How much was your income requirement?
For those that pay $1,100-1,300 a month in rent..
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 milf15 |
For those that pay $1,100-1,300 a month in rent.. |
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Posts: 846 (11/08/2009 6:12 PM) |
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hailie135 |
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Posts: 5766 (11/08/2009 6:17 PM) |
I make $37,000 but I put down $40,000 on my lease, and it was ok. I don't know what the minimum would have been though.
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Patti972 |
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Posts: 13083 (11/08/2009 6:18 PM) |
hailie135 wrote: huh? |
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ugh rabies |
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Posts: 1406 (11/08/2009 6:19 PM) |
For houses around here that are about $2000, the requirement is usually $90,000 and can only be the combo of two related people maximum. idk if that might help
build a range based on what others say.
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milf15 |
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Posts: 847 (11/08/2009 6:21 PM) |
The apartments I looked at said 36,000 for a 2 bedroom, I was just wondering if that was the normal rate or not.
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NancyOttawa |
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Posts: 8768 (11/08/2009 6:21 PM) |
hailie135 wrote:I've never even heard of that sort of a downpayment on a lease!! Why wouldn't just put that on something you would own like a house or a condo? |
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DifferentialDiagnosis |
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Posts: 2385 (11/08/2009 6:23 PM) |
Usually, you have to earn 3 times the amount of one year's rent.
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ugh rabies |
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Posts: 1407 (11/08/2009 6:23 PM) |
No no no, she put that she MAKES 40k.
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 heyitsmeMel |
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Posts: 4142 (11/08/2009 6:23 PM) |
NancyOttawa wrote:She makes 37K but she wrote that she makes 40K a year on her lease. |
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NancyOttawa |
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Posts: 8769 (11/08/2009 6:25 PM) |
P5 Teacher RN wrote:D' OH!! Thanks! I can't believe I totally misunderstood that!!  That's what happens when I wake up at 5:30 am on a weekend!!
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P5 Teacher RN |
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Posts: 17315 (11/08/2009 6:25 PM) |
I think she means she reported $40,000 per year as her annual income on her lease application.
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Patti972 |
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Posts: 13085 (11/08/2009 6:26 PM) |
heyitsmeMel wrote: ohhh duh.
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Patti972 |
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Posts: 13086 (11/08/2009 6:27 PM) |
NancyOttawa wrote: Same boat I was totally confused as to why someone would put down a lump sum on a $1200/mo lease. Ha!
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NancyOttawa |
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Posts: 8771 (11/08/2009 6:29 PM) |
Thanks Patti! Glad I'm not alone on that one then!! I feel like such a dork!
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PartyBoyInYourTown |
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Posts: 1913 (11/08/2009 6:35 PM) |
I also needed to make at least 3x the rent monthly. I pay $1100/month for rent.
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jawnyquest.niketalk |
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Posts: 2437 (11/08/2009 6:46 PM) Best Use of Emoticon award '09
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30x times the rent
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nicksdolphin |
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Posts: 20698 (11/08/2009 6:48 PM) |
I don't, but if you're going by financial guides, you'd need to make around $4000/month
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gravis911 |
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Posts: 13916 (11/08/2009 7:02 PM) |
They rented me an apartment for 1200/month when I made 37k. Those were some rough years.
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