How to show a landlord what we have in savings? The Next CEO of Stack OverflowWhat are the primary expenses I should account for in my budget upon college graduation?What are some strategies to determine how much I should spend on rent when I have a lot of savings?Apartment lease renewal - is this rate increase normal?Should I have to pay income tax on contribution to home office rent from company?How can I prove my ownership of government savings bonds?Negotiating rent at lease renewalIs it normal to pay two application fees for an apartments as a married couple?Apartment/other, from July to October. Best option?Buy home and leverage roommates, or split rent?How hard is it to rent an apartment with high assets, but little income?

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How to show a landlord what we have in savings?



The Next CEO of Stack OverflowWhat are the primary expenses I should account for in my budget upon college graduation?What are some strategies to determine how much I should spend on rent when I have a lot of savings?Apartment lease renewal - is this rate increase normal?Should I have to pay income tax on contribution to home office rent from company?How can I prove my ownership of government savings bonds?Negotiating rent at lease renewalIs it normal to pay two application fees for an apartments as a married couple?Apartment/other, from July to October. Best option?Buy home and leverage roommates, or split rent?How hard is it to rent an apartment with high assets, but little income?










5















My wife and I will be moving to a new (major) city soon, and will be renting an apartment. For the first 18 months, we will both be in graduate programs and our income will be rather low, although not unlivable.



However, after she graduates we will have a healthily average income for the area. One reason we are considering this scheme is so we don't have to move after 18 months, and can find an apartment that fits our budget in two years.



We anticipated this, and have saved up what amounts to a good amount more than two year's worth of rent for the apartments we're looking at in this new city. We are mostly looking at smaller units where I expect we'll be able to talk to the owner personally, but a few larger complexes.



We would like to be able to go to a landlord and say basically, we don't have three times the income (or whatever they ask for), but look, we have enough money to pay you for at least a year's lease without working (even though we will be).



We both have good credit, 750+.



What is the best way to prove this to a landlord? Is it a good suggestion to try? I'd even be willing to consider prepaying some amount of rent or a large deposit, but I don't know how landlords will feel about that.






united-states rent







share|improve this question









New contributor




Azor Ahai is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.















  • 2





    If I'm a landlord, I have no reason to believe that the money you have in savings now will actually be used to pay your rent a year from now. I also have no reason to be as confidant as you that you'll get a job upon graduation.

    – chepner
    1 hour ago






  • 1





    I wonder if an escrow account would be an option. The normal use appears to be that you would pay your rent to such an account in the event of a dispute over required repairs. You are still paying your rent, but the landlord cannot receive the money until the repair is made. In this case, you would put all your rent into the escrow account at once, and the landlord could withdraw a fixed amount per month as your rent payment. Should you terminate the lease early, you could withdraw whatever money is left in the account after any early-termination costs are paid.

    – chepner
    1 hour ago






  • 4





    @chepner I mean, how do landlords know that the money you get from your job will actually be used to pay your rent? And that's ok, that's why people talk about things. || Your suggestion seems like overkill, but please post it as an answer so I can see how other people feel about it.

    – Azor Ahai
    1 hour ago











  • I've gotten an apartment with no job (student) just because my credit was good. Try and see how it goes.

    – zalpha314
    31 mins ago















5















My wife and I will be moving to a new (major) city soon, and will be renting an apartment. For the first 18 months, we will both be in graduate programs and our income will be rather low, although not unlivable.



However, after she graduates we will have a healthily average income for the area. One reason we are considering this scheme is so we don't have to move after 18 months, and can find an apartment that fits our budget in two years.



We anticipated this, and have saved up what amounts to a good amount more than two year's worth of rent for the apartments we're looking at in this new city. We are mostly looking at smaller units where I expect we'll be able to talk to the owner personally, but a few larger complexes.



We would like to be able to go to a landlord and say basically, we don't have three times the income (or whatever they ask for), but look, we have enough money to pay you for at least a year's lease without working (even though we will be).



We both have good credit, 750+.



What is the best way to prove this to a landlord? Is it a good suggestion to try? I'd even be willing to consider prepaying some amount of rent or a large deposit, but I don't know how landlords will feel about that.






united-states rent







share|improve this question









New contributor




Azor Ahai is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.















  • 2





    If I'm a landlord, I have no reason to believe that the money you have in savings now will actually be used to pay your rent a year from now. I also have no reason to be as confidant as you that you'll get a job upon graduation.

    – chepner
    1 hour ago






  • 1





    I wonder if an escrow account would be an option. The normal use appears to be that you would pay your rent to such an account in the event of a dispute over required repairs. You are still paying your rent, but the landlord cannot receive the money until the repair is made. In this case, you would put all your rent into the escrow account at once, and the landlord could withdraw a fixed amount per month as your rent payment. Should you terminate the lease early, you could withdraw whatever money is left in the account after any early-termination costs are paid.

    – chepner
    1 hour ago






  • 4





    @chepner I mean, how do landlords know that the money you get from your job will actually be used to pay your rent? And that's ok, that's why people talk about things. || Your suggestion seems like overkill, but please post it as an answer so I can see how other people feel about it.

    – Azor Ahai
    1 hour ago











  • I've gotten an apartment with no job (student) just because my credit was good. Try and see how it goes.

    – zalpha314
    31 mins ago













5












5








5








My wife and I will be moving to a new (major) city soon, and will be renting an apartment. For the first 18 months, we will both be in graduate programs and our income will be rather low, although not unlivable.



However, after she graduates we will have a healthily average income for the area. One reason we are considering this scheme is so we don't have to move after 18 months, and can find an apartment that fits our budget in two years.



We anticipated this, and have saved up what amounts to a good amount more than two year's worth of rent for the apartments we're looking at in this new city. We are mostly looking at smaller units where I expect we'll be able to talk to the owner personally, but a few larger complexes.



We would like to be able to go to a landlord and say basically, we don't have three times the income (or whatever they ask for), but look, we have enough money to pay you for at least a year's lease without working (even though we will be).



We both have good credit, 750+.



What is the best way to prove this to a landlord? Is it a good suggestion to try? I'd even be willing to consider prepaying some amount of rent or a large deposit, but I don't know how landlords will feel about that.






united-states rent







share|improve this question









New contributor




Azor Ahai is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.












My wife and I will be moving to a new (major) city soon, and will be renting an apartment. For the first 18 months, we will both be in graduate programs and our income will be rather low, although not unlivable.



However, after she graduates we will have a healthily average income for the area. One reason we are considering this scheme is so we don't have to move after 18 months, and can find an apartment that fits our budget in two years.



We anticipated this, and have saved up what amounts to a good amount more than two year's worth of rent for the apartments we're looking at in this new city. We are mostly looking at smaller units where I expect we'll be able to talk to the owner personally, but a few larger complexes.



We would like to be able to go to a landlord and say basically, we don't have three times the income (or whatever they ask for), but look, we have enough money to pay you for at least a year's lease without working (even though we will be).



We both have good credit, 750+.



What is the best way to prove this to a landlord? Is it a good suggestion to try? I'd even be willing to consider prepaying some amount of rent or a large deposit, but I don't know how landlords will feel about that.






united-states rent




united-states rent






share|improve this question









New contributor




Azor Ahai is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.











share|improve this question









New contributor




Azor Ahai is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.









share|improve this question




share|improve this question








edited 1 hour ago







Azor Ahai













New contributor




Azor Ahai is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.









asked 3 hours ago









Azor AhaiAzor Ahai

1266




1266




New contributor




Azor Ahai is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.





New contributor





Azor Ahai is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.






Azor Ahai is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.







  • 2





    If I'm a landlord, I have no reason to believe that the money you have in savings now will actually be used to pay your rent a year from now. I also have no reason to be as confidant as you that you'll get a job upon graduation.

    – chepner
    1 hour ago






  • 1





    I wonder if an escrow account would be an option. The normal use appears to be that you would pay your rent to such an account in the event of a dispute over required repairs. You are still paying your rent, but the landlord cannot receive the money until the repair is made. In this case, you would put all your rent into the escrow account at once, and the landlord could withdraw a fixed amount per month as your rent payment. Should you terminate the lease early, you could withdraw whatever money is left in the account after any early-termination costs are paid.

    – chepner
    1 hour ago






  • 4





    @chepner I mean, how do landlords know that the money you get from your job will actually be used to pay your rent? And that's ok, that's why people talk about things. || Your suggestion seems like overkill, but please post it as an answer so I can see how other people feel about it.

    – Azor Ahai
    1 hour ago











  • I've gotten an apartment with no job (student) just because my credit was good. Try and see how it goes.

    – zalpha314
    31 mins ago












  • 2





    If I'm a landlord, I have no reason to believe that the money you have in savings now will actually be used to pay your rent a year from now. I also have no reason to be as confidant as you that you'll get a job upon graduation.

    – chepner
    1 hour ago






  • 1





    I wonder if an escrow account would be an option. The normal use appears to be that you would pay your rent to such an account in the event of a dispute over required repairs. You are still paying your rent, but the landlord cannot receive the money until the repair is made. In this case, you would put all your rent into the escrow account at once, and the landlord could withdraw a fixed amount per month as your rent payment. Should you terminate the lease early, you could withdraw whatever money is left in the account after any early-termination costs are paid.

    – chepner
    1 hour ago






  • 4





    @chepner I mean, how do landlords know that the money you get from your job will actually be used to pay your rent? And that's ok, that's why people talk about things. || Your suggestion seems like overkill, but please post it as an answer so I can see how other people feel about it.

    – Azor Ahai
    1 hour ago











  • I've gotten an apartment with no job (student) just because my credit was good. Try and see how it goes.

    – zalpha314
    31 mins ago







2




2





If I'm a landlord, I have no reason to believe that the money you have in savings now will actually be used to pay your rent a year from now. I also have no reason to be as confidant as you that you'll get a job upon graduation.

– chepner
1 hour ago





If I'm a landlord, I have no reason to believe that the money you have in savings now will actually be used to pay your rent a year from now. I also have no reason to be as confidant as you that you'll get a job upon graduation.

– chepner
1 hour ago




1




1





I wonder if an escrow account would be an option. The normal use appears to be that you would pay your rent to such an account in the event of a dispute over required repairs. You are still paying your rent, but the landlord cannot receive the money until the repair is made. In this case, you would put all your rent into the escrow account at once, and the landlord could withdraw a fixed amount per month as your rent payment. Should you terminate the lease early, you could withdraw whatever money is left in the account after any early-termination costs are paid.

– chepner
1 hour ago





I wonder if an escrow account would be an option. The normal use appears to be that you would pay your rent to such an account in the event of a dispute over required repairs. You are still paying your rent, but the landlord cannot receive the money until the repair is made. In this case, you would put all your rent into the escrow account at once, and the landlord could withdraw a fixed amount per month as your rent payment. Should you terminate the lease early, you could withdraw whatever money is left in the account after any early-termination costs are paid.

– chepner
1 hour ago




4




4





@chepner I mean, how do landlords know that the money you get from your job will actually be used to pay your rent? And that's ok, that's why people talk about things. || Your suggestion seems like overkill, but please post it as an answer so I can see how other people feel about it.

– Azor Ahai
1 hour ago





@chepner I mean, how do landlords know that the money you get from your job will actually be used to pay your rent? And that's ok, that's why people talk about things. || Your suggestion seems like overkill, but please post it as an answer so I can see how other people feel about it.

– Azor Ahai
1 hour ago













I've gotten an apartment with no job (student) just because my credit was good. Try and see how it goes.

– zalpha314
31 mins ago





I've gotten an apartment with no job (student) just because my credit was good. Try and see how it goes.

– zalpha314
31 mins ago










1 Answer
1






active

oldest

votes


















6














Landlords vary wildly on policy, some are more rigid than others on income requirements. In a college town it will be more common for potential tenants to not meet income requirements. For students some landlords will request that parents co-sign, but others will recognize your savings as adequate proof of ability to pay. This is sometimes a concern for retirees as well. You won't know how landlords will react until you talk them.



Personally, when I have been approached by potential tenants in a situation like yours I run my standard background/credit check and in lieu of (or in addition to) income verification through their employer I request a few months of bank statements and the last couple tax returns to evaluate their financial situation. I respond best to those who simply clearly state their situation and their concern about income requirements up front. I normally do first month's rent and a damage deposit at the beginning of a lease, but in a situation like yours I might also collect last month's rent at lease start.



Assuming you otherwise check out as a decent tenant I don't think you'll have a problem finding a willing landlord. You'll have to shop around to see what responses you get, but you'll save a bit of time by inquiring about the rigidity of their income policy and explaining your situation up front.






share|improve this answer

























  • Thanks for the response. Just to be clear, it's not a college town, but a major city, and we're graduate students so I wouldn't particularly want our parents to co-sign (just out of fear that means we're over-budget). You would find bank statements and tax returns sufficient to believe our balance?

    – Azor Ahai
    2 hours ago






  • 1





    Yeah, if your bank statements show a substantial balance and show that it didn't just appear suddenly that is helpful. Tax returns are a bigger deal with the self-employed than with students, but still helpful to assess your situation. Collecting first month, last month, and a damage deposit also really helps offset the risk.

    – Hart CO
    2 hours ago











  • Yeah, they'd show every monthly deposit we've made for two years. I just thought bank statements might be pretty easy to fake.

    – Azor Ahai
    2 hours ago






  • 3





    @AzorAhai They could be faked, but with good credit scores and enough money to pay last month up front it feels unlikely. Tax returns could be faked too, I have no idea if they are copies of the ones you actually filed or a separate set you conjured up. If it was all a lie and you pay each month, I never know. If it was all a lie and you stop paying, I have to evict, and I still might never know that you lied. Plenty of people with good income live paycheck to paycheck, landlords just hope that they prioritize having a place to live over other expenses.

    – Hart CO
    2 hours ago












  • It's good to hear that it's that simple. I was worried I'd have to carry around a canceled cashier's check or something to show the bank would write it for me.

    – Azor Ahai
    1 hour ago











Your Answer








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1 Answer
1






active

oldest

votes








1 Answer
1






active

oldest

votes









active

oldest

votes






active

oldest

votes









6














Landlords vary wildly on policy, some are more rigid than others on income requirements. In a college town it will be more common for potential tenants to not meet income requirements. For students some landlords will request that parents co-sign, but others will recognize your savings as adequate proof of ability to pay. This is sometimes a concern for retirees as well. You won't know how landlords will react until you talk them.



Personally, when I have been approached by potential tenants in a situation like yours I run my standard background/credit check and in lieu of (or in addition to) income verification through their employer I request a few months of bank statements and the last couple tax returns to evaluate their financial situation. I respond best to those who simply clearly state their situation and their concern about income requirements up front. I normally do first month's rent and a damage deposit at the beginning of a lease, but in a situation like yours I might also collect last month's rent at lease start.



Assuming you otherwise check out as a decent tenant I don't think you'll have a problem finding a willing landlord. You'll have to shop around to see what responses you get, but you'll save a bit of time by inquiring about the rigidity of their income policy and explaining your situation up front.






share|improve this answer

























  • Thanks for the response. Just to be clear, it's not a college town, but a major city, and we're graduate students so I wouldn't particularly want our parents to co-sign (just out of fear that means we're over-budget). You would find bank statements and tax returns sufficient to believe our balance?

    – Azor Ahai
    2 hours ago






  • 1





    Yeah, if your bank statements show a substantial balance and show that it didn't just appear suddenly that is helpful. Tax returns are a bigger deal with the self-employed than with students, but still helpful to assess your situation. Collecting first month, last month, and a damage deposit also really helps offset the risk.

    – Hart CO
    2 hours ago











  • Yeah, they'd show every monthly deposit we've made for two years. I just thought bank statements might be pretty easy to fake.

    – Azor Ahai
    2 hours ago






  • 3





    @AzorAhai They could be faked, but with good credit scores and enough money to pay last month up front it feels unlikely. Tax returns could be faked too, I have no idea if they are copies of the ones you actually filed or a separate set you conjured up. If it was all a lie and you pay each month, I never know. If it was all a lie and you stop paying, I have to evict, and I still might never know that you lied. Plenty of people with good income live paycheck to paycheck, landlords just hope that they prioritize having a place to live over other expenses.

    – Hart CO
    2 hours ago












  • It's good to hear that it's that simple. I was worried I'd have to carry around a canceled cashier's check or something to show the bank would write it for me.

    – Azor Ahai
    1 hour ago















6














Landlords vary wildly on policy, some are more rigid than others on income requirements. In a college town it will be more common for potential tenants to not meet income requirements. For students some landlords will request that parents co-sign, but others will recognize your savings as adequate proof of ability to pay. This is sometimes a concern for retirees as well. You won't know how landlords will react until you talk them.



Personally, when I have been approached by potential tenants in a situation like yours I run my standard background/credit check and in lieu of (or in addition to) income verification through their employer I request a few months of bank statements and the last couple tax returns to evaluate their financial situation. I respond best to those who simply clearly state their situation and their concern about income requirements up front. I normally do first month's rent and a damage deposit at the beginning of a lease, but in a situation like yours I might also collect last month's rent at lease start.



Assuming you otherwise check out as a decent tenant I don't think you'll have a problem finding a willing landlord. You'll have to shop around to see what responses you get, but you'll save a bit of time by inquiring about the rigidity of their income policy and explaining your situation up front.






share|improve this answer

























  • Thanks for the response. Just to be clear, it's not a college town, but a major city, and we're graduate students so I wouldn't particularly want our parents to co-sign (just out of fear that means we're over-budget). You would find bank statements and tax returns sufficient to believe our balance?

    – Azor Ahai
    2 hours ago






  • 1





    Yeah, if your bank statements show a substantial balance and show that it didn't just appear suddenly that is helpful. Tax returns are a bigger deal with the self-employed than with students, but still helpful to assess your situation. Collecting first month, last month, and a damage deposit also really helps offset the risk.

    – Hart CO
    2 hours ago











  • Yeah, they'd show every monthly deposit we've made for two years. I just thought bank statements might be pretty easy to fake.

    – Azor Ahai
    2 hours ago






  • 3





    @AzorAhai They could be faked, but with good credit scores and enough money to pay last month up front it feels unlikely. Tax returns could be faked too, I have no idea if they are copies of the ones you actually filed or a separate set you conjured up. If it was all a lie and you pay each month, I never know. If it was all a lie and you stop paying, I have to evict, and I still might never know that you lied. Plenty of people with good income live paycheck to paycheck, landlords just hope that they prioritize having a place to live over other expenses.

    – Hart CO
    2 hours ago












  • It's good to hear that it's that simple. I was worried I'd have to carry around a canceled cashier's check or something to show the bank would write it for me.

    – Azor Ahai
    1 hour ago













6












6








6







Landlords vary wildly on policy, some are more rigid than others on income requirements. In a college town it will be more common for potential tenants to not meet income requirements. For students some landlords will request that parents co-sign, but others will recognize your savings as adequate proof of ability to pay. This is sometimes a concern for retirees as well. You won't know how landlords will react until you talk them.



Personally, when I have been approached by potential tenants in a situation like yours I run my standard background/credit check and in lieu of (or in addition to) income verification through their employer I request a few months of bank statements and the last couple tax returns to evaluate their financial situation. I respond best to those who simply clearly state their situation and their concern about income requirements up front. I normally do first month's rent and a damage deposit at the beginning of a lease, but in a situation like yours I might also collect last month's rent at lease start.



Assuming you otherwise check out as a decent tenant I don't think you'll have a problem finding a willing landlord. You'll have to shop around to see what responses you get, but you'll save a bit of time by inquiring about the rigidity of their income policy and explaining your situation up front.






share|improve this answer















Landlords vary wildly on policy, some are more rigid than others on income requirements. In a college town it will be more common for potential tenants to not meet income requirements. For students some landlords will request that parents co-sign, but others will recognize your savings as adequate proof of ability to pay. This is sometimes a concern for retirees as well. You won't know how landlords will react until you talk them.



Personally, when I have been approached by potential tenants in a situation like yours I run my standard background/credit check and in lieu of (or in addition to) income verification through their employer I request a few months of bank statements and the last couple tax returns to evaluate their financial situation. I respond best to those who simply clearly state their situation and their concern about income requirements up front. I normally do first month's rent and a damage deposit at the beginning of a lease, but in a situation like yours I might also collect last month's rent at lease start.



Assuming you otherwise check out as a decent tenant I don't think you'll have a problem finding a willing landlord. You'll have to shop around to see what responses you get, but you'll save a bit of time by inquiring about the rigidity of their income policy and explaining your situation up front.







share|improve this answer














share|improve this answer



share|improve this answer








edited 2 hours ago

























answered 2 hours ago









Hart COHart CO

34.1k67995




34.1k67995












  • Thanks for the response. Just to be clear, it's not a college town, but a major city, and we're graduate students so I wouldn't particularly want our parents to co-sign (just out of fear that means we're over-budget). You would find bank statements and tax returns sufficient to believe our balance?

    – Azor Ahai
    2 hours ago






  • 1





    Yeah, if your bank statements show a substantial balance and show that it didn't just appear suddenly that is helpful. Tax returns are a bigger deal with the self-employed than with students, but still helpful to assess your situation. Collecting first month, last month, and a damage deposit also really helps offset the risk.

    – Hart CO
    2 hours ago











  • Yeah, they'd show every monthly deposit we've made for two years. I just thought bank statements might be pretty easy to fake.

    – Azor Ahai
    2 hours ago






  • 3





    @AzorAhai They could be faked, but with good credit scores and enough money to pay last month up front it feels unlikely. Tax returns could be faked too, I have no idea if they are copies of the ones you actually filed or a separate set you conjured up. If it was all a lie and you pay each month, I never know. If it was all a lie and you stop paying, I have to evict, and I still might never know that you lied. Plenty of people with good income live paycheck to paycheck, landlords just hope that they prioritize having a place to live over other expenses.

    – Hart CO
    2 hours ago












  • It's good to hear that it's that simple. I was worried I'd have to carry around a canceled cashier's check or something to show the bank would write it for me.

    – Azor Ahai
    1 hour ago

















  • Thanks for the response. Just to be clear, it's not a college town, but a major city, and we're graduate students so I wouldn't particularly want our parents to co-sign (just out of fear that means we're over-budget). You would find bank statements and tax returns sufficient to believe our balance?

    – Azor Ahai
    2 hours ago






  • 1





    Yeah, if your bank statements show a substantial balance and show that it didn't just appear suddenly that is helpful. Tax returns are a bigger deal with the self-employed than with students, but still helpful to assess your situation. Collecting first month, last month, and a damage deposit also really helps offset the risk.

    – Hart CO
    2 hours ago











  • Yeah, they'd show every monthly deposit we've made for two years. I just thought bank statements might be pretty easy to fake.

    – Azor Ahai
    2 hours ago






  • 3





    @AzorAhai They could be faked, but with good credit scores and enough money to pay last month up front it feels unlikely. Tax returns could be faked too, I have no idea if they are copies of the ones you actually filed or a separate set you conjured up. If it was all a lie and you pay each month, I never know. If it was all a lie and you stop paying, I have to evict, and I still might never know that you lied. Plenty of people with good income live paycheck to paycheck, landlords just hope that they prioritize having a place to live over other expenses.

    – Hart CO
    2 hours ago












  • It's good to hear that it's that simple. I was worried I'd have to carry around a canceled cashier's check or something to show the bank would write it for me.

    – Azor Ahai
    1 hour ago
















Thanks for the response. Just to be clear, it's not a college town, but a major city, and we're graduate students so I wouldn't particularly want our parents to co-sign (just out of fear that means we're over-budget). You would find bank statements and tax returns sufficient to believe our balance?

– Azor Ahai
2 hours ago





Thanks for the response. Just to be clear, it's not a college town, but a major city, and we're graduate students so I wouldn't particularly want our parents to co-sign (just out of fear that means we're over-budget). You would find bank statements and tax returns sufficient to believe our balance?

– Azor Ahai
2 hours ago




1




1





Yeah, if your bank statements show a substantial balance and show that it didn't just appear suddenly that is helpful. Tax returns are a bigger deal with the self-employed than with students, but still helpful to assess your situation. Collecting first month, last month, and a damage deposit also really helps offset the risk.

– Hart CO
2 hours ago





Yeah, if your bank statements show a substantial balance and show that it didn't just appear suddenly that is helpful. Tax returns are a bigger deal with the self-employed than with students, but still helpful to assess your situation. Collecting first month, last month, and a damage deposit also really helps offset the risk.

– Hart CO
2 hours ago













Yeah, they'd show every monthly deposit we've made for two years. I just thought bank statements might be pretty easy to fake.

– Azor Ahai
2 hours ago





Yeah, they'd show every monthly deposit we've made for two years. I just thought bank statements might be pretty easy to fake.

– Azor Ahai
2 hours ago




3




3





@AzorAhai They could be faked, but with good credit scores and enough money to pay last month up front it feels unlikely. Tax returns could be faked too, I have no idea if they are copies of the ones you actually filed or a separate set you conjured up. If it was all a lie and you pay each month, I never know. If it was all a lie and you stop paying, I have to evict, and I still might never know that you lied. Plenty of people with good income live paycheck to paycheck, landlords just hope that they prioritize having a place to live over other expenses.

– Hart CO
2 hours ago






@AzorAhai They could be faked, but with good credit scores and enough money to pay last month up front it feels unlikely. Tax returns could be faked too, I have no idea if they are copies of the ones you actually filed or a separate set you conjured up. If it was all a lie and you pay each month, I never know. If it was all a lie and you stop paying, I have to evict, and I still might never know that you lied. Plenty of people with good income live paycheck to paycheck, landlords just hope that they prioritize having a place to live over other expenses.

– Hart CO
2 hours ago














It's good to hear that it's that simple. I was worried I'd have to carry around a canceled cashier's check or something to show the bank would write it for me.

– Azor Ahai
1 hour ago





It's good to hear that it's that simple. I was worried I'd have to carry around a canceled cashier's check or something to show the bank would write it for me.

– Azor Ahai
1 hour ago










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