Becoming a renter for the first time offers not only an overwhelming feeling of excitement, but plenty of questions over what’s next.
Whether you’re a college student, a recent graduate, or a young adult who’s never rented before, becoming a first-time tenant comes with plenty of obstacles.
New tenants have to apply and be approved to rent that apartment or house. Whether renting from a real estate broker or directly from the landlord, a lease is essential.
When people go to look at a property they are considering leasing, make sure that the landlord has a standard lease agreement. You want something that’s going to be consistent regarding fair housing.
New renters should be sure to read the lease in its entirety and ask questions when something is unclear.
Before renters even move in, keep a receipt for everything including the security deposit, upfront fees like first and last month’s rent, and monthly rent thereafter from the landlord. This way there’s no mistaking if the monthly rent was paid or if it was late.
Personalizing the space is next on the list after move-in day. Renters should have a conversation with their landlord about what they will allow as far as making any changes or updates. Get this in writing to ensure both the landlord and tenant are on the same page.
When building a relationship with this new landlord, remember they could be called for a reference if/when the renter moves on to another place.
Be neighborly. Treat people the way you want to be treated. If you want someone to be a good neighbor to you, be a good neighbor to them.
At the end of the lease agreement, renters have the option of renewing the lease or moving on to another place.
Decided to leave? Make sure to leave on good terms with the landlord. When it comes to moving out, the most important thing to remember is to leave the rental property in the same condition in which it was rented to you.
Take the time to clean the stove, empty out the refrigerator and clean it thoroughly, clean the burner covers, fill in any nail holes, clean carpets and replace any burned out light bulbs.
This may seem like a long list of things to do, but think back to how you felt when you moved in and the place had that fresh paint smell. Would you have moved in otherwise?
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