Renting an apartment is not easy. In this era of internet scams and jargon-filled lease agreements, so much can go wrong, landing unwitting renters in a financial mess, stuck in apartments they regret.<\/p>\n\n\n\n
So before you start swooning over “dreamy” apartment listings, wake up and take note of all the potholes that might trip you up on your way to moving in. The good news? These soul-crushing problems are totally avoidable, as long as you enter this fray prepared. So heads up! Here are some of the top mistakes renters make, so you can steer clear.<\/p>\n\n\n\n
Before you start viewing apartments, you need to figure out where you want to live. It’s recommends narrowing down your search to one or two neighbourhoods. Look at important factors such as safety and school quality if you have school-age children.<\/p>\n\n\n\n
You should also stroll around the neighbourhood at different times of the day to assess intangibles. What\u2019s the noise level at night? What are the neighbours like? <\/p>\n\n\n\n
This is one of the biggest mistakes renters can make. After all, if you stretch your budget too thin, you could wind up in serious financial trouble. Hence, you need to know your numbers.<\/p>\n\n\n\n
Ideally, your rent should be no more than one-fourth of your take-home pay. But don’t forget about additional living expenses like food, utilities, and renters insurance. Plus you should have a chunk set aside for \u201cstart-up expenses,\u201d such as a rental application fee, house deposit (typically equivalent to one month\u2019s rent), moving costs, and, of course, the cost of furnishing your new digs.<\/p>\n\n\n\n
Oh, one more thing: If you use a real estate agent to help you with renting an apartment, you may have to pay your agent a fee. The most common amount charged by real estate agents is one month’s rent, but in some rental markets\u2014and some buildings\u2014the owner of the rental property pays the renter\u2019s agent. In other words, it may be free for you to use a rental agent, who can help you find properties, schedule showings, guide you through the application process, and even negotiate the rent with the landlord.<\/p>\n\n\n\n
You want a landlord or property manager that\u2019s going to be responsive and efficient when maintenance issues arise\u2014and you can easily assess these things before<\/em> you sign the lease. Look at online reviews on sites like BuyPropertyKenya and even Facebook groups to see what previous tenants have to say. <\/p>\n\n\n\n However, take online reviews with a grain of salt. Normally, people only leave reviews when they have a horrible or amazing experience, and you also don\u2019t always know the specific circumstances if someone leaves a terrible review. Also, do a Google search of the landlord or property management company\u2019s name to see if there\u2019s a criminal record.<\/p>\n\n\n\n Your lease will spell out your rent payment, the size of your security deposit, lease period, rent payment due date, and obligations as a tenant, among other important terms. <\/p>\n\n\n\n But because this is a legal document, the language can be confusing. The good news is that a number of tenants\u2019 rights centres offer free legal advice to renters, so don\u2019t be afraid to get help if you don\u2019t understand something.<\/p>\n\n\n\n You should always do a walk-through for pre-existing damage before you move in. If you discover any damages, dents, or marks, take photographs and share them with your landlord via email, so that you have documentation. If your landlord doesn\u2019t provide you with an inspection checklist, we recommend using this condition of rental property checklist. (Make sure your landlord signs it before your lease starts.)<\/p>\n\n\n\n Unless utilities\u2014such as water, sewage, gas, electric, and other services\u2014are included in your rent, you\u2019ll probably have to change them to your name before you move in. (Your landlord or property manager should provide you with contact information for these companies.) Usually, transfers can be done without turning off utilities, which is particularly important if you\u2019re moving during the peak of seasons since air-conditioners can conk out when they get overheated, while pipes can freeze and burst from extremely cold temperatures.<\/p>\n\n\n\nSkimming the rental agreement<\/strong><\/h5>\n\n\n\n
Not documenting the apartment’s condition before you move in<\/strong><\/h5>\n\n\n\n
Forgetting to transfer utilities to your name<\/strong><\/h5>\n\n\n\n