Tenant Application Process

While you want to maximise the potential of your investment property, it’s often challenging to find a good tenant. Plus, handling the tenant application process can be demanding, especially if you are a first-time investor. But don’t worry – My Money House is here to help.

As your property manager, we take care of everything from screening the tenant applications to outlining the tenant’s responsibilities. We help you make the most out of your investment property, ensuring you find suitable tenants.

What you can expect from us as your Property Manager?

When you hire My Money House as your manager, you can rest easy knowing your investment property is in good hands. Our services include:

• Zero tolerance rent control
• Ingoing inspection reports with photos kept on record
• Thorough periodic inspection – All areas of the property will be inspected
• Photos taken both internally and externally of the property upon inspection
• Maintenance attended to in a timely manner
• Our tenancy agreement has a, no smoking inside the premises clause
• Exceptional communication from us & expected from you in return

What Does My Money House Expect from Tenants?

My Money House screens every tenant application thoroughly. If you are a tenant, you can expect us to check your identity and income and help you understand the overall process or conditions set by the landlord.

It’s a straightforward process, where you have to fill out a tenant application form. After receiving your application, our team will review it and share the response with you.

Please Note:

We require a copy of your drivers licence and proof of income (Pay slip etc or allowing us to view your bank statement) prior to final approval of your application.

• If you are successful with your application; we will endeavour to contact you personally within 2 working days of receiving your application.
• If you are unsuccessful with your application, we will endeavour to contact you via text message or email within two working days of receiving your application.
• We cannot provide a reason why you have been unsuccessful as a final decision is made by the Landlord.

If you are successful with your application:

• A deposit of two weeks rent will be payable within 24 hours of the application being approved.
• A Bond of 4 or 6 weeks (depending on weekly rental amount) will be payable within 24 hours of the application being approved.

Responsibilities of a Tenant:

Being a tenant comes with responsibilities, which involve paying rent on time, respecting your neighbours, and fulfilling the obligations outlined in your agreement. While each landlord may set different conditions, typically the tenant’s responsibilities include:

• WATER USAGE -The following water costs will apply: (unless specifically agreed in accordance with your state legislation otherwise)
  • Quarterly water supply
  • All water usage as apportioned by SA Water or alternative water utility company.
  • All water costs will be calculated and adjusted on a daily basis for the duration of the tenancy.
    
    
• GARDEN MAINTENANCE – It is understood that the garden areas as well as the house, are the responsibility of the tenants. This includes the weeding, watering and general maintenance of both lawns and gardens.   Plants and or lawns damaged through tenancy neglect will be re-established at the tenant’s expense.
  
  
• VERBAL ACCEPTANCE AND LEASE SIGNING APPOINTMENT – We wish to highlight that under the Residential Tenancies Act verbal acceptance of a written application is binding upon both parties. Accordingly, the Landlord cannot withdraw their acceptance and the tenant is obligated to proceed. Please note that the agreement is voidable at the Landlord’s option if you fail to pay the bond by the due date.
  
  
• UTILITIES – The applicant(s) understands that should their application be approved it is their responsibility to advise the relevant authorities (i.e. Origin Energy, AGL, Telstra) of their commencement and departure date and make themselves available for any connections, new gas meter installation or final readings. The tenant(s) understand that the Agent is not responsible for the connection of their utilities or the installation of a new gas meter should the property you have applied for be a recently constructed property.
  
  
• PHONE, ADSL/NBN INTERNET ACCESS AND TV ANTENNA POINTS – The applicant(s) understand that My Property House Pty Ltd or the Landlord cannot guarantee that the property that you are applying for has an active phone line or ADSL/NBN connections or in an internet availability area. It is the applicant(s) responsibility to investigate the availability of such services to the property. The applicant(s) understand that they must not assume that a TV antenna is installed because there is a TV point inside the property, please ensure you specifically ask this question in writing.
  
  
• ELECTRONIC SERVICE OF DOCUMENTS – The applicant (s) acknowledges that the Agent/Landlord may send Notices via electronic means and acknowledges that this is a valid form of notice in writing.

Make Your Life Easy with Our Tenant Application Process

Our tenant application process makes life easy whether you are an owner or applicant. For owners, it eliminates the need to screen every application, complete paperwork, and communicate with the applicant. On the other hand, it helps applicants find a proper home quickly, understand tenant’s responsibilities, and set clear expectations. Our team can help you both reach your goals worry-free.

Contact us today to learn more about our tenant application process.