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5 Steps to finding the perfect rental home

southernrealtyinc.png july 2016The process of looking to rent a home that fits your criteria and budget can be time consuming. Here are a number of tips that will make your search a successful one.

Determine what you can pay – Before looking for a place to rent, you should have a clear idea of how much you are able to spend on rent. It is recommended that you spend no more than 30% on your housing costs.

Brainstorm the features you’re seeking – You should know how many bedrooms and baths you require. Apart from this look at other essentials like safety, size and functionality of the kitchen, built in cupboards and parking.

Map your day – Once you map your day, you will realize how much time you spend in which area. The place you spend the most time, should be where you should be looking for available renting properties.

Choose your rental type – This will largely depend on the length of the lease and the size of the home you require. If you are looking for a short term rental, it is best to investigate on sublets or corporate housing. For longer lets, which are 12 months or longer, you have a number of options from; apartments, townhouses to single unit homes.

Tackle the application and approval process – This process involves background checks. Make sure you read the application clearly and understand what information will be checked before you are eligible for renting the property.