1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Problems Getting an Apartment

Discussion in 'BlackHat Lounge' started by cashcrateaddict, Nov 12, 2013.

  1. cashcrateaddict

    cashcrateaddict Elite Member

    Joined:
    Apr 12, 2012
    Messages:
    1,565
    Likes Received:
    1,100
    Location:
    One of CEOSam's Resorts
    I know threads have been created on subjects similar to this, but this is a bit different.

    To those of you who didn't have a "9-5" job before doing IM full time, and didn't already have an apartment before doing IM full time, how did you get yourself your apartment?

    I've been promoted from pup pup to puppy and when I turn 18, I would like to use my IM income to live on my own. In my city, there seems to be this dumb 40x rent rule. Meaning, whatever you plan on paying monthly for rent, you should be making 40x that a year. So if I wanted a $2.5k/month apartment, I should be making 100k a year. I call this dumb because in this city, there're alot of self employed small business owners and freelancers. Building Landlords are requiring proof of employment as well as proof you're making a certain amount.

    I'm sure a few of you had to prove your income. How did you do this? Tax forms? Screenshots of earnings?
    How did you prove you would not be a high risk tenant? I don't want to have to pay a year's worth of rent upfront.
    What problems did you face when trying to get an apartment and how did you overcome them?
     
  2. sire243

    sire243 Regular Member

    Joined:
    Jun 23, 2010
    Messages:
    255
    Likes Received:
    112
    Talk to the landlord and tell him your situation. Ask your parents to co-sign for you. And you should be filing taxes if you're making that amount. You can show the lanlord the tax return.
     
    • Thanks Thanks x 1
  3. Asgardian

    Asgardian Regular Member

    Joined:
    Apr 10, 2012
    Messages:
    302
    Likes Received:
    90
    Give some deposit money so they can be sure. I mean in our country many people do that way so if someone do some crazy things they have deposit money in their hands. Also you can sign contract with them so they can sue you if you don't pay (just sayin') haha :D

    Make some deal with people who are renting apartments.
     
    • Thanks Thanks x 1
  4. MafiaBoss

    MafiaBoss Elite Member

    Joined:
    May 5, 2012
    Messages:
    1,522
    Likes Received:
    1,031
    Occupation:
    Currently Un-Occupied
    Location:
    In granny's Basement
    Home Page:
    there are always ways around, you are not doing something illegal by making money online, just show them proof.
     
    • Thanks Thanks x 1
  5. DiamonMike

    DiamonMike Regular Member

    Joined:
    Aug 22, 2013
    Messages:
    217
    Likes Received:
    63
    What city/country is that?
     
    • Thanks Thanks x 1
  6. silentthunder

    silentthunder Jr. VIP Jr. VIP Premium Member

    Joined:
    Feb 6, 2009
    Messages:
    525
    Likes Received:
    1,342
    Occupation:
    cpa
    Location:
    In the pink
    Depending on your finances you can pay 3 or 4 months rent in advance. Cash is King.
    Might be a good idea to make sure you can meet the rent also.
     
    • Thanks Thanks x 1
  7. cashcrateaddict

    cashcrateaddict Elite Member

    Joined:
    Apr 12, 2012
    Messages:
    1,565
    Likes Received:
    1,100
    Location:
    One of CEOSam's Resorts
    NYC

    @SilentThunder, of course, wouldn't save up $X,XXX to live in the apartment for a couple months and then get out.
     
    • Thanks Thanks x 1
  8. thisismymp3

    thisismymp3 Power Member

    Joined:
    Jan 6, 2010
    Messages:
    762
    Likes Received:
    290
    oh i live in NYC too, that is a good rule though for the landlord's peace of mind
     
  9. thisismymp3

    thisismymp3 Power Member

    Joined:
    Jan 6, 2010
    Messages:
    762
    Likes Received:
    290
    I'm looking to rent out a nice room in a house in the Bronx, LMK if interested :)
     
  10. sire243

    sire243 Regular Member

    Joined:
    Jun 23, 2010
    Messages:
    255
    Likes Received:
    112
    I'm in NYC here too.
     
  11. Panther28

    Panther28 Elite Member

    Joined:
    May 2, 2010
    Messages:
    2,268
    Likes Received:
    3,405
    Occupation:
    Internet.
    Location:
    Internet.
    I got my first apartment renting, and i gave the landlord $200 for the keys to the flat for 1 day, (which he obviously wet himself about) and then rented out the spare rooms to people to cover the rent, i then delivered to the landlord the next day. I already had 30 people on my phone who were desperate to view the flat before i even had the keys, so once i did, i just bulk texted them all, and said first to arrive and pay the deposit and room rental, gets the flat. took less than a couple of hours to get the cash.
     
    • Thanks Thanks x 1
  12. SavyCon

    SavyCon Regular Member

    Joined:
    Jun 25, 2012
    Messages:
    259
    Likes Received:
    86
    Location:
    Taha'a
    Damn, it's just as expensive out in SF. If you have been filing tax returns - you can show your W2 (employment), 1099 (independent contractor), or whatever for your circumstances form to the landlord as your "income". For credit history, if you have credit cards, bill stubs, or even print out your paypal (or cc processor) account to show them that. Many would be willing to work with you. Now, if NY is like SF, real estate brokers usually control the transaction and have a bottleneck on the rental market. If you can reach out to owners and reach out to them on a personal level (ie, write them a note why you want to live at the apartment, about yourself, etc), they'll be much more lenient in my experience.
     
  13. silentthunder

    silentthunder Jr. VIP Jr. VIP Premium Member

    Joined:
    Feb 6, 2009
    Messages:
    525
    Likes Received:
    1,342
    Occupation:
    cpa
    Location:
    In the pink
    Creative finance gets me warm and squishy! Nice story Brah! That's my style. :cool:
     
    • Thanks Thanks x 1
  14. DiamonMike

    DiamonMike Regular Member

    Joined:
    Aug 22, 2013
    Messages:
    217
    Likes Received:
    63
    Wouldn't be less expensive to live in a motel/hotel?
     
  15. cashcrateaddict

    cashcrateaddict Elite Member

    Joined:
    Apr 12, 2012
    Messages:
    1,565
    Likes Received:
    1,100
    Location:
    One of CEOSam's Resorts
    Hotels in Manhattan? :/
     
  16. thisismymp3

    thisismymp3 Power Member

    Joined:
    Jan 6, 2010
    Messages:
    762
    Likes Received:
    290
    who wants to live in a motel? especially a hotel in NYC, better off going to airBNB
     
  17. sire243

    sire243 Regular Member

    Joined:
    Jun 23, 2010
    Messages:
    255
    Likes Received:
    112
    Why not get an appartment outside the city? They got some real big ones in Park slope for the same price (2.5k for 3 bedrooms+)
     
  18. Panther28

    Panther28 Elite Member

    Joined:
    May 2, 2010
    Messages:
    2,268
    Likes Received:
    3,405
    Occupation:
    Internet.
    Location:
    Internet.
    good to hear you liked it mate, i forgot to mention, all the guys and ugly girls were told that i would get back to them by the end of the day, and obviously the nice females were given "preferential/ selective" treatment. Well thats my niche after all :))

    living with horny students, such a burden ;)
     
    • Thanks Thanks x 3
  19. thisismymp3

    thisismymp3 Power Member

    Joined:
    Jan 6, 2010
    Messages:
    762
    Likes Received:
    290
    let me live in a $300 a night hotel for a year lets see how fast i become this guy
    after-just-four-weeks-the-homeless-man-learning-to-code-has-almost-finished-his-first-app.jpg
     
    • Thanks Thanks x 1
    Last edited: Nov 12, 2013
  20. cashcrateaddict

    cashcrateaddict Elite Member

    Joined:
    Apr 12, 2012
    Messages:
    1,565
    Likes Received:
    1,100
    Location:
    One of CEOSam's Resorts
    Eh I won't need a 3BR for a loooong time. All I need is a lil 600-700 square ft box to do my IM work without bother and a place to bring girls to.