What is involved in Renting in Playa Vista? It seems they want to know everything including your bank account.

Asked by Carmen Chaplane, Los Angeles, CA Tue Aug 13, 2013

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6
Jamie Tian, Agent, Los Angeles, CA
Tue Aug 13, 2013
Hi Carmen,

Most rentals will want to see your credit report, and bank statement to make sure that you can afford the rental. Some apartment buildings may not require this.

Let me know if you have any other questions/concerns.

Best,

Jamie Tian
Rodeo Realty
(310) 717-1321
JamieTian@RodeoRE.com
DRE #01920120
Web Reference:  http://www.jamietian.com
1 vote
Randy Spaldi…, Agent, Los Angeles, CA
Thu Sep 4, 2014
So does every other lesser in the civilized world. Apparently you have never filled out a rental application. which all lessors require usually along with a credit report.
0 votes
Dorene Slavi…, Agent, Torrance, CA
Wed Sep 3, 2014
Well, yes the Realtor needs to know quite a bit about you as a tenant in order to present your offer to the owner of the property. In Playa most of the homes are owned, and leased out by the owner. We do have a couple of beautiful apartment complexes as well, but they will also need to know if you are financially able to lease for the year.
0 votes
Gail Mercedes…, Agent, Los Angeles, CA
Sun Aug 18, 2013
Hi Carmen,

Owners are looking for good tenants. Landlords will require:
- 2 years W2s or 1099s
- Credit report ( will analysis monthly debts to monthly income)
- Credit rating (FICO score)
- Bank statement(s) to verify cash reserves.
- I probably ask reason for moving

Gail Mercedes Cole
EXP Realty
853.9933
0 votes
Douglas Lagos, Agent, Los Angeles, CA
Tue Aug 13, 2013
Most landlords in the Westside will want to see you FICO and credit score, along with the rental application.

Because we are in a seller's/landlord's market (few properties for sale or lease) they are being picky as to whom they will sell or rent to.

Contact a local Realtor and they can walk you through the requirements, and how to obtain a free credit report.

http://douglaslagos.com/renters/
0 votes
Kristen Ybab…, Agent, Redondo Beach, CA
Tue Aug 13, 2013
You are going to see that for most rentals. 99% of rentals will require review of your credit scores, and depending on the price point, they may ask for "proof of funds" (bank account info) in order to verify you are qualified to cover the rent.

Please let me know if you have any questions, thanks,
Kristen
310-993-7898
0 votes
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