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dell828 t1_iznnjvo wrote

Paying a year upfront is not an incentive. Provide your landlord with Proof that you are capable of making steady monthly payments. You may be fine with spending 50% of your income on an apartment. You say that you’re good with money and You very likely can pull this off but most landlords calculate that you must make 3x more salary than rent.

Keep looking. If you’re young a lot of landlords will accept cosigner on the lease. Also don’t rule out Roommate situation. You might be able to find a great two bedroom for $3000, and with a second persons income attached to the lease that might work out for you better.

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fantakeaow t1_izojv4q wrote

Why isn’t a year upfront incentive though?

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UniWheel t1_izp1qlg wrote

>Why isn’t a year upfront incentive though?

For one thing its actually illegal

Landlord tenant law is chock full of things that the parties are prohibited from agreeing to do.

Sure, you think you are "volunteering" to pre-pay (so it's not the landlord "requiring") but if you can volunteer, why wouldn't a landlord refuse anyone who did not also volunteer that?

The law strictly limits what a landlord can accept in advance, because what they can accept is in practice what they can require.

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Wtf_is_this1234 t1_izoloq3 wrote

It's indicative of someone with cash flow problems. Once they move in, it's really hard to get them out. What happens when the lease is up and the OP can't/won't pay? Evicting someone takes forever.

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fantakeaow t1_izoqqth wrote

Having a years worth of rent is indicative of cash flow problems? That doesn’t make sense to me… more than 60 percent of Americans live paycheck to paycheck.

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dell828 t1_izop3aw wrote

It could also be indicative of somebody who obtains the money illegally. Technically if it doesn’t go into a bank and goes into an apartment it’s sort of a way to launder the money.

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