Some Thoughts On Renting

The biggest expense in your life will be

• Housing!

An application fee is non-refundable($30-$80) that checks out

your • Criminal history

• Credit history

• Renter’s history

Rule of thumb/never pay more than

• 30% of your income for

• HOUSING!

The Lease

• A legal contract that allows you to occupy the property for a specified time(usually 6 months to 1 year) as long as you

• Pay the rent

• Follow the rules specified in the contract

The most common reasons for eviction(being kicked out of your

apartment)

• Failing to pay rent

Too may people in a the apartment

Having pets

Criminal Activity

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are needed to see this picture.

Just to get keys to an apartment to live in you must come up with

• $800(average monthly rent in Twin Cities for a 1 bedroom apartment

• $800(Security Deposit)

• $800(For last month rent)

• $50(Application fee)

• Total=$2450

Under what conditions can a landlord

enter your apartment immediately? • Necessary to prevent an injury to a

tenant(fire)

• To determine a tenant’s safety

• Landlord believes an illegal activity is taking place

Final Thoughts

• Try to avoid renting your 1st apartment with your best friend

• Take pictures of everything in the apartment before you move in