Application Info

Do you like this house?

Here is our step by step application process

  • Schedule a showing and take a look at your new home – 505-604-8291 ext 102 – we do not rent site unseen
  • Go online and complete the application –www.rent505.com – application fee $35/adult – non refundable
  • For most of our properties 2.5x of monthly rent is the required qualifying income.
  • Call Trish -505-604-8291 ext 102 -to run your application and background check- criminal, credit and rental history check.

This can come back 3 ways- accept, conditional accept, or decline.

We have 4 straight declines – any evictions in the past 7 years, any money owed to any prior landlord (with no time limit), any violent felonies, and registered sex offenders.

With a conditional accept, we require last month’s rent.

  • If you passed the application process, you will need to provide income verification for the income you claimed on your application – 2 most recent pay stubs, offer letter, bank statement etc. – email it to Laura@my505home.com
  • Complete the Pet Screening on www.rent505.com – no pets – free, service animals – free, and household pets – $25 for the first pet and $20/pet for any additional pets.
  • We will be calling you to confirm all the information from your application – that way we make sure the information on your lease is correct.

Usual questions- Desired move in date, duration of the lease, residents, pets etc.

  • We will be sending out your lease via Docusign for review and signatures.
  • Upon signing your lease, the security deposit will be due immediately. – Cashier’s check, money order or rent money.
  • We prorate the rent from your desired move in date to the end of the month. If you are moving in after the 20th of the month, at your move in, we will be collecting the following month’s rent.

The amount collected at your move in will also have to be a cashier’s check, money order or rent money.

  • Please don’t forget to put all required utilities into your name. For you to be able to receive key, you will need to provide utility confirmation numbers.
  • During your application process, you will be receiving multiple emails from Absolute Property Management, including important information regarding your lease. Please read all documents and don’t hesitate to contact us with any questions.
  • Please make sure you – Log In – to your tenant portal, for easier rent payment and communication.

 

Welcome to Absolute Property Management!

661 Quantum Rd NE, Ste 11, Rio Rancho NM 87124

505-604-8291