Re: - Landlord Forum thread

Re: by Jake on April 24, 2012 @12:23

A big problem is the huge number of people who claim to be married but actually are not or at least married to each other. If the marrieds both have driver's licenses in different names that tells you something. But even with marrieds you need to qualify both. They both need employment, credit and the ability to pay rent. Even with that, chances are good that they will eventually split. The one that can not afford to pay rent is always the one you are left with.

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Re: by P-Bone in WNY (NY) on April 24, 2012 @12:40	[ Reply ]

Although I agree with your logic, I treat applicants the same way that the IRS does. As Micah stated, if they are married, I count them as one. If I require 3x the rent, then as long as combined a married couple passes screening, then they are ok. For unmarried persons, each individual must qualify separately as if they were applying alone. My logic is as follows: 1. First is the rules of the IRS and the way they treat income. 2. Unmarried couples have no legal binding to one another. 3. Married couples have a legal binding that includes financial affairs. That way, in the event of a divorce, courts will take action with regard to financial status. For an unmarried couple, no such recourse exists.

Re: by Jake on April 24, 2012 @13:55	[ Reply ]

"I agree with your logic." My point was that most marrieds are not actually married.