Transcript
THE NUDO TEAMis committed to providing the highest quality professional services to our clients. We adhere to a high code of ethics in which honesty, integrity, and a respect for fair dealing are the foundations of each transaction. When selling your home partner with a team of sharp real estate professionals and let us go to work for you!
Joe Nudo 773-580-0919
Karla Mina 312-498-8473
Dan Moore312-363-7361
RENTAL INFORMATION AND USEFULL FORMS
FOR MORE INFORMATION VISIT:
www.thenudoteam.com
RENTAL CHECKLIST
The Nudo Team….WHERE RESULTS MATTER!!!
Create a Tenant Selection Plan that is in compliance with Fair Housing Laws and The Chicago Residential Tenant Landlord Ordinance (RTLO).
Prepare Apartment to Rent Ready Condition.
Provide Annual Heating Cost to Applicant.
Provide summary of any building code violations to Applicant.
Provide Lead Based Paint Disclosure Flyer.
Have prospect fully complete & sign applications. (Obtain a copy of W2 Forms, Drivers License, Social Security Card, and Bank Statements)
Obtain payment and Provide a receipt for Security Deposit, so marked.
Obtain a Credit Report. (1 Felony History)
Verify Employment or Income Sources.
Perform Underwriting review.
Check with current & previous Landlord.
Perform other background checks.
Make your decision based on the above.
If application is rejected send letter stating and reason for same.
If approved send letter stating so.
Prepare a written Lease agreement (make sure it’s in compliance with RTLO).
Schedule Lease signing and orientation.
Do a walk-through with new tenant and complete move-in inspection form.
Sign Lease with tenant and collect balance due on security deposit and 1 st months rent.
Issue keys and tenant handbook (rules & regulations).
Move out fee schedule.
The Nudo Team…..WHERE RESULTS MATTER!!!
Disclosure of Information on Lead-Based Paint and/or Lead-Based Paint Hazards
Lead Warning Statement
Housing built before 1978 may contain lead-based paint. Lead from paint, paint chips, and dust can pose health hazards if not managed properly. Lead exposure is especially harmful to young children and pregnant women. Before renting pre-1978 housing. Lessors must disclose the presence of known lead-based paint and/or lead-based paint hazards in the dwelling. Lessees must also receive a federally approved pamphlet on lead poisoning prevention.
Lessors’s Disclosure
(a) Presence of lead-based paint and/or lead-based paint hazards (check (I) or (II) below):
(I)______ Know lead-based paint and/or lead-based paint hazards are present in the housing (explain).
_______________________________________________________________________________________________________
_______________________________________________________________________________________________________
(II)______ Lessor has no knowledge of lead-based paint and/or lead-based paint hazards in the housing.
(b) Records and reports are available to the lessor (check (I) or (II) below): (I)______ Lessor has provided the lessee with all available records and reports pertaining to lead-based paint hazards in the housing (list documents below).
_______________________________________________________________________________________________________ _______________________________________________________________________________________________________ (II)______ Lessor has no reports or records pertaining to leaf-based paint and/or lead-based paint hazards I the housing.
Lessee’s Acknowledgment (initial)
(c)______ Lessee has received copies of all information listed above.
(d)______ Lessee has received the pamphlet Protect Your Family from Lead in Your Home.
Agent’s Acknowledgment (initial)
(e)______ Agent has informed the lessor of the lessor’s obligations under 42 U.S.C. 4852(d) and is aware of his/her responsibilities to ensure compliance.
Certification of Accuracy
The following parties have reviewed the information above and certify, to the best of their knowledge, that the information they have provide
is True and accurate.
______________________________________________ _________________________________________________ Lessor Date Lessor Date
_______________________________________________ _________________________________________________ Lessor Date Lessor Date
_______________________________________________ _________________________________________________ Agent Date Agent Date
The Nudo Team…..WHERE RESULTS MATTER!!!
APARTMENT RENTAL APLICATIONTHE UNDERSIGNED HEREBY MAKES APPLICATION FOR AN APARTMENT AS INDICATED BELOW
Please Print
Full Name ________________________________________________________________________________________________________ Last First M.I SSI#
Full Address ______________________________________________________________________________________________________
Number Street City State Zip
Telephone #’s _____________________________________________________________________________________________________
Home Work Fax
Persons to reside in Apartment
1 2 3 4 5
Name __________________ __________________ __________________ __________________ __________________
Relationship to Head __________________ __________________ __________________ __________________ __________________
Date of Birth __________________ __________________ __________________ __________________ __________________
Sex __________________ __________________ __________________ __________________ __________________
Social Security # __________________ __________________ __________________ ___________________ __________________
Occupation __________________ __________________ __________________ ___________________ __________________
Residency History
How long have you lived at the current address? _____________________________________________________________________________
Do you? (check appropriate box) Own Rent Other (explain)
____________________________________________________________________________________________________________________
Current Landlord
_____________________________________________________________________________________________________
Name Address Telephone
Previous Landlord _____________________________________________________________________________________________________
Name Address Telephone
Previous Landlord _____________________________________________________________________________________________________
Name Address Telephone
Pet Information
Do you own a pet? (check appropriate box) Yes No If yes, type of pet and weight________________________________
Employment/ Income Information
Applicant:
____________________________________________________________________________________________________________________
Name of the employer Address of the employer Telephone
____________________________________________________________________________________________________________________
Position held Years on job Supervisor’s namePg. 1
The Nudo Team…..WHERE RESULTS MATTER!!!
Employment/ Income Information continued
Co-Applicant:
____________________________________________________________________________________________________________________
Name of the employer Address of the employer Telephone
____________________________________________________________________________________________________________________
Position held Years on job Supervisor’s nameApplicant (if employed for less than two years on the previous job):
____________________________________________________________________________________________________________________
Name of the employer Address of the employer Telephone
____________________________________________________________________________________________________________________
Position held Years on job Supervisor’s name
APARTMENT RENTAL APLICATIONTHE UNDERSIGNED HEREBY MAKES APPLICATION FOR AN APARTMENT AS INDICATED BELOW
Please Print
Pg. 2
Application Co-Application Other Other
Base Pay ________________________ ______________________ _________________________ _______________________
Overtime ________________________ ______________________ _________________________ _______________________
Commissions ________________________ ______________________ _________________________ _______________________
Tips ________________________ ______________________ _________________________ _______________________
Other ________________________ ______________________ _________________________ _______________________
Annual Income
(Include the gross amount of all salaries, fees, commissions, tips, overtime of other employment earnings)
Personal References
____________________________________________________________________________________________________________________
Name Address City Telephone
____________________________________________________________________________________________________________________
Name Address City Telephone
____________________________________________________________________________________________________________________
Name Address City Telephone Professional References
____________________________________________________________________________________________________________________
Name Address City Telephone
____________________________________________________________________________________________________________________
Name Address City Telephone
____________________________________________________________________________________________________________________
Name Address City Telephone
The Nudo Team…..WHERE RESULTS MATTER!!!
Pg. 3
APARTMENT RENTAL APLICATIONTHE UNDERSIGNED HEREBY MAKES APPLICATION FOR AN APARTMENT AS INDICATED BELOW
Please Print
Address of Apartment being applied for
Number Street Apt# City State Zip Rent Amount
A deposit in the Amount of $_______________ is made herein to be applied to the first month’s rent and the security deposit. This deposit will be held during the processing of this application. If the application is approved and accepted, then the applicant(s) agree to execute a written lease and pay the balance due on the first month’s rent and security deposit within ten (10) days after being notified. If the applicant(s) fail to execute the lease and make payments as aforesaid then the deposit will be retained as liquidated damages to cover the cost of processing this application. If this application is not approved and accepted, the deposit will be completely refunded.
In addition to the deposit, the sum $_______________ is hereby paid to cover the cost and expense of obtaining a credit report on the applicant(s): the sum is not refundable. Applicant(s) understand that the filling of the application dose not bind the Lessor to reserve or assign an apartment.
The undersigning applicant(s) has examined the statements made in this application and hereby certify that they are true, correct and complete and that all household income has been listed above. The statements are made to induce the Lessor to enter into a lease with the applicant(s) for the apartment listed above. I/We agree that inquiries may be made to verify the statements made in this application.
__________________________________________________________________________________________________________
Signature of Applicant Date __________________________________________________________________________________________________________ Signature of Applicant Date
The Nudo Team…..WHERE RESULTS MATTER!!!
AKNOWLEDGEMENT OF RECEIPT
The undersigned hereby acknowledges that on _______________, 20_____, that they received from _____________________,
in connection with the rental of dwelling unit located at __________________________________________________________,
the following document:
Security Deposit Receipt __________________________________________
Heating Cost Disclosure Statement __________________________________________
Protect Your Family Lead in Your Home brochure __________________________________________
Residential Landlord and Tenant Ordinance Summary __________________________________________
(Date) (Lessor)
(Address of Apartment)
(acknowledgement by Lessee)
(acknowledgement by Lessee)
(acknowledgement by Lessee)
(acknowledgement by Lessee)
The Nudo Team…..WHERE RESULTS MATTER!!!
VARIFICATION OF EMPLOYMENT
Name of Employer _______________________________________________________________________________________________
Address _______________________________________________________________________________________________________
RE: ________________________________________________ S.SN: ____________________________________________________ Applicant/ Tenant Name
_______________________________________________________________________________________________________________
Applicant/ Tenant Address City Sate Zip
The individual named Above has made application for housing. In order for the individual to become eligible we must verify employment and income. The individual has authorized n below the release of the requested information. The information you provide will be used only for the purpose of determining the individuals eligibility for housing. We require to complete our verification process in a short time period and will appreciate your prompt attention and response. A self-addressed envelop has been included for your convenience. If you have any questions please feel free to contact our offices.
__________________________________________________ _______________________________________________________
Name Telephone Number
Employment Authorization
I, ______________________________________________, hereby authorize ________________________________________________
Applicant Employer
to releaser the information requested below regarding my employment and compensation.
__________________________________________________________________ _______________________________________
Signature Date
TO BE COMPLETEED BY EMPLOYER
Date of Employment _________________________________ Position/ Occupation ___________________________________________
Date of Termination (if applicable) _________________________________________
Current Rate of Regular Pay $___________________________________ per __________________________ (hour, week, month, etc.)
Current Rate of Overtime Pay $ _________________________________ per ___________________________ (hour, week, month, etc.)
Number of hours/week employee normally works _________________________________________________________________________
Anticipated average earning of overtime per week $ _______________________________________________________________________
Pg. 1
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VARIFICATION OF EMPLOYMENT
Gross annual earnings you anticipate for this employee for the next twelve months $ _____________________________________________
Gross annual included all tips, bonuses, overtime, commissions, etc. $ ________________________________________________________
Do you anticipate any changes in the employee’s rate in the near future? Yes_____________________ No ________________________
If Yes: New Rate $ ___________________________ Effective Date _________________________
If the employee’s work is seasonal or sporadic, indicate lay-off periods. ________________________________________________________
Additional Comments _______________________________________________________________________________________________
__________________________________________________________________________________________________________________
__________________________________________________________________________________________________________________
Employer Certification
I certify that the above information is true and correct:
______________________________________________________________________
______________________________________
Name Title
______________________________________________________________________
______________________________________
Address Telephone Number
______________________________________________________________________
______________________________________
Signature Date
PLEASE RETURN THIS FORM TO:
_______________________________________________________________________________________________________
_______________________________________________________________________________________________________
_______________________________________________________________________________________________________
_______________________________________________________________________________________________________
The Nudo Team…..WHERE RESULTS MATTER!!!
Current or Previous Land lord Verification
TO: ____________________________________________________________ DATE: _________________________________________
current or previous landlord
_____________________________________________________________________________________________________________
street address
_____________________________________________________________________________________________________________
city, state, zip
Applicant’s Authorization
To Whom it May Concern:
I hereby authorize you to provide information regarding my length of residency, rental payments history and any lease agreement infractions to the landlord named below.
I would appreciate your immediate attention to this request so that my application can be processed in a timely manner.
Sincerely,
__________________________________________________________________ ___________________________________________
Applicant[‘] s Signature Date
Dear Landlord:
The above named application has made application for residency. As part of our routine background check we ask for the cooperation of current and previous landlords to provide information UPON [[ from]] which we will base, in part, our decision on the suitability of the applicant for housing.
Any information that you provide will remain confidential.
Sincerely,
_________________________________________________________________________________________________________________
Owner/ Manager
How much is (was) the tenant’s rent? ___________________________________
Does (did) the tenant pay their rent on time? Yes ___________ No ___________
If no, how often is (was) the rent late? __________________________________
Did you ever have to file a suit to collect rent? Yes __________ No __________ Pg. 1
The Nudo Team…..WHERE RESULTS MATTER!!!
Pg. 2
Current or Previous Land lord Verification
Dose (did) anyone else live in the apartment? Yes ___________ No ___________ If yes, how many people? ___________
What where their names? __________________________________________________________________________________________
How long has (was) the tenant at this address? Move-in ______________________ Move-out _______________________
How Did the tenant keep house? Good ___________ Fair ___________ Poor ___________
Dose (did) the tenant play loud music or throw loud parties? Yes ___________ No ___________
Dose (did) the tenants children cause damage or disturbances? Yes __________ No ___________
Are there any other problems, complaints, comments, or issues you think we should be aware of?
________________________________________________________________________________________________________________
________________________________________________________________________________________________________________
________________________________________________________________________________________________________________
Based on your experience with the tenant would you rent to them again? Yes ___________ No ___________
If no please comment as to why. ______________________________________________________________________________________
_________________________________________________________________________________________________________________
Please mail or fax the completed form to __________________________________________________
__________________________________________________
__________________________________________________
__________________________________________________
The Nudo Team…..WHERE RESULTS MATTER!!!
UNDERWRITING WORKSHEET
Applicant: __________________________________________ Unit Address
_______________________________________
Rent (1) $ ____________________ Utilities (2) $ _____________________ Parking (3) $ _______________________
Monthly Housing Cost (TMH) (1+2+3) = $ _______________________ (4)
Income : Source of Income:
Principal Wage Earner $ ______________________________ (5) __________________________________________
Spouse $ ______________________________ (6) __________________________________________
Other Income $ ______________________________ (7) __________________________________________
Other Income $ ______________________________ (8) __________________________________________
Total Monthly Income (TMI) (5+6+7+8) = $ ____________________________ (9)
Long-Term Obligations (LTO) (installment payments which will continue for 3 months or more)
Payee Monthly Amount Balance Owed
____________________________________ $ __________________________ (10) __________________________
____________________________________ $ __________________________ (11) __________________________
____________________________________ $ __________________________ (12) __________________________
____________________________________ $ __________________________ (13) __________________________
____________________________________ $ __________________________ (14) ___________________________
Total Long-Term Obligations (LTO) (10+11+12+13+14) = $ ______________________________ (15)
Ratios:
(a) TMH (4) / TMI (9) = ____________ % Housing expenses to income ratio 25% - 35% is the desirable range.
(b) TMH (4) + LOT (15) / TMI (9) = ____________ % 40% - 45% is a desirable range.
The Nudo Team…..WHERE RESULTS MATTER!!!
REJECTION NOTICE
DATE: _____________________________________
NAME: __________________________________________________________________________________________________
ADDRESS: _______________________________________________________________________________________________
CITY/ STATE / ZIP: ________________________________________________________________________________________
RE: APPLICATION FOR AN APARTMENT AT YOUR APARTMENT
Dear Mr./ Ms.: _____________________________________________________________________________________________
Thank you for your recent application for a __________ bedroom apartment at_________________________________________ .
After careful consideration and review of your application, we regret that we are unable to accept your application for tenancy at this
time for the following reason (s) marked with an (X) below:
( ) Your house hold size cannot be accommodated at _______________________________________________________________
( ) We have received a consumer credit report from ___________________________________________ a usually reliable credit
reporting agency, which contained negative information. You may contact the credit reporting agency directly within 30 days to
obtain the information supplied with us.
( ) Based upon our underwriting policies, the income of your household is insufficient after allowing for long-term obligations,
to pay the rent and utilities for the apartment you applied for.
( ) We were unable to verify employment or a stable source of income.
( ) Your check for the credit report fee was returned to us by your bank marked “Insufficient Funds” or
________________________________________________________________________________________________________
( ) The information given us in your application is different from what we have gathered from reliable sources.
( ) The housekeeping report on your current apartment indicated a condition of unsanitary or hazardous housekeeping.
( ) A person who will be living with you, has a reputation for criminal conviction or criminal acts which we feel would adversely
affect the reputation of the building or the health, safety, or welfare of other residents.
( ) _______________________________________________________________________________________________________
Sincerely,
Manager/ Owner
The Nudo Team…..WHERE RESULTS MATTER!!!
ACCEPTANCE NOTICE
DATE: _____________________________________
NAME: __________________________________________________________________________________________________
ADDRESS: _______________________________________________________________________________________________
CITY/ STATE / ZIP: ________________________________________________________________________________________
RE: YOUR APARTMENT
Dear Mr./ Ms.: _____________________________________________________________________________________________
After careful consideration and review of your application and other rent selection criteria, you have been accepted for occupancy at
Your Apartment. Your __________ bedroom apartment will be available on ________________________ . Please contact our
management office at (312) 555-1234 to make an appointment to sign your Lease Agreement and complete all other necessary paper
work.
We look forward to your being an occupant at Your Apartment.
Sincerely,
Manager/ Owner
THE NUDO TEAMis committed to providing the highest quality professional services to our clients. We adhere to a high code of ethics in which honesty, integrity, and a respect for fair dealing are the foundations of each transaction. When selling your home partner with a team of sharp real estate professionals and let us go to work for you!
Joe Nudo 773-580-0919
Karla Mina 312-498-8473
Dan Moore312-363-7361
John Kresser773-396-9511
INVESTMENT?
FOR MORE INFORMATION VISIT:
www.thenudoteam.com
The Nudo Team…..WHERE RESULTS MATTER!!!
Retirement Funds VS. Real Estate
5% Initial Investment $10,000.00 $100,000.00
Year 1 $10,500.00 $105,000.00
Year 2 $11,025.00 $110,250.00
Year 3 $11,576.25 $115,762.50
Year 4 $12,155.06 $121,550.63
Year 5 $12,762.82 $127,628.16
Year 6 $13,400.96 $134,009.56
Year 7 $14,071.00 $140,710.04
Year 8 $14,774.55 $147,745.54
Year 9 $15,513.28 $155,132.82
Year 10 $16,288.95 $162,889.46
10 Year Growth $6,288.95 $62,889.46
Real Estate 10 Year Growth $62,889.46
Plus Mortgage Paydown $14,186.73
Total Earnings $77,076.19
Profit Difference $70,787.24
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