You learn from your mistakes, but if you can learn from other people's mistakes, that is even better. That's never been more true than when it comes to renting a 2-bedroom apartment in Blacksburg, VA.
People tend to think of renting as a fairly cheap way to pay for shelter, but between paying rent every month, furnishing a security deposit (and sometimes the last month's rent) and factoring in moving costs, renting property isn't exactly cheap.
But plenty of renters make rookie errors that make renting even more expensive. If you're a first-time renter, or you will be, remember to avoid these six common traps.
Skimming the lease agreement. Do yourself a favor and look over all of the terms.
For instance, are pets allowed? A common mistake people make is not verifying whether the landlord allows pets.
Skimming the home. You're going to live here. You want to do more than a casual walk-through that involves little more than eyeballing whether your bed will fit in the room.
Many tenants do not measure their furniture to make sure it will fit and often get carried away by the aesthetic of the home, rather than if the rooms are the right size for them. The eye itself is tricky. Sometimes things seem like they would fit, but pay attention to doorways, too. Bring a camera, a notebook and a measuring tape.
And there's one more thing you may not think about. Make sure that all of the appliances are working properly, especially anything that uses gas, like a stove. When you check out a home or apartment, test the burners, the fridge and all water taps before signing a lease.
Lying. There are plenty of bad landlords out there, but not every tenant is going to win a good conduct award either.
Even honest people are tempted to say whatever they think the landlord wants to hear.
So don't say it'll just be you living here if you have a live-in boyfriend or girlfriend. Don't say you don't have a pet and figure you'll hide your furry friend somehow. Don't add an extra zero (or two) when you list your income on an application. If you're caught in a lie before being accepted into a place, you can pretty much forget about moving in. And if you're caught in a lie after you become a resident it could really be costly.
Failing to get or understand your renters insurance. It probably sounds like a scheme the insurance industry came up with, but renters insurance really is important – almost as important as having homeowner's insurance.
Your landlord likely has an insurance policy that covers structural damage to the house or apartment you’re living in, but that policy probably doesn’t cover your possessions. The average renter's policy costs less than $200 per year.
US News - Money