7 TIPS FOR RENTING AN APARTMENT FOR THE FIRST TIME

To assist you on the process, we’ve listed 10 helpful tips for first-time renters to consider when you look for rental listings online and get the first apartment you rent.

1. DETERMINE BUDGET

In the beginning, decide the amount you will plan for rent and other rent-related costs like parking, utilities or pet charges. There are two widely-accepted guidelines when it comes to budgeting for rent, which includes that 30 percent limit as well as 50-30-20.

“The 30 per cent rule” suggests renters to not pay more than 30 percent of their adjusted monthly income on rent to leave left over cash to cover other expenses. While the 30 percent rule is still used, it’s often regarded as an outdated method to budget for rent. This is why it might make more sense to go with the 50-30-20 method, which means that 50% of your money goes to fixed expenses such as those monthly expenses, 30% is utilized for other expenses while 20% is credited to the savings account.

Some landlords require tenants to pay at minimum three times their rent cost, so this could be an opportunity to determine what rentals you can qualify for. It is important to choose the right rental that you can manage and that doesn’t cost excessively on rental-related costs every month.

2. IDENTIFY WHAT AMENITIES YOU NEED

It is important to decide the amenities you’d like to have in a rental as you’re likely to live in the property for at least 12 months. The amenities of an apartment are features which renters are able to benefit from while living in the apartment. Facilities can be located within the apartment or within the building, such as the gym or garage. Pet-friendly rentals may also have amenities for pets, like pet-friendly parks or a garden.

3. CREATE A RENTER PROFILE

A lot of renters will be of the opinion that home searches could quickly become a burden with multiple application costs and credit checks from a variety of landlords. To prevent this to happen, make a renter profile that contains all the information that landlords will typically require in a rental application, as well as specific screening reports for only a single fee.

4. VISIT WEBSITES TO FIND RENTALS

There are many applications for searching for apartments which provide rental listings that include current information about each property and permit you to sort listings by price and type of property beds and baths, the date you want to move in, pet-friendly properties, and so on. Certain apps also notify you when certain properties are no longer accepting applications or are available for rent.

5. SCHEDULE IN-PERSON PROPERTY SHOWINGS

Websites for apartment hunting allow you to look at properties using three-dimensional tours or virtual tours. It’s still important to arrange property viewings in person with the landlord in order to gain an insider’s view of the property’s condition and discover the area that it’s situated in.

6. READ THROUGH THE ENTIRE LEASE AGREEMENT

If you’re a first-time tenant it is crucial to go through and comprehend the lease agreement prior to signing the contract. It is important to make sure that your information on the rental listing is in line with the lease contract and what are the terms of you live in the home. The lease agreement should contain the contact details of the landlord should you need to contact them at any time.

After you’ve signed your lease, keeping the lease in a place that is easily accessible can allow you to reference the lease if you have any questions about how to raise the maintenance or pay for rent and other issues related to renting.

7. TAKE PICTURES OF THE RENTAL BEFORE MOVING IN

Before moving into the new apartment take photos of each room of the rental. The ideal scenario is for renters to take pictures after receiving key to their rental as well as prior to moving their belongings in.

If you discover problems regarding the flooring, doors, or other component prior to the move, taking photos can serve as evidence that you did not contribute to the damage in the apartment.

If you are looking for 1 bhk fully furnished flat for rent in Doha, approach Capital One who will help in getting your dream house.