- Can I offer less in rent or negotiate terms prior to applying?
- Can I offer less in rent other than what is advertised?
- How do I apply for one of the homes you manage?
- How do you handle maintenance requests?
- How long will it take to get an answer on our application being submitted?
- How much security deposit do you charge the resident?
- What are your office hours?
- What are your screening criteria?
- What happens if the resident does not pay their rent?
- What is your pet policy?
- What ways can I pay rent?
- When is my rent due?
- Additional Fees
Can I offer less in rent or negotiate terms prior to applying?
We get this request a lot and it leads all parties into a vicious circle. We can’t present an offer to rent for less than the advertised price because we require an application to present to the owner for review. But, the applicant wants an answer before submitting an application and paying the application fee. This is a no win situation for all and it puts all parties in an awkward position. The first question from an owner is “Who are these people? …… How many pets? How many kids? Credit score? Income? Length of lease?” Without all of the information in front of us and the owner, a decision can not be made regarding offers for less rent.
On a more personal, realistic level – when a resident is applying for a $2,000 home – do they really “need” a discount or are they simply that type of person who feels they have to negotiate for everything in this world. This also shows the owner that they may be the type of resident who will be difficult to deal with from the very start. In a case of sincere “need” – an owner is more apt to allow for a discount or some other concession. But, for the applicant making good money and wanting to rent an expensive home – the “need” for a discount goes out the window.
Keep in mind San Antonio is a very healthy rental market. If the application you submit offering less in rent is delayed in the effort to save yourself a few dollars a month, the next applicant offering full price will be approved causing the applicant offering less in rent to be denied. In this situation, no one wins as the applicant is out their application fee – the applicants have to go back out and seek another rental home – and we have to look like the bad guys in turning down a normally good application. This also causes frustration and bad feelings with the resident’s agent because they are making a very small commission in the efforts to locate your next home. Those frustrations are then aimed at us – putting us right back into that vicious circle where in the end…..no one wins.
Can I offer less in rent other than what is advertised?
How do I apply for one of the homes you manage?
How do you handle maintenance requests?
We ask that the residents submit all repair requests through the Property Meld for fastest response. Once a repair request is submitted, our Maintenance Department receives a notification. We have staff members in the office assigned to handle and be the point of contact for all maintenance issues.
For any after hours or immediate service requests – we have a 24 hour answering service that can be reached by calling our office phone line at (210) 497-8686. This is meant for emergency calls only.
How long will it take to get an answer on our application being submitted?
How much security deposit do you charge the resident?
Example: Rent = $1,500. Security Deposit = $2,250
Before execution of any lease agreement, Resident will pay a security deposit to RentWerx through Obligo by options made available through Obligo’s platform.
What are your office hours?
What are your screening criteria?
What happens if the resident does not pay their rent?
What is your pet policy?
What ways can I pay rent?
When is my rent due?
All rents are due to RentWerx on the 1st (first) of each month. Late fees posted starting midnight on the 5th (fifth) of each month. Our late fee policy is 12% of the month’s rent starting the 5th (fifth) of the month. In accordance with the lease agreement and the Texas Property Code – all payments made to the property manager will be credited in the following ways:
2) Any balances left after the fees are brought current can be applied to rent SECOND.
Example: $1,500 per month in rent.
Resident forgets to pay rent on time and pays on the 5th of the month. The total in late fees would be $180.
If the resident comes in to pay rent in certified funds and brings $1,500 – that payment applies FIRST to the late fees ($180.00) and SECOND to rent for $1,320.00.
This makes the rent still late and unpaid. Unpaid rent is grounds for eviction. All of this is in compliance with the Texas Property Code.