How to Attract Long-Term Tenants
October 04, 2024
Apartment hunting can be challenging enough when you’re single. But trying to find the perfect apartment as a couple can add a whole other level of frustration to the process. The good news is with a little preparation and thought, it can be much easier than you think. Here are some simple tips to make this process as smooth as it can be.
Prior to searching, determining what you can afford is crucial. Make sure to sit down and think carefully about your budget. Typically, rent should account for no more than 30% of your monthly earnings. But also keep in mind other expenses such as debt payments, groceries, bills, entertainment, and anything else that should be included. Since incomes can vary, discuss what each of you can afford. This is the most important part to ensure your finances don’t end up being stretched too thin.
During your discussion on finances, it’s also a good time to talk about your credit. This is a huge factor that will impact whether you land in the apartment you’re dreaming of or get rejected. Landlords need this for reassurance that you can pay your rent each month. So make an effort to review both of your credit scores and background checks as well in case they are requested. This will help you be prepared so when you do find the perfect apartment, you can feel confident in getting it.
Next, make a list of what you need and want in your new apartment. If you absolutely can’t live without a dishwasher, consider how much more you’re willing to pay for it. It’s best to create this list individually so you both can think about what matters and then review and discuss each of them to prioritize and compromise. You’ll never find a place that fits the bill for everything on your wish list, so determining which features you’re willing to sacrifice is key to making this a much easier process.
Will one person be the main point of contact and the name added to the bills? Or will you divvy them up? Maybe one will pay for groceries while the other will take care of the utilities. Whatever you decide, both of you should feel comfortable with it. Sometimes, having one partner’s name appear on the bills can make the other feel as though it’s really not their place. Hash this out beforehand to avoid any potential conflict.
When you move into a new apartment, you’re also moving into a new neighbourhood, which is why it’s equally as important to love where you live. Be specific and outline the areas that you prefer and that will suit your lifestyle. Also, consider your future needs. For example, if you plan to have a baby, make sure to choose a place and area where you can comfortably grow in.
Honesty is not only fundamental for a relationship to remain strong and healthy, but it’s equally as important for being happy with the place you end up choosing. During your apartment hunting, be open and honest with each other. If you get a bad vibe and feel like a place doesn’t suit you, even if your partner appears to love it, speak up. This is a decision that should feel right for both of you.
Discover a range of high-quality apartments that can suit your needs and budget with the help of Rent in Ottawa. Browse our current listings and services to find the perfect place for you and your partner
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