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Message
When renting, is it normal for the deposit to be the same amount as monthly rent
Posted on 8/18/16 at 1:50 pm
Posted on 8/18/16 at 1:50 pm
For instance, I'm looking at moving into a new house. I'm young and broke, so I'm renting. The monthly rent is $1200, and the "security deposit" is also $1200. That seems like a lot of money to put down, and is really hard to come up with $2400 for one month. Maybe (definitely) i'm just broke, but it DON'T SEEM FAIR MAN
43
Posted on 8/18/16 at 1:51 pm to AU_251
yes
Posted on 8/18/16 at 1:51 pm to AU_251
yes
You are lucky. It is often first and last month's rent.
You are lucky. It is often first and last month's rent.
This post was edited on 8/18/16 at 1:52 pm
Posted on 8/18/16 at 1:52 pm to AU_251
Yes, welcome to the real world.
Posted on 8/18/16 at 1:52 pm to AU_251
this is run of the mill around lsu. makes things real difficult for those of us with no financial help. just this month i had to pay 5600 in tuition, 1200 in rent and deposit. not to mention the arse raping I'm going to catch on books next week
Posted on 8/18/16 at 1:52 pm to AU_251
Yes, some times you have to do butt stuff too.
Posted on 8/18/16 at 1:53 pm to AU_251
That's pretty normal.
$1200 deposit isn't that much for a little insurance against (1) you tearing shite up and (2) you breaking the lease, not giving required notice so the landlord is left without a paying tenant unexpectedly. Basically insures he has a month to find someone else before losing money.
$1200 deposit isn't that much for a little insurance against (1) you tearing shite up and (2) you breaking the lease, not giving required notice so the landlord is left without a paying tenant unexpectedly. Basically insures he has a month to find someone else before losing money.
Posted on 8/18/16 at 1:53 pm to AU_251
Yessiree
Posted on 8/18/16 at 1:53 pm to AU_251
quote:
monthly rent is $1200
quote:
is really hard to come up with $2400 for one month
maybe you should find something more affordable if this is the case
Posted on 8/18/16 at 1:53 pm to baseballmind1212
quote:
just this month i had to pay 5600 in tuition, 1200 in rent and deposit. not to mention the arse raping I'm going to catch on books next week
Posted on 8/18/16 at 1:54 pm to Teddy Ruxpin
Usually either or.... buttstuff or one full months rent deposit. OP will just need to read the lease agreement carefully.
Posted on 8/18/16 at 1:54 pm to AU_251
They have $99 move in specials in the poor areas.
Posted on 8/18/16 at 1:54 pm to AU_251
For privately held condos or houses, yes. Apartments and that is outside the norm. Usually it's $100-$500 depending where you're at.
Posted on 8/18/16 at 1:54 pm to AU_251
Yes, sometimes higher
Posted on 8/18/16 at 1:56 pm to AU_251
Renting to students is risky for the owners since they usually have no credit history to report.
It's always a bad sign when a tenant puts up a fuss about the deposit. Shows you probably don't have the means to afford the rent on a monthly basis.
As a student, you are paying too much for housing. Find a cheaper place or find roommates.
It's always a bad sign when a tenant puts up a fuss about the deposit. Shows you probably don't have the means to afford the rent on a monthly basis.
quote:
monthly rent is $1200
As a student, you are paying too much for housing. Find a cheaper place or find roommates.
This post was edited on 8/18/16 at 1:58 pm
Posted on 8/18/16 at 1:56 pm to AU_251
yep
sometimes they want first, last, and deposit
so
1200 x 3 = 3600$
sometimes they want first, last, and deposit
so
1200 x 3 = 3600$
Posted on 8/18/16 at 1:58 pm to AU_251
I guess houses are different, but our apartment rent is 1100 and our deposit was like 250 and these are probably the second nicest apartments in little rock
Posted on 8/18/16 at 1:58 pm to lowspark12
quote:
Usually either or
Just pulled out my old lease. It says "OR" not "AND." Those landlords can be sheisty!
Posted on 8/18/16 at 1:58 pm to AU_251
quote:
I'm looking at moving into a new house. I'm young and broke, so I'm renting. The monthly rent is $1200,
Maybe rent a cheaper place. maybe suck it up and live in an apartment for a while with cheaper rent.
Posted on 8/18/16 at 2:00 pm to baseballmind1212
Textbook pdf's baw
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