Whether you’re new to apartment living or have been there a thousand times, the following advice will help you make a successful move. Whether you’re moving for business or pleasure, apartment renting can be a great choice for you. Listed below are five tips that can help you get started. Read on to find out more! Listed below are some of the most common mistakes people make when renting an apartment. Make sure you read them carefully.
– Make sure you’re aware of all the application requirements. Rental requirements vary between co-ops and condominiums. In some buildings, you’ll need to submit tax returns and last month’s pay stubs to prove your income. Other buildings may require a board approval process, which can take from a few days to several weeks. Regardless, it’s imperative that you allow plenty of time to complete this process.
– Personal references can make the difference between getting approved for an apartment or not. Especially if you’re new to renting, personal references are crucial. These people should vouch for your ability to pay rent on time. A friend or co-worker may be able to provide you with such a reference. The key is that this person knows you well. Moreover, personal references carry extra weight with a landlord. In the end, these personal references are the key to renting an apartment or condo.
– Understand the lease. Apartment leases are typically one-year long, but some management companies offer month-to-month contracts. During your lease, you may also be allowed to keep pets, smoke, or even have a waterbed in your apartment. Your lease should outline the consequences of breaking a lease. If you violate a lease, you could face penalties from the landlord. Then, it is important to know what those consequences will be, and what steps you can take to avoid them.