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Resident FAQs | Real Equity Assets

Resident FAQs

How do I apply for an apartment?
What is the best part of town to live in?
What rental selection process or criteria do you use?
Will you rent to me if I have been evicted?
Do you take Section 8 recipients?
I want to move out, what do I do?
How much is the security deposit?
When I rent, is it a lease?
How much does it cost to move in?
Do you screen your perspective residents and how much does it cost?
Do you accept pets? How much does it cost?
Is the apartment’s wheelchair accessible?
Do you offer electronic deposit and online account access?
How can I apply for a property?

How do I apply for an apartment?
Select an apartment from within a specific building and apply by directly contacting the identified rental representative. They will assist you in viewing the apartment and completing the necessary paperwork.

What is the best part of town to live in?
The best part of town is the part of town that best meets all of your needs. What do you need to be living near? Your employment? Your school? Is commuting and convenience a concern?

What rental selection process or criteria do you use?
We consider the number of occupants applying for the apartment, we are careful not to exceed our occupancy limits. We also review rental history, public records, length of employment, income amount, credit history, criminal history and monthly debt payment-to-income ratios. Please refer to our specific applicant screening criteria for details.

Will you rent to me if I have been evicted?
Our rental decision will depend upon the date the eviction occurred, the reason for the eviction and if any debt is still owed to the previous landlord.

Do you take Section 8 recipients?
The lease terms for the properties that Real Equity Assets, Inc. manages do not meet the section 8, 1 year lease requirements.

I want to move out, what do I do?
You must give a 30-day notice in writing, verbal notice is not acceptable. Contact your Rental Representative and fill out and sign a 30-Day Notice to Vacate form. The form is available for printing from this website. Please be sure to include your accurate forwarding address. Your Rental Representative will explain all the details.

How much is the security deposit?
The security deposit amount is determined based upon the results of the applicant screening process and is charged and payable at the time you move in. We review public records, credit history, employment stability, rental history, criminal history, income amount and monthly debt payment-to-income ratio prior to making a decision about the amount of the security deposit. Guarantors of prospective residents must own real estate in the state of California or reside in the City of San Diego, are sometimes acceptable in lieu of an increased security deposit and must meet their guidelines as described in the applicant screening criteria.

When I rent, is it a lease?
The initial term is a 3 month lease; it then converts to a month-to-month rental agreement.

How much does it cost to move in?
The security deposit, prorated rent, and other charges and fees are payable prior to moving in.

Do you screen your perspective residents and how much does it cost?
Yes, we review criminal history, public records, rental history, employment stability, credit history, monthly debt payments-to-income ratio on each prospective resident. The applicant screening fee is $35.

Do you accept pets? How much does it cost?
Please refer to the applicant screening criteria for pet policy details.

Is the apartment’s wheelchair accessible?
Unfortunately, most of our properties are older and have stairs. Some of our duplexes, triplexes and four-plexes may be accessible. Please contact the Rental Representative responsible for the apartment, in which you have interest, that are best equipped to help you.

Do you offer electronic deposit and online account access?
Not available at this time.

How can I apply for a property?
Download and fill out this form, and send it back to us with the cash screening fee per adult applicant noted in the rental criteria to initiate your screening.