I need to apply for a new apartment and they asked for my check stubs. I don't make enough from my taxed jobs for the 3-1 ratio they require. And haven't filed taxes from this stream of income for it to count yet. How do I find a way to show them I earn enough to cover rent with no problem? Anyone ever had this issue before? How did you handle it?
They lie.
I am of course not recommending deceit (yeah right) but a lot of hookers find a friend or a client who owns a business to fabricate check stubs for them. You would of course have to reveal your real name and allow this person into your life, but not all clients turn into love sick stalkers when you let them into your lives.
for cash and ask them if letters from clients indicating monthly payments will suffice. Like GaGa said, they will know your real name, but, so will you know theirs if they agree.
Or clean pipes.
Also, don't sweat the process. I simply had my paystubs available along with a big wad of cash.
Needless to say, I didn't need the stubs but did end up paying RIDICOLOUS security fees
I have done it these three ways since I started this work:
1. Had a client who owned his own business fabricate me false pay stubs (obviously you'd have to have a client you trust for this as your real name etc would be on it)
2. Bank statements- if you are depositing enough into your account a lot of property management companies will accept 3-6 months of bank statements as proof of income (I was actively tracking the end of my lease for this for awhile and would start depositing what I needed 3 months prior)
3. Tax returns- I know you've already mentioned that you can't do this yet but this is by far the best option for longevity if you ever plan on buying a house or taking credit out for a large purchase.
I had this exact problem - bad credit, no proof of income, but tons of cash. Every luxury apartment building in Minneapolis turned me down. However, I found a lady on CL who was subletting her apartment because she wanted to move out early. She had many offers as it was a nice apartment and location, but I offered to pay the entire remaining lease upfront as an act of good faith given that my credit was terrible.
I asked her for a month and paid something like $6500 up front, and she gladly agreed as people tend to like cash upfront.
Now, once her lease is up (mid September), I'm automatically accepted into the building on a month to month lease.
Honestly, subletting was the only way I could have possibly gotten into an incall location without a consigner.
Good luck!!!
This is a sublet. lol very nice building and PERFECT location for me, close to downtown, all major freeways, and walking distance to the convention center. I haven't been working long enough to have the 4 months for this expensive apartment upfront. The sublease here is great, no credit check or security deposit, just criminal background check and proof of income. I'm going to call my old boss and ask her to make some.
I asked her for a month and paid something like $6500 up front, and she gladly agreed as people tend to like cash upfront.
Now, once her lease is up (mid September), I'm automatically accepted into the building on a month to month lease.
Honestly, subletting was the only way I could have possibly gotten into an incall location without a consigner.
Good luck!!!
Bring 4 months rent in cash and offer it to the landlord right then and there as a good faith advance payment. Rarely do they turn it down.
-- Modified on 7/1/2016 9:30:45 PM
Horrible advice unless you are in an area of desperate landlords. In California we are not allowed to take a deposit that is more than 2 months rent plus the first months rent. Whenever somebody offers to pay me cash or several months in advance I know damn well they are not on the up and up. Rents are normally deposited electronic transfer.
Getting a bunch of cash up front does no good if a landlord ends up with the tenant from hell.