Feel like your landlord won’t fix anything? Maybe you’re dealing with a fridge door that won’t close, a jammed window, or a plumbing leak. Whatever the case, sometimes getting your landlord to pay attention to needed repairs is as useful as telling a wall to change color on its own. Here are a few tips to get your landlord’s attention and (hopefully) resolve your apartment repair problems! Read the rest of this entry »
‘tips for renting an apartment’ Tag
There are plenty of things that can go right when you first move into a new apartment. You’ve got a fresh start in a new place and things are looking up! However, with ups come downs, and one of those could be a bad landlord. Though you may not realize it at first, your landlord has a lot of say over what goes, including everything from repairs to living conditions. If you’re unsure of how to approach a landlord that isn’t living up to the lease, learn how to handle the situation and if needed, file an official report. Read the rest of this entry »
Looking for an apartment that fits your needs doesn’t have to be a headache, and neither does finding a landlord that you can get along with. Developing a positive working relationship with your landlord can make a huge difference when it comes to negotiating the terms of your lease or requesting maintenance. When visiting any prospective apartment, look for these qualities in your next landlord. Read the rest of this entry »
I remember when I rented my first apartment, my landlord asked me for my information for a credit check. Having just finished my freshman year of college, I had no credit history to speak of let alone any clue what they might want to know from my credit history. I had a cosigner for my first apartment but through the years I’ve had to make sure my credit score is good so that I can continue to be able to rent an apartment. A landlord wants to ensure that the tenants they select are responsible and will take care of their property and pay their rent on time. Performing a credit check on a prospective tenant can give a landlord a reasonable indication of what to expect from that tenant.
Here is what most landlords actually look for when they check your credit report:
It’s a no-brainer that the more debt you have, the less likely a landlord is willing to rent to you. Landlords run credit checks to see how much debt prospective tenants have. Once they know your debt load, they often compare that to your income to see if you can afford to rent the apartment while still being able to pay off your debt. If your income and debt load do not match up, the landlord will not be likely to rent to you.
Consistency and Predictability
Landlords look at a potential tenant’s credit report for evidence that the candidate has established consistency, stability and predictability in their finances. Consistency is demonstrated by what a prospective tenant does over and over financially. If a credit check reveals that a borrower has on-time payments with several accounts, over several years, then he or she is consistent. Stability can be determined by a number of factors. The number of years you’ve held a job, the number of accounts you have open, and your payment history all contribute to stability. A potential tenant who can handle his or her financial obligations and works for the same employer long-term is a financially stable individual. Landlords check credit reports to predict the behavior of the person who will be renting the property. The more consistent and predictable you are with your job and your finances, the more likely you are to be approved to rent an apartment!
A landlord can check a prospective tenant’s rental history through a credit report. A landlord can use rental history data to see where you have lived and make inquires concerning your previous rental agreements to see if you paid your rent on time or owe any money to your previous landlord. They will check your rental history for predictions on your future behavior as a renter. Rental payment history only goes on your credit report if your landlord reports your payment history to a credit bureau. One of the main ways I build credit is through paying my rent. I don’t have any other big expenses to build credit with other than my rent so I pay my rent online through WilliamPaid and they report my payments to a credit bureau so that every time I pay my rent on time each month, it goes towards building my credit. This helps not only my personal credit but also makes me more likely to be approved for an apartment in the future!
Submitted by WilliamPaid.com. WilliamPaid lets renters & roomies pay rent online, automatically, with more flexibility and it’s FREE. Users can also build credit with each rent payment.
Renting an Apartment Wisely
Apartment renting advice isn’t hard to find. Ask around, and we’re sure you’ll get a ton of great apartment renting tips. Everyone has stories, advice and “secrets” for apartment renting. And at the end of the year when a lot of people are at the end of their leases and trying to find an apartment for the new year, these renting tips can really come in handy.
Use Apartment Search Websites
There was an interesting article recently in the Denver Post that gave some tips for apartment renting. So what’s the number one tip on their list? They say, “Seek web help in picking apartment features.” They suggest using apartment finding websites for helping in renting the townhouse, condo or apartment complex that works for you. When using a site like ApartmentSearch.com, you can browse apartments for specific features, like number of bedrooms or laundry facilities. Following this apartment renting tip, says the article, is a great way to get an idea of how much you’ll be paying in rent and which neighborhoods may be a good fit for you.
Don’t Be Tricked into Renting by a Low Apartment Rent
Another helpful apartment renting tip from the Post is to avoid choosing an apartment based on perceived value. Basically, you don’t want to go renting an apartment just because it seems like a good deal without also considering location and features. For example, apartment renting in a dangerous neighborhood just because it has a low price might be a mistake.
Don’t Visit That Apartment – And Then Do
Calling an apartment manager before you stop by to check out an apartment complex is another useful renting tip from the Post. Their reasoning: Over the phone, you’ll be able to simply get a quote, without letting an apartment locator try to wow you by showing you around. You can compare this quote with what you found on the apartment search website you used too.
Of course, the Post also says that if it’s possible, make sure to visit prospective apartments yourself to get a feel for what you’d be renting. If you’re apartment renting for a long-distance corporate relocation or time is tight, you may find yourself renting an apartment blind.
Make Your Apartment Needs List Before Renting
One of our favorite apartment renting tips is to make a list of the features you’re looking for, the rent you can afford and where you’d like to live. As you look at apartments, take notes on what features each one offers so that when it comes time to go renting your new home, you’ll be able to reference which ones best fit what you’re looking for.
Following these apartment renting tips may mean a little more work, but the effort will really pay off when you find the perfect apartment for your needs!