Renter Tips
Before you commit to renting an apartment or house, it is a good idea to determine how much money you have to spend. Remember that most first time renters will have to pay for first, last and security. Also, consider additional expenses, utilities (electricity, gas, water, telephone, cable).
The process begins with:
- Decide whether or not you want a roommate.
- Determine your credit worth, check with credit companies: Equifax, Transunion and Experian.
- Determine your desired location or community.
Refine your selection:
- Rent an apartment, condo or a single family home?
- How many bedrooms, bathrooms are required?
- Do you need a backyard, patio, porch, pool, storage or home office space?
- Do you live with Pets?
- What amenities do you require; gym, spa, cafe, valet parking, views etc.
Once you have completed your list of requirements, the next step is completing the application,. Keep in mind that most home owners will charge you an application fee and a credit report fee:
The rental application will ask you for the following:
- Social Security
- Driver’s License
- Employment and Income History
- Your Credit Info
- References
After your approval expect to pay the following deposits:
- Security Deposit
- First and Last Month’s Rent
- Pet Fee (if applicable)
- Application Fee
Common Utilities accounts
- Electricity
- Water
- Cable/Internet
- Gas
Before the the closing walk through the property.
Other items to consider:
- Setting up utilities under your name
- Change of Address
- Renter’s Insurance (check with your car insurance company, most offer renters insurance)
- Know your Tenant’s and Landlord’s Rights
To get a better understanding of Florida’s Tenant and Landlord rights, you can visit: