Housing rental

5 Essential tips for finding the right rental home

Tirios Team

July 15, 2021

Table of Contents

1. Start your rental search early in the month

2. Begin your search online but don’t stop there

3. Beware of scammers

4. Ask for a 13 Month or longer lease

5. Use social media

Additional Considerations

1. How to budget for a rental home

2. How to evaluate the location of the rental home

3. How to assess the condition of the rental home

Summary Suggestions

Finding the right rental home can be challenging in today's market. Stand out from the competition with these expert tips on how to find the perfect rental home. Learn how to start your search early, search online and in-person, avoid scams, ask for a long-term lease, and use social media to your advantage. Additionally, find tips on budgeting, evaluating location and condition of the rental home.

Be ahead of the game with these tips into finding a rental home.

1. Start your rental search early in the month

The best rental homes, in terms of price, location, and amenities, are taken off the market during the first week of the month. So, don’t wait until mid-month to look for a new place to live. It’s best to start searching 60 days before you need to move, especially if you are looking for a rental property in a location where there aren’t many home rentals available.

The second and third weekends of the month tend to be the busiest. If you start your search on the first weekend of the month, there will be less competition, and the best properties will still be available.

2. Begin your search online but don’t stop there

When starting your search, begin online. Looking at a wide range of properties is an excellent method to gauge prices and amenities.

However, if you’re moving to a new city, searching online alone would not tell you enough about the essential features of the neighborhood, such as whether the streets are quiet or busy, what is the proximity to shopping and restaurants, and how easy is the access to parks and playgrounds.

Thus, drive or take a walk in different neighborhoods at different times during the day to decide on the best community for you and your family.

And finally, you can join a local community Facebook group to get a feel for the local issues.

3. Beware of scammers

Be aware of online scams, particularly ads that require you to provide your credit card information to pay a deposit fee to be shown the rental home. No one should need a deposit for a tour of the rental home.

Also, be careful if you are renting a rental home directly from a private person because you will be giving your Social Security number and bank account information. They will likely run a credit check on you.

4. Ask for a 13 Month or longer lease

If you’re in a competitive marketplace, one way to get a landlord’s attention is to offer to sign a 13-month or longer lease. This strategy is highly effective if a traditional 12-month lease would expire in November or December, as it is often difficult to rent properties in those months. A longer lease, in this case, that extends through the Spring season would be more attractive to the landlords.

5. Use social media

Share on social media that you are looking for a rental home.

Once your friends know you’re interested in renting a home, many will naturally notify you of real estate options coming to the market.

Our advice: Searching for a rental home does not have to be a daunting task. With these tips and some perseverance, you can find a home that meets the needs of you and your family.

Additional Considerations

1. How to budget for a rental home

When it comes to budgeting for a rental home, it's important to consider all of the costs involved. First, determine the maximum amount you can afford to spend on rent each month. Be sure to factor in additional costs such as utility bills, internet and cable, and any amenities or services offered by the property. Once you have a clear idea of your budget, you can start looking for rental homes that fit within your price range. It's also a good idea to have a few months' worth of rent saved up as a security deposit, in case of any unexpected expenses. Additionally, consider setting aside money for any potential repairs or maintenance that may be required during your tenancy. By taking the time to budget for a rental home, you can ensure that you find a place that fits within your financial means and reduces the chance of any financial stress.

2. How to evaluate the location of the rental home

Evaluating the location of a rental home is an important step in the process of finding the right place to live. The location of a rental home can have a significant impact on your daily life and overall satisfaction with your living situation. When evaluating a location, consider factors such as proximity to public transportation, nearby amenities such as grocery stores and shopping centers, and the overall safety and accessibility of the area. It's also important to research the surrounding neighborhoods and consider things like noise levels, traffic, and the general atmosphere of the area. It's also beneficial to take a walk or drive around the neighborhood to get a feel for the area and see if it's the right fit for you. Additionally, consider the school district, if you have kids or planning to have in the future. By carefully evaluating the location of a rental home, you can make an informed decision and find a place that meets your needs and preferences.

3. How to assess the condition of the rental home

Evaluating the condition of a rental home is crucial when looking for a new place to live. The condition of a rental home can affect your overall satisfaction with the property and can also impact your daily life. Before signing a lease, it's important to thoroughly inspect the property and look for any potential issues or problems. Start by taking a look at the exterior of the property and noting any visible damage or wear and tear. Move inside and check for things like leaks, mold, or other signs of water damage. Make sure to check all the appliances, and that they are in good working condition. Also, check the electrical and plumbing systems to ensure that they are in good working condition. Pay attention to the condition of the floors, walls, and ceilings, looking for any cracks or holes. It's also a good idea to check the windows and doors for proper functioning and security. By carefully evaluating the condition of a rental home, you can ensure that you find a place that meets your needs and is in good condition.

Summary

When looking for a rental home, there are certain key things to look for that can help you find a place that meets your needs and preferences. One important thing to consider is the size and layout of the property. Consider how many bedrooms and bathrooms you need, as well as the overall square footage of the property. Also, pay attention to the layout of the property and think about how it will fit with your lifestyle and furniture.

Another important factor to consider is the location of the property. Look for a rental home that is close to public transportation, amenities such as grocery stores and shopping centers, and that is in a safe and accessible area. Don't forget to evaluate the condition of the rental home, checking for any visible damage or wear and tear, leaks, mold, and that all the appliances, electrical and plumbing systems are in good working condition. Additionally, look for additional features such as a backyard, garage or parking space, laundry facilities, and storage space that can make your living experience more comfortable.

By taking the time to consider these factors, you can find a rental home that meets your needs and is a great fit for you. Our team at Tirios will be more than happy to provide any neighborhood insights in your search; please reach out with your question to members@tirios.ai.

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