Second Chance Leasing 

Most common reasons for seeking a second chance property:

1. Owe back rent
2. Moved out without notice
3. Broke a lease without a cause or communication with property
4. Eviction under 3 years old 
5. Late or inconsistent rental payments 
6. Lack of credit
7. Bankruptcies
8. Foreclosure 
9. Negative credit marks 
10. Negative background
11. Lack of Credit
12. First Time Renter
13. High rental debt
14. Negative renttal history in another state
15. Rental debt owed to a former property- such as cleaning fees or damanges

Hi just an update on apartment locating during this pandemic. We are still open! Most properties are doing virtual tours and you can still apply online and be approved in your standard 48 hours so do not hesitate to send us your favorite 5 apartments for us to call today once you receive your free list! 

TOP 10 Second chance leasing Apartments Dallas Facts 2020

1. Pay debts off if you can. It will boost your chance of being approved by over 50 percent. If you can't pay it off, start a payment plan. Apartments love it and it makes them not feel at risk.

2. Except a higher deposit. Specials are not typical during second chance leasing. Higher deposits can reach one months rent sometimes.

3. Pay your rent on time once you secure a new lease. It will boost your credit and also you may not be required to lease at a second chance property when you leave.

4. Move in the winter months in order to save yourself money. A lot of time you can find cheaper rent and better specials during these times of the year because most people move in sure mmer and properties are trying to make money like other businesses during that time of year that typically struggle. 

5. Be sure to be honest on all applications. If properties find out there is more than one issue that was not mentioned they will keep your app fee and admin fee and sometimes even your deposit.

6. Know your credit score and whats on your credit before you apply. Its helpful for when we call apartments for you and when you go to speak to them in person. Properties will generally tell you if its a good idea to apply or not so you are not wasting money.

7. If you have more than one rental debt your list will be very short but its not impossible to get approved. They will more than likely charge you one months rent minimum. 

8. Recent evictions and open bankruptcies are nearly impossible to help. If you have one of these its best to rent from a private owner and get some good rental history and try to rent from an apt after one year of good rental history.

9. Always clean the apartment well before you move out. Properties love to tag cleaning fees on clients credit and the client will not know about them until years later once they try to move to a new property. Be sure get something in writing during your walk through that your cleaning was sufficient and there will not be a bill tacked on your credit to hinder you in the future.

10. Some properties will require you have good rental history once you try to apply for a second chance property. If you don't have good rental history from a property try to get a letter from a relative that you have been paying rent too. Especially if you have documentation showing that you paid them rent montly. It may help out a lot especially if you have other good payment history in other places on your credit report. 

Euless area unit w/2 Pools, Perimeter fence, 2 Laundry rooms, School bus stop, Play ground, W/D rental($40/mo)

Interior Amenities: W/D connections, W/D machines, Walk-in closets, Private patios/balconies, Cable ready, Hi-speed internet, High ceilings, Storage closet outside, Custom built-ins, Dishwashers, Garbage disposals, Fire places, Ceiling fans, Miniblinds, Frost free refrigerators

 

Bryan Williams @ Spirit

972-748-3705 Call/Text anytime 24/7. Email anytime 24/7 at bryanw85@gmail.com.

Fastest way to reach me is TEXT for a quick questionnaire. Free apartment locator, please email me for more listings. Second chance leasing apartments available

$926 / 2br - 75252ft2 - North Dallas 2/2$926 Pool, Fitness center (Far North Dallas) hide this posting

 

 

2BR / 1Ba 75252ft2 available now

 

cats are OK - purrr

dogs are OK - wooof

apartment

w/d hookups

carport

North Dallas 2 bedroom w/Fitness center, Pool, Free WiFi Areas, Gated entrance, Perimeter fence, Laundry room, School bus stop, W/D rental($45/mo), Carports, Bus stop

Interior Amenities: W/D connections, Walk-in closets, Private patios/balconies, Cable ready, Hi-speed internet, Ice makers, Premium Countertops, Self cleaning ovens, Dishwashers, Garbage disposals, Fire places, Ceiling fans, Miniblinds, Microwaves, Frost free refrigerators

 

Call/Text Bryan @ Spirit

972-748-3705

1. You need to make 3x the rent to qualify

2. There will be a higher deposit, you get your deposit back if you take care of the apartment.

3. You need to know your credit score and how much you owe any properties or utility companies, check your credit for free at Creditkarma.com before applying anywhere.

4. You may be asked to pay off your property debt before approval.

5. You may be required to have good rental history after your property debt.

6. You cannot have more than 2 property debts.

7. Evictions must be over 1 year old, Broken leases must be over 6 months old.

8. All second chance properties do not have the same criteria and are not guaranteed to approve you.

9.  Property balances under 1500 are highly likely to be approved.

10. Starting a payment plan on your property debt before you apply for an apt greatly increases your chances of being approved.

Bonus - Bankruptcy cases must be closed in order to be approved. 

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             TOP 10 Things to Know About the Current Texas Apartment Leasing Industry in Dallas/Houston 

1. Dallas' apartment occupancy rate is 92.5%. Houston's apartment occupancy rate is 91.2%

2. Number of apartment communities in Dallas is 2,751; whereas the number of communities in Houston is 2,554.

3. Average rental rate in Dallas is $902 per month; while the average rental rate in Houston is $923 per month.

4. Number of units under construction in Dallas is 70. Number of units under construction in Houston is 87.

5. The Dallas apartment rental market consists of 251 cities/towns. The Houston apartment rental market has slightly less cities/towns at 160.

6. The Dallas market has 59 colleges/universities and 1,422 Public schools. The Houston market has 54 colleges/universities and 1,201 public schools.

7.The hottest sub-market in Dallas is the Downtown area with a trending rental rate growth of 9% a year. The hottest sub-market in Houston is the Katy/Far Northwest Houston area with a rental rate growth of 6.3%.

8. The average unit size for a Dallas apartment is 868 sq ft. T, and the average unit size for Houston apartment is 876 sq ft.

9. Rental rate growth for the entire city of Dallas is 7%. Rental rate growth for the entire city of Houston is 8.9%.

10. Over the past 90 days, 146 apartment communities have changed management companies in Dallas. Over the past 90 days, 133 apartment communities have changed management companies in Houston. 

Sources ; Apartmentdata.com 

                            Top 10 reasons im the #1 Free Second chance Leasing Apt Locator in Dallas

1. I will fight for your approval. I will make sure the managers know your situation before you visit.

2. I have the experience. I have been in the real estate leasing industry for 10 years.

3. I am hard working. I will have your free apt list to you in less than 12 hours. Majority of lists will be sent within hours.

4. I have a great team that helps keep this business moving. We get the job done and get you moved into your new home.

5. My service is FREE. All we please ask is that you write down Bryan Williams @ Spirit on the application as your referral. The list and the time spent calling apartments is on the house!

6. Fast approval. I can have you approved generally within 48 hours if you apply the day after the apt list is received.

7. Fast response. If you call me and I cannot speak I will immediately text you at my earliest convenience and ask for your email to get the process started.

8. I know the staff well at all of the properties I work with. Using my service helps because they appreciate the clients I send them.

9. I'm dependable. If I can help you get an apartment I can help your family, friends and co workers get one too. If for any unfortunate situation I could not help you I will point you in the right direction to succeed.

10. Knowledgeable. I know the city inside and out. I stay up to date with the markets occupancy rates, trending areas, trending apartments, and access to the best apartment database in the state of Texas!

1. North Dallas, Tx/ Northeast Dallas,Tx

2. Irving,Tx

3. Arlington,Tx

4. Fort Worth,Tx

5.Mesquite, Tx

6. Garland,Tx

7. Duncanville Tx, Desoto, Tx, Cedar hill Tx  (Tri-South Region)

8. Plano,Tx

9. Hurst Tx, Euless Tx, Bedford Tx ( Mid-Cities Region)

                     Top 10 things you should know about Second chance Leasing in Dallas

1. There will more than likely be a higher deposit to cover the landlords risk of you leaving before the lease is up again.

2. If you fulfill the lease you will get back most if not all of that deposit if you take care of the apt.

3. Paying off a previous rental debt will better improve your chances of being approved.

4. If your rental debt or eviction is over 2 years old you will have a great chance of getting approved.

5. If you owe a property under 1500 dollars your chances of being approved are much higher.

6. Starting a payment plan your chances of being approved are significantly higher. 

7. Even if your broken lease or eviction is not on your credit yet landlords can still see your rental history through rental history database that all landlords report tenant history too every month.

8. Evictions generally need to be over a year old. Most properties do not take evictions from the same calendar year out of precaution. Privately owned properties on craigslist.org are a better option until the eviction is older.

9. Felonies cannot be violent or under 7 years old. Most property managements who work with Felonies all have the same guidelines. No crimes against people of any age, weapons charges, car burglaries, home invasions, battery of any type, assaults, lewd acts, sexual crimes or robberies are all prohibited.  These types of charges are for privately owned properties only which can be found on craigslist.org or other rental sites.

10. Bankruptcy and foreclosure are also in the second chance leasing family. These debts are approved on a case by case basis and generally are approved with a higher security deposit. 

Top 10 Reasons to get a Second chance Apartment in Dallas.

1. Reestablishing rental history at a second chance apt can boost credit scores.

2. Reestablishing rental history at a second chance apt can help you get into apartments easier in the future.

3. Reestablishing rental history at a second chance apt can lower your future deposit at your next apartment.

4. No need for a co signer most of the time.

5. If you payed a higher deposit to get the second chance apt you generally get that deposit back if you took care of the apt.

6. There are nice second chance properties despite contrary belief, there are several A and B properties that consider second chance leasing.

7. Second chance properties still offer first month rent specials to qualified tenants. There may be an extra security deposit ( which is refundable if you take care of the apt) but in some cases you can still qualify for 1st month discounted rent or look and lease specials.

8.You have immidiate shelter. Several of my clients are homeless or living in bad temporary situations that they need to get out of. Having a roof over your head is the ultimate peace of mind.

9. They will consider a past Broken lease, bankruptcy, foreclosure, bad credit or late rent payments to a previous apartment.

10. They will often times consider a past eviction if its only one and over 1 year old.

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Contact Bryan @ Spirit for more details 972-748-3705