What do I need to do when renting for the first time?
What do I need to do when renting for the first time?
Top tips for first time renters
- Don’t pay letting agents fees.
- Make sure the place is safe.
- Check the inventory before you sign.
- Check if the contract allows you to leave early.
- Check your deposit has been protected.
- Pay your rent on time.
- Stay mates if you’re sharing.
- Be ready for rent increases.
Can I hold my tenants deposit?
Your landlord or agent is only entitled to keep all or part of your deposit if they can show that they have lost out financially because of your actions, for example, if you have caused damage to the property or you owe rent.
Can a first time renter look after a house?
Finding proof you can look after a property as a first-time renter with no rental experience can be tough, but not impossible. If you’ve recently sold your house, provide a number for the agent you sold your house through. They can explain to a prospective agent/landlord how well presented the house was for viewings.
What to do if you dont have a rental history?
It’s easy to show off your good history of paying rent on time. Provide your next landlord/agent with your rental ledger (or tenancy ledger). If in doubt, ask your agent for a copy. – Rental applications: How long before I’m approved for a property?
When is the best time to apply for a rental property?
Only send your application after you’ve attended the inspection and decided you still want the property. Alternatively you can hand your application in personally, as this gives another chance to make a good impression. To increase your chances of getting approved, apply during the slow season.
What to do if your rental application is not approved?
If you don’t hear from the agent or property manager 2-3 days after you’ve submitted your application, follow up with them. Be pleasant and tell them how much you love the property and they might just pick you. If not, you can always apply for another. Happy house hunting!
How to find an apartment for a first time renter?
Plug in your location, desired number of bedrooms, and your monthly gross income and the rent calculator will do the rest. We’ll provide you with a recommended rent figure and apartment options in your area that fits your budget.
How often do I have to mail a check to my Landlord?
The answer to this question varies from apartment to apartment, but renters usually pay either a property management company that runs apartments for landlords, or renters pay the landlords themselves. In the past, one would have to mail the landlord or property management company a check each month, but now most of this takes place online.
Is it a rite of passage for first time renters?
Getting the keys to your first apartment is a rite of passage for first-time renters—especially if you’ve been living under Mom and Dad’s roof for too long. Ah, sweet independence! Time to cue the party playlist. But wait … let’s hit pause and rewind first. You really need to know the following seven things before renting your first apartment.
How long does it take to get Rent approved for a new apartment?
The turnaround time for approval is quick. Today, renters can know if they’ve been approved in less than 48 hours – sometimes it can be within minutes! New renters with no credit may need to have a guarantor there with them. This person will undergo a credit check since they’re the ones guaranteeing that rent will be paid on time.