In the USA million of people choose renting over purchasing a home. This is because sometimes renting can be much cheaper. Sometimes the rent will cover extra expenses such as water, electric or Internet thus saving money. Renting also will make sure that you are not tied down to living in one place and having to worry about selling (if need be) in a time of an economic and housing market downfall. Some people may not have tousands of dollars to put down that most mortgage companies require when purchasing homes.
A lot of rent homes in your town may come with a pool and sometimes even may feature a gym. This can come in handy especially when you are saving money off those pricey gym memberships!
You also will save money because you will not have to worry about purchasing a lawn mower, weed eater or doing your own lawn upkeep! The same rings true for any issues that may occur in the home that are at no fault of your own, such as an air conditioner unit breaking. Guess what? You will not have to pay a thing to fix this, the landlord will have that done for you!
Now that you have heard the top reasons for renting let go though how to go about the process of doing so.
First, you should determine how much money that you can afford to spend every month. This will be the total that you can afford after all utilities for the rent homes in your area (some places may or may not include those, so you need to be prepared just in case). You need to determine if you will be living alone or having roomates. If you are planning to have roomates, then you all need to get together and determine how much you are all willing to pay.
Next, determine what area that you want to live in. Do you want to live in the city rent homes in the area, where prices are higher but it is closer to your school and job, or would you rather drive a distance and save some money? Typically this will determine what area that you may want to start looking in.
What type of place do you want to rent, do you want an apartment, rent homes in the area, mobile home, or condo? You also need to decide how large of a place that you are looking at. If you are having room mates then everyone will probably want a seperate room, and then you may want a spare room for storage purposes, or computer room even.
Once you have determined all the above, you will want to select a day to go out an hunt for rent homes in the area you chosen. If you are going to have room mates you should be sure it is a time and date that is good for everyone, because everyone who is contributing needs to have a hand in selecting where you will be calling "home".
Once that date and time has been set, call a local rental professional who can advise you on some good areas to look rent homes in your town and in the size and price rang that you are needing! By consulting with a professional you can assure that you will learn more about the rental than you can find out on your own. This will be the exact square footage of the rental, the year it was built and more information. Once you have all the tools that you will need, you will be able to find the rental that you can be happy with.
Make sure that you look at a wide variety of rentals so you can keep all options open and will have many different things to select from. After looking at each rent homes in the area, you should take notes (as well as all roomies if you will have any), go home and compare notes and decide together upon selecting a rental!
When in the rental, if possible speak to the manager or landlord. Also if you can speak to any tenants to get a good idea of how long they have lived there and what their experiences in that specific rent homes in their location has been thus far.
Sources and Citations
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