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August 8, 2023Ways To Make Renting Out Your Property Easier
August 22, 2023Finding the perfect rental home in a city as big and diverse as Charlotte may seem like a daunting task. Then, when you factor in variables such as price, size, and location, it might just feel like you’re looking for a needle in a haystack. But don’t despair! It takes time and a bit of hard work, but finding your perfect rental space in the Queen City doesn’t have to be impossible. Read on for several helpful tips to keep in mind as you scour the city for your next home.
Formulate a Budget & Stick to It
The first thing to do when searching for a rental home is establish a budget. More specifically, you need to put a cap on how much you’re willing to spend. Budgeting may sound rather arbitrary, but careful formulation using income and expenses will make it much easier to come up with a number.
Know Your Needs & Your Wants
Differentiating between needs and wants is an important skill when house hunting. Make a list before you begin your search: How many bedrooms do you need? How many bathrooms? What are some nice-to-haves that will make the property more desirable, but they aren’t deal-breakers?
Location, Location, Location
Imagine you find the perfect rental space, but it’s in the wrong area. Picking a home in the right location is critical because you can’t pick it up and move it somewhere else, no matter how perfect it may be. Consider how far the home is from your workplace, from the nearest grocery store, and other essential places that you’ll visit regularly.
Timing is Everything
Summer is one of the most competitive seasons when it comes to rental property. Landlords can successfully charge higher prices due to high demand. As the busy season winds down, you’ll notice that prices begin to drop. If you can wait it out, consider renting in the fall or winter to save money.
Be Persistent
Unfortunately, you’re not likely to find your dream rental home after one day. Chances are, you’ll have to work hard and be persistent in your search to find something worthwhile. That’s why it’s so important to know what you need ahead of time. Then, when the opportunity comes along, you can jump on it before someone else comes along.
Search With Talley Properties
Use our online search tool to find your next rental space in the Charlotte area. Check back often for new listings. Also, keep an eye on the Talley Properties blog for more tips and advice when it comes to renting in the Queen City!