hello i see there is alot of first time apartment questions well here is mine?

Question

i right now live at home in iowa with my parents where i have lived my whole life iam planning to just pick up and move to denver for a couple of reasons
when i first get to denver iam planning to stay in a hotel and in no time start searching for a job and a apt well anyway my questions or concerns are when applying for an apartment hopefully will have found some sort of low paying job how will that look to the landlord that i just move here and just started a new job also have no credit history and a first time renter i do however have some money save up in a banking account want do you think my chances are or is there anything i could do to help my chances i mean obviously going to be apllying for low rent apartments what do think

i also am 20 years old and have a good work history

Answer 1

We had a horrible time finding one for my kids when they moved out and ended up renting a house from an individual. I will depend on each apartment owner's rules. I think some of them will let your parents sign with you if you are under 21.

Answer 2

Well, as an apartment community manager in downtown Denver, you shouldn't have too much trouble. This is what you need to do.

1. See if your parents will co-sign or be signers on the lease for you. This will help you get an apartment because your parents will be held responsible if you don't pay your rent.

2. If your parents won't co-sign for an apartment, it's going to depend on your credit and how much you have saved. If you have no credit history, it's better than having bad credit history. If you have no credit history, you may be required to pay 1 months' rent as a deposit in addition to the usual deposit (anywhere from $100 to $500). If you have enough saved to pay the rent for the next year, you'll be fine.

3. If you don't have enough money saved to pay the rent for a year, you're going to be in trouble. Because most places will want you to have an income of at least 3x the rent, and if you don't have a job, you have no proof you can pay.

You may be able to qualify for a tax-credit apartment program, which I have at my community. All utilities except electric (and cable TV, phone and internet) are included, but if you're coming from Iowa, you're going to be shocked at rent prices in Denver and the surrounding metro area. Shoot me an email at [e-mail] and let me know what your budget is, and I'll try to help you figure out what you can do.

Answer 3

Been there; done that. I was 21 and I moved to Colo Spgs. with little money and no job. I went with a friend and we got a room in a rooming house, rented by the week and we shared the rent. Then we went job hunting. We did get low-paying (waitress) jobs the first week and we didn't starve. Hotels are too expensive. Sleeping rooms are much cheaper. We had a room in the house of an elderly couple whose children had grown and left home so they were used to young people. And we were quiet and neat.
Now for the kicker: this whole arrangement lasted 6 weeks.

Answer 4

When you apply for apartments, they check your credit. Unless it's a shady, low rent hole in the wall. (That's how I got my first apartment at 18, lol) So if you want to live in a decent area in a decent apartment, count on your credit being checked. Not having credit makes renters nervous unless they specifically deal with first time renters.

Another thing, Denver is expensive. I was recently offered a promotion and to be moved to Denver(I live in Houston,TX) but the cost of living there is more than it is here. My mother also lives there and she has told me about the significant difference in prices from everything to clothes down to crackers. It's beautiful there, just expensive.

Do LOTS of research before you even attempt this. You have access to the internet, so use it to look at price differences, wages, jobs and apartment complexes.

Good luck.

Answer 5

Your best bet will be to apply to rent an apartment that is managed by the owner. Explaining that you are just starting out but want to succeed as an adult will make a good impression. Stress your intentions of taking good care of the property by keeping it neat and clean. Landlords want to hear that you will respect their property and pay the rent on time. If you plan to rent in a multi-unit space it wonlt hurt to point out what a quiet person you are too.

Answer 6

Begin by starting to use punctuation. I do not say this to be coy; its essential if you are going to fill out rental and job applications.

Other than that, I feel you have a bad plan if you have no money saved up for first and last months rent. You need to try and stay with a family member or a friend first and then get your feet on the ground. Or else stay at your folks home until you have the cash saved.

Answer 7

2 years ago, my brother got a job offer here in Denver, but he had to be here in 2 weeks. He went online to Rent.com and found a nice apt. It was ready for him and his family when he got here. The deposits here are very low, around 100 bucks and rent is pretty reasonable. Most apt managers want to rent their apts so they will give you good deals. There are lots of places to rent right now, my complex has about 10 open apts now. you shouldnt have any troble finding a place. check out rent.com and good luck and welcome to Denver!

Answer 8

Living in a hotel while looking for a job is going to be quite expensive. I would suggest finding a job first and then moving. It would also look better to the landlord if they could see that you have a job instead of looking.

Answer 9

No credit is better than bad credit. They look for the length of time spent at each job (if you're a job-hopper) and usually want both first and last months rent. You should be fine

Answer 10

I think you have a good chance b/c the land lord will look at it like they are helping you b/c if you are unable to rent you will have to travel so far to go back, and they know you know that so they figure you will be a good tenet. Your age should not have anything to do with it you are over 18.