A First-time Renters Guide to Finding the Right Space to Rent
1. Do Proper Research
Renting your first house is a significant event requiring sufficient time to make the right decision. So, it would be best if you did proper research to find the best one for your needs. The internet has made things easy, and you can use it to find a good house.
You may search on property management sites or property searching portals for houses in your preferred neighborhoods. Also, sign up for mobile phone alerts that send you instant notifications about the houses you need whenever their owners release them for rent.
2. Avoid Fraudsters
There has been a rise in scammers and fake house agents who use the internet to advertise fake rental properties. So, look for such when searching for a house to avoid falling for their tactics. If you find an agent who refuses to take you to view the property you want to rent, avoid transacting with them.
It would be best to avoid agents and landlords who don’t want to meet with you. Additionally, keep off any agent who pushes you to transfer rental money before you sign a contract and one who withholds information whenever you ask questions. You can avoid fraudsters by finding out about any house you want to rent before settling on it. In addition, only work with a reputable house renting agency.
3. Only Choose a House You Can Afford
When renting your first house, choose a house you’ll afford. It would help to create a budget before renting a house to know the amount you’ll need for the first month and the consecutive ones. Your budget should include the following:
• The first month’s rent and deposit.
• Moving costs.
• Utility costs.
• Additional expenses related to the shift.
The budget will guide you to choose a house you can comfortably pay for.
4. You’ll Need to Have Money for Security Deposit
When renting a house, you’ll need to pay some cash for a security deposit before moving in. Your landlord will use the deposit to make replacements and repairs that may be necessary after your rental period. However, you can get a full refund of the deposit if you leave the house as you found it. Your landlord will let you know the amount you should pay as the rental deposit.
5. Get a Written Contract and Sign Before Moving In
The landlord should provide you with a written lease so you can sign before renting the house. The agreement should contain rules you should follow and the regulations and rights you and the landlord should abide by during the rental duration.
Please read through the contract to understand its contents before signing. Check information about keeping pets, late rent submission, painting and decorating the house, and who will be responsible for house repairs.
6. Staying with Pets
If you want to live with pets, find a rental house whose landlord allows renters with felines. The house should be in a clean and secure neighborhood. However, you might need to pay more for such a house because the property owner will cater to all the wear and tear expenses brought about by the furry friends. Request the landlord for the rules and regulations you should follow while living with pets to avoid disagreements. Only rent a house whose terms and conditions favor you and your pets.
7. Write all Items You’ll Need
As a first-time renter, you should know what you need to enjoy your stay in the new home. Check the items in the house you are living in to know what you’ll need when you move out. For example, you’ll require a bed, a couch, kitchen appliances and utensils, and cleaning supplies. If you don’t have enough savings, budget to know what you can afford now and what you can wait until later.
If you are a first-time renter, having the correct information to guide you and avoid making costly mistakes is essential. Therefore, take time researching and avoid making rushed decisions to find the right house. The above tips will help you avoid making mistakes that most first-time renters make.