Have you ever rented before? No? Well, hang on tight because renting for the first time can be a real adventure. If this is your first time renting, you are going to need these tips.
Ask for recommendations
When it comes down to renting, you don’t want to rent from just anyone. Always ask for recommendations from friends and family to ensure you don’t end up renting from a slumlord. There is nothing worse than being in a legally binding lease with someone who only wants you rent payment.
Know what you need in a rental
There are always plenty of rentals available, usually, but narrowing down exactly what you need in a rental can be hard. Make a list of what you need in a rental. While it is important to be somewhat flexible with a rental, you are allowed some of the things on your life. Don’t let anyone tell you otherwise.
Keep it affordable
Usually the nicer rentals are more expensive. However, you don’t want to shoot yourself in the foot financially. It is a very wise financial move to make sure you keep your rent affordable. If you would like to live in a nicer area, getting a roommate is always a good idea. Of course, you both will have to come to an agreement on the bills of the home and how it will be run.
Don’t forget about renter’s insurance
So many people miss out on the benefit of renter’s insurance. They try and cut corners, but sometimes it ends up not being a good thing (okay, all of the time). Renter’s insurance really is not a huge expense at all, but can be a big life saver when it comes to making sure you are NOT without a home and belongings later down the road.
Know what you’re up against
Renting for the first time is quite invigorating. It will be fun, exhausting, and freeing! Whatever you do, follow these tips to ensure renting is a good experience. Reading the lease is also a big step in making sure this is a great experience for everyone involved.
Be a good renter
As a first time renter, make sure you pay your rent on time! There is nothing more valuable than a renter who can pay his/her rent on time. All landlords appreciate this in a renter and it could make your experience an even better one.
What are some tips you would give to the first time renter in your life?