“Credit and criminal background checks required, along with proof of income (3x rent required). If you don’t pass, you don’t get to move in.”
When I use to rent I had to come up with ‘first month, last month, and a very big security/cleaning deposit.’
Is that still required? Is it legal in Ca.?
You can do that in LA. Don’t know about other states. But even a full month’s damage deposit doesn’t begin to cover what some folks are capable of doing. They will strip the copper right out of your walls.
When I use to rent I had to come up with ‘first month, last month, and a very big security/cleaning deposit. Is that still required? Is it legal in Ca.?
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I’m still in CA due to family obligations. No, renters can’t charge like that anymore. It was the standard for decades, but several years ago the law was changed to First month’s rent and security deposit only. Basically, move in costs went from 3x to 2x rent. Much easier to move now. That rent is equal or less than 1/3 of gross income is still the standard requirement... so if you gross $46K a year, you qualify for an average one bedroom apartment at $1,300 per month. Keep in mind that at $46K gross, Californianos pay over 30% in State and Federal withholding. So that Rent requirement is roughly 1/2 of net income.... when rent is 1/2 of your income, its hard to get ahead. In the 80’s and 90’s you could raise a family on $50k, now you’re a modest single guy.