If you're moving to a new town or
section of your city, living in rental homes instead of buying property can
give you a preview of the area. You can drive by, spend time on, and even walk
through neighborhoods but it's not until you actually live there that you know
what it's really like. By signing a year lease, you'll know whether this is
where you want to put down roots. First, you have to find rentals that are
close to where you'd like to buy. Next, you'll need to see what it's like to
commute to and from work or school. Finally, you'll get to find out what the
scene is actually like, up close and personal.
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Finding rental homes that fit
your budget and align with your desires is step number one. Typically, you
shouldn't plan to pay more for rent than one-quarter to one-third of your
monthly take home pay. If you opt for a more expensive place, you'll be sorry.
You'll also need to consider the amenities you desire. Do you need a yard for
the kids and the dog? Does the idea of sharing one bathroom with your family
members make you break into a cold sweat? Then find a place that fits your
needs and is in the location you'd like to settle in.
Commute time isn't something to
brush off. If you decide you'll move into rental homes in a lovely area where a
long commute is part of the package, you will want to see how this actually
works for you. You might think it would be no problem because your car is
fuel-efficient and you'll listen to books on CD every day to improve your
literary repertoire. Thinking about it and actually doing it is definitely two
different things. Test the waters before becoming a homeowner with a lengthy
commute.
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