Renting to Students and Freelancers: What Every Landlord Needs to Know

What's in this episode

Send us Fan Mail Most landlords know exactly how to screen a W-2 employee. Two pay stubs, an employer call, run the three-times-rent math — done. But what happens when the applicant in front of you is a freelance designer, a self-employed contractor, or a college student whose only income is a financial aid check? In this episode, we walk through exactly how to handle renting to students and freelancers — without guessing, and without exposing yourself to Fair Housing liability. We cover the specific documents to request from self-employed and freelance applicants, why average income and reliable income are not the same thing, and what to do when a student genuinely has little to no verifiable income of their own. We also get personal — sharing stories from their experience as both landlords and as parents who cosigned leases for their own college kids — and what those experiences taught them about building a lease when the financial picture doesn't look like a standard employee's. Plus: what lease guarantee insurance is, how it works, and when it might be exactly what you need to say yes to a strong applicant who just can't provide a traditional cosigner. What You'll Learn in This

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