My name is Rose Jones business women and entrepreneur with a back ground in mortgages.
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To began I never ever thought I would see rent rise like this and most likely you either, it's crazy.
I have clients who have told me their rent went up from $1,300.00 to $1,400.00 and the only reason its that low is because they are long time residents. The rents for a 2 bedroom now in her complex for new client are showing $1,900 - $2,400.. not sure why the big difference is.
If your already renting and your new lease has not come to you yet...prepare for the shock of a life time, there is not much you can do. Some people say "I will move", well be prepared for high deposits and high rent, it going to be a bumpy ride. Landlords and rental company's are taking advantage of the housing shortage and people skipping out on paying did not help any.
People took advantage of the rent moratorium by not paying their rent and the landlords or apartments are taking advantage of that by trying to re-coup money lost. If at this time people need to really get a hold of their credit report because if you moved out of an apartment before being evicted its still going to go on your credit report. That rental will show as a broken lease or an apartment name and all money owed so your not out of the woods, If you get evicted that's worst because its so hard to rent with it on your credit.
Remember when applying for a rental your application is in line with others and you better make it look good. Look at your credit score, are there any negative items on there if so take care of them if at all possible don't wait. Bump up your score by asking a family member to add you to their credit cards, its called piggy backing, ask if the apartment you pay too can report your past and recent payment history. There are companies out there that will report your rent payment history for a fee, you need to find out if your landlord or leasing company will provide that to them. Now keeping in mind this is like paying a mortgage so you need to be on time with all payment for your rent, they can go back up to 2 years. If all else fails I can provide you a tradeline which can help you raise your score for home buying or rental.
Right at this very moment are in a fight for your life and your family's, please do not wait for help as it may not come so you need to stand up and fight for yourself.