Tenant Information Center

Frequently Asked Questions for Tenants

Will you pick up my rent each month?

No, All payments must be electronically submitted through your online tenant portal.

What are the important criteria used to qualify for renting a home?

Since we manage homes for hundreds of different homeowners, each homeowner may have a somewhat different standard for tenant selection. Generally, owners consider the following factors:

  • Satisfactory credit history
  • Monthly income about three times the monthly rental amount
  • No outstanding judgments
  • No recent rental evictions
  • Established history of credit since a past bankruptcy
  • Employment verification
  • Criminal record check
  • Present and former landlord references

All properties are offered subject to the Federal Fair Housing Act which makes it illegal to advertise any preference, limitation, or discrimination based on race, color, religion, sex, country of national origin, handicap, or familial status.

When is my rent due?

All rental payments are due on the 1st of each month. Your rent must be received by the 4th of each month.

Do I have to have good credit to rent with Obara IRA?

No, our application process is not credit driven. However, you will have to meet the criteria listed above.

What forms of payment do you accept for my rent?

Acceptable forms of payment for monthly rent are ACH check, Paypal or Credit Card. Obara IRA Group reserves the right to require certified funds if you exceed one NSF in any 15-month period.

How much does it cost to use our services?

There is no charge for our leasing staff to help you to find a home. If you decide to submit an application to rent one of our properties, there is a $35 charge for the credit and application background check.

What are the criteria to rent with Obara IRA?

  • You need to earn 3 times the monthly rental rate. (Copies of check stubs, unemployment benefits, social security or state benefit reward letters may be requested.)
  • You need 3 months of verifiable employment.
  • No eviction in prior 36 months. (Letter of explanation required for all previous evictions.)

What should I do if my roommate wants to move out?

If you plan to stay in the unit after a roommate moves out, please contact our office so we can draw up new paperwork for you.  If you have chosen a new roommate, they need to contact our office and complete an application as well as pay the $35 screening fee.

Only after screening and approval will they be added to the rental agreement/lease and be “legal” to live there.

How long does it take for my application to be processed?

Applications are usually processed within 48 hours.

How much is the application fee?

Application fee is $35.00 per each applicant.