Filling a rental application is the initial process of settling into a rental home of your choice. The process requires supporting personal and financial documents in order to get approval for moving into the unit. Being prepared and educated about the process of rental application can save time and speed up the process.

Unless you are well-versed with rental market and everything it entails, it is advisable to consult a rental agent when looking for a rental. Rental agents have the knowledge, skill and experience that it takes to look for the best rental as per a client’s financial and personal requirements. A rental agent helps with documentation, creating a good impression for tenant screening and also ensures time and money are saved.

Millennials account for a major percentage of prospective renters. This could be because of the convenience of staying in a rental in terms of affordability, amenities (desirable features/facilities), and flexibility. Valuable and affordable amenities are one of the most important considerations for millennials, when they look for a house on rent.

Rental market analysis helps a rental property investor in determining its viability in terms of profitability. The process involves studying the real estate market, trends of a locality, local tax rolls, running costs of property, vacancy rate, occupancy rate, etc. Investors compare the average rent of properties to their average costs to see whether the property will generate a positive flow.