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Wednesday, August 22, 2018

7 Important Things That First Time Renters Should Know

Renting a home or apartment can be somewhat intimidating. For first time renters, it can be really stressful and frustrating. So if you are planning to rent a home, read these tips and advice to make the whole process more bearable! 


Do your research first

Moving into a new home is a huge challenge. So before you do it, make sure that you already have done your research about it. Use the internet to get tips. If you are keeping an eye on a certain location for a possible rental home that suits your budget, set an alert for it. 


Be mindful of scams 

Searching for rental properties nowadays is as easy as 1-2-3. With just a few clicks, you can instantly see all kind of houses for rent within your chosen area or neighborhood. The downside, scammers uses this too to find their victims. So if you found a listing that seems to be good to be true, run away from it. 

Upfront costs

Be mindful of the upfront costs that the landlord or rental manager might ask. Upfront costs usually include security deposits plus rental payments in advance. You can get your security deposit back upon moving out (as long as you took good care of the property and no damages have occurred during your stay).

Get everything in writing

If you and your landlord agreed into something, make sure to put this into writing signed by both parties. Make sure everything that you agreed upon is written clearly to avoid legal issues or troubles in the future. 

Don’t live beyond your means 

Rent a home that suits your budget. Don’t ever get a rental property that falls off your comfortable range. Remember, you’ll stay here for a long period of time so make sure that the rental fee (plus your monthly expenses that come with renting e.g. utility, groceries, etc.) won’t take a toll on your financial well-being. 

Rules about pets

If you are moving in with your furry friends, it’s important to ask your landlord or property manager about their rules when it comes to pets. Do they charge extra for it? Is there any kind of restriction when it comes to weight or breeds?

Pick the right roommate

If you are a first time renter, moving in with a friend can surely make everything easier. Having someone to share the monthly rental fee with can help you save money in the long run. But before you get someone to share the space with you, make sure that she/he is ok with the rules and regulations that come with renting a home. Make sure that roommate will follow all of these rules to prevent any kind of issues or troubles with your landlord.


About the Author

Ron is the webmaster of Apartments-For-Rent-In-Michigan.Com. He often writes tips and advice for homeowners, tenants, and landlords. You can visit MichiganHousesOnline.com blog for more information.

image via Pixabay