Landlord Demands Current Tenants Prove They Make At Least $100K To Keep Apartments

Hoodline.com posted this letter from a renter in San Francisco's Lower Haight district, alerting tenants that they will be checked to make sure they are earning $100,000 a year and have a credit score of at least 725.

A lot of apartment buildings in pricey cities have strict income and credit requirements for potential tenants, but once you’ve got the apartment all that generally matters is that you pay your rent on time and in full. The landlord of one building in San Francisco recently posted a letter telling current tenants that they will have to be re-screened to make sure they are earning at least $100,000 a year and have sterling credit. [More]

Should Tenants Be Punished For Landlord's Inability To Pay Water Bill?

Should Tenants Be Punished For Landlord's Inability To Pay Water Bill?

The residents of a South Florida apartment complex could be on the street soon — not because they failed to pay their rent or utility bills, but because their landlord has allegedly run up a $14,000 water and sewer tab and won’t pay up. [More]

Apartment Rents Rising Nationwide To Highest Average In Five Years

Apartment Rents Rising Nationwide To Highest Average In Five Years

Grumbling over the rising price of rent? You’re not the only one — across the country, it’s becoming more expensive to rent, with rates rising at a pace that hasn’t been seen since before the financial crisis. Fear of even higher rents might be keeping tenants in their apartments as well, as the vacancy rate was the lowest it’s been since 2001. [More]

All You Have To Do To Live Rent-Free For 6 Years Is Go Without Gas & Hot Water

All You Have To Do To Live Rent-Free For 6 Years Is Go Without Gas & Hot Water

Would it be worth having no hot water or gas to cook with for a year and a half, if it meant you could withhold rent for six years? It was worth it for one Brooklyn woman, who has been justified in not paying rent on her loft because her landlord didn’t keep up with basic maintenance or address her safety concerns. [More]

Supreme Court Decides At Least Some NYC Apartments Will Remain Affordable

Supreme Court Decides At Least Some NYC Apartments Will Remain Affordable

For more than 40 years, finding a rent-stabilized apartment in New York City has been like winning the lottery. Earlier this morning, the U.S. Supreme Court shot down a challenge to the rent-stabilization regulations, meaning at least a million city residents will continue to pay rent that is only a fraction of what their neighbors pay [More]

Tenants May Have To Leave Because Landlords Haven't Paid Water Bill In Five Years

When a landlord says that the cost of water is included in the rent, one might assume that this landlord is dutifully paying that water bill on time, or at least every few years. But tenants at an apartment complex in Georgia recently found out that the owners of the buildings hadn’t paid the water bill in five years — and that the water would be shut off in a week. [More]

Renting Doesn't Necessarily Protect You From Inept Mortgage Servicers

Renting Doesn't Necessarily Protect You From Inept Mortgage Servicers

Whenever I bring up the ongoing mortgage and foreclosure fiasco (and yes, this topic does come up often in my casual conversation; which is probably why I’m single), at least one of my renter friends cavalierly states that he or she is happy to not have to worry about having a bank wrongly foreclose on them, or mistakenly seize their stuff. But as the following story shows, that just isn’t so. [More]

Renter Sues To Keep Name Off List Of Renters Who Have Been Sued

Renter Sues To Keep Name Off List Of Renters Who Have Been Sued

If you’re sued for eviction by your landlord in New York state, whether you win or lose the case, your name goes on a list that then gets sold to other landlords looking to screen out potential nuisance renters. Wanting to keep his name and record clean, one Manhattan man has preemptively sued to bar his name from being added to the list. [More]

More People Spending More Of Their Income On Rent

More People Spending More Of Their Income On Rent

New data on U.S. housing costs shows that more than half of the nation’s renters are writing rent checks that are at least 30% of their household income, and one in four renters are paying out half their income for shelter. [More]

Landlord Uses "Psychic Credit Checks" On Potential Tenants

Landlord Uses "Psychic Credit Checks" On Potential Tenants

Maybe you weren’t worried when you heard that Experian was adding rental payments to its credit reports because you’ve always paid your landlord on time. But now it’s time to look deep within your psyche and soul to ask yourself if you’d pass a psychic credit check. [More]

What Teller Would Cash This Clearly Fraudulent Check?

What Teller Would Cash This Clearly Fraudulent Check?

Vanessa’s rent check was stolen somewhere between her mailbox and the property management office. It ended up in the hands of unsavory fraudsters, who altered the check in a decidedly low-tech way: with a Sharpie. [More]

Split The Rent Helps You Calculate Rent Fairly

Split The Rent Helps You Calculate Rent Fairly

Do you share an apartment or house with multiple people, but aren’t sure how to divide up the rent? Not all bedrooms are created equal, but the Split the Rent calculator can help you figure out who owes what. It accounts for variables like bedroom size, private bathrooms, windows, closet space, and the amount of common space in the home. [More]

Know Your Renter Rights

Know Your Renter Rights

Do you rent? Better know your rights. Here’s a state-by-state guide with links to statutes for both landlords and tenants. If you want to negotiate down your rent, get a drippy ceiling fixed, fight an eviction, or squelch a noisy neighbor, first bone up on your renter law. [More]

Landlord Says He Never Got My Rent, Can I Get My Money Order Back?

Landlord Says He Never Got My Rent, Can I Get My Money Order Back?

Marty sent his rent in by money order and the landlord says he never got it. Marty is trying to get his money from the money order back, but is finding out that it’s not the same thing as a check. [More]

Poll: Most Americans Concerned About Ability To Pay Mortgage Or Rent

Poll: Most Americans Concerned About Ability To Pay Mortgage Or Rent

The recession may be over, but according to a new poll by the Washington Post, not only are most Americans concerned about having enough money to pay their rent or mortgage, but that number has continued to increase over the last two years. [More]

Woman And Her 30,000 Lbs Of Stuff Get Evicted

Woman And Her 30,000 Lbs Of Stuff Get Evicted

30,000 pounds of belongings stretched up and down the DC sidewalk. They all belonged to one woman who was evicted after she couldn’t make rent. [More]

Won't Pay Up Rent? I'll Spraypaint "Deadbeat" On Your Garage

Won't Pay Up Rent? I'll Spraypaint "Deadbeat" On Your Garage

Sick of her renters not paying any rent, a Charlotte landlord spraypainted “DEADBEAT TENANTS” on the garage. [More]

Barter, Slum It, Go Rustic To Save On Living Costs

Barter, Slum It, Go Rustic To Save On Living Costs

There is more than one way to skin a lease. Not only can you negotiate to bring costs down, but there are other ways to slash your rent budget. Well-Heeled Blog digs up a few that might not have occurred to you. [More]