Today, people are looking to rent more than ever.
After 2008, the push to own property as a no-brainer part of the American Dream took a hit. Sure, there are plenty of benefits to owning a home but do not snub the power you have as a renter.
If you are looking to rent a property, make sure that you also know which questions to ask to find the right rental situation for you.
Below, we will take a look at key questions that all renters need to ask. Take these points in and contact realtors that can assist you.
Speaking to other renters will tell you a lot about a property. You will need to make sure that the property managers are diligent and attentive, and gauging the personal experiences of others will speak volumes.
When you stop by to tour the property, make sure that you also speak to people who live there. Ask them about the neighborhood, whether things get repaired quickly and how they would rate their experience as a whole.
You should also look into reviews for the property and the property management before signing a lease.
Rent price, along with other parts of the lease, are always up for negotiation.
This process is not something that all landlords openly state or advertise, but do not hesitate to ask. They might say no, but it is better to ask if they can come down on the price before signing the agreement.
You may also be able to negotiate on the terms of the agreement, such as what utilities are included and the length of the lease. Ask for what you want — because you might get it.
It is always important that you find out the prerequisites for becoming a tenant.
This process means understanding the deposit, references, and credit scores they require. Since you typically have to pay an application fee, you can save yourself time and money by not applying to properties where you cannot meet the qualifications.
Going month to month provides you a lot of different benefits regarding flexibility.
Even if the landlord offers yearly leases, ask if they will allow you to do month to month instead. Since this puts them at greater risk, they may accept, with the caveat that you will pay more for rent.
Many leases automatically go month to month after the first year is complete. Read through the lease to know for sure.
Flexibility is the biggest perk of renting. You may get a new job offer, or simply want to move.
Due to this reality, do your due diligence to if there is any clause to allow you to break the lease and how much it will cost you. This way, you will not get stuck in a contract with no way to get out of it.
Do all that you can to find help from professionals who assist renters. The more you learn about renting, the easier it will be to sign the lease that works for you.
To learn more about the properties that we have on the market, contact us today.
McLellan Estates operates two apartment complexes in the Bay Area, Crestview Apartments and Old County Road Apartments, both in close proximity to shopping, parks, dining, and transportation.