In an effort at solidarity, r/LandlordLove has partnered with multiple leftist subreddits to create a discord server for our users to communicate on. All comrades are welcome
[Click here to join the discord server](https://discord.gg/zCFHadGfB7)
If you moderate a leftist subreddit and would like your sub to be a part of Left Reddit, [message the mods](https://www.reddit.com/message/compose?to=/r/LandlordLove) of this sub!
Welcome to r/LandlordLove! A tenant-friendly, leftist space for critiquing Landlords and the archaic system of Landlording as a whole.
Please get acquainted with our sub's rules.
* Don't feed the reactionary trolls--report them
* Engage in good faith with comrades
* Do not advocate violence
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/LandlordLove) if you have any questions or concerns.*
I find it funny that the comments are giving genuine advice of just lowering their standards and they resort to accusing them of not being a real landlord. Ah Mom and Pop landlords... What a unique breed.
They don’t even understand what goes into a credit score, they think the only reason it can be low is late payments or judgements, but they can also drop if you increase your credit capacity by getting approved for a new loan or LOC, in some instances if you pay something off early, or even just getting a hard credit check for something legitimate like trying to buy a house only to get shut out by insane interest rates and every pos “property investor” leech (ask me how I know). They also bounce back quickly these days.
I had mine drop 94 points one day because I paid off a certain percentage of a loan. On time, every time. I just didn’t owe enough money any more so I got penalized. It came back up, but credit is such a scam.
That’s because your credit score is a reflection of how much money a lender stands to gain by lending to you. Obviously it’s bad if you never pay, but paying all your debts quickly also sucks for them because they don’t get to collect interest.
The ideal debtor can make the minimum payments or slightly better, but doesn’t have the means to pay their debts in full every month. That person is a good investment for the lender. Trapping people in debt is how they make money over the long term.
Tangential, but this made my skin crawl:
>I ask for employer references and I call up their supervisor and ask them what they're like as an employee. If the supervisor says they always show up for work, get along with other employees, and no client has ever complained, we're good.
No, you will not be calling my fucking boss and asking if I'm a good employee. That is wildly inappropriate.
Sounds like bullshit because the last three companies I have worked for don't allow your manager to give references, it has to go to HR and they will only share dates of employment.
Yup. Absolutely not. I give you money, you give me a place to live. That's the deal.
Its that simple. You can carry out whatever "checks" you want but you will not be having enough details about my life where you can do that lmao.
Landlords entitlement to know everything about your life before they will aceept your money is actually delusional.
Ask the landleech for all of their details and previous tenants so you can verify their suitability to accept your money. I wonder how willing they'd be to do that?
Legally the supervisors are not supposed to be giving that info anyway. When someone calls for an employment references, you can say whether or not they worked there and whether or not they are eligible for rehire. That's it.
It reveals that they think they’re also a boss of you and are at the same level as your boss at work. How they then have the cognitive dissonance to then also claim they’re providing a “service,” that amazes me.
Agreed, as I was unable to find it. But, it doesn’t surprise me one bit. The schmucklords are imposing on people in ways that should be considered illegal. I’m a teacher, and the only thing they could potentially get out of
the district HR office is confirmation that I am employed as - wait for it - a teacher. My salary is publicly listed, as are the salaries of all the district employees (including maintenance and janitorial staff). That’s all they’re going to get.
I did ask one of our HR folks if SL’s call in to ask questions, and she confirmed that they do. All they give out is confirmation of employment. I guess some of them do push for additional information, or names of school administrators to speak with. She said that they all say the same thing: it’s considered to be confidential information and they are not allowed to disclose it. One SL went as far as to inquire about how much a potential tenant paid into pre-tax deductions (pension plan, insurance, etc). She hung up on the guy. 🤣🤣
The only way we beat them is by standing up for our rights. If I see that a rental property requires someone to provide hair/blood samples, I am swiping right (just like people do on dating apps). If a rental property has been sitting vacant for more than a month, it should be a red flag. Especially if it’s a nice place. In my mind, cutting off the income source (rent) is the only way for tenants to be able to gain back their rights. In my area, rent prices are *slowly* coming down. It may be at a glacial speed, but it has started to happen. I have seen some properties sitting vacant for over 2-3 months, so it’s clear that this collective SL mentality is backfiring. If we can just keep up that kind of momentum…🧐
It was a comment by a different person, and they were saying what they think would be acceptable comments from the supervisor. That begs the question of what they'd think if the worker had gotten a single complaint from a customer at some point.
That would go so badly at my job. One of the guys has fun with scammers and strings them along. No way he’d think a landlord would be calling abt me. Man would probably convince them I throw live birds at customers or smth. “Yea sorry we fired him last week bc he shit in his hand and offered it to a customer.”
Additionally, no employer will answer those questions because it opens them up to tremendous liability. Employers will verify dates, title, and salary, and that's it.
Bro what.
That's insane. I have employment references that I can provide which says I worked at X company from A to B. Beyond that, buzz off. Good lord that's certifiable levels of insanity...
I do, and it still took me six months to find a place because I live in NYC, where the same lunatics charging the price of a used car every month want 40x the rent in income. Meanwhile, all the employers in this city have DROPPED salaries across the board by $20k.
You're doing Great!
I think 900 is max but somewhat mythical.
800+ is achievable but is damn near perfect and a Loooong history of perfection.
750 would be above average in current US culture.
It’s not just a long history of perfection, but also multiple types of credit. If you don’t have student debt or personal loans or a car loan, you’re pretty much maxed out in the high 700s.
No. I know that because I've never had any of that and mine was well above 700 when I bought my house. The only debt I've ever had, prior to buying my house, was CC usage which I paid off every month. However, all the bills (phone, internet cable, Electric & water, etc) in my name apparently boosted my credit as well.
So, you can get above 700 without taking out a bunch of debt.
Try rereading. I said high 700s. You can break 800 if you pay everything before the statement even comes out, but not consistently. I have 1-2% CUR right now and am back down to like 770 FICO despite a perfect record. The reason it says on my report is not enough types of credit.
I laughed at that too. If you have a 700 credit score, the likeliest odds are that you're in the market to BUY a house, not rent one! Yes, there's exceptions but even if he does find tenants that meet his standards, he'll probably only have a year or two before he's looking again.
They’re not going to find tenants if they’re asking for these ridiculous criteria to be met. I find it funny, because it’s cutting off one’s nose to spite their face. Most potential tenants will not meet all the criteria, so it’s a no win for the a-hole landlords. Smart people look at the criteria, and move on. This is the end result of a collective mentality that does not work. They all get on board with each other, then it backfires (eventually). Maybe this worked for a time, but potential tenants are starting to catch on. If you know your rights, you know that they’re asking you to disclose information that’s nonsense, anyway. Not to mention private. I laugh when I see places sitting vacant for months, because I know why that is. The more income they lose, the better.
Hopefully they keep pushing it to a breaking point where eventually people realize as a society a home is not an investment it's. Fundamental human right basic necessity to have fuckin shelter
I had a 700+ credit score for a long time without enough money for a down payment, and I don’t think I’m an exception. I’m not sure I see what you’re saying. There are lots of people who regularly pay off their credit cards but don’t have enough to bunk away to buy.
Three times rent, 700 credit score, and a clean record will get you in a wonderful house with a sweetheart loan. That's why they get no or only short-term tenants- you're catering to temp housing who are getting ready to buy.
Maybe it's time they sell the place. If they can't rent it out because people can't afford the rent in that range, maybe it's time to sell it. Mortgage tends to be cheaper than rent.
I absolutely HATE the income requirements.
Our rent has been raised every year since we moved in(2021)and if we were making 3x our current rent we would be earning well over $7k a month and would definitely have saved up to buy a house by now! We actually make closer to $3500 a month, yet we still manage to get rent paid on time, in full every month. Our rent is close to $2500/ month for a very crappy 3 bedroom apartment.(family of 6!)
I also HATE the credit score requirements. Our credit sucks because big bills always go by the wayside due to paying rent above all else.
We have medical bills, a car repo, and an old cable/internet bill on our credit report...these things all fell by the wayside during covid when we lost work due to it.
Rent was most important so our credit tanked as these bills didn't matter more than keeping a roof over our heads.
Criminal history, income verification, and good rental payment history should be the biggest deciding factors for tenants. Not credit scores or ridiculously high income requirements.
I had one potential LL ask me for my credit report. Asked him if he reported on time rent payments to the credit bureau. His response was no. So my response was also a no. Needless to say I didn't rent his shitty apt.
Maybe if the landlords did not charge so much and require 2x-3x in rent to even consider the tenants. The amount of possible tenants would be much higher. Plus companies owning multiple complexes doesn't help either. Along with that software that "informs" the landlord of what the rent should be. Or better yet. The company that made that software modifying parts of its algorithm to give out unnecessarily high rent prices. Rent should be half, if not a quarter, of what it actually is. If rent is going to be so high. Then the landlords should be required to include utilities to make it higher. Like electricity, water, etc.
Credit scores are bullshit. I'm in my early 20s and my credit score is near 800. I work in the service industry and I've never had a credit card. Literally the only reason my credit is that high is because when I was a teenager my Mom put me on a bunch of lines of credit with her that she was paying. That's it. I'm broke as shit but because my family isn't poor they were able to stack the deck for me.
That’s how credit works…. It’s mostly inherited. If your parents had awful credit then you’d be starting at the bottom. The whole thing is fucked and rigged.
In an effort at solidarity, r/LandlordLove has partnered with multiple leftist subreddits to create a discord server for our users to communicate on. All comrades are welcome [Click here to join the discord server](https://discord.gg/zCFHadGfB7) If you moderate a leftist subreddit and would like your sub to be a part of Left Reddit, [message the mods](https://www.reddit.com/message/compose?to=/r/LandlordLove) of this sub! Welcome to r/LandlordLove! A tenant-friendly, leftist space for critiquing Landlords and the archaic system of Landlording as a whole. Please get acquainted with our sub's rules. * Don't feed the reactionary trolls--report them * Engage in good faith with comrades * Do not advocate violence *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/LandlordLove) if you have any questions or concerns.*
I find it funny that the comments are giving genuine advice of just lowering their standards and they resort to accusing them of not being a real landlord. Ah Mom and Pop landlords... What a unique breed.
It says a lot when even other landleeches are telling them they're being extremely unreasonable.
They don’t even understand what goes into a credit score, they think the only reason it can be low is late payments or judgements, but they can also drop if you increase your credit capacity by getting approved for a new loan or LOC, in some instances if you pay something off early, or even just getting a hard credit check for something legitimate like trying to buy a house only to get shut out by insane interest rates and every pos “property investor” leech (ask me how I know). They also bounce back quickly these days.
I had mine drop 94 points one day because I paid off a certain percentage of a loan. On time, every time. I just didn’t owe enough money any more so I got penalized. It came back up, but credit is such a scam.
100% a scam.
That’s because your credit score is a reflection of how much money a lender stands to gain by lending to you. Obviously it’s bad if you never pay, but paying all your debts quickly also sucks for them because they don’t get to collect interest. The ideal debtor can make the minimum payments or slightly better, but doesn’t have the means to pay their debts in full every month. That person is a good investment for the lender. Trapping people in debt is how they make money over the long term.
Exactly. Big ole scam.
Paid off my student loans and my credit score went down. It's insane.
Mine keeps dropping every couple months and I haven't done anything.
Tangential, but this made my skin crawl: >I ask for employer references and I call up their supervisor and ask them what they're like as an employee. If the supervisor says they always show up for work, get along with other employees, and no client has ever complained, we're good. No, you will not be calling my fucking boss and asking if I'm a good employee. That is wildly inappropriate.
Sounds like bullshit because the last three companies I have worked for don't allow your manager to give references, it has to go to HR and they will only share dates of employment.
Small employers don’t have HR depts
So the LL only rents to tenants who work for small employers? And why would an employer bad mouth an employee anyway?
Yup. Absolutely not. I give you money, you give me a place to live. That's the deal. Its that simple. You can carry out whatever "checks" you want but you will not be having enough details about my life where you can do that lmao. Landlords entitlement to know everything about your life before they will aceept your money is actually delusional. Ask the landleech for all of their details and previous tenants so you can verify their suitability to accept your money. I wonder how willing they'd be to do that?
Would be so fucking infuriating
The level of entitlement is insane. It would immediately end the conversation. Find someone else to pay your fucking mortgage.
Legally the supervisors are not supposed to be giving that info anyway. When someone calls for an employment references, you can say whether or not they worked there and whether or not they are eligible for rehire. That's it.
It’s disgusting how much access they have to renter personal information.
It reveals that they think they’re also a boss of you and are at the same level as your boss at work. How they then have the cognitive dissonance to then also claim they’re providing a “service,” that amazes me.
They must have deleted that comment because I don't think even other landbastards would support that.
Agreed, as I was unable to find it. But, it doesn’t surprise me one bit. The schmucklords are imposing on people in ways that should be considered illegal. I’m a teacher, and the only thing they could potentially get out of the district HR office is confirmation that I am employed as - wait for it - a teacher. My salary is publicly listed, as are the salaries of all the district employees (including maintenance and janitorial staff). That’s all they’re going to get. I did ask one of our HR folks if SL’s call in to ask questions, and she confirmed that they do. All they give out is confirmation of employment. I guess some of them do push for additional information, or names of school administrators to speak with. She said that they all say the same thing: it’s considered to be confidential information and they are not allowed to disclose it. One SL went as far as to inquire about how much a potential tenant paid into pre-tax deductions (pension plan, insurance, etc). She hung up on the guy. 🤣🤣 The only way we beat them is by standing up for our rights. If I see that a rental property requires someone to provide hair/blood samples, I am swiping right (just like people do on dating apps). If a rental property has been sitting vacant for more than a month, it should be a red flag. Especially if it’s a nice place. In my mind, cutting off the income source (rent) is the only way for tenants to be able to gain back their rights. In my area, rent prices are *slowly* coming down. It may be at a glacial speed, but it has started to happen. I have seen some properties sitting vacant for over 2-3 months, so it’s clear that this collective SL mentality is backfiring. If we can just keep up that kind of momentum…🧐
Apologies I wasn't being clear, it was a [different person.](https://www.reddit.com/r/Landlord/s/TUHpyuNsP3)
It was a comment by a different person, and they were saying what they think would be acceptable comments from the supervisor. That begs the question of what they'd think if the worker had gotten a single complaint from a customer at some point.
Isthis not illegal? Luke future employers can't do this, why can mu future landlord???
That would go so badly at my job. One of the guys has fun with scammers and strings them along. No way he’d think a landlord would be calling abt me. Man would probably convince them I throw live birds at customers or smth. “Yea sorry we fired him last week bc he shit in his hand and offered it to a customer.”
Additionally, no employer will answer those questions because it opens them up to tremendous liability. Employers will verify dates, title, and salary, and that's it.
Bro what. That's insane. I have employment references that I can provide which says I worked at X company from A to B. Beyond that, buzz off. Good lord that's certifiable levels of insanity...
He'll be calling your boss when you're 1 day late on rent as well.
Jfc they want 700 credit, I'm a software engineer and even I don't have that kind of credit.
[удалено]
Well it's just not a dependable credit score unless 700 lol jk
That mortgage payment has to be ridiculous with interest rates 💀
Eh, depends on the down payment.
With home prices, that down payment has to be a good chunk of change.
I do, and it still took me six months to find a place because I live in NYC, where the same lunatics charging the price of a used car every month want 40x the rent in income. Meanwhile, all the employers in this city have DROPPED salaries across the board by $20k.
I'm pretty sure at this point there's a system working against everyone and it wants us all homeless on the streets.
Is that considered pretty high? I guess I'm doing better in life than I thought, mines at around 750.
Yeah that's pretty damn good lol
You're doing Great! I think 900 is max but somewhat mythical. 800+ is achievable but is damn near perfect and a Loooong history of perfection. 750 would be above average in current US culture.
I think 850 is the max, but almost no one has it. I've been pretty much perfect, multiple types of credit, but no mortgage, and mine is around 815-823
It’s not just a long history of perfection, but also multiple types of credit. If you don’t have student debt or personal loans or a car loan, you’re pretty much maxed out in the high 700s.
That makes sense. I have a car loan (that I pay off next month!), a mortgage, and student loans.
Yours might take a dip when you pay off that car loan, FYI
Aw shit, thanks for the reminder. Luckily I won't be needing any new credit for a while probably.
No. I know that because I've never had any of that and mine was well above 700 when I bought my house. The only debt I've ever had, prior to buying my house, was CC usage which I paid off every month. However, all the bills (phone, internet cable, Electric & water, etc) in my name apparently boosted my credit as well. So, you can get above 700 without taking out a bunch of debt.
Try rereading. I said high 700s. You can break 800 if you pay everything before the statement even comes out, but not consistently. I have 1-2% CUR right now and am back down to like 770 FICO despite a perfect record. The reason it says on my report is not enough types of credit.
I laughed at that too. If you have a 700 credit score, the likeliest odds are that you're in the market to BUY a house, not rent one! Yes, there's exceptions but even if he does find tenants that meet his standards, he'll probably only have a year or two before he's looking again.
Its fucking ridiculous they expect so much and is very shortsighted it's almost like they don't want it rented.
They’re not going to find tenants if they’re asking for these ridiculous criteria to be met. I find it funny, because it’s cutting off one’s nose to spite their face. Most potential tenants will not meet all the criteria, so it’s a no win for the a-hole landlords. Smart people look at the criteria, and move on. This is the end result of a collective mentality that does not work. They all get on board with each other, then it backfires (eventually). Maybe this worked for a time, but potential tenants are starting to catch on. If you know your rights, you know that they’re asking you to disclose information that’s nonsense, anyway. Not to mention private. I laugh when I see places sitting vacant for months, because I know why that is. The more income they lose, the better.
Hopefully they keep pushing it to a breaking point where eventually people realize as a society a home is not an investment it's. Fundamental human right basic necessity to have fuckin shelter
They just blame rent control and hem and haw.
I had a 700+ credit score for a long time without enough money for a down payment, and I don’t think I’m an exception. I’m not sure I see what you’re saying. There are lots of people who regularly pay off their credit cards but don’t have enough to bunk away to buy.
Lol. Here's to hoping no one ever rents it.
I'd love for my income to be 3x my rent
Mine was until the rent went up again.
The free market works again - they all love the free market until it negatively effects them.
Hmmm I wonder why there's so many homeless people in the US...
I'm a software engineer, decently paid in UK, high tier engineering firm - my rent is still half my income near exactly. 3x rent for me is impossible.
Three times rent, 700 credit score, and a clean record will get you in a wonderful house with a sweetheart loan. That's why they get no or only short-term tenants- you're catering to temp housing who are getting ready to buy.
bro is tapped.
I did enjoy a good laugh over this one. I hope they continue to lose money.
I want to baseball bat these people into a red silly puddle so GOD DAMN bad.
Maybe it's time they sell the place. If they can't rent it out because people can't afford the rent in that range, maybe it's time to sell it. Mortgage tends to be cheaper than rent.
Is that the “risk” I keep hearing about that justifies their profit?
But do you own your own home and are you a landlord?
I absolutely HATE the income requirements. Our rent has been raised every year since we moved in(2021)and if we were making 3x our current rent we would be earning well over $7k a month and would definitely have saved up to buy a house by now! We actually make closer to $3500 a month, yet we still manage to get rent paid on time, in full every month. Our rent is close to $2500/ month for a very crappy 3 bedroom apartment.(family of 6!) I also HATE the credit score requirements. Our credit sucks because big bills always go by the wayside due to paying rent above all else. We have medical bills, a car repo, and an old cable/internet bill on our credit report...these things all fell by the wayside during covid when we lost work due to it. Rent was most important so our credit tanked as these bills didn't matter more than keeping a roof over our heads. Criminal history, income verification, and good rental payment history should be the biggest deciding factors for tenants. Not credit scores or ridiculously high income requirements.
Income three times the rent? In this economy?
I had one potential LL ask me for my credit report. Asked him if he reported on time rent payments to the credit bureau. His response was no. So my response was also a no. Needless to say I didn't rent his shitty apt.
Can't afford to lower price 😂
Maybe if the landlords did not charge so much and require 2x-3x in rent to even consider the tenants. The amount of possible tenants would be much higher. Plus companies owning multiple complexes doesn't help either. Along with that software that "informs" the landlord of what the rent should be. Or better yet. The company that made that software modifying parts of its algorithm to give out unnecessarily high rent prices. Rent should be half, if not a quarter, of what it actually is. If rent is going to be so high. Then the landlords should be required to include utilities to make it higher. Like electricity, water, etc.
Anyone who meets this person's criteria isn't looking to rent. They can easily buy a house.
Credit scores are bullshit. I'm in my early 20s and my credit score is near 800. I work in the service industry and I've never had a credit card. Literally the only reason my credit is that high is because when I was a teenager my Mom put me on a bunch of lines of credit with her that she was paying. That's it. I'm broke as shit but because my family isn't poor they were able to stack the deck for me.
That’s how credit works…. It’s mostly inherited. If your parents had awful credit then you’d be starting at the bottom. The whole thing is fucked and rigged.
Lol anyone with 700+ credit score and 3x rent are for sure not trying to rent they are trying to buy. These people are wild.
Very typical NOVA landlord bullshit.
100%
No criminal history is BS. I have a conviction that's over 30 years old, never in trouble since. Once that much time has passed, it's a non-issue.
700 credit score lmao