If you are renting, you probably know that is a battle that never stops. You are always in search of a nicer place to live under better conditions. And the most common question is ‘how much do you pay?’. You have overheard that question probably a million times at dinner parties, on dates, and at work. Our monthly rent is something that always occupies us. Beside the endless search for lower rent, renters also have to deal with the fear of eviction and price increase. But although rents seem to rise higher and higher each year, there is always a way to find a good deal. For this purpose, we have made a renter’s guide 2019, so follow these steps on your way to a better renting experience.
Searching for a place
Searching for a place to rent can be quite a challenge, especially if you are doing it for the first time. Since that is a time-consuming and exhausting process, you need to make a plan and make sure you are managing your time wisely. Also, a good idea is to ask someone with experience for advice. Longtime renters know approximately what to look for and where to look for it, as well as the price range.
Determine your budget
First things first – figure out what the amount you would be able to spend on renting costs on a monthly basis is. When calculating this, have in mind that you should always leave some money for unforeseen circumstances, because they do happen. A lot. Additionally, you will probably have to put down a security deposit and an application fee. So, keep that in mind and plan ahead.
Pick a neighbourhood
Although you certainly have some preferences already, our advice is to pick a neighbourhood close to where you work. Because at rush-hour, it can take much more time to drive back home. And you can use this time in better ways, right? Your commute can affect your daily life and free time big time. And before you decide, go through listings of properties for lease, compare prices and make a selection of places or neighbourhoods you can afford.
Play it smart
Some researches show that renters are likely to find better deals during the fall and winter months when fewer people are moving. One of the tips from our renter’s guide is to, if you have that possibility, wait for the fall.
Manage your expectations
Depending on the area you are looking for, apartment hunting can be pretty intense because of stiff competition. If you are looking for a neighbourhood with apartments or houses in short supply, bidding can become a war. Sometimes, renters even choose to pay more than the listed price, in order to get the place they want. But, unless you want specifically that one place in that neighbourhood, there is really no reason for you to pay more. There are plenty of neighbourhoods with affordable prices, so maybe it would be better to skip.
Find a house or apartment that suits you
Exploring neighbourhoods on foot is definitely the best way to do that, if you have a chance. Landlords often like to rent to locals, so you can stumble upon a property that is not listed online. The second-best resource is certainly the internet and you will get the best results by using both. Look for reliable listing sites for rentals, and start making a list of properties that interest you. If you want to be on the safe side, you can always hire a professional real estate agency to help you out.
See it with your own eyes, if you have a chance
Once you find the property you like, contact the landlord or your realtor and ask to set up a time to view it. Seeing the place for yourself is key to ensuring you will not get scammed or deceived by an online listing. In case you are searching for a property from elsewhere and you don’t have a chance to visit, ask a friend or real estate agent to do that for you.
Don’t wait too long to apply
Don’t wait too long to apply – better submit an application form as soon as possible. Especially if the market is tight in the chosen area, landing your dream apartment can come down to being the first one to apply. When you start filling the application, have key pieces of information handy.
After you sign the lease
Most likely, a landlord will require a deposit at the lease-signing. The deposit can range from some small amount to a two months’ rent, depending on the landlord or the deal they have with the real estate agency. Have in mind that every deposit should be refundable. However, some landlords will try to find reasons not to refund part or all of the deposit, and that is why it is very important to know your rights. If you are not sure about that, check out the Tenancy Union website to get more information. They usually justify it with cleaning or wear-and-tear, but if you clean the place yourself and there is no damage, you shouldn’t accept it.
Renter’s guide 2019
Once all this is behind you, it’s time to relax and adjust. Keep in mind that a few personal details will make the new place feel like home. Display a few photos, put your books on shelves and cover your bed with your favourite sheets. Take a walk through the neighbourhood and introduce yourself to your new neighbours. In the blink of an eye, you will have your favourite coffee shop and restaurant. People will start saying hi, and you will know you are finally home. We hope our renter’s guide has helped you and that you will enjoy the new chapter of your life!