The market has turned in favor of the landlord over the last couple years and I think that it is going to change soon. With the amount of new properties coming online in the next year there should be an over abundance of units available, which is good new for all future tenants. Rents may take a while but once occupancy starts making its way back to 2008 numbers we should see them go down for he first time in a couple years.
This is also good news for second chance apartment seekers. With lower occupancy also means there is lower criteria. I think by 2015 we should have a large growth in second chance programs at properties. The same rules apply with 2nd chance issues, the further it gets in your rear view mirror the better. The properties will start by accepting property debts, and broken leases. Then some will accept evictions and in some rare cases they may start accepting more background issues.
Felonies I am noticing are extremely hard to place, in most cases I am having to refer my leads to the private rental market because either the felony is too new(less than 7 years), there is more than one, or it is in tandem with another issue like a broken lease or eviction. On the bright side I do have a new tool which has given me about 50% more properties than I had before, with more accurate information.
If you are just wanting to look around without being bothered by locators, then here is a few pages with some properties to look at:
Second Chance North Dallas
Second Chance Garland
Second Chance Mesquite
Second Chance Arlington
Second Chance Fort Worth
Second Chance Irving
But if you would like free listings and you are wanting to get a search going with a pro that has been specializing in second chance searches for almost 7 years, call me at 214.396.3888 or register on SecondChanceApartment.com
Bryan Bjerke
Spirit Real Estate
