Rental Application

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


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 _____________________________________________________________________________________________________


Previous Landlord _____________________________________________________________________________________________________


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


Employment/ Income Information continued

Co-Applicant:

____________________________________________________________________________________________________________________


____________________________________________________________________________________________________________________

Position held Years on job Supervisor’s nameApplicant (if employed for less than two years on the previous job):

____________________________________________________________________________________________________________________


____________________________________________________________________________________________________________________

Position held Years on job Supervisor’s name


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 Professional References

____________________________________________________________________________________________________________________


____________________________________________________________________________________________________________________


____________________________________________________________________________________________________________________



Pg. 3


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


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)





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


Pg. 2

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:

_______________________________________________________________________________________________________

_______________________________________________________________________________________________________

_______________________________________________________________________________________________________

_______________________________________________________________________________________________________


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


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 __________________________________________________

__________________________________________________

__________________________________________________

__________________________________________________


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.


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


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


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