As a new tenant, you may have several questions or concerns about life in your new rental house in Fort Collins. Whether you’re a first-time renter or this is simply your first time renting a house instead of an apartment, here are some helpful resources and tips to help make your experience a positive one.
Whether you’re good at managing your finances or need a little extra help to keep you on track, creating and following a budget is a great way to help you stay financially responsible. There are multiple expenses to consider when creating a monthly budget, so thankfully there are many smart tips and budgeting apps available to help you stay on track with your financial goals. Budgeting will help you during the duration of your lease, but it can also help you be prepared for the day you move out, making it one of the most valuable actions you can take as a new renter.
You can easily track your finances with simple and free budgeting tools. Whether you prefer a more traditional route like pen and paper, or something more modern like the Mint app, there are many resources that can help you proactively manage your money.
Rental Home Inventory
One of the best things you can do to protect yourself as a new tenant is to take inventory and document the condition of the home when you move in. Before you are given the keys, your property management company will more than likely schedule a walkthrough of the property to establish the move-in condition.
You can also use apps such as Encircle to take inventory of your belongings after you’ve moved in so that you are covered in the event of stolen or damaged property. With Encircle or even with the camera on your smartphone, you can carefully document what you own and have easy access to that information in an unfortunate situation.
Renters insurance may be one of the most valuable resources for any renter. With renters insurance, you will have financial protection in the event of an emergency at your rental house. With a renters insurance policy, you receive financial coverage to help you with the cost of replacing belongings or personal property that is stolen, damaged, or even destroyed.
One of the best tips for a new tenant is to read your rental agreement carefully. Be sure that you thoroughly understand the terms and conditions of your lease and have clear direction on what is expected of you as the tenant. If there is any aspect of the lease that you are confused about, make sure that you speak to your property manager and get those questions answered.
Your Property Management Company
Working with a property manager is extremely beneficial for any renter, whether you’re a new or seasoned tenant. Property management companies have the skill, resources, and experience needed to help property owners and tenants alike. Your property management company will help you find the answers to any questions or concerns you may have, and they will also help you when maintenance, repairs, or other services are needed for the home.
Keep the contact information for your property manager saved on your phone or readily available. You might also take the time to explore their website as many companies offer pages for Frequently Asked Questions or Tenant Forms that will provide you with the information you need without having to contact them in person. They may even offer a Blog where they provide their clients with valuable information and advice about renting or about the community.