Interiors Design. Wednesday , June 13th , 2018 - 12:13:12 PM
Additionally, furnished properties offer higher yields compared to unfurnished properties. The main reason behind this is that tenants are more than willing to pay more in exchange for convenience. Furthermore, short-term leases are (more often than not) not covered by traditional leases and regulations which apply to longer leases.
Here are some things to keep in mind as you look for an apartment that doesnt do credit checks. No credit check apartments are typically owned by individual landlords rather than a large property management company. Individual landlords often own one or two properties. So based on the number tenants they have, its often not worth it to do a credit check. Large apartment complexes almost always do credit checks. The way they see it, they cant afford to lose money on a non-paying tenant, so they do their due diligence upfront to prevent that from happening.
Even though there are such kinds of apartments willing to grant approval to problem tenants, these apartments will nevertheless demand that those tenants fulfill a few basic requirements. One of them is being on a job at least six months. Some apartments will ask for a hefty deposit depending on the individual leasing office. Others will ask for three months of rent in addition to the deposit. One must also earn at least three times the amount of the rent.
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