Finding and renting your first apartment can be very exciting, yet it can also be intimidating! You will finally get the freedom to do what you want, without the influence of your parents. However, it is also the first time that you are going to be on your own. It comes with a lot of responsibility which you shouldn't take lightly.
If you are looking for your first apartment, here are some tips to help.
Don't rush it.
Finding your first apartment should be a big deal, so you shouldn't rush it. You need to take your time, look at a few options, and make sure that you get the right one. If you have to keep looking because you aren't happy with any that you see, do so.
Know your budget.
It is important that your first apartment (and all of them) are affordable to you. You don't want to be strapped for cash so that you can't do anything else. For this reason, sit down and be reasonable on how much you are able (and willing) to spend on an apartment. Remember, a lease isn't forever.
Have enough money saved up.
While thinking about your budget, you also need to make sure that you have enough money saved. Most apartment buildings require a deposit, along with your first and last month's rent payments. This can really add up, especially if you aren't prepared for it.
Know what you want.
There are many options so it is important for you to know exactly what you want and need in an apartment. Are you looking for one bedroom or two? Do you want a pet-friendly apartment in case you decide to get a pet once you are settled in? Be honest about what you want and need before you start your search.
Location is also important.
Most people choose where they want to live based on location. They want to be close to family and friends, plus most people want a short commute when it comes to their job. That being said, you also want to find a neighborhood where you feel safe.
Read the lease and ask questions.
It is important that you read the lease before you sign it. This is filled with the rules that you have to follow in order to continue to live in your apartment. If you don't follow the lease, you could be evicted. Ask questions if something doesn't make sense. Often, landlords have some wiggle room to make adjustments if you have a specific request.
Landlords often request references of people who can verify that you will pay your rent like you say you will. Since you won't be able to get references from previous landlords, you are going to want to have some lined up. You can ask some family and friends, though most landlords prefer other references. You may want to ask your boss or supervisor. If you want to be really prepared, ask these people to write letters that you can hand out as references.
Don't be afraid to shop used.
Unless your apartment comes fully furnished, you may be in the market for quite a bit of things. You are going to need bedroom furniture, a couch, some dishes, towels, and much more. You can hit up yard sales and look at sales sites in order to get yourself prepared, without spending a lot of money.
If you are serious about finding your first apartment, you should make sure that you don't rush it. You are going to be spending at least a year there so it is important to be happy. Before you start looking, you need to come up with a budget. You also need to have some money saved up for your security deposit. You are also going to need to buy some furniture, kitchen and bathroom items, and much more. If you shop used, you could save a lot of money!
We help tenants get the most out of their rentals. If you have any questions or would like more information about how we help tenants, feel free to contact us today.