How to Save Big While Renting a Home in California

Right Facing For Rent Real Estate Sign Over Clouds and Sunny SkyAre you looking for the perfect diamond in the rough on the local real estate market? Since more and more people decide that ownership is not their cup of tea for various reasons, the rental market is flourishing. As rental rates keep reaching higher values, tenants must master every trick in the book to profit from the best deals. In case you wish to save some money for a rainy day without living in a cardboard box, keep reading to discover the best tips on how to identify affordable rentals in California rapidly and stress-free.

1. Go Online and Compare Rental Costs. Surf the web and check out online real estate directories. Use calculators to determine the cost of livingand average rental expenses associated with different cities. This first step will help you narrow down your search and focus on the neighborhoods matching your specific criteria.

2. Find a New Roof over Your Head in the Off-Season. It’s always easier to unlock additional savings in the off-season, when landlords have slimmer chances to attract tourists and ask a ton of cash for their vacation rentals. Any amount of money is better than no money at all; therefore you could start your rental hunt in autumn or winter to prey on the landlord’s fear of vacancy.

3. Summer Sublets Let You Enjoy the Big City Life on a Budget. During summer, lots of college students fly back home and most families go on long vacations. This is the main reason why many tenants agree to sublet their apartments for a ridiculously low amount of money. Profit from this amazing opportunity to get the keys to a fantastic place without spending more than you can afford on a rental. If you’re single and baggage-less you won’t need a lot of space, so you could actually go for a tiny, elegant studio in your ZIP code of choice.

4. Find Your Y. Want to start living as close to your favorite celebs as possible without going bankrupt? If so, just analyze the offers presented to you by the nearest YMCA. About 89 YMCA’s still exist nationwide and ensure accommodation options for low-income people.

5. Start the First Round of Negotiations and Create Your Plan B. Hate the idea of spending more than one night in a slightly depressing dorm-style room? In case your ambitions are limited by a tight budget, chances are that you won’t live next door to Christina Aguileraanytime soon. This doesn’t mean that you have to give up on your dream of relocating to California. Get to plan B.

Start haggling with your new soon-to-be landlord or consider getting a roommate to split the costs. Use your negotiation skills to lower the asking price or make your landlord bring additional perks to the table.


Aug 2014