Rent
Are you looking to rent out your property?
Many people inquire whether I handle the rental of their investment properties, and my answer is yes. My approach is highly professional, and I am committed to providing you with the best assistance possible. I will guide you step by step throughout the entire process and assist you with the necessary documentation. We will ensure that everything is in perfect order, and you will be satisfied with the final result.
You can have full confidence in me to safeguard your investment and find the right tenant for your property.
Don’t hesitate to contact me right away!
Here's what you should know before looking for rental properties in New Jersey:
Finding a rental property in New Jersey can be a challenge, especially if you’re not familiar with the area. That’s why it’s always advisable to seek the assistance of a real estate professional who can guide you through the entire process, from start to finish. We’re here to answer any questions you may have and help you find a rental property that fits your budget.
It’s also crucial to have a precise idea of how much you’re willing to spend on rent each month. This will allow you to narrow your search down to properties within your price range. Keep in mind that the rental market in New Jersey is highly competitive, so you’ll need to act quickly when you find a place that interests you.
Lastly, make sure you have all your documents in order before starting the application process. This includes items like your identification, income verification, and references. Having all these documents ready in advance will increase your chances of getting approved for your desired rental.
By following these simple tips, you’ll be well on your way to finding the perfect rental home in New Jersey.
Steps to Succeed in Renting in New Jersey:
When you’re ready to rent in New Jersey, it’s advisable to meet with a professional real estate agent. Your agent can guide you through the often complex world of real estate and provide valuable information about neighborhoods, schools, and other key factors.
When determining your budget for rent, it’s crucial to consider the location. Prices in New Jersey can vary depending on the city chosen, the location, and the amount of space. Renting near universities, airports, and large companies or business centers could increase the cost of the property.
When searching for a rental home in New Jersey, it’s essential to have all the necessary documents ready to show the landlord. This will demonstrate that you are a responsible tenant capable of paying the rent.
When you’re ready to take the next step and visit properties, your real estate agent will contact the agents of the properties that interest you the most. It’s advisable to schedule these appointments well in advance, as some units may still be occupied by tenants. During your visits, maintain a professional and courteous demeanor with the agents. Ask all necessary questions and take note of any aspects that catch your attention, both positive and negative.
As a tenant, it’s crucial to submit a fair and competitive offer when applying for a lease agreement. Your real estate agent can assist you by conducting a comparative analysis, showing you recent rental prices for similar units in the community you’re interested in. This way, you can make an informed decision about how much to offer, ensuring that the landlord is satisfied with the agreement and that you secure a favorable deal.
What documents do I need to rent?
Credit record with a score above 620
Valid State ID
Demonstrate income of at least 3 times the value of the rent
Police record: no criminal record and/or eviction record for the last 3 years
Immigrants who do not have those requirements have two options; look for a relative or friend who rents a property knowing that they do not meet the conditions, or go to a rental community that receives foreign tenants charging only one month’s deposit (however, not all of them accept foreigners). You should bear in mind that having a bank account with sufficient funds can serve as collateral when it comes to proving income.
What is the difference between a rental community and condominiums?
An apartment rental community corresponds to a group of properties where the owner is a single person (person / persons / corporation) and rents the units through a management company, which may be its own or a third party.
A condominium corresponds to a group of properties, but for each of them there is an owner. A single person or corporation can of course have several properties. Among all the owners they select a condominium board and an administrative board.
This administrative board has a series of requirements to accept future tenants, which are usually the same that the owner asks for when renting.
How long are the contracts?
Leases are usually for twelve months, you can also get contracts month by month or for six months, but they increase the value of the monthly rent.
Investors like to have a contract that guarantees income for a long period, therefore, the longer the contract period, the cheaper the rent can be.
Are they pet friendly?
One of the aspects that can make rent more complicated is having a pet. Many condominiums and homeowners do not like their tenants to have animals, because if there is a fine, it falls on the property.
If in any case we want to keep our “best friend” it is important that he has the vaccination record up to date, as well as the identification tag. Some properties allow pets weighing up to 20 pounds that fit into the small or medium dog classification. Typically, the owner will ask for a non-refundable pet deposit ranging from $250 to $500.
Note: All of the above may vary if your pet has an emotional support or service certificate.
