Towers Realty Group works on behalf of building owners to ensure that residents meet the minimum requirements for tenancy. Obviously, the ability to pay rent is an important requirement.
If there is question about a potential resident’s ability to pay rent, we will require a guarantor. The most common reasons for needing a guarantor are:
- no rental history
- student
- credit issues flagged in credit check
- does not meet minimum income requirements (rent exceeds 35% of gross monthly income)