Rent
Rentals: Long-term or Short-term?
We can help you with all rentals like single-family homes, apartments & condos. Here are some tips before you move. Traditionally there is a credit and background check on every applicant. Please note once we pull your credit and background check once and it is yours to keep. A credit & background check can range from $40-60. The amount of money you need to move in is 3 months’ rent ( First, Last, Security). This is not always the case & every transaction is different. Price and terms can be negotiated.
What can I afford?
There is another often-used financial plan that is known as the “50/30/20” rule. This takes into account more than just the rent itself. Using this system:
- 50% of your income is for fixed costs. This includes rent, utilities, monthly bills, and transportation costs;
- 30% is for day-to-day expenses, including entertainment, shopping and eating out; and
- 20% is for savings. This is for saving towards an emergency fund, retirement, investments, and so on.
- The 50/30/20 rule might help you think more broadly about what you’re spending money on while putting some of it away.
At Woolf Realty, Inc we have good relationships with our tenants and landlords and we look forward to helping you. Contact us if you have any questions.
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2022 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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