Helpful Tips On How To Secure Your First Rental Property
Moving into your own home or flat can be one of the most stressful times of your life, as you will have to deal with leaving home while also trying to find and secure the best possible rental property. If you have never rented out a house or flat before, then you need to prepare yourself for how time-consuming and frustrating the whole process can be. You need to be aware that finding the right rental property can take some time, especially if it is your first time. Still, there are a few things you can do which will hopefully help make the entire process easier and less painful. The following tips should help you to not only find the right rental, but also ensure that you are able to secure the property you desire.
Searching for Rental Properties
The internet should be your best friend when it comes to finding the right rental property that fits both your needs and your budget. There are many real estate websites and portals that you can use to search for rentals, and the internet is increasingly becoming the main place where people find their new home, flat, or business to let.
Prepare Yourself for Property Viewings
Once you have found a few real estate listings that you are interested in leasing, you will need to contact the owners or property managers to schedule a viewing. The viewing will be the first chance for you to make a good impression on the person letting the property out, so it is important that you are prepared. In order to be prepared for the viewing, you should ask as many questions as possible about the rental process, especially when it comes to credit checks, real estate applications, and any other relative application information.
Typically, your rental application will need to include copies of your ID (driver’s license, passport, etc.), another form of ID such as a Medicare card, and other documents that show proof of income (usually either a bank statement or pay slip). Make sure to find out exactly what documents are needed and bring these to the viewing just in case you are interested in securing the property. Having these documents ready at the viewing will show the renter that you are truly interested in securing the property and not just wasting their time.
Another thing to think about at the viewing is your appearance. Again, this will be your first opportunity to make a positive impression on the property manager, so it is important that you dress the part. Generally, you should shoot for business or at least business casual dress in order to make a good impression. Additionally, you should make sure to show up to the viewing promptly. Being early is always better than being late, as the manager will not be impressed if you show up late.
Finally, you should be ready to pay at least the bond and some rent up front, and if at all possible, be ready to pay even more than asked just to show you are serious. Offering to pay an extra month rent up front is a great way to show you are serious and may help you secure the property.