Hints to Use When Selecting an Affordable Apartment
Living in an apartment can give you both flexibility and freedom. But if it’s your first time to look for an apartment, it can be really a daunting process. However, this should not be the case all the time. In this article, you are going to learn some hints that will help you find the perfect place to meet your needs and wants.
1. How Much Can You Afford?
Even before you start to look for an apartment, it is essential to first determine how much you can afford. Ideally, the rent you can afford is 30% of your income. Spending more than that percentage can be burdensome in the long run.
Think of it, you still have other payments to consider aside from renting an apartment. You should be wise here.
2. Where Do You Want to Live?
There can be many places where you can find apartments. Decide which location you want to live. Consider your neighborhood. Is it clean and peaceful? Another essential factor is the businesses and attractions in the area. It should also be near your office. The nearer the apartment, the less transportation costs occur.
3. Do You Want a Roommate?
After deciding on how you can afford, you need now to decide whether you want a roommate or not. Living in the apartment with someone can have advantages and disadvantages. One of the obvious advantageous to get when you have a roommate is that you’ll be able to rent a bigger space with several amenities since you’ll be sharing the rent. However, this can also mean compromising your privacy. Regardless of your choice, make sure that you are comfortable with it.
4. Do You Have Solid References?
Several landlords look for the credit score before deciding to give a certain apartment to a tenant. But if it’s your first time, you don’t have a credit history. What are you going to do? Since you can’t list down former landlords, you can list down your manager or supervisor as references. Your boss can be the best person to reassure your landlord of having a steady paycheck.
5. Check Out at Least Five Properties.
When you have decided on the areas you want to live, you should start your search right away. You can use the local newspaper and online. There are several listings online. You can even take a walk and search for “apartment for rent” signs. Or, you can contact a property management company. The property manager will give you a tour. It is advisable for you to stick with at least 5 properties. Otherwise, it will be exhausted on your part. You might even forget the amenities of the apartment you liked best. Take pictures of the interior and exterior of the apartments. This will help you remember essential details.
6. Ask About the Cost of Utilities.
Finally, make sure to be clear with the cost of utilities. The last thing that you would want to happen is moving into a place where you’re not comfortable with. Some apartment cover other utilities such as the gas, heat, or electricity bills. This allows you to save money.