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Renting 101

Tips and Advice for First Time Renters and Tenants Signing Their First Lease

By Dave Fleming, published February 4, 2021
1. Budget
Bear in mind the monthly rent won't be your only expense. You'll have to account for other expenses such as utilities, renter's insurance, furnishings, and miscellaneous items like curtains. This helpful calculator can give you a general estimate of what you can afford, but every situation is different. When reviewing your lease, take note of fines and fees. If they are high, and you have any concerns you might not be able to afford rent, be very cautious about getting in too deep.

2. Read Your Lease Thoroughly
This may seem obvious, but too many people excited to move into their rental put ink to paper without the proper attention to detail. Ideally, the landlord or Realtor will will review the lease in detail with you to make sure everybody is on the same page. Regardless, you should be sure to read through everything at least once to make sure there are no surprises or expectations you cannot or don't want to meet.

3. Get Renter's Insurance
Even if your landlord doesn't require it, I highly recommend you sign up for a renter's insurance policy. Not only does it protect your valuables and you and your guests from liability, but often, when bundled with car or other insurance policies, it will be cheap or even free after discounts. Renter's insurance is one of those things you hope you'll never need, but if you do it's a life saver.

4. Plan Your Move
  • Speak to the landlord about move-in options. Some will allow you to start moving in early if a rental is vacant - a way to lower the stress of your move with a simple question. When do you do an initial inspection? How and when do you convert utilities?  Are you meeting at an office first or will you meet directly at the rental? Is there any information or payments required to move in, for example, proof of insurance.
  • Enlist help from friends to make moving day easier, but make sure you're packed and prepared when help arrives. The last thing people sacrificing their day to help you move want is to watch you pack.
  • Pack, organize, and secure help or transportation well ahead of time. There are tons of tools online to help preparing for a move, big or small, far or near.

5. Do Your Own Inspection
Sometimes the excitement and stress of moving can leave you holding the bag on issues with your rental you didn't notice at your showing or note at the initial inspection. Take lots of pictures when you move in of things as small as paint on a window pane or stain in a tub. Even if you don't want the landlord to address an issue, it's important to document it in writing and photo to ensure you won't be charged for damage you didn't cause. You could be doing your final inspection with a different owner or Realtor, so having proof of what the place looked like at move-in is essential. Send a detailed list of all pre-existing problems to your landlord within 24 hours of moving in. Make sure to notify the landlord immediately if problems come up in the first few weeks. Seemingly minimal issues such as slow drains, dripping faucets, noisy neighbors, etc. could become urgent issues down the road.

I hope this provided some useful information for your first lease signing. Don't hesitate to contact me if you have any questions or suggestions for my Renting 101 pages. Thanks for reading!

Check out this similar article on Understanding Your Lease Agreement.

Next Article: Renting 101 Rental Search Tips 

Check out all my FREE Tenant Resources Here

I am always expanding this collection with rental resources I think will be useful to renters.
If you know of a resource that might be useful, please submit it for consideration. Thanks!
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  • Residential Rentals
    • Mayapple Village 5bd 3.5ba rental w heated pool & 3-car garage
    • 34 S Hanover St, Apt 3 - 2bd third floor rental in historic downtown
    • 35 Liberty Ct - 3bd 2.5ba townhouse for rent w 2 car garage and 1st floor master
    • 1834 Basin Hill Blvd - 4bd 2ba rental w wood floors & 2-car garage
  • Property Management
    • Landlord Resources >
      • Top 10 Resources for Owners of Rental Properties
      • Dave's Client Resources
      • How to Hire a Property Manager
      • Property Manager vs Self Manage
      • Should I Rent or Sell My Home?
    • Property Management Services
    • Carlisle Property Manager Pricing
    • Property Management Experience
    • Property Management FAQ
  • Testimonials
  • Tenant Resources
    • Tenant Portal >
      • Tenant Maintenance Request
      • Tenant Survey
      • Tenant Exit Survey
    • Renting 101- Tips for First Time Renters
    • Renting 101- General Rental Search Tips
    • Renting 101- Carlisle Rental Search Websites
    • Renting 101- Showing Advice and Tips for Viewing Potential Rentals
    • Renting 101- Military Renter Articles, Advice, and Tips
    • Renting 101- Find your Ideal Rental with these tips
    • Crime Data
    • What's My School District
  • More
    • Contact Dave
    • Commercial For Lease >
      • Business Space for Lease
      • Office space for lease
      • Retail space for lease in Downtown Carlisle, PA
    • Showing Request
    • Applicant Criteria
    • Application to Rent
    • Join the Mailing List
    • Renting 101
    • Homeowner 101
    • Buy
    • Sell
    • Rental Management
    • Real Estate Brokerage Website
    • Why Choose Rental Manager Dave?