Renu Property Management Qualifications
Renu Property Management Qualifications – Various factors will be taken into account when making a final decision as to whether your home or apartment qualifies for Deca.
Applicants must have a monthly NET income of at least 3 times the monthly rent and/or liquid assets to cover the rental payments.
Renu Property Management Qualifications
Applicants must have a credit score of 600 or higher. There are opportunities to qualify for real estate if your credit score drops below a 600 credit score by paying an additional upfront fee or getting a qualified co-signer.
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Applicants must have no felony convictions (violent or related to real estate) and/or any felony convictions for the illegal manufacture or distribution of a controlled substance within the past 7 years.
The guide below will help you determine if you are pre-qualified for a Deca rental house or apartment. An application must be submitted for Deca to determine your eligibility. We encourage all prospective residents to read the following rental criteria in full and contact our office with questions.
Your monthly NET income must be at least three (3) times the monthly rent to qualify for your Deca rental home or apartment. Assistance from agencies and housing subsidies is considered a source of income and will be valued at one and a half (1.5) times the monthly rent. You will need to provide proof of income.
If you have liquid assets that prove you can cover the rent payments you may be exempt from the income to rent ratio (proof of assets is required). If you have an existing mortgage, you must pay three (3) times the rent plus enough to cover the mortgage.
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A solid rental (or mortgage) history is essential to qualify for a Deca house or apartment. You will need to provide a rental reference within the last three (3) years confirming a minimum of one (1) year or more of valid verifiable rental history from a third party landlord. If you have no rental history or your rental history is shorter than 12 months and, assuming you meet all other requirements outlined here, a non-refundable rental history fee of $250 or *a qualified co-signer is required. Deca will contact your current and previous landlord to determine whether you have paid your rent on time, respected your lease terms and taken proper care of the applicable rental property.
If your rental history includes any of the following within three (3) years prior to submitting your application, you will NOT be eligible to rent from Deca Property Management. Landlord/Resident Actions, including but not limited to:
A negative rental or mortgage history from 3+ years ago will be taken into account and may make you ineligible. If your history includes any unsatisfactory landlord actions you are NOT entitled to rent from Deca.
Credit scores are an important decision-making tool that helps Deca Property Management predict how likely you are to pay your rent on time. There are opportunities to qualify for a unit if your credit score drops below 600 by paying an additional upfront fee or *getting a qualified co-signer.
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* A qualified co-signer must have a minimum credit score of 640 (if the credit score is 740 or higher, the credit fee will be waived) and must show that they have the ability to pay rent if necessary, in addition at their own expense. and financial obligations. Qualified co-signer requirements will be waived for Section 8 and other housing assistance agencies if they do not approve a co-signer (additional documentation may be requested). Co-signers are fully liable for the lease and assume the financial responsibility of the lease.
Deca seeks residents who will abide by the rules and respect their neighbors and their property. Deca will not rent to anyone who may be a danger to the life, property or safety of others, under any circumstances.
Deca will conduct a public records search through the Missouri CaseNet website, using your name and date of birth, to help us look for information about any criminal convictions.
If your history includes felony convictions (violent or related to real estate) and/or felony convictions for the illegal manufacture or distribution of a controlled substance within seven (7) years prior to submitting your application, you will NOT be eligible to rent. from Deca.
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If your history includes any of the following criminal convictions, regardless of when they occurred, you will NOT be entitled to rent from Deca:
All misconduct involving real estate or the safety of other residents shall be grounds for disqualification.
Many of our rental properties are in high demand. In some cases, multiple residence applications may already have been submitted when you submit your application. We cannot guarantee any unit, although it may be available when your application is submitted. Units are rented to the best qualified applicant (not based on the order received) and the deposit requirement is met. A deposit cannot be fulfilled until the rental application is approved and you have viewed the property.
Acceptable identification (Deca reserves the right to refuse any form of identification that does not fall under the following four types):
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Any falsification of information on the rental application, including non-disclosure of criminal records, is grounds for disqualification.
$60 per adult (anyone 18 years of age and older or an emancipated minor). $10 off your application fee if you apply online.
Apply online at decapropertymananagement.com and pay by credit card ($10 off your application fee if you apply online).
Apply in person at our office (9630 Gravois Rd St. Louis, MO 63123). We are open Monday-Friday 8:30-4:30. We accept money orders, personal checks, cashier’s checks or cash. We also have a drop box to the right of the front door if you want to drop it off after hours.
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Send your application by money order, personal check or cashier’s check to our office (9630 Gravois Rd St. Louis, MO 63123).
If you are an owner and are interested in learning more about how Deca Property Management can help you, contact us today! The team is happy to talk to you about what it’s like to partner with us.
If you’re a future resident looking for a rental property, send us a message and we’ll help you find your dream home!
Deca Property Management was founded in 1990 with the goal of providing quality property management services in and around the St. Louis area. The family-owned company saw a niche in the market and set out to be a different kind of company, one that put the needs of its owners and residents first.
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Marty is a licensed Broker-Officer with the Missouri Real Estate Commission. He has been licensed since 1989 and oversees Deca’s commercial management and sales operations division. Marty was born and raised in the St. Louis area. Louis and is most familiar with the southern areas of the county and the southern city. He graduated from the University of Missouri-Columbia with a Bachelor of Arts in Economics and Communications in 1988. Marty has been employed by Deca Realty since 1990. Marty is a charter member of the Property Management Section of the Missouri Association of Realtors. He is currently a member of the National Association of Residential Property Managers and working towards the designation as a Residential Management Professional.
Marty was a member of numerous civic groups and advisory boards. He served on the St. Louis County Cooperative Economic Development Board. Louis and on the Bay School District A Plus Program Board and has deep roots in his local parish. He is currently on the Board of Directors of the Affton Chamber of Commerce where he was past president, Businessman of the Year, Board Member of the year and spent many years on the Board of Directors and chaired several committees.
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This form is intended for Home Owners only, if you are a tenant with a maintenance issue please submit a maintenance request through the portal here.
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Call or text us at (555) 555-5555 during business hours. We guarantee a staff member will be on the other end to answer any questions you may have.
Angela Velazquez graduated from Saint Louis University in May 2003 with a Bachelor of Science in Business Administration, with a major in Marketing and a minor in Management. Angela has been with Deca since 2006 and has held various positions, including assistant property manager, property manager and maintenance manager. In her current position as manager of Deca’s maintenance department she is focused on improving communication between Deca and our owners and tenants. In addition, she is working hard every day to improve quality and reduce the amount of time it takes to complete work orders and make preparations. Her ultimate goal is to provide a high quality product, in a timely manner, at the lowest possible cost.
In addition to her work duties, Angela is involved with St. Mary’s Apartment Association. Louis, a
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