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Yes, rental applications can ask for bank statements, account numbers or other information that verifies your income. Landlords use this information to establish your ability to manage your finances and pay your rent on time.
For bank statements: You may black-out all but the last few digits of the account number. We usually need only the 1st page, with your name, the bank's name, a few digits of the account number, the month, and the ending balance.
5 Potential Tenant Red Flags Bad Credit. As a landlord, one of your first obligations is in finding a tenant who will be able to pay your rent rates on time every month without any prodding. ... Criminal History. ... Eviction History. ... Scattered Employment History. ... Dishonesty.
?Source of income? is defined as legal, verifiable income paid directly to the tenant or his or. her representative (such as a payee). Some examples of income types are Social Security, Supplemental Security Income (SSI), AFDC or CalWorks, unemployment insurance, veteran's benefits, pensions, and wages.
Some renter warning signs are as obvious. Frequent evictions, a history of relevant crimes, and lack of income might stick out like an over-sized elephant wearing a red flag for a hat. However, not every potential threat is so easy to see.