Every year, thousands of people choose to rent their first apartment and it can be a very daunting process for the uninitiated. Choosing the wrong apartment can be disastrous, as it can cost you both in terms of money and living in a very undesirable location. The last thing that anyone should want is to be stuck in a place that they hate, especially when they should be in a place that they love.
By understanding the process to renting your first apartment, you will learn to avoid the common pitfalls that many find themselves in. You will see the warning signs of bad apartments and understand what apartment is right for you. There are many different aspects when choosing the right apartment, but with this guide, you will be in the right apartment in no time.
Identify an appropriate rent and where you need to be:
More often than not, your monthly rate should never go above thirty percent of your monthly income. This will ensure that you never go above your means and leave you with plenty of income for utilities, clothing, food, etc. The next part you need to concentrate on is where you need to live.
Choose what you need:
The more features that are in an apartment, the more you will be charged. Many apartments are studios, which means that their living spaces and bedrooms are combined. Other features include dishwashers, A/C, washer/dryer hookups, swimming pools, common areas, gyms, etc. If you can afford it, you may also be able to choose more premiere features, such as higher ceilings, higher end appliances or countertops and floors.
Your first visit:
When visiting the apartment for the first time, be your own worst enemy. Check for mold, hazardous conditions, whether everything works and other obvious damage. You should also chat with your landlord and see what kind of personality they have. If you are dealing with a property management company, see what must be done when something is either broke, or you have any other problem. Also, you should check out the neighborhood, see if you enjoy your neighbors and whether or not you can see yourself living there.
The rental agreement:
Many different landlords will put anything into their rental agreement. Go through it with a fine tooth comb and make sure you are not agreeing to something you don’t agree with. Oftentimes, you will not be allowed to have pets without being charged a fee, or there may be a clause against having unneeded noise. If you are having people stay over for a long period of time, you could also run into trouble, depending on how forgiving your landlord is and how long they plan to stay over.
When choosing to live in your new apartment, there are many different things that you should look out for. The wrong apartment is definitely something that should be avoided. It can be both exciting and horrifying, but with everything that you have learned, you will understand everything that goes into choosing the right apartment.