubts before submitting the application. If you want to stand out as an applicant and get the rental property, read more at Schambs PM.

3. Reassure the Potential Landlord That You Are Financially Fit

Landlords are in the business of making money from their rentals and they would not mind some reassurance that the person renting their property is financially fit and will not have problems paying rent and other fees. You can mention in your application that you are ready to pay the rent, rental deposited and other fees that may arise.

4. Follow The Manager’s Policy and Never Question Them

Every rental management company has its rules that they expect their clients to respect. You can increase the chances getting the property you are applying for by following the policies of the manager in charge without too much questioning. If the manager is asking for some application fees, you should not question why he or she is doing so. Remember that you have no authority to teach the manager in charge of the property you want to rent how they should do their business. You need to be as humble as possible in your application.

5. Avoid Making Advanced Demands in Your Application

Property managers do not like tenants who are too demanding because they are likely to make their work difficult. You can increase your chances of being considered for the property you want to rent by avoiding making advanced demands in your application. After all, the assumption is that the reason as to why you are submitting your rental application is that you have assessed the property and you are satisfied with its condition.

Submitted by Raleigh Property Mangement Company:

Schambs Property Management

1157 Executive Circle Suite A, Cary, NC  27511

(919) 803 7789

Property Management Challenges In Albuquerque

The Albuquerque real estate market is growing and property owners are making good money from their investments. The once underwater market is gradually recovering and very soon it will catch up with the rest of the country. It is worth noting that more people are now willing to rentallive in the city of Vegas and the population is rising. Consequently, the demand for housing in the city is on the rise. It is also worth noting that a good number of the people living in the city cannot afford to buy homes and rely on rented housing for accommodation. This has also made property management in Albuquerque a booming business because many investors owning rental properties hire professional to take care of their investments.

Additionally, property renters are using local property managers to find houses to rent. However, it is worth noting that it is not a smooth ride for real estate managers operating in the city. In fact, property managers in the city go through some of the most difficult times in the country. If you are looking for a local property management company in the area, click here. Only consider companies that have a reputable track record.

The following are the common property management challenges that many real estate managers in Albuquerque face.

Top 7 Challenges of a Rental Manager


1. Competition Is Very High

The biggest challenge faced by many property managers in the city is high competition. The booming real estate market has attracted both local and non-local property managers and competition is on the rise. The once stagnant market with very few property managers is now the home for many real estate managers from different parts of the country. This means that those planning to venture into the business of managing properties in the city have to up their game and beat the rising competition. However, foreign property managers are gradually losing business to local property managers.

2. Real Estate Clients Have High Expectations

The real estate market in the city is reviving and clients (both tenants and landlords) have more expectations to be met than in the past decades. This means that those planning to venture into the business of planning of properties in the city have to work harder than before to meet the ever increasing demands of clients. Property management in the city has become more hectic and stressing that before.

3. Cases of Tenant Disputes Are Many

The majority of the people who rent properties in the city are visitors coming from different parts of the country and do not understand how the local real estate market works. This has resulted in an increase in the number of tenant disputes, giving property managers hard time to deliver quality services to their clients.

4. Vacancy Rates Are Still High

Just like in other cities in the country, property managers in Vegas make money from the rent they collect from tenants. Ordinarily, property managers in the city get a percentage of the monthly rent collected as their commission. Although the city real estate is growing, cases of vacancy rates are still high and property managers are unable to maximize management fees commissions.

5. Some Properties Are In Bad Condition

Another major challenge faced by property managers in the city of Vegas is that fact that some properties are still in the deplorable situation and not attractive to potential tenants. Some rental properties do not have good lighting, have dry pipes and some of them have stayed for many years without major repairs and renovations. It, therefore, becomes very expensive for property managers taking care of them to do repairs and renovations before listing them. The sad part is that there is no assurance of getting tenants even after doing costly repairs and renovations.

6. Excessive Modifications on Rented Houses

The increasing demand for rental properties in the city has made many landlords to make more modifications to their houses so that they can take in more tenants and make more money. Consequently, some of the once spacious rental houses in the city are not small and cannot accommodate even a small family. This has made it difficult for property managers operating in the city to meet the expectations and demands tenants and make sure they are satisfied.

7. Changing Rental Management Methods

The nature of property management is changing in many parts of the country and Albuquerque is not an exception. The traditional property management methods are fading away and online property management methods are taking over. For instance, many property managers are now doing their transactions online. This means that property managers who are not able to change to contemporary and modern management methods are finding it difficult to do business.

Reasons to use Property Management in Central Florida

Investing in a rental property is considered one of the wisest investment options. Now that the real estate industry is getting back on its feet after the global economic crisis, you are likely to reap good returns from your property. Owning a rental property could be a fancy idea but it comes with its own sets of responsibilities. Like most people, if you too have a busy lifestyle then these responsibilities will turn out to be a burden. If you want to own a property but you do not want to be hassled by the associated responsibilities then you could hire a property management company. Here are five good reasons to use property management in Central Florida

Leasing Consultants

Because they average large amounts of prospective tenants calling in every day to their office, they dispatch their leasing consultants who make an arrangement to show rental homes daily. Their leasing consultants are trained in the skill of helping prospective tenants and leasing properties.

This consistency in showing competence, coupled with specified training means results for their rental property owners, not to mention an incredible benefit in time and savings to their qualified tenants seeking quality homes.

Professional judgement

Regular Rental Property Inspections

If you have confidence in that an image is worth more than a thousand words, then Video Taped rental Property Inspections are just ideal reasons to use property management in Central Florida as the rental  manager of your residential property. Since they began adding videotape to their home inspections.They offer peace of mind to rental property owners who wish to protect their premises as well as their tenants who desire to ensure the refund of their security deposits.

Superior Tenant Screening

In choosing the right tenants for your residential property, they believe that an ounce of prevention is worth ten thousand pounds of cure. Property managers want to make sure that their property owners get the caliber of tenants they deserve. That’s why they utilize rigorous screening process on every tenant. This assures that you have less headaches to deal with over the course of owning your rental investment.

Computerized Accounting

Great property managers in Central Florida use the top rental management software in the real estate industry.

In most cases, they process rents the exact day they collect them. Their property owners obtain a highly detailed monthly statement every month indicating all rental disbursements and revnues. They also provide their rental property owners with an annual summary statement, to offer to their tax accountants. Their accounting system also permits them to carry monthly payments forward for their owners, such as homeowners association payments, mortgage payments, or any other monthly obligation recurrence. They make rental property management easy as possible for their clients.

Guaranteed Tenants!

While tenants may not exactly be guaranteed, Central Florida property managers are very careful as to whom they rent to. They are aware that a troubling tenant may provide financial loss and many stressful situations. As a result they use their customized screening processes to ensure you always have high quality tenants in place that won’t cause you to incur financial loss.

Often times, firm have a policy in place that any resident placed by their firm who damages their rental for any reason, in the first six months, they will waive their customary renting fee and re-rent the premises to new tenants.

Property managers hard at work

Do not hesitate to hire a property management company in Central Florida to manage your residential property. On the long run, you will certainly save a lot of money. You will be able to keep the tenancy-free periods to the minimum, which in itself should be reason enough to use a property management company. When you do choose to work with one make sure that you are picking a reputed service provider.

Article provided by Central Florida Property Management Company:

State Property Management LLC

2807 Sweet Plum Ct., Kissimmee, Florida, 34747