{"id":4778,"date":"2020-10-06T20:27:42","date_gmt":"2020-10-06T20:27:42","guid":{"rendered":"https:\/\/www.freeway.com\/knowledge-center\/?p=4519"},"modified":"2021-06-16T19:34:05","modified_gmt":"2021-06-16T19:34:05","slug":"renting-for-the-first-time","status":"publish","type":"post","link":"https:\/\/www.freeway.com\/knowledge-center\/renters-insurance\/tips-for-renters\/renting-for-the-first-time\/","title":{"rendered":"5 Tips for Renting for the First Time"},"content":{"rendered":"\n

Renting for the first time is an exciting rite of passage. You can\u2019t wait to have the freedom that comes with your first apartment, but you should also understand that you will take on more responsibility. Find out what to look for when renting an apartment, so your first rental experience goes smoothly. This first apartment checklist will put you on the right track for success. Then you\u2019ll be sure to have a blast while living in your first apartment. <\/p>\n\n\n\n

1. Create a Budget<\/h2>\n\n\n\n

Before moving into a new apartment, you need to create a budget. The budget should detail how much you can spend on your rent, d\u00e9cor, utilities, and more. Make sure that your rent and utilities aren\u2019t more than 30 percent of your gross income.<\/a> If it\u2019s any higher, it will be hard to keep up with your payments. <\/p>\n\n\n\n

2. Look at the Apartment Before Renting It<\/h2>\n\n\n\n

The internet makes it easy to take virtual tours of rentals. However, you should always see the rental in person before agreeing to live there. When you visit, turn on the faucets, try the air conditioning and heating, and check the appliances. Also, pay attention to the overall environment. Do you hear a lot of noise outside, or is it quiet? Are the neighbors friendly? <\/p>\n\n\n\n

3. Read the Lease<\/h2>\n\n\n\n

Renters have a terrible habit of glancing at the lease before signing it. Whether you are renting for the first time or the 10th time, you need to spend time reading your lease. It contains essential information about the rules and guidelines and also outlines your rights at a tenant. Once you read and sign it, get a copy of it for safekeeping.  <\/p>\n\n\n\n

4. Use a Rental Walkthrough Checklist<\/h2>\n\n\n\n

People who are renting for the first time often forget to follow a checklist when walking through the apartment. If your landlord doesn\u2019t provide a rental walkthrough checklist, create your own with separate sections for each room. Write down the condition of the:<\/p>\n\n\n\n