Pennsylvania real estate law requires licensees to provide consumers with a document called the “Consumer Notice” when you are discussing real estate with a licensed real estate agent.
The below rental application is a secure fillable web based form. After you press submit at the end you will have the opportunity pay the application fee via Paypal. Application fees are used to pay for background checks and staff processing time, they are non-refundable regardless of the landlord’s final approval decision. Any fees assessed by Paypal must be paid for by the applicant.
Cosigner Rental Application
Click here to access our cosigner rental application which is a secure fillable web based form. After you press submit at the end you will have the opportunity pay the application fee via Paypal. Application fees are used to pay for background checks and staff processing time, they are non-refundable regardless of the landlord’s final approval decision. Any fees assessed by Paypal must be paid for by the applicant.
Application fees ($45 per applicant) can be paid by money orders or by using the below Paypal payment button. Note: Application fees are used to pay for background checks and staff processing time, they are non-refundable regardless of the landlord’s final decision on approval. Any fees assessed by paypal must be paid for by the applicant.
How much is it to Move-in?
Generally we require first month, last month, and security deposit prior to move-in. The security deposit is typically one month’s rent with the possibility of increased security and/or fees if you have pets. We generally accept personal checks, money orders and bank checks. It’s important to remember that each rental situation is unique and different landlords have different requirements.
How far in advance should I search for possible rentals?
Sometimes looking in advance will not be as beneficial as you think it may be. For units that are currently occupied, we won’t know if they will be available until the tenants give notice they won’t be renewing. This can vary from 1 to 3 months.
How do I set up an appointment to view the unit?
You can call 215-467-4100 during normal business hours or e-mail firstname.lastname@example.org to set up a showing. For easier scheduling, make sure you have the address in hand and let us know what your anticipated move-in date is. The earlier you reach out to us, the higher chances you have of renting out the unit, as appointments are made on a first come first served basis.
How much is the application fee and what does it check for?
The application costs $45 for each individual that will be staying in the unit plus any co-signers. This is a basic screening process that checks your credit score and history, rental history, employment, and general information that would qualify you as a great tenant! As far as credit/income requirements, unless specifically stated in the advertisement, there is no specific credit score or income minimum. Applications are reviewed as a whole.
Are pets acceptable and how much would they cost extra?
Pets are conditional upon the owner’s approval. Most of our properties allow pets with an additional deposit or fee. The amount of deposit depends on variables such as size, breed, age, and prior landlord references. In many cases the required deposit will be $500 per dog and $250 per cat.
Please note that JG Real Estate complies with Fair Housing and American’s with disabilities acts. A service animal with appropriate documentaton is not considered a pet and will be evaluated appropriately.
What is the average price of utilities for the unit?
Utility prices vary depending on multiple factors, so there is no estimate we are able to give you. However, you can call PECO and PGW, give them the address of the unit and they usually will be able to provide you with a historical average of the unit’s usage and bills.
Why are some properties bigger in size but lower in price?
Prices are varied depending on location and amenities. Some of our properties located in prime areas will generally cost more than other locations even if they are smaller in size.
I don’t know much about the area, is it safe?
A person’s comfort level is really subjective, we can’t make that call for you – no one will be able to say for sure that any area in the city is “safer” than others. We recommend that you do some research about the area and drive through the neighborhood before scheduling an appointment. A valuable site to look up crime statistics in various neighborhoods is www.spotcrime.com.
What if I’m not finding my ideal rental/home on your website, is there any way you can show me more properties?
If none of our properties fit your mold, we may be able to set you up with an agent at no cost to you. If we have an agent available we’ll ask for some basic information concerning what you are looking for. The agent will then set up a personalized search of listings outside of our own.
What Is A Commercial Activity License?
A commercial activity license is required for ALL for profit businesses operating in Philadelphia. Yes, you as an individual real estate investor with only a handful of properties or maybe just one property, qualify as a business. Therefore, you must get a commercial activity license. Luckily the license can be obtained completely online through the Department of Licenses & Inspections and is FREE. The predecessor to the Philadelphia commercial activity license was called the “business privilege license” and had cost $300.
If the property is owned by more than one person, each person needs to apply for their own commercial activity license.
You also need the commercial activity license in order to apply for the Housing Inspection License and receive the required certificates of rental suitability for new tenants.
How do I obtain my Commercial Activity License?
The first step is to obtain a Philadelphia Tax account number – visit the Philadelphia Department of Revenue’s site here where you can apply online. If you own the property under your personal name, you will use your SSN. If you own it under an entity name, like an LLC, you will use your company’s EIN. Keep the tax account number which you will obtain handy as you’ll need it for the next step in the process. If the property is owned by more than one person, each person needs to apply for their own commercial activity license separately. A married couple can, however, share the same business tax account number.
Please direct any tax related questions to your accountant as we are unable to advise on any tax implications.
The second step is to use the eclipse system to apply online for your commercial activity license – register here.
What Is A Housing Inspection License?
A housing inspection license is required on a per unit basis for all rental properties. The initial application must be submitted by paper form, but renewal applications are permitted online. Please find the paper application here and renew your existing license here through the eclipse system. The Housing Inspection License costs $50 per unit. A single family home, for example, would be considered 1 unit.
If the property is owned by more than one person, you should each first have separate commercial activity licenses, and then once you do, you will put both owners’ names on the same Housing Inspection license application, along with both of your license numbers.
If you as the owner of the property reside outside the City of Philadelphia, you are required to list an agent on the housing inspection license application. This agent will receive city notices, orders, & summonses. Of course a representative of JG Real Estate will sign section 16 of the application to act as agent as part of our property management service.
Licenses expire at the end of February each year regardless of when your license was first issued, so you will need to renew it every year or, if we are your agent, we can renew it on your behalf. Each time a tenant rents your unit, you are required to provide them with a Certificate of Rental Suitability (free and easy to get directly online), but if you don’t have a current Housing Inspection License, you will not be able to obtain the certificate, so it is important to keep it up to date.
Why Do I Need A Housing Inspection License?
In order to legally rent a property in the City of Philadelphia a valid housing inspection license is required. From time to time proof of your housing inspection license will be requested. The most frequent example is enrollment in the PGW Landlord Cooperation program – in order to register you will need to provide your license number. Additionally, if you are ever in the unfortunate situation of having to evict a tenant, you may not be able to collect lost rent for any period of time where you did not have the appropriate license.
Each time a tenant rents your unit, you are required to provide them with a Certificate of Rental Suitability (free and easy to get directly online), but if you don’t have a current Housing Inspection License, you will not be able to obtain the certificate, so it is important to keep it up to date.
Do I Need A Landlord Insurance Policy?
This question comes up often when a property owner has been living in the unit, decides to move somewhere else and then wants to rent it out for the first time. Yes, you absolutely need to have a landlord’s insurance policy. This is just a homeowner’s insurance policy with different coverage specifications. Your tenants may have renter’s insurance, but that only covers their own personal belongings incase something happens and is in no way a substitute for a policy of your own. You still need a landlord policy to cover the property itself, personal liability, etc. There are even policy options and riders which cover things like vandalism and rent guarantees. Switching your homeowner’s policy to a landlord’s policy should be a very quick and easy call to your current insurance provider, but if you’d like quotes or referrals for a new insurance agent, we can recommend someone.
If you are a management client, we will need to be added as an additional insured party to your landlord policy. Additional insured is not the same as additional interest. Additional interest means we are simply kept apprised of policy changes; additional insured means we are actually afforded coverage in the event of a claim.
When Will I Receive My Rental Disbursements?
If you are a property management client, you know that we as the management company will first collect the rent from your tenants each month, and then send it along to you. When exactly you can expect to receive it depends on a few factors, mainly being when we receive it. Leases have different rent due dates and grace periods. Typically when we are the ones writing the lease, we have rent due on the 1st and only allow a grace period of 2 days before late fees begin to accrue. We send out disbursements as soon as the funds are available. It needs to clear from the tenants’ bank account to ours, and then from ours to yours (one of the reasons why we have such a strict grace period and heavy late fees in our leases is because we are trying to cut down on the time it takes you to receive your funds). Because our properties have varying lease terms and due dates, we make multiple rental disbursements throughout a month, so no client needs to wait to receive whats due to them. In general, you can expect to receive your money about a week after we have received it from the tenants, at most.