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Tips for Finding Rental Property
The National Capitol Area is one of the tightest rental markets in the country. Still, despite what you may have heard, it is possible to find a place which meets your needs and your budget.
Employ a rental agent
A rental agent costs you nothing and can provide you much. Few newcomers understand the distinctions between places like Ballston, Pimmit Hills, Rosslyn, Groveton, Springfield, Lyon Park, Del Ray and Belle View. If you've spent the last two years here, but your world has been limited to places two blocks from a Metro stop, it's likely that you are missing out on much that the area has to offer. This doesn't mean you need a car. This means you need to consult a professional.
Keep an open mind
The best deals in real estate are usually found where others aren't looking. So, if "everyone" says to move a certain neighborhood, you're probably too late. Your best friend is a real estate professional and suggests that you to a particular neighborhood then take note. Otherwise, take friendly advice with a grain of salt. If you're not a long term resident and/or a real estate professional, then you probably don't really know all the choices that are out there.
Traffic
Traffic in Northern Virginia is terrible ... in some places. The secret is that some neighborhoods are well-planned and traffic-free. Newcomers often only learn about these neighborhoods after they've signed their lease. It's nearly impossible for someone who is outside of the area to know the traffic patterns and what area's to avoid. The closest property by miles is not necessarily the closest property in time-travelled.
Be patient and flexible
Some of the best places to live are found in little neighborhoods or in condominium communities. In the hidden neighborhoods, sometimes the property you want isn't available today, but it is available in two weeks. Sometimes the property you want is available now, but you wanted to move next month. Things are constantly changing, but it will all work out. Afterall, you only need one residence.
Cats & Dogs
Only 40% of the apartments in Maryland, Virginia and DC accept cats and only 10% accept dogs. If you don't already have a pet, you won't want to limit your search to only places that will accept a dog. If you do require an apartment which accepts pets, be ready to offer an additional deposit to cover any damage the pet might cause. Many communities have weight limits on pets.
Parking
A place for your car can be as hard to find as a place for your cat. Some area housing was built before cars even existed. Some areas were developed specifically to take advantage of the Metro, while some communities have ample parking. River Towers and Belle View are condo communities with ample parking.
Metro
Some Metro stops have no parking whatsoever. On the other hand, some Metro (like Huntington) stops have ample parking. The fees for parking vary greatly. In some areas, it's just not feasible or practical to ride the Metro (despite what you may have heard). In some areas, your destination has no parking so Metro is the only answer. Tell your rental agent about your transportation capabilities and the destination of your commute.
Landlords
Landlords get many calls, and have to write them down quickly to keep up with them. So stand out in a positive way by leaving a good message. If you're using an agent, let them know the agent's name. Landlord tend to take renters with agents a little more seriously because they know that you've already gotten a full description of their place, that you are prequalified and that you aren't wasting their time.
Applications
Have a neat application already filled out to present to your potential landlord. (Your rental agent can provide a uniform rental application that should be accepted by most landlords.) A credit report is also a big help. (Some rental agents can provide this as well.) Be on time and don't be afraid to show your most friendly and responsible side. Landlords will look at your application, but they are also looking at you.
Will Nesbitt
Will Nesbitt is a long time resident and a real estate professional. Please contact him to find your best rental now.
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