Other Prime Areas
Qualifying for an apartment will generally be dependent on your financial situation.
If you work at a traditional type of job and have income which can be shown by producing pay stubs or a recent
tax return then you're in the clear. Landlords will generally want to see that a person earns 40 times the monthly
rent in an annual income (if the monthly rent is $1000 the owner will likely want to see a 40K annual salary). If your
earnings are derived from a source that isn't easily documented such as a waiter or bartender, you are a
business owner, or you are an independent contractor of some sort, you'll have to provide some additional
documentation such as a prior landlord reference, recent bank statements, or an accountant's letter.
The bottom line is that a landlord is solely concerned with your ability to pay the monthly rent and they want to see
proof. Have all of your documents in order when searching for an apartment so when you find a great place the
application process will be quick and easy!
If you work at a traditional type of job and have income which can be shown by producing pay stubs or a recent
tax return then you're in the clear. Landlords will generally want to see that a person earns 40 times the monthly
rent in an annual income (if the monthly rent is $1000 the owner will likely want to see a 40K annual salary). If your
earnings are derived from a source that isn't easily documented such as a waiter or bartender, you are a
business owner, or you are an independent contractor of some sort, you'll have to provide some additional
documentation such as a prior landlord reference, recent bank statements, or an accountant's letter.
The bottom line is that a landlord is solely concerned with your ability to pay the monthly rent and they want to see
proof. Have all of your documents in order when searching for an apartment so when you find a great place the
application process will be quick and easy!
NoFeeRentalByOwner.com
Your #1 Source For New York City No Fee Rental Apartments
Your #1 Source For New York City No Fee Rental Apartments
