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Tips for Getting Approved for the House You Want
It is a difficult market for renters. It seems there are more people wanting to rent a house than there are Colorado Springs houses for rent. Since that is the case, the manager can be more selective, and you need to stand out from other prospective tenants in order to get the house you want.
As an aside, there are alternatives to renting. It is a good time to buy a house. You may want to apply for a loan and see what price range you qualify for. Or if your credit is poor, it would be a good idea to get it fixed.
Since the rental market isn’t that great for tenants, here are some tips from me, on how to get approved for the house you want. I also have some tips for what to if you only a partial deposit, and how to get your rent reduced.
How to Get the Landlord on Your Side
- Show up to your appointment on time. I can’t tell you how often I’ve made appointments with prospective tenants to look at a home for rent, and they don’t show up. Not only do they not show up, but they don’t bother to call and tell me they’re not showing up. So every time I have an appointment now, I have to worry about whether I’m wasting my time. If you want to make the manager think you’re a responsible tenant, call to confirm your appointment an hour or two ahead of time, and then actually show up on time.
- Dress up a little. It worries me when a tenant shows up in their Grateful Dead t-shirt and filthy jeans. It doesn’t convey the image of someone who is tidy and will take good care of my property. It conveys the image of someone who is dirty, and doesn’t care who knows it. You don’t have to wear a suit and tie, but if you really want to impress someone, you dress up a little.
- Show respect for others’ property. I had a lady who came to look at a house. She was smoking, and a few steps before she came in the door, she dropped her cigarette on the sidewalk, and smashed it with her foot. Great! Now I get to pick up a spent cigarette. Needless to say she was disqualified as a potential tenant in an instant.
What to Do If You Don’t Have the Whole Deposit
I realize that if you’re looking at a house for rent for $800 and an $800 deposit, that some renters just don’t have $1600 in the bank ready to go. But if someone followed the advice above, and was qualified in other ways, I’d jump at the chance to rent them a house, even if it meant accepting a partial deposit. However, some people aren’t like me, and no matter what, they won’t accept a partial deposit. If you’re in this position, ask the manager if they’ll accept a partial deposit over the phone when you call about the property. If they aren’t interested, don’t waste your time going to look at the property. Just call on the next house for rent.
How to Get Lower Rent
Here’s my secret trick for getting lower rent, either before you sign the lease or years down the road. ASK! If they say no, they say no—no harm done. However, they may take your offer. You just don’t know until you ask. And, if you have followed all of my advice above, I think you may find that you can get a lower rent. It’s been rare when anyone asks me for a lower rent. And if you look at it from my perspective, it’s not too far-fetched as to why I might accept an offer of lower rent. I have an interested renter who will pay $50/month less, or I might have to wait another month to find someone to pay full price. I’m better off taking the offer than possibly having to wait another month. A bird in the hand is worth two in the bush. So don’t hesitate to ask.