Place Property Management
APPLICATION CRITERIA
CRITERIA FOR APPLICANTS
- Must have a valid photo ID, drivers license, and SSN
- Monthly income must be at least three (3) times the monthly rent amount
- No record of bankruptcies, foreclosures, or judgements within the previous 5 years
- No record of landlord or utility collections
- Must have a credit history and a score of at least 500
- No more outstanding debt than $1,000 (student loans and medical bills not included)
- No felonies within the previous 10 years
- No misdemeanors within the previous 7 years (excluding traffic violations)
- No evictions within the previous 3 years
- No balance on past rentals over $100
CRITERIA FOR GUARANTORS
- Must have a valid photo ID, drivers license, and SSN
- Monthly income must be at least five (5) times the monthly rent amount
- No record of bankruptcies, foreclosures, or judgements within the previous 7 years
- Must have a credit history and a score of at least 700
- No more outstanding debt/past due balances than $1,000
- No more than 3 outstanding collections
- No previous landlord or utility collections