Why should I rent from Peake Management, Inc.?
Our goal is to make sure that you receive your new home in good condition and that it is nicely maintained throughout your tenancy. We always need approval from the owner for any major work, but minor items can be quickly taken care of. We want you to be happy and to work with us for many years to come.
All the contractors we use are professional, licensed and bonded. In the event of an after-hours emergency, you are not alone. We have a 24 hour service to respond to your call. Our detailed Tenant Handbook will help further explain your lease obligations and how to properly maintain your home. Our timely communication is aimed to help remind you of those important seasonal responsibilities.
How Do I Rent A Home From You?
Nearly all of our properties are marketed through Better Homes & Gardens Premier. Any agent from any company can show you any property that is listed on MRIS. It’s always great to work with the listing agent if you can, but if they are not available, you can work with anyone you like.
Once you’ve chosen a property, just click on the property listing on our website and apply online. It’s a snap. If there are any glitches, a paper application is available. The online application is so much easier.
We’ll run a credit check and verify your income, job and rental references. We submit your offer to the owner for approval. Each owner has the right to set different criteria for approval, but
-Income must exceed 40 times the monthly rent.
-Maximum of two incomes considered for qualifying.
-The two lowest incomes are used.
-Minimum two year job and rental or mortgage history.
The owner can decide to waive some of the requirements by requesting an extra deposit or prepaid rent. Once they make a decision, we will promptly let you know. If you are working with an outside agent, all communication must go through them unless they approve our negotiating with you directly.
Will I Sign A Lease?
We will prepare a comprehensive lease that details the terms that you have agreed to. You should read the lease carefully since you are binding yourself to the terms of the lease. Most leases are signed electronically.
A draft of the lease is available here:
If you are a member of a group applying, you should write a separate agreement between yourselves that details your arrangement and who pays what. The lease looks at you as one entity. The owner has no obligation to go after separate individuals who have left while you stay. It’s rarely a problem, but be smart and write up an agreement that will allow you to go after the roommate who breaches it.
What About Utilities?
After your lease is signed, we’ll let you know which utilities to pick up. In the busy times, it can take a week or two for the utility companies to get everything turned on, so don’t wait until the last minute to call them. You can often schedule online, but call and make sure they actually have the order in their system after you’ve done it.