Hi Everyone!
When apartment searching/hunting for your apartment, you need to know the basic steps to renting an apartment. The main ones you need to focus on are;
- Hire apartment locator
- Know what's on your credit & background, before you even apply to apartment complex or even talk to the apartment locator (example of credit is it good or bad or in between and know your score, example of background evictions, broken leases, felonies, bankruptcies, etc.
- Know if you will lack rental history & job history in advance by asking yourself (Have I paid rent somewhere for at least 1 year?) (Is my most recent job I'm working have I already received at least 2 or more paychecks?)
- Is my budget planned and the apartments I want to request from apartment locator, fit in it?
- Do I have the application fees, administration fees, prorated rent, renters insurance, and possible pet deposit calculations all projected and the funds in my bank account in advance?
- Do I even have renters insurance, and if not will I be ready to provide it if the apartment I like, makes it a requirement?
- Have backup plan if rejected by providing a cosigner or just seek out 2nd chance apartments
- Avoid at all cost applying to multiple apartment complexes, since they run your credit each time, and your credit score is dropped, as well as these hard inquiries remain on credit report for 2 years
- Know in advance before you apply, which fees will be refunded if you're rejected
These steps are pretty much the basics, you need to apply and know, since they will help guide you to your apartment more smoothly.
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