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What Is a Co-Applicant in a Rental?

Bay Property Management Group

But then you see the word “co-applicant” on the form, and you’re wondering… what is a co-applicant? Main Takeaways What is a co-applicant? Having a co-applicant can boost approval odds shared income and stronger credit can help secure a rental, but missing payments affects both applicants.

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What Credit Score Do You Need To Rent An Aparment?

Bay Property Management Group

Now that we know what the definition of a credit score is, let’s now deal with what credit score you need to rent an apartment. When landlords see that you are dependable in other ways, they might consider your application anyway. So, they need to use your credit score to get a better idea of what your financial behavior is like.

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Finding the Perfect Multifamily Property

American Apartment Owners Association

Vacancy rates Before you purchase a multifamily property, be sure to investigate the current vacancy rate in the building and the surrounding area to assess tenant turnover and potential rental income stability.Multifamily homes by definition have multiple units and therefore, separate income sources.

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How Extensive Are Background Checks for Apartments?

Bay Property Management Group

Well, heres the thingtheres no federal law that says landlords have to run background checks on apartment applicants. Note, however, that laws can vary by your state and town, so you should check those for definitive information. Highlighting your responsible payment history, if applicable, can also do wonders to reassure landlords.

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HOA grants

Condo Control

Others are aware, but are intimidated by the application process. An application isnt something that can be completed in an hour or two. Moreover, there are conditions and rules that applicants must follow in order to receive the grant. Applying for grants Some HOAs dont know that they can apply for grants.

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What to do when the demand for condo/HOA parking and storage is high

Condo Control

This solution allows condos and HOAs to collect applications for paid community assets, send responses to residents, and even process payments online. Once a space or locker opens up, an admin can pull up the waitlist to see who is next, and invite them to submit an application through their Condo Control account.

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What Utilities Are Included in Rent: A Guide for Tenants

Bay Property Management Group

Gas (if applicable) Some apartments use gas for heating, cooking, or hot water. Disadvantages of Utilities-Included Rentals Having utilities bundled with rent is definitely convenient. Internet and Cable Since everyone has different preferences for speed, providers, and TV packages, these services are rarely included in the rent.

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