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Latest News

Aerial View of Homes in Black Diamond Wellington FL

If you have lived in or around the Wellington area you have likely driven past the impressive entrance to Black Diamond located on 441 just north of Forest Hill Blvd.  The gorgeous community with 475 single family homes is split up into 6 separate subdivisions and features 14 floorplans. Black Diamond is the newest community to be featured in our drone video series on Rent 1 Sale 1 Realty’s Youtube Channel!  Definitely head over to see the aerial video of the long and winding entrance, beautiful lakes and stunning amenities which include an impressive clubhouse with gym, game room, resort pool, playground and tennis courts. There are many homes for rent in Black Diamond as well as homes for sale.  Don’t miss your chance to see the stunning homes in this community. Our office is located directly across the street and we would love to show you around, give us a call at 561-469-7422 for more info!

Aerial View of Homes in Victoria Grove Royal Palm Beach

Victoria Groves is a sprawling property of over 600 homes right in the heart of the Wellington and Royal Palm Beach area.  The 24 hour man-gated community offers awesome amenities like a clubhouse with fitness center, walking trails, a beautiful pool and sun deck, playground, tennis courts, soccer field and a roller-hockey rink. Our brand new drone footage and photos of the community are definitely worth checking out on the Rent 1 Sale 1 Realty Youtube channel!  If you are considering living in this area or you already live in this area it is definitely worth seeing. There are many homes for rent in Victoria Groves as well as homes for sale and we would love to show you around! Our office is located directly across the street from the Victoria Groves entrance, please give us a call at 561-469-7422 so we can help you find the perfect home!

Aerial View of Homes in Olympia Wellington FL

Interested in the Wellington area for it’s family-friendly events, great shopping and restaurants or A-rated schools?  Then the community of Olympia should be on your must-see list for either homes for rent or homes for sale. We just launched brand new drone video on the Rent 1 Sale 1 Realty Youtube channel!  The well-known community of Olympia in Wellington is located on the corner of Forest Hill Blvd and State Road 7. Olympia has some of the best luxury amenities in the area like a Mediterranean styled clubhouse with fitness center, meeting rooms and a resort pool with private cabanas, volleyball courts and tennis courts.  Our office is located right around the corner from Olympia at 420 S State Road 7 Suite 100 so swing by and see us or call 561-469-7422 so we can help you find the perfect place to call home! Also don’t forget to check out our awesome videos being posted weekly to Youtube, we would appreciate your “Like and Subscribe”!

Aerial View of Homes in Lake Charleston Lake Worth FL

If you haven’t seen our brand new drone footage of the lovely Lake Charleston neighborhood in west Lake Worth please take a second to head over to our Rent 1 Sale 1 Realty Youtube channel and see for yourself!  Lake Charleston is comprised of gorgeous family friendly neighborhoods surrounded by A-rated schools like Manatee Elementary, Christa McAuliffe Middle and Park Vista High. There are many homes for rent and homes for sale in Lake Charleston. The surrounding area of west Lake Worth is growing by leaps and bounds with new communities and new retail /shopping being added all of the time.  This may be the perfect part of Palm Beach County for you to call home! Please give us a call at 561-469-7422 so we can chat about properties here that will suit your needs. Don’t forget to check out our awesome videos being posted weekly to Youtube, we would appreciate your “Like and Subscribe”!

Rent 1 Sale 1 Realty keeps track of all the Move in and Rent Specials

Tired of owners requesting first month’s rent, last month’s rent and 1 month security deposit to move in?  You’re not alone.  The number 1 question we get from renters now is how much properties cost to move in.

 

The good news is Rent 1 Sale 1 Realty offices keep track of all the apartments move in specials and rent specials.  Our team of realtors are in constant contact with the rental communities for these specials.

 

What are Move-In Specials and Rent Specials?
Move in specials are usually offered by apartment communities.  They consist of no last months’ rent up front and security deposits that are typically less than one month’s rent.  Some will often give ½ a month, 1 month or even 2 month’s free rent to entice renters.  These freebies may be offered up front or prorated over 12 months, thus reducing the rent to what we call a rent special.

 

What if I want a townhouse?
Some apartment communities are townhome communities.  They’re called apartments because of their form of ownership.  These also offer move in and rent specials that we track of course.

 

What if I want a condo or home?
Private owners tend to ask for first, last and security to move in.  However, the last month’s rent is negotiable as to when it’s paid.  It can be paid when it should, on the last month of the lease, or it can be split up over a number of months after moving in.  Typically its split over a three or four month period.

 

If you have any questions on move in costs or the best move in specials in your area feel free to call our staff at 561-469-7422 or 855-655-7171 or contact the Rent 1 Sale 1 Realty office nearest you.

 

Dan Gallien – President – Rent 1 Sale 1 Realty

Tired of first, last and security deposit? Rent 1 Sale 1 Realty keeps track of all the Move in Specials

Tired of owners requesting first month’s rent, last month’s rent and 1 month security deposit to move in?  You’re not alone.  The number 1 question we get from renters now is how much properties cost to move in.

The good news is Rent 1 Sale 1 Realty offices keep track of all the apartments move in specials and rent specials.  Our team of realtors are in constant contact with the rental communities for these specials.

 

What are Move-In Specials and Rent Specials?
Move in specials are usually offered by apartment communities.  They consist of no last months’ rent up front and security deposits that are typically less than one month’s rent.  Some will often give ½ a month, 1 month or even 2 month’s free rent to entice renters.  These freebies may be offered up front or prorated over 12 months, thus reducing the rent to what we call a rent special.

 

What if I want a townhouse?
Some apartment communities are townhome communities.  They’re called apartments because of their form of ownership.  These also offer move in and rent specials that we track of course.

 

What if I want a condo or home?
Private owners tend to ask for first, last and security to move in.  However, the last month’s rent is negotiable as to when it’s paid.  It can be paid when it should, on the last month of the lease, or it can be split up over a number of months after moving in.  Typically its split over a three or four month period.

 

If you have any questions on move in costs or the best move in specials in your area feel free to call our staff at 561-469-7422 or 855-655-7171 or contact the Rent 1 Sale 1 Realty office nearest you.

 

Dan Gallien – President – Rent 1 Sale 1 Realty

Verifiable income for rental properties info

Verifiable income for rental properties has become bigger than ever.

Property management companies and most apartment communities have always had policies in place for verifiable income.  Combined with the tightest rental market since Hurricane Andrew, these requirements are becoming stricter.  Property owners, management companies and apartment communities have more prospective renters to choose from so verifiable income plays a larger role in the selection process.

In addition, a small percentage of HOA’s (Home Owners Associations) have implemented income requirements.  Although these requirements are based on the amount of income a prospective renter must earn (ie: 3 times the monthly rent) they are usually strict as to how it if verified (ie:  paystubs, tax returns, etc.)

Your Income may be verifiable:  Some of our customers believe their income is not verifiable when it actually is.  Most will ask for recent paystubs, W-2’s, 1099’s or tax returns.  If you don’t have paystubs, W-2’s, 1099’s or tax returns, look to the following as means of verifying income:
1.  Copies of checks from the source of employment
2.  Bank statements showing consistent monthly deposit amounts
3.  A letter from your employer stating you earn a certain amount of cash on a regular basis.  This should be on company letterhead.  Notarized is a plus.  This is common in certain industries (ie: service industry, landscaping, etc.)
4.  A letter of new employment.  This is very common for people new to the area that haven’t started working yet.  This should be on letterhead with employer contact information so it can be verified.
5.  A letter or statement (notarized if possible) from a family member, ex-spouse, friend, etc. stating they provide support each month and the amount.

In lieu of income:  If you do earn income that is not verifiable other things may be taken into account to make an owner feel more secure about their decision:
1.  Extra move in money.  This is the most common.  Be prepared to pay first month’s rent, last month’s rent and a full month security deposit.  If the owner has an issue with the unverifiable income you can
offer one or more additional months rents up front.  Sometimes simply making the last month’s rent an
extra security deposit will help (ie: first month’s rent and 2 months security deposit).
2.  Savings, pensions, 401K’s, etc.  Customers may have enough savings as a financial cushion to cover several month’s rent.  This may help an owner feel more secure in taking you on as a renter.
3.  Guarantors or co-signors.  This is a worst case scenario for most people.  Not many are open to guaranteeing or co-signing for someone else’s lease.  But it is more than acceptable by landlords in most cases.

All sources of income:  Most renters don’t include all of their sources of income.  You should include social security income, child support, alimony, interest income, student financial aid, etc.

Sometimes the verifiable portion is a small percentage of the overall income.  If this is the case be sure to add this income even if it is unverifiable.  This could mean the difference between getting the property or not.

Product knowledge is more important than ever due to the varying stricter renter requirements.  We are hearing of renters losing hundreds of dollars in app fees when applying to different places.  Rent 1 Sale 1 Realty offices compile the requirements of management companies, HOA’s and apartment communities to help customers avoid such losses.  Feel free to call or visit the Rent 1 Sale 1 Realty office nearest you before searching or applying to a property for information on the renter requirements.

Dan Gallien – Rent 1 Sale 1 Realty President

When’s the best time to start looking for your next rental property?

As a renter you would think the optimum time to start searching for a new place to live is 30 to 45 days prior to your move date and I would agree with you.  Yes, responsible people like to know they have a place to live prior to giving a 30 day notice.  Most apartments complexes and even private  owners now are requiring a 60 day notice in their leases knowing the facts that I’m about to give.  They do this in hopes that you’ll just renew your lease so they don’t incur the costs of re-renting their property.

However, believe it or not, the optimum time to look for a rental property is between 3 to 4 weeks prior to your move date.  It’s true that most private property owners (owner of condos, townhomes and homes) don’t want to hold their property off the market for longer than 30 days.  They still have to pay their mortgage and expenses while not receiving rent.  We’ve had many owners turn down offers because of this.  If there are two similar offers on a rental property, the owner will usually chose the one that occupies the soonest.  Also, private property owners are also less likely to negotiate the rent.  They will hold firm on the price in hopes of a getting a stronger offer.

Apartment complexes have a set price.  It’s usually a first come, first serve policy so you don’t have to worry about competing offers.  However, we are seeing apartment complexes set higher rents for those looking 30 plus days prior to their move date.  Like the airline business, they’ll start to drop prices/rents and offer move in specials to occupy vacant units fast.  It’s very common for an apartment complex to offer a special if the renter occupies by say, that weekend.

Now, having said that, I still recommend getting an early start which is up to 6 weeks prior to your move date.  My realtors will hate me but I’ve always been against pessimistic realtors that blurt out “owners won’t hold a property off the market that long” and turn a renter in need away.  A good realtor should at least show you what’s available at that moment in time and should also be knowledgeable enough to give you a short term forecast of the rental market.

I hope this helps you on your next rental search.

Dan Gallien – President Rent 1 Sale 1 Realty Franchise

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