The Rental Girl Blog

Top 10 Tips

LindseyPost by Lindsey
5/9/12
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TOP 10 TIPS: Find A Rental

The Rental Girl’sTop 10 Tips” are a series of blog posts we have written to address common questions we receive from renters throughout our work week.

1. First and foremost, when to start looking: Start inquiring on rentals about a month and a half before you need to move
Don’t over do it. Many renters feel like they need months to find a rental. In L.A., the average vacancy is filled in less than a month. Tenants only need to give 30 days notice (per the average contract) to move out. If you are looking months in advance, there is no magic 8 ball that can look into the future and possibly know all the vacancies that will be available by the time you are ready to move. Furthermore, millions of people move each year. L.A. is a busy rental market. Vacancy rate is less than 5%. Rentals move quickly. If it’s taken you over a month to locate a property, you may need to broaden your criteria: area, price range and/or amenities. We have written more about when to start looking for a rental here.

2.  Second of all, narrow down your search. Pick an area, a neighborhood. And while you’re at it, narrow down your budget and amenity must haves
This is especially true if you are moving here from out of town (and if that is the case, make sure you read our post specifically for out-of-towners). You also need to know what your budget is and what amenities you absolutely have to have and which ones you can live without. Read our post about Choosing a Rental here for more info.

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The Rental GirlPost by The Rental Girl
5/9/12
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Top 10 Tips: Securing a Rental

The Rental Girl’sTop 10 Tips” are a series of blog posts we have written to address common questions we receive from renters throughout our work week.

Secure your dream place before someone else does! L.A. is a busy rental market with a low vacancy rate. Competition can be fierce. Follow our Top 10 Tips to securing that perfect rental.

1. First of all, make sure you’re not getting scammed
Does the rent look way too good to be true? Is the owner asking you to go to the vacancy on your own then mail him the deposit? Probably a scam. Any ad that asks for money up front, aside from an application fee, is most likely a scam.

2.  Get your act together
Gather all the information you need to apply in advance: present and previous rental history, landlord names and numbers, addresses, references, job history. Take a look at a standard application form online to have an idea what info you need. You can download ours here. There is only so much information a landlord can request from an applicant on an application so all California applications request similar information. Most landlords throughout L.A. require the same thing: complete application, copy of ID, verification of income. There is not much a landlord can ask for, so it’s normally the same info every time. It’s not that difficult to prepare for this process and being prepared can be the one thing between you getting or loosing your next dream home. Gather all your information in advance. You’ll be thankful you did when you’re filling out an application on the spot for a highly sought rental.

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The Rental GirlPost by The Rental Girl
5/9/12
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TOP 10 TIPS: Choosing A Rental

The Rental Girl’sTop 10 Tips” are a series of blog posts we have written to address common questions we receive from renters throughout our work week.

1. Figure out where in LA you want to live
Not sure what neighborhood you want to live in? Don’t ask a stranger, don’t ask us. Ask someone you know, someone who knows you. Asking a stranger what area to live in is like asking them what style clothes you should wear. If you ask us, you might be leaving your house in the morning with stilettos, a colorful sun dress and a bright pink hat. May not exactly fit your steez. You need to live somewhere that suits you and your needs. Consider proximity to friends and proximity to work. Don’t live next to the ocean if you work in Downtown LA. Just drive to the beach on the weekends. That will be a lot easier than commuting everyday. Don’t live far away from your friends. You’ll never see them. If you live on the Westside, your friends on the Eastside may as well be on another planet. That’s all the advice we can give you. But you do need to figure our location on your own ASAP. This is a critical 1st step.

2. Figure out your price range
Most renters can afford 1/3 of their income. Some may want to spend less, some more. Don’t forget to calculate in utilities, cost of moving and security deposit.

 

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