Tips For Finding The Right Apartment Rental Montgomery AL
1. Know What You Can Afford
Before you even begin to scour the rental market in your area, you’ve got to know your monthly budget. Experts suggest that renters (and buyers for that matter) spend between 20–30% of their gross monthly income on housing. But, let’s not forget that in addition to a monthly rental fee, you’ll also be incurring monthly utility costs, cable/internet subscription fees and possibly trash removal costs, if your landlord is not footing the bill for that fee. Crunch a few numbers to see what portion of your monthly payments you’ll feel comfortable parting with for housing costs.
2. Determine “Must Have” Features
In ways, finding the right rental property is a lot like finding the right home to buy. You certainly want to be comfortable in your chosen rental for the entire length of your lease. So, don’t settle for a rental just for the sake of being on your own. If proximity to work, shopping or public transportation are high on your priorities list, find a property that meets those standards. If on-site laundry is something you can’t do without, don’t consider a rental property that would require you to pack up and head to the laundromat. When it comes down to your everyday living, you’ve got to know what you can — and cannot — do without!
3. Don’t Sacrifice Safety
Being on your own is an awesomely-free feeling; but, you shouldn’t feel so free that you don’t feel safe! If you’re searching for the right Apartment Rental Montgomery AL, resolve to only scope out properties in safe neighborhoods and question potential landlords on their safety features. When touring through potential rentals, take a specific look at entrances, door locks, and even windows!
4. Do Your Research
When you’re searching for a rental property, there is no doubt that you’re trying to impress potential landlords. Don’t forget that the impressing should go both ways. If you fall in love with a rental property, make sure that you and the landlord will get along as well. You can find out about a potential landlord by inquiring about their tenant turnover rate. You also can ask to speak with current or previous tenants, who are sure to give you an honest opinion about their rental experience. It is one thing to find a great rental property, but it also is important to make sure you can deal with a landlord for the entire length of your lease.
5. Be Prepared
Finding the right Apartments in Montgomery and landlord for you is only half of the battle — you’ve also got to secure them! Many landlords will require documentation to ensure that you’re not only able to afford their property, but also that you’ll take good care of it. In addition to running a credit and background check on rental applicants, landlords also may require potential renters to submit proof of employment, like pay stubs or tax returns. Some may even require reference letters. Prepare a few of these documents ahead of time, so you’re ready when your potential landlord makes these requests.