Hello - just wondering if anyone verifies employment / income when renewing a lease?
I don't normally but after the last tenant that left I will probably start. I know that when my mom was in section 8 housing she had to bring proof of income every year.
@Holly Prokop why do you ask? Did you just get burned by a tenant at lease renewal?
When renting I've never been asked to show proof of employment once I've signed the initial lease. If you're getting paid regularly and the tenant had a job when she started with the previous lease I'm not sure it matters.
I was a LL for 15yrs and I always asked for proof of employment. They should have at least 3 times the rent in income and be working at the same place for at least 2 years. Some LL may require 3 or more.
If the tenant in question has always paid on time then why bother checking their current employment?
thanks to all for the input.
I have not had any bad experiences to speak of. I'm just wondering how others address it at renewal and why.
If they've been paying on time I don't really bother with it. If they've been shakey then I might consider
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