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How to White Out Home Rental Application

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In this video, Matt Leighton discusses seven common mistakes to avoid when applying for rental properties, primarily focusing on condos, townhouses, and homes owned by private landlords. The first mistake highlighted is negotiating before submitting an application. Many potential renters inquire about the property's availability and rent flexibility without having seen it, which can be off-putting. Leighton emphasizes that negotiation should occur once the application is submitted, as it's important for landlords to assess a prospective tenant's qualifications, including their credit score, before discussing rent adjustments. The video aims to guide viewers in making a better impression during the rental application process.

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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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How do I stand out on a rental application?

It is important to include: Rental history. Current or previous employment. Parental guarantee letters if you are a student receiving money from your parents. Information on pets if you have them. Info on who will be renting with you and how many months you would like to lease the property. Any references that are valid.

How do I get around 3x the rent?

Provide a better security deposit: If you cant afford three times the rent, offer a higher security deposit the landlord can count on. Get a co-signer: Find someone to vouch for you when you speak to the landlord. Look for a roommate: Hunt for an empty room available for rent in an apartment building.

Are pay stubs for apartment illegal?

Its not illegal to create pay stubs. It is, however, illegal to provide them to anyone as proof of income. As soon as one is provided to obtain housing, apply for a loan, to evade taxes or to avoid paying child support, then that is fraud, which IS against the law.

Do you really need to make 3 times the rent?

Apartment Rent Calculator Equations: Some communities use a 3 times rent calculator formula, meaning a renters monthly income should be at least 3 times what goes to paying rent. At REE, we recommended that your income is at least 2.5 times your monthly rent amount.

Does rental history show up on credit report?

Unless your landlord reports it, rental information will not appear on your credit report. It doesnt matter if you have on-time, late, or missing payments. Evictions, bounced checks, broken leases, and property damage also wont automatically appear on your credit report.

How do you get around not making 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.

Why do landlords want 3 times the rent?

Why do apartments want 3 times the rent? Usually, they want the first month, the last month and the security deposit.

How do I get around my income requirements for an apartment?

Renting an Apartment Without Proof of Income This Isnt A Reflection Of You. #1 Maintain a Good Credit Score. #2 Consider a Lease Co-Signer or Guarantor. #3 Provide Bank Statements. #4 Look for Rentals by Owner. #5 Show Any Unusual Income. The Zeus Way.

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White Out Home Rental Application