subject: Searching and Living in a Miami Rental Property – Some Tips to Help You [print this page] Author: Mark Ferrer Author: Mark Ferrer
The best thing that a Miami rental property has going on is probably the absence of mortgage payments. For some who cannot endeavor such a financial responsibility, renting an apartment is the next best solution. Searching for the right apartment unit, however, is far from a walk in the park. Like home-buying, there are specifics you need to know and requirements you must supply. To your hunt easier, though, here are four simple tips to help you.
Look with a friend
Looking for aMiami rental property can be frustrating. But not so when you're looking with someone you know. Call a friend and schedule an apartment hunt. Especially if its your first time doing so, having someone who has a little bit of background in apartment hunting will definitely be a great help. Make sure that you bring a friend whom you like or on the same wavelength as you; otherwise things can get more frustrating for the both of you.
Furnish the requirements and application
Once youve successfully spotted a vacant Miami rental property, check with the letter to schedule an interview and know the requirements. These requirements will often center on your financial health. Proof of your employment, pay slips, and credit report are the three most common demand of a landlord. Also, you might knock the socks off your future landlord if you pair your financial records with an outstanding application. While seldom required, having one can definitely make you look professional and serious, which means more points.
Cover everything important
Walkthroughs are important. Even if the landlord already accepted you as a tenant, you still have to check the package before you accept it, so to speak. Make sure that there are no hidden flaws or blatant red flags in the unit. Most importantly, and if you are still under evaluation, keep your ears and eyes open for obvious steering. If you think you are being steered away from a potentially good rent because of prejudices, call HUD or any agencies that handle the matter.
Look for a roommate
This is an added step once you are actually living in the Miami rental property already. Even if you can afford the monthly rent but cant manage to save some money for yourself or your bank account, consider looking for a roommate. But first, you must confirm the matter with your landlord and your apartment. If the apartment has a spare room you dont use, this might be a good chance to cut back on some expenses and share the responsibility with another. However, be sure you choose wisely as having a roommate can easily become a source of problem for some.
