Law School Discussion

Law Students => Incoming 1Ls => Topic started by: moogjuke on May 31, 2005, 02:21:01 PM

Title: Apartments in DC that have income requirements???...
Post by: moogjuke on May 31, 2005, 02:21:01 PM
Does anyone know how to deal with apartments that have income requirements (like, 3x rent/month or, say, 42x rent/year)?  Just look elsewhere???  I'm finding a lot of places have requirements...Ideas?

Thanks
Title: Re: Apartments in DC that have income requirements???...
Post by: murkydreamer on May 31, 2005, 02:26:32 PM
If you can find a guarantor who meets those income requirements, you should be fine. 
Title: Re: Apartments in DC that have income requirements???...
Post by: Abevigoda on May 31, 2005, 02:32:28 PM
Yikes, that didn't even occur to me.  Arghhh....this move to DC is really turning into a hassle.
Title: Re: Apartments in DC that have income requirements???...
Post by: laur0212 on June 01, 2005, 12:33:30 PM
I know what a female dog that can be, especially in DC where rent is so high...I transferred to AU in my sophomore year of college, in the middle of the year, and they didn't have any transfer student housing on campus so I had to get an apartment.  That was a major female dog because as a college student I had no income. My parents came through and co-signed for me though.  They're actually doing the same now that I'll be getting an apartment for school next year. 

Where are you looking in DC?  What school are you attending?  If you need recommendations on places to look just let me know and I'd be happy to help.
Title: Re: Apartments in DC that have income requirements???...
Post by: SleepyGuyYawn on June 01, 2005, 02:11:53 PM
I disagree that most apts in most cities have income requirements.  I think it's really only in large cities with higher average rents.  I looked at a lot of really nice apartments in Pittsburgh, and none had income requirements.  I've lived in a couple apartments in Ann Arbor, Michigan, and I've never even heard of there being an income requirement.  I've also lived in apartments in Detroit and Edinburgh, Scotland -- never heard of it in either of those places either.

Perhaps it's an east-coast thing -- perhaps it's a big-city thing.  But where I'm from, it's not an issue.
Title: Re: Apartments in DC that have income requirements???...
Post by: SleepyGuyYawn on June 01, 2005, 11:26:48 PM
Yea -- that's probably the difference.  I try my best to avoid larger management companies and large apartment complexes.  I always look for small management companies or landlords who own just a few properties.  I find that they tend to be cheaper as well, often for a better quality place (although I've seen plenty of crappy apartments owned by small companies, as well).

But I think it's harder to find small landlords in places like DC and NYC; property is so expensive that only companies can afford to be in the game at some point.

I have run into credit checks with each apt I've rented, however.  I have good credit.  Perhaps that could be reason I haven't run into co-signers and income requirements?
Title: Re: Apartments in DC that have income requirements???...
Post by: blk_reign on June 01, 2005, 11:56:09 PM
i didn't take the time to read this entire thread so if this statement has been made please disregard..

your scholarship letter or finaid award letter can be considered a source of income..

it's definitely best to have a guarantor since you won't be working...

unless you go through a private renter.. try http://www.washingtoncitypaper.com or http://www.washingtondc.craigslist.org
Title: Re: Apartments in DC that have income requirements???...
Post by: moogjuke on June 02, 2005, 10:43:09 AM
Thanks to all who responded.  I hope this informative thread helps other, too.