Wednesday, July 21, 2010

Will landlords rent an apartment to an 18 year old without any employment record?

I'm 18 and am hoping to move out on my own within the next few months, but I've never been employed. I work online and earn enough to rent an apartment, but would a landlord rent to me since I don't have proof of employment?

Will landlords rent an apartment to an 18 year old without any employment record?
More then likely no unless you have a big savings account or inheritance to show that you can actually pay for an apartment. Or you can have your parents cosign at some places to get an apartment.
Reply:It depends. A large complex probably wouldn't because they do credit checks and employment verification. They would probably want a co-signer. You'd be better off renting from a landlord with a single unit in a duplexed house or small building. They are generally a bit more flexible %26amp; only want references %26amp; first + last %26amp; security deposit (which if you don't destroy anything will get returned to you w/interest - law in most states). Though landlords with 5 or less units tend to keep a close eye on them, so if you are doing alot of partying or whatever, you will probably hear about it.
Reply:Look for a place that's full of students. Most 'student ghetto' areas have landlords that're used to dealing with young people with few or no references, little or no credit, etc.





Document your on-line earnings well; if you don't get any pay stubs or anything, now's the time to file a tax return -- that'll help with proof of income.





Ask some responsible, older friends if you can use them as references.





Student-y housing is probably the way to go, but if it's in short supply where you live, try getting a roommate. If you can find somebody who's looking to let a bedroom in their apartment, you'll end up with references without needing the usual landlord credit check hassles.





Good luck!
Reply:That might be little tough thing to do without employment record...maybe they ask your parents or guardian to be the co-signer just in case. Then maybe it'll work out.
Reply:if your parents will commit to paying the rent if you dont or if you have enough for a good security deposit
Reply:Only if you can substantiate proof of income (check stubs, bank statements..) your rent can only account for a certain percentage of your income though, if you don't meet that requirement you won't be able to rent.


Your parent/Guardian can co-sign for it though, they will have to show proof of income also.
Reply:It depends on your income and references I know in South Australia they can't descriminate on age if you are over 16
Reply:they'll probibly make a parent co-sign
Reply:I'd ask for a larger deposit or ask you to have someone cosign.





My parents cosigned when I got my first apartment.


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