Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago on . Most recent reply

User Stats

10
Posts
8
Votes
Wenner Nunes
  • Other
  • Dunellen, NJ
8
Votes |
10
Posts

Rental Application - Missing Anything? Too Much?

Wenner Nunes
  • Other
  • Dunellen, NJ
Posted

Hello everyone,

I wanted to get your thoughts on the following rental application for a New Jersey property. This application covered most things - but I'm wondering if there's anything that was left out of if it's asking for too much information (i.e. credit card information / balances). I plan on also doing a credit check / background check after I receive the application back from prospective tenants.

Heres the link: http://www.nj.gov/treasury/dpmc/Assets/Files/Renta...

Also - do you guys usually charge application fees? Does a $25 fee seem sufficient?

Thanks for all the help!

Most Popular Reply

User Stats

464
Posts
311
Votes
Christopher Giannino
  • Real Estate Agent
  • Hamilton, NJ
311
Votes |
464
Posts
Christopher Giannino
  • Real Estate Agent
  • Hamilton, NJ
Replied

@Wenner Nunes

I would say that this is a pretty standard rental application.  I have heard of landlords including a basic questionnaire with their applications with questions like... How long do you expect to live here? How many vehicles do you own? etc.  It's really up to you though whether you feel like additional questions would help you screen better.

As for the application fees question, I think many landlords just charge the amount it will cost for the credit check.  Although it can be a revenue source, I think many landlords just charge an application fee so this way the potential tenant has enough skin in the game.  A lot of times, I see landlords advertise that the application fee will be applied either to 1st months rent or security deposit.   

Loading replies...