1) What qualifications must I meet to be considered?
Proof of income: Household income must be three times the amount of rent. Must have the security deposit and first month's rent readily available. Consent to credit and background checks. Clean rental history: No past evictions, evictions filed in court, negative rental history, etc. No exceptions.
2) How do I view the property?
All viewings are self showings. You can schedule a showing directly on this website on the "Schedule a Showing" tab or on Showmojo.com and search for the address you wish to view. You must have a valid drivers license to view our properties. Please return the key to the lockbox when you are finished. Please report any suspicious activity to LBD Properties immediately.
3) What is the application process?
First view the property that you would like to apply for. (Note: We cannot move forward with your application until you have seen the property.) Submit an application through our website at http://lbdprop.com. If accepted, you will be sent an email with a link for the credit and background checks. If approved you will receive an "Application Approved" email with the next steps of the rental process. We never ask for money before these steps have been taken and your application has been approved! Please beware of scams!
4) How much does it cost to complete an application?
There is a cost of $20.00 to submit an application. This is non refundable. No exceptions.
5) How much does it cost for the credit and background checks?
The cost for all three background checks is $32.00. This is done through TransUnion.
6) Can you hold the property for me?
While we do try to accommodate our prospective tenants the best we can, we are not able to hold a property for an extended length of time. So please apply about a month or less before you are ready to move. We will not hold any property for anyone until the security deposit is paid and a lease is signed. It will remain on the market and viewings will still proceed. No exceptions. We receive a lot of applications for our properties and cannot promise a property will be available when you are ready to move in. **Property is NOT considered off market until a lease is signed and deposit paid.**
7) Do I have to have first and last month's rent at the time of lease signing?
No. There is a security deposit equal to one month's rent. This will be paid when you sign your new rental lease agreement. Your first months rent will be prorated (if applicable) and due upon moving into your new home!
8) Do you accept Section 8?
We do accept Section 8 for select properties.
9) What are your rental history requirements?
We require FIVE (5) years of recent, and verifiable, rental history in excellent standing (home ownership will apply). Verifiable means we must receive documentation of your rental history from a current landlord, past landlord or property management company. An additional deposit and/or co-signer may be requested if no verifiable rental history. Any evictions, evictions filed in court, negative rental history or landlord actions against you evident on the credit report or background check will be grounds for automatic denial of the application - no matter what the reason is. This is not negotiable.