Maybe you were downsized or you moved to a new town to get a fresh start. Regardless of the reason, you find yourself in the unenviable position of needing to secure an apartment during a period of unemployment. While your chances of successfully getting a place are significantly reduced in this situation, there are a few ways you may be able to get a landlord to take a chance on you.
Try a Short-Term or Month-to-Month Lease
A landlord may not be willing to enter a year-long lease contract with you, but he or she may be amendable to renting to you on a month-to-month or quarter-to-quarter basis. This gives them more control over the situation. For instance, instead of having to wait an entire year to ask you to leave if you prove to be an undesirable tenant, the landlord can simply ask you to vacate at the end of the month or when your three-month lease concludes.
The person may be even more swayed if you can pay most or all of the rent for those months. For instance, offering to pay two-month's rent in advance on a month-to-month lease may soften the landlord's resolve enough that the person takes a risk. Another thing that may work in your favor is presenting references from previous landlords showing you were a good tenant. This may alleviate your potential landlord's fears that you'll end up being a deadbeat.
Find an Employed Roommate or Cosigner
Another option is to find an employed person who is willing to be your roommate or cosigner on the lease. In this particular case, it likely won't matter if you were employed or not. As long as the person makes enough money to qualify for any income restrictions or requirements and at least one of you has decent credit, the landlord will probably proceed with the rental as normal.
This is because if you do end up bailing on the rent, the landlord can go after the other person for the money. However, make sure you get the apartment with someone who is responsible. The last thing you want is to have the person skipping out on you and leaving you with the rent bill.
Sublease an Apartment
A third option is to sublease an apartment for awhile. The landlord who owns the apartment may be strict about income requirements, but the person subleasing the place may be more lenient if you can at least pay for the first month or two of the sublease. This is a good temporary option that can provide you with enough time to find a job and qualify for your own apartment.
For more ideas on renting apartments while unemployed or assistance finding a place in your area, connect with a leasing agent, like the ones found at Jolan Properties Inc.Share