Most small families prefer to wait till their family size grows and they need the space, before purchasing a home or a bigger apartment. Additionally buying a home means putting money down, mortgage payments, property tax, maintenance costs, and this makes renting a more attractive alternative. About one-third of Americans are renters, which means they have experienced the stress of searching for an apartment or another rental property. Hunting for an apartment is a tedious task but you can ease the anxiety associated with apartment-hunting by being flexible in your choices for apartment sizes and living arrangements.
There can be many reasons for hunting a new apartment, such as the arrival of a baby, new job, looking to move out of a neighborhood, or even wanting to downsize, etc. For most renters deals are very important and most apartment hunters move in order to find a cheaper apartment. If you are on the lookout for an apartment, then do follow these tips to help you avoid confusion when apartment hunting.
Where Do You Want to Be
The main factor to consider before you embark on your apartment hunt is to figure out where you want to live. Try and answer some simple questions on your preferences for living, such as whether you want to live in the city center, or if you need to be near a good school district or whether you prefer an apartment which is a short walk from public transport. If you know your must have considerations in terms of your location, then it becomes easier to focus your search around the neighborhoods that meet your requirements. You can find the right fit for your needs if you know what you want.
Know Your Budget
One of the major advantages of renting an apartment is that there are no expensive maintenance or repair costs. Rental charges are pretty much fixed, so there are no nasty surprises to plan for, making it easier to figure out your monthly expenses before beginning your apartment hunting. Generally, you want to keep your rental charge approximately a quarter to one third of your monthly salary. You should also factor in other hidden costs, if you need parking space for a car.
Look For New Construction
There are price breaks to be had with new apartment complexes where the entire building is up for lease. Owners and managers in a new complex are more willing to negotiate on the monthly rent because they want to fill up all the apartments as quickly as possible.
Check Out an Apartment Locator
An apartment locator will know all about the best rental deals. It is their job to be in touch with apartment landlords to source best deals. Apartment locators are often the first to learn about rent specials, price decreases and other sweet deals that no one else may know. It costs nothing for a renter in many cities, to use the services of an apartment locator.
Broaden Your Search
If you are looking for a town pad but you cannot afford the sky-high rents then be flexible in your search. Expand the location of your apartment hunt to include the surrounding neighbourhood too that may provide similar features to what you are looking for.
Ask About Incentives and Amenities
Look at different ways of discounting your rent, such as signing a lease for a longer term instead of just six-months or score a bonus by referring a friend to the same apartment complex. Try to take into consideration into the amenities offered by apartment complex such as free Wi-Fi or a free gym membership.
Keep Your Paperwork Ready
An apartment hunt will require a lot of paperwork and if you’ve never done it before then you need to keep some things in mind. Have paperwork ready to hand to each prospective landlord for credit checks, references and even background checks, including:
- A copy of properly filled out rental application
- A copy of your credit report
- Reference from your previous landlord
- Employment verification and your most recent tax returns
- Details about your dog, cat or any other pet
You can even offer to pay rent one month in advance until your lease expires to land a sweet deal.
Following these simple steps will definitely be able to help you in making the apartment search a breeze! Talk to us at A Better Self Storage, in the Colorado Springs, CO area, for more information on storage units, truck rental for move-ins, moving supplies, and easy loading/unloading facilities. Call us at (719) 900-4148!