Check it:
We’re living in California.
The houses in our area have dropped tremendously, rent wise.
One of us is making $2,400 a month,
I’m making $300
and the third is making $400.
Aside from the obvious, a house requires it’s own necessities like water and power, yeah I know. My basic question is, how hard is it to rent a house? Not buy. Rent.
The house we’re interested in is approximately $2,000 a month.
Quick House Sale
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#1 by Jeronimo Rock Hopper at June 2nd, 2009
So you have $3,100 a month?
Rent shouldn’t be more than like 1/3 how much you make. You still have to pay bills like electricity and gas and parking and cell phone and internet. Just to maintain.
So don’t rent a place more than $1,000.
All the other bills.
All the things you need to buy.
All the things you want to buy.
#2 by Eddie at June 3rd, 2009
Renting a house is easy if the income of everyone on the lease = 3 times rent. If you don’t make 3 times the rent all together, renting is very difficult.
#3 by †Ask Me Anything† at June 6th, 2009
It would not only be HARD, but impossible for you and your cohorts to rent a house that is 2000 a month. You state that all 3 of you only bring in 3100 a month. Your rent should only be around 1000. If the landlord was dumb enough to rent to you, he better have his eviction papers ready, because unless one of you get a huge increase in your income, you are going to slowly, but surely fall behind, and find you cannot afford this place. Then, you will be back on YA asking, “How hard is it to break a lease…”
Find a cheaper place, this one is out of your reach financially, and would strap you for cash every month.