Easily Hide Payment Field from the Rental Application

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How to Hide Payment Field from the Rental Application

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Hows it going everyone Matt Leighton and welcome back to another video. Today were talking rental application mistakes. In this video, Im going to give you 7 mistakes to avoid when you apply for your rental property. This is mostly for applying to condos, townhouses, and houses that are owned by a private owner but could also be used for applying to apartments. So with that being said, lets get started. Number one is Negotiating before Applying. When I have a rental listing, I will get so many calls and emails that say something like - Is the property still available and is the owner flexible on the rent? Okay what? You havent even seen the place but you want me to ask the owner if theyll lower the rent? Will you be applying? Do you want to set up a visit? Can we see your application to make sure you dont have a credit score of 400? The time to negotiate is when you submit the application. THeres nothing wrong with negotiating. In fact, I almost encourage it depending on the ma

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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Why do landlords want to see bank statements?

By asking for your bank details, the landlord is able to confirm that you actually hold an account and that your monthly income, less your expenditures, is enough to cover the rent. Another reason for Landlords to want to know your account number is for security in the eventuality that you may fail to pay the rent.

How do I get around 3x the rent?

If you dont make 3 times the rent, you can still try to get the apartment by putting up a larger security deposit, finding a guarantor, or demonstrating your fiscal responsibility by showing your potential landlord bank statements that show you being responsible with your money and discretionary spending.

Is it normal for landlords to ask for bank account numbers?

Is it normal to give bank statements when renting a house? No! All a landlord should need is proof of good credit rating, your previous rental history, a security deposit, and the 1st months rent. Please do not provide your bank statements to anyone.

Is it OK to give someone your bank statement?

Never ever share your bank details with someone you dont trust, and make sure you know the fraud policies at your bank.

Is it normal for landlords to ask for bank statements?

Landlords and property managers require proof of income before they agree to rent an apartment. Oftentimes, landlords will ask for bank statements or tax statements to prove your earnings. While its usually rare for them to ask for your bank account information, it can happen.

Is it safe to send a bank statement to a landlord?

Generally yes, it is safe to share your bank statements with your landlord. However you should always be aware of rental scams and those posing as landlords or property managers to get your banking information.

What are red flags for renters?

Red flags for rental scams include prices that seem too good to be true, requests to send money via a wire transfer or the inability to tour a rental unit before signing a lease. Protect yourself when renting by looking out for these warning signs of a scam.

Can I black out my bank statement?

You can use a black marker to physically black out the information that you want to keep confidential. This is the easiest way to redact information and just involves you printing out your bank statement and using a black marker to cover up the information that you want to keep confidential.

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