Renting an apartment in college is almost a rite of passage. Sometimes it is easy to find the right place, sometimes it isn’t. To avoid trouble, here are some tips for prospective renters:
1.) Checking your credit report.
You can get one for free, once a year, from www.annualcreditreport.com.
It’s very important to do that before you go speak to a landlord because once you go see a landlord, you’re going to be giving them an application fee and that’s typically per adult. So if there is something on your credit, you’re going to want to explain that before you pay an application fee.
There’s no sense in paying it if you’re going to be denied anyway.
2.) Know your budget by separating wants from needs.
3.) Avoid only looking at model units
That’s not necessarily what you’re going to get. You may get something very similar but it may not have been freshly painted. May not be fresh carpet.
4.) Research your roommates
Roommate issues is high on the list of tenant complaints.
5 (and most importantly). Read the lease thoroughly
If you don’t understand something then the property manager needs to explain that to you. And if the property manager doesn’t want to explain that, then you don’t want to rent from that person.