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ChildOfHeist t1_izmkpe5 wrote

You’re still relatively poor by Boston standards. Sorry. Nobody cares about your IRA and you can’t pay rent with that.

The move here is getting a co-signer or finding another landlord who is more flexible. They exist. Smalltime property owners will usually be more open than managed buildings that have strict policies.

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Ornery_Ear_5613 t1_iznru15 wrote

I am a mom and pop landlord and can attest. We are more flexible on qualifying but still, at the end of the day we don’t want a situation where you pay rent and have to live an extremely austere lifestyle because of it. Over time that is unsustainable and forces a decision to pay rent or prioritize other expenditures. It’s not good for either party. Honestly just because you are willing to spend 50% of your take home and have some savings doesn’t mean it’s a good idea. I think sharing an apt, a co-signer or moving far from your preferred location are some solid options.

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thatpurplelife t1_iznw2mc wrote

Agreed. Plus what happens if they are hit with sky high utility bills or unforseen medical or car issue? There's no room to pay everything

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some1saveusnow t1_izp1vv9 wrote

Rent starts coming in late, items start accumulating, oddly. I think people are less willing to get rid of certain items like an old bike for example cause it might be needed eventually. Eventually a delayed payment plan is requested

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ChickenNoodle519 t1_izo0240 wrote

Have you considered getting a real job instead of leeching off other peoples paychecks? Or simply charging less rent?

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Wtf_is_this1234 t1_izo3k0s wrote

I'm going to go out on a limb here and guess you've never actually owned property.

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ChickenNoodle519 t1_izo8dj4 wrote

No shit, the landleeches keep hoarding it

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RMR6789 t1_izpgjou wrote

There are actually people that prefer to rent and not buy homes. There are also landlords who have 1 or 2 properties and still work full time jobs. Just saying…

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