Renting Right

Renting Right

By Dominic Hefferan on Mar 26 2018

When people think of real estate, they naturally think of buying or selling. But as renting grows increasingly more common, especially among younger generations, it's becoming more and more important to make sure you get the right rental property, so today we're looking at what you should look for at an inspection.

Location, Location, Location

It's a real estate cliché, but your first priority should always be the location. It's a lot easier to fix a bad window or wall than it is to fix a bad area, so try to have a look around at a property's neighbourhood to get a feel of the region before an inspection, and also take a moment to look at nearby amenities and transport options.

Money, Money, Money

There's no point falling in love with a home you can't afford, so once you know what area you want to live in, start looking at your budget, and what your weekly spending looks like. If you're already renting, you should have a good idea, but if this is your first time, try asking friends what they pay, and spend some time saving your ideal rent amount each week to see how it affects your life.

What You Want

Once you've got all the nitty gritty out of the way, now it's time for the fun part. Take a look at the properties that fall in your range and think about what you want from your time there. Do you want to live alone, or with friends? Do you want room to work on hobbies, or is this just a place for you to sleep? This is a great time to talk with potential housemates as well, so keep your options open.

At the end of the day, your home should be a place that makes you happy. All this might seem like a bit much, but making sure you've got everything in order before committing to a lease gives you the best chance of avoiding problems later on. You can always speak to any of our Rentals team to see what your options are, so get in touch with us today.