Moving out of a college dorm or your parents’ house to live independently is liberating for many people. But, signing your name to a lease that holds you legally responsible for maintaining your new place and paying the rent on time can also be nerve-wracking for a first-time renter. Here are a few tips to make the process easier and help you pick the right rental property.

3 Tips for Finding the Right Rental Property

1. Set a Budget

By setting a budget from the beginning, you won’t waste time looking at units you cannot afford. Aside from the rent, you must consider other expenses such as renters insurance, utilities, and possible property repairs. As per real estate experts, most people can avoid coming up short on the rent and other personal expenses by leasing a place that doesn’t exceed 30% of their gross income. 

2. Scrutinize the Property

Before visiting the rental property, plan to assess its structural integrity. When you arrive, look for signs of wear and tear on components such as plumbing, HVAC, insulation, flooring, and bathroom fixtures. Ask the landlord or rental agent pertinent questions: How old is the heating and cooling system? Has there been a history of termite infestation in the area? Have there been any cases of theft in the building? If possible, bring a friend who is more experienced at renting or hire someone to inspect the property before you sign on the dotted line.

3. Pick the Right Location

Aside from finding an apartment or house for the right price, take time to imagine how your ideal neighborhood would look. Consider its safety, accessibility to malls, hospitals, public parks, restaurants, and your workplace. Before signing a lease, take a stroll around the neighborhood to get a feel for the area. Also, talk to other residents to gain insight into what it’s like to live there.

If you're looking for rental properties, check out Realty Roundup Inc. Serving California’s Elk Grove, Galt, and Stockton since 1978, this full-service property management company offers an extensive listing of residential and rental properties. They have more than 30 licensed real estate brokers, property managers, property manager assistants, and office administrators who quickly address concerns. Check out their property listings online or call (916) 685-6601.