how do you move into an apartment w/ no "income"

[ifoundnemo]

long story short- my lease ends here in a couple days and i'm on a waiting list for my next apartment.

i don't have a job but have enough money to pay the year off in full.
i don't want to do that because i use this money to re-up when i make my trips to colorado.

how do i move in without paystubs, and no cosigner?

i'm not sure what my credit score is but i know its good because i've never had a late payment.
will that alone be enough to move me in or will i have to pay a couple months up front or...?

let me know how you guys get around it.

I've thought about fake paystubs but i figure that could hurt me in the long run?

 

[incognito5320]

First off ... I have rental properties, so when I say don't go the fake paystub route. Most landlords are gonna check out your references and where you work. If you came to me and said you didn't have a job, but will have the $ for rent several months rent in advance, I'd probably be willing to work with you. I wouldn't give you a year long lease, but put you on month2month, with 1st and last months paid. As long as you brought me rent by the 5th of the month, you good for another month. All that being said, obviously your references need to check out good as well. Hope this helps and good luck.

 

[ifoundnemo]

First off ... I have rental properties, so when I say don't go the fake paystub route. Most landlords are gonna check out your references and where you work. If you came to me and said you didn't have a job, but will have the $ for rent several months rent in advance, I'd probably be willing to work with you. I wouldn't give you a year long lease, but put you on month2month, with 1st and last months paid. As long as you brought me rent by the 5th of the month, you good for another month. All that being said, obviously your references need to check out good as well. Hope this helps and good luck.

thanks for the input!
i paid my last apt for a whole year lease but i don't want to spend all of my disposable income because i wouldn't have anything to work with

i'd be looking for a year long lease, how many months do you think i would have to pay in advance for them to accommodate?
(i also have 3 years of good track records, no late payments on rent, and have finished all of my leases with no problems from any previous apartment complex)

 

[racerboy71]

usually places around here ask for either say first and last and one more months for security deposit, so say for ex rent was $500 / month, you'd need $1500 to move in today.. some only ask for first months rent up front and one months security, some first and last, etc.. but yah, i'd think the most cash you'd need up front for any apt. would be the three months rent, first, last and a months security as well..
i saw the title of this thread at first and was like wtf is dude thinking, lol.. sorry to have been so prejudiced simply by the title of your thread..

 

[ifoundnemo]

usually places around here ask for either say first and last and one more months for security deposit, so say for ex rent was $500 / month, you'd need $1500 to move in today.. some only ask for first months rent up front and one months security, some first and last, etc.. but yah, i'd think the most cash you'd need up front for any apt. would be the three months rent, first, last and a months security as well..
i saw the title of this thread at first and was like wtf is dude thinking, lol.. sorry to have been so prejudiced simply by the title of your thread..

All good, thanks for your input as well!

 

[Farfenugen]

if nothing else works I'd say take up oral sex

 

[robert 14617]

either take a few classes at the local comm.college or find a job i think land lords like student renters i may be wrong

 

[incognito5320]

thanks for the input!
i paid my last apt for a whole year lease but i don't want to spend all of my disposable income because i wouldn't have anything to work with

i'd be looking for a year long lease, how many months do you think i would have to pay in advance for them to accommodate?
(i also have 3 years of good track records, no late payments on rent, and have finished all of my leases with no problems from any previous apartment complex)

Going by all you said, and it all checked out, especially with your track record, I'd would go with 1st, last and security deposit ... and put you on a month2month lease. But, you have to have a plan that would make sense to a landlord. I agree with what "robert 14617" said, if you are a student, then it would make sense for you don't have a full-time job. You may be ex-military going to school on the GI Bill and working a parttime job. That would make sense to a landlord. But, just to tell the landlord, "Don't worry about the rent, I got it covered for the year" sounds kinda fishy. He's probably gonna think your a pot-dealer ... lol. The only thing I would add to this is ... if I had received other rental applications and the other applicants had a steady job and an okay track record, I'd most likely go with one of the other applicant over you. However, from personal experience, getting multiple applications right now in this economy is rather hit & miss. Last March I had a property available, and I received 4 applications in a week. Of those 4, 2 were from people that lost their homes to foreclosure, 1 was from a retired/disabled veteran, and the last one was from 3 (early 20's) guys all with stable jobs and plenty of disposable cash. I went with the vereran that had stable/ample income (and he's been a great tenant so far). If he hadn't of came along, I'd have most likely gone with one of the "foreclosed" applicants, even with their current financial situation. I'd rather chase a little rent than have my house trashed. LOL

 

[ifoundnemo]

Going by all you said, and it all checked out, especially with your track record, I'd would go with 1st, last and security deposit ... and put you on a month2month lease. But, you have to have a plan that would make sense to a landlord. I agree with what "robert 14617" said, if you are a student, then it would make sense for you don't have a full-time job. You may be ex-military going to school on the GI Bill and working a parttime job. That would make sense to a landlord. But, just to tell the landlord, "Don't worry about the rent, I got it covered for the year" sounds kinda fishy. He's probably gonna think your a pot-dealer ... lol. The only thing I would add to this is ... if I had received other rental applications and the other applicants had a steady job and an okay track record, I'd most likely go with one of the other applicant over you. However, from personal experience, getting multiple applications right now in this economy is rather hit & miss. Last March I had a property available, and I received 4 applications in a week. Of those 4, 2 were from people that lost their homes to foreclosure, 1 was from a retired/disabled veteran, and the last one was from 3 (early 20's) guys all with stable jobs and plenty of disposable cash. I went with the vereran that had stable/ample income (and he's been a great tenant so far). If he hadn't of came along, I'd have most likely gone with one of the "foreclosed" applicants, even with their current financial situation. I'd rather chase a little rent than have my house trashed. LOL

i am a student so hopefully they have a little leniency. :]

i'll post back in 3 weeks when im off the waiting list on how i got in!

 

[potroast]

I've been in the same situation before. I tell them that I am self-employed, in a couple of ways. They then require a tax return for the last year or two. So I go kick start my TurboTax program, and make myself a suitable tax return, complete with several Schedule C's, and some capital gains from investments, and showing me pulling in 40k or so, just enough to make them understand that you can pay rent.

Works every time!

( BTW don't file it! )

 

[racerboy71]

I've been in the same situation before. I tell them that I am self-employed, in a couple of ways. They then require a tax return for the last year or two. So I go kick start my TurboTax program, and make myself a suitable tax return, complete with several Schedule C's, and some capital gains from investments, and showing me pulling in 40k or so, just enough to make them understand that you can pay rent.

Works every time!

( BTW don't file it! )

don't file it, lmao.. good thing to point out, just in case... mawahahaha.. too funny potroast, too funny..

 

[icyunvmi]

I've been in the same situation before. I tell them that I am self-employed, in a couple of ways. They then require a tax return for the last year or two. So I go kick start my TurboTax program, and make myself a suitable tax return, complete with several Schedule C's, and some capital gains from investments, and showing me pulling in 40k or so, just enough to make them understand that you can pay rent.

Works every time!

( BTW don't file it! )

I'm totally from san diego too.... OB!!!! please help me with this!!! I need to move soon. I moved to texas after getting layed off from my job since its crazy cheap here. Can i do this with Tax Act? What would be some good numbers to plug in? I only need to prove I make $2100 a month ($700 x 3).

 

[qwizoking]

Well before I moved where I am now I had to rent houses or duplexes ect as apt are required to inspect and all that nonsense every now and then.....so just rent off Craigslist they ask but have never required any paperwork about anything