Renting an Apartment for the First Time
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- Опубликовано: 8 июн 2024
- Renting an apartment for the first time might seem a little scary, but it doesn't have to be. Today I'm giving you my advice for how to rent an apartment. I've been a renter for more than 10 years now, and these are my tips for a great renting experience.
If you're a first time renter, or if you'll be shopping for a new rental soon, get a copy of my FREE Rental Checklist. It includes everything I discussed in this video.
Rental Checklist: mailchi.mp/73184039a230/ppf-r...
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FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY. NOT LEGAL OR FINANCIAL ADVICE. The information provided in this video and on this channel is for educational and informational purposes only. It is not intended to be a substitute for legal or financial advice that can be provided by your own attorney, accountant, and/or financial advisor. Practical Personal Finance accepts no liability whatsoever for any losses or damages arising from your own personal financial decisions. You are advised to consult with your financial advisor, tax professional, or attorney regarding any and all financial decisions involving your own income and taxes.
As a landlord of a Condo unit I can confirm this 100%. I can't afford to lose my tenant, and I am as punctual to fix anything wrong as they are to pay rent :-)
I wish I could rent from you! Landlords with standards are few and far between where I'm from :)
for proof of residency if it was a house what should i put for rent?
@@KingParzival landlords are scum
This is an awesome video! I'm preparing to look for my first place tomorrow and this is the best video I've seen yet. Can't believe you don't have more views. Thank you for helping.
Glad it was helpful! :)
Did u get it
Thanks I will contact Cyber Credible for my apartment approval and paystubs I don't want to get denied for the second and I need to move in this week
I sent him a DM on IG
@@Jazzmin554 I'm so excited rn just found someone who could actually handle my paystub showing 3x the rent for my apartment approval. I was just having 3weeks to pack with my kids then I saw Cyber Credible name here
Thank you for this!! I'm really hoping to get my first place soon, and although I'm pretty anxious to do it, by no means do I want to get myself in some kind of crazy trouble unforeseen due to my current inexperience. Really glad to have easy to understand input from someone who knows what they're talking about :) that's very valuable!
Happy to help!! Thanks for watching Joseph!
jesus christ dude ur one insanely thinking ahead dude good shit man
@@PracticalPersonalFinanceDo you have a video about renting for the first time with roommates? I want to rent with my long-term boyfriend, but we’re not sure how to go about it. Any tips? Thanks in advance!
How’s it going?
Clear concise and very informative video with great tip at the end. Best I've come across yet. Great job!
Glad it helped!!! Thanks for watching.
Saw this video while signed out, I immediately had to login, like and save the video to a playlist. Thank you for a great guide. Gonna use this, step by step, to find new apartments.
Thanks for watching Mike! Glad it was helpful!
I found this video very helpful. Has good information that is easy to understand if you have no prior knowledge. Honestly I did already know most of the things you said from my research/exp. but I’m super nervous about many big life changes I’m going through in a small time span. I say this video helped me because, your voice and to the point info really helped me with overthinking (which I’m struggling with). I think I’ll rewatch this to keep levelheaded about this topic. So thank you 😊 for this very well done, and not overwhelming informative video.
With a good credit boost from Cyber Credible I was able to get two biweekly stubs and Bank statement to submit. Great tbh
Very helpful!
Thank you for going into detail and sharing your experiences
Your video is very concise and well made thanks for the help 🙏🏾 Love from Sénégal 🇸🇳
I’m looking to rent my first apartment early next year. Definitely learned some stuff from this video. 👍🏽
You did it?
How’s it going so far?
This video is a _must-watch_ for first-time renters, thank you for this knowledge ♥
I can help you get plenty of approvals. I offer apartment packages that everything you need to successfully apply :)
Paid for a real estate course in my state and that has helped me to interpret leases
Thank you for the pointers it helped me get prepared on what to say and do appreciate it 💕
This is definitely a useful Video. It teaches you a lot before living on your own.
Awesome video, I knew there were some things I should be considering and here were those things!
This is really helpful for the fact before I move out thank you!
Excellent! Thanks for all your tips
Nice vid. I only now learned the difference between apartment and condo
Thankyou for this! I am still a teenagers but it's never too early to think about the future!
Great advice, very practical. I'm planning to move out of state, but I still want to see the unit before I move in.
As a young guy looking for what it takes to live on my own and I’m glad I’ve watched this video you cover all the points and have extra rid bits on how I can be ahead of the game!
Good stuff man. Moving from IN to AZ soon and I think I'll fly out there for a week or two to check out apartments in person. Don't want to have a bad experience like you were mentioning
Smart decision! Best of luck with your move. :)
Thanks I will contact Cyber Credible for my apartment approval and paystubs I don't want to get denied for the second and I need to move in this week
They're on IG
@@Jazzmin554 I got weekly stubs and Wells Fargo bank statement from Cyber credible for my apartment and thank God it was approved...
This was AWESOME, thank you so much for your help! Really needs to know this. God bless you!:)
Learned a TON from this video!!
Thank you!!! This is so helpful!!!
Thank you for the tips!
Thank you!
Very easy to understand 🙂
Thank you for this great video! 👏🏼
Great breakdown bro! 👊🏼
Appreciate it!
Thank you so much for this informative video 😍😊😉
This helps a lot. I’m trying to get my first apartment soon
Glad I could help!! :)
Looking to move out of my parents and into an apartment with a buddy from high school! Thanks so much for the tips!
sitting in my brand new apartment, thanks so much!!!!
It all depends but the place I live in is not an apartment or condo it’s got only 6 units in this small building three on the ground floor three upstairs. I don’t hear anyone except when I’m in the hallway I can hear people’s TVs but in my unit it’s fine. Sometimes I hear the people above me walking around or when the water gets turned on but I kinda lucked out cause everyone in this building are nice people and keep too themselves.
The smaller buildings, especially duplexes and quadruplexes similar to what it sounds like you're in right now, are definitely more likely to have better soundproofing than your run of the mill apartment building. I suspect that's especially true if the building is a little bit older. Thanks for watching and sharing your experience Ryan! Sounds like you've got a nice spot. Hopefully it's not you who's the loud neighbor. :P
@@PracticalPersonalFinance Building is little older but been updated and no lol I’m pretty respectful to my neighbours
Super helpful, thank you!
You're welcome!
Very useful, thanks a lot ❤
Now that is a great video 🤙🏼
Great valuable information!
Thanks for watching! :)
Thank you for your video!
Good video! A lot of good information!
Glad you enjoyed it!
thanks for the video!
Currently looking to rent and this helps a ton
Awesome video! What’s your knowledge on landlords being able to refuse you bringing in your own utilities like washer and dryer into apartments? Is there any wording in the lease I should look for? What if I just bring it in one day and don’t say anything can they make me get rid of it? I’m in NYC if that matters. Thank you for your help!
Hey Nicole! Thanks for watching and leaving a comment. Unless it's specifically stated in the lease, I don't think there's anything stopping you from bringing in a washer or dryer to an apartment. That being said, unless it's a situation where it's expected that you bring your own washer and dryer, it might be difficult, since the hookups would be occupied (if the apartment came with W/D) or not present. I've seen some apartments have the hookups, but the policy was BYO W/D. I could see someone making a washing machine happen, but electric dryers typically have a special electrical plug that wouldn't be present in an apartment without the hookup. Hope this helps!
Thanks so much!
Clear vid, learned a lot
thank you so much, by next christmas me and my partner are planning to move in together
Thanks for the tips! Finally going to move out of my parents house and very anxious about the process
Thank you man!
i tried to get an apartment in a hurry last year and ended up in a terrible townhome (technically called an apartment. But it was a 4unit multi family) The management company was terrible, the place was littered in mold and they did nothing about it. I ended up moving back into my parents house and am now looking at getting a better apartment this time. This video at leaste gives me a little bit more knowledge of doing it on my own (my parents dont help withany of this stuff)
Amazing video. Very informative.
Thanks for watching!
Thank you for this video me and my friend got approved for one !
Please also make videos about rare cases like international students from sanctioned countries who do not have a debit card/credit card on their arrival. It would be an expensive nightmare to live in a hotel for 1-2 months to get these things first. How to rent an apartment in cash or sign the contract and move in, then pay as soon as getting debit card/credit card? What are the easiest and safest ways to pay deposit and monthly rent? how to check if there is any unpaid bills, and such things? In many universities international students with dependants are not allowed to live on campus and this is a very big issue on arrival and very first days.
Is renters insurance still absolutely necessary if I’m renting a micro studio? Also which is the best company to purchase from?
In regards to the video walk through on day 1 of moving in, should we immediately inform management of any scratches/flaws?
Hey Hailey! Thanks for watching and thanks for asking this great question! I'm sure a lot of others have a similar question on their minds. I personally think renter's insurance is worth it no matter what the size of the space you're renting is. If there was a fire or a natural disaster and you lost your belongings or needed a temporary place to live, renter's insurance will cover you. Totally worth it in my mind. When I was renting, I always purchased renter's insurance from my auto insurance provider, in my case either Geico or Progressive.
When you shoot the video to document the condition of the unit when you move in, you don't need to mention anything to management, unless there's something you would like them to fix. The purpose of the video is so that later, if they try to say you scratched a wall or damaged a floor board, you have the video to prove it was like that before you came in. Hope this helps!!! :)
Praying we get this condo
I'm split between staying home or moving out. I want to be independent and move out but renting has so many unforeseen risks - not to mention I don't earn a lot of money, so will struggle financially
10 out of 10 apartment residences, Ive talked to, have units occupied, and can show only sample one.
A thing I would like to add is that there are businesses that you can "rent" furniture from, but I don't know the cost effectiveness of that.
Congrats on 100k
I just watched this video and am kinda nervous bc I’m moving into my first apartment next month and did a few things he said NOT to do, like payed the deposit without seeing the apartment. They showed me a demo apartment instead bc someone still lived in the unit. I’m gonna email them tomorrow to see if I can get a tour of the apartment before move in and take the video like he said bc I definitely want my deposit back when moving out. Ty
Thank you so much for making this video!!! I am currently looking for an apartment and will apply these tips to hopefully find the place that’s right for me.
I needed a new apartment and I needed to bring in paystubs and bank statements last week and that got my stressed out asf till I came across some great comments about deelscafe💯💯
he got an insta page
this comment just saved a soul lol was stressed out asf tryna get my new crib and also was looking for his platform
appreciate
@@johnjarule937 thought this was some scheme but for real he good with his service
@@therealsaint3075 thanks for the enlightenment this comment helped a lot
I just got stub from dude I’m a little nervous to use them lol
Do you think it's a bad idea to rent an apartment unit close to an elevator or the trash room?
all great points , I have one to add on the note of taking video as proof of the state of the rental ,, email a copy of the video to yourself after , that will date your video and it will most likely stand up in court if god forbid it comes to that
Thank you :)
Thanks so much
This felt like it's you versus the landlord, kinda made me anxious
Thanks a lot!! Also what's the link to check the crime rate?
I would love your tips regarding renting apartment in Paris for short terms.
Thank you for very useful videos.
Could you please make a video about the things you want real estate agencies to do? I ' d like to know that because I ' m working at a real estate agency for foreigners in Japan. Thank you so much !
Hey M, thanks for watching! And I appreciate the suggestion. I think I understand what you're looking for, but I just want to get clarification - what search term would you plug into RUclips to find a video on this topic?
@@PracticalPersonalFinance
Thank you for your reply. I plugged into the terms of "renting an apartment". I enjoy your videos!
I got weekly stubs and Wells Fargo bank statement from Cyber credible for my apartment and thank God it was approved... I'm in my new apartment fr
All they wanted to see is my employment verification and if I make 3x the rent on my paycheck stubs and one bank statement, I was scared because as a self-employed I don't have a paystub to show all of that till I got the recommendations about Cyber Credible tbt he legitly came thru for me and i got approved
YESSSS THANK YOU
Haha, I just replied to your comment from last time to let you know it was up!!! Hope you find it useful!! :)
I wish I had seen this before I rented my first place. Its been hell.
We all need to learn the hard way sometimes. At least now you know for your next rental!! :)
any tips you could give me?
My girl needed a bank statement and stub last week and I was worried about her not getting her new car 😴 but everything good now only because of deelscafe good work👌
@Bitrus Sabo he really good with bank statements
same here saw people taking about him so i tried buddy out on i.g . i got only statements tho
This comment helped a lot saw buddy on the gram
Thank you so much, as a future alien moving to the US I found this video very educational and answer 100% of the questions I might've gotten once again, thank you so much A+.
Bragging about illegally entering the states? You do realize there’s a immigrant process. 😑
whats the best websites to find places to rent in uk via a private lanlord or one that allows pets at the property?
This is so helpful! Thinking of renting for he first time and I’m skeptical of it but I want and need to be on my own.
Glad it was helpful! Thanks for watching and I wish you the best of luck with your rental!!
Maybe I'm a tad bit late to the party but I hope I can get some advice.
So I don't have credit history seeing that this will be my first time renting (outside of paying friends or their family members money to stay at their place).
Any advice on how to get a place on a tight budget and tight timeline? The part that worries me the most is that initial money sink, where it might make it very difficult to get by on my own since those around me don't have space for me to live with them.
How did it work out for you? I’m in the same boat
I can help you get plenty of approvals. I offer apartment packages that everything you need to successfully apply :)
@@kyokendl373 I can help you get plenty of approvals. I offer apartment packages that everything you need to successfully apply :)
Where can you find reviews on a complex?
What's the link for the crime rate map? I tried googling it but wasn't successful
Is it possible to move in later than the move in date?
What's the difference between a condo and apartment ?
When is better time to pay rent to avoide late fee i am confused always with for example i think i can pay August month rent on 5th of sept or no i have to pay on the 5th of August ? Please answer thanks
When they ask about previous landlords, rent amount paid and residential history, what would you put if its your first apartment? I dont have any landlord numbers and whatnot. I am currently paying for my room where I stay with my aunt though but I havent dealt with any landlords so they can’t speak for me.
Exactly
I’m wondering about that too
I’m currently going through a crisis right now! I will be moving into my first apartment for the first time w my bf and Im so anxious!! The rent is $1850 and I don’t know if I will be able to keep up with the rent. I have to come to a decision before March 15th. There’s also another unit that’s 1830 but that one will be available all the way to April . I don’t like it as much as the first one. If there’s any advice anyone can give me I’m listening. It’s also a 2 bed room 2 bathroom lol. My bf thinks we should get a 1 bedroom and 2 1 bath but I don’t want to😢
Me and my gf are planning on moving in together and working on bad credit which is 600 around each. And looking for 2 beds. And she has 2 kids . But this video helps thank you!
Cyber Credible got my credit up to 760 for my apartment approval and I got approved
Thank you I wish I know before rent apartment they change all price,…….I wish I can find on November because we live here they never ever fix anything they take advantage of our honesty
I'm moving long distance next month. Are virtual tours (Skype) an acceptable replacement for in-person tours?
Great question! I’d certainly say a live video tour is better than just photos, but it’s definitely less than ideal. If it’s your only option, consider who’s providing the tour; is it someone you know personally, whose opinion you trust? Or is it the landlord / building manager, who’s only going to highlight the good parts and gloss over the bad? Best of luck with the move! Those long distance ones are tough.
I'm moving to Mt first apartment!
Can’t Stop Loving You by B. Reith!!! I knew that song sounded familiar!!!
One of my favorites and one of the first songs I ever picked out when building the music library for PPF. I bet you'll love the PPF playlist on Spotify - link in the description!
@@PracticalPersonalFinance oh nice!! Thank you
For anyone who is wondering about renters insunce after watching this video make sure to do research before running with the info on this video. Things have changed in the last few years. I looked up estimates of renters insurance and it was up to $150 a month.
Mine was 16$ a month
Relating to the last tip, if you have an iphone you can change the date in ur settings then take a video or photos and they will be dated with the changed date even after u fix the settings to the actual date. If i was an owner or realestate agent i wouldnt accept proof that wasnt given to me in the condition report at the start of the lease for this very reason. But hey not everyone knows this ;)
One safe way to do this is making the recording with a cover of a newspaper and focusing on the date of the newspaper. A continuous no-stop video might help. I am not an attorney but the court may agree that the video recording can be admitted into evidence. I live in CA a very legalistic state.
If your apartment complex has a third party insurance company but they don’t cover the tenants belongings should you stick with them or do you think it’s worth it to try to get your own so that your things are covered? The leasing agent told me most of the renters use the one offered by the apartment and that the other renters insurance out there don’t actually cover much or something along those lines so I was thinking for convenience sake I’ll just stick with theirs and have it included with my rent but if what she’s saying isn’t true then I’d rather get my own
I’d honestly get your own! Not all third parties are sketchy but I’d rather trust a well known company
Hi. I haven’t signed my lease yet because we haven’t seen the “actual “ unit . They showed me a mock up unit because someone lives in the unit. So am I supposed to wait for the person to move out to see the unit or can the landlord show me while they’re are present?
Wait until they move out
Do they have everything set up for you in the apartment, like bedding and furniture?
No.
Good ideas but my complex is not allowing an in person tour due to COVID-19 protocols. So kind of a tough point.
That is a tricky one. Are they willing to provide a virtual tour over FaceTime?
So what if I work a part time job but get paid weekly and 500 a week
Slow down speed racer I was told you can see the apartment when you lease it.
- There was a full fledged fire escape there.
From my personal experience, I am sick and tired of dealing with mentally disturbed leasing agents.
How is your week going?😆
Cyber Credible got my credit up to 760 for my apartment approval and I got approved
On Twitter I got his service
Hey I need help with renting
So my current lease ends in about 5 months should I be applying and emailing landlords now or wait until it’s closer?
Wait until it’s closer! I’d start looking 1-2 months out.
@@PracticalPersonalFinance ok thank you I’ve been stressing out haha