They ask for the stupidest things. They want 3x rent up front for first, last, security. They want you to have a full year of rent in your savings. Until laws were passed, a person in my town would have to drop $9000 on DAY 1 to rent a 2bd, 2bathroom.
It’s been 2-3 years since I rented. I signed my last lease right before the pandemic started, but rented a lot before that… too much.
I haven’t run into anything that crazy. One place told me I had to pay for a year of parking up front instead of monthly, but that wasn’t required to rent there, only if I wanted to keep a car in nearby structure.
Once when I was signing a lease the other person at the leasing office was told to pay 2-3x rent for a security deposit, while they only asked me for $200. I don’t know what was behind that, but I’m going to assume it was credit score or something. Asking for first and last months rent up front seemed pretty standard.
Most of the things you mention are about having a lot of cash on hand, and less about how much money is coming in each month to pay rent, which I thought was what the girl was faking, which would make her rent-poor, spending 70% of her paycheck on rent or something.
Have you rented recently?
They ask for the stupidest things. They want 3x rent up front for first, last, security. They want you to have a full year of rent in your savings. Until laws were passed, a person in my town would have to drop $9000 on DAY 1 to rent a 2bd, 2bathroom.
It’s been 2-3 years since I rented. I signed my last lease right before the pandemic started, but rented a lot before that… too much.
I haven’t run into anything that crazy. One place told me I had to pay for a year of parking up front instead of monthly, but that wasn’t required to rent there, only if I wanted to keep a car in nearby structure.
Once when I was signing a lease the other person at the leasing office was told to pay 2-3x rent for a security deposit, while they only asked me for $200. I don’t know what was behind that, but I’m going to assume it was credit score or something. Asking for first and last months rent up front seemed pretty standard.
Most of the things you mention are about having a lot of cash on hand, and less about how much money is coming in each month to pay rent, which I thought was what the girl was faking, which would make her rent-poor, spending 70% of her paycheck on rent or something.
“rental down payments can’t hurt you, they aren’t real”