rentals: What You Need to Know When Renting - 08/17/11 01:41 AM
If you're thinking about renting a home whether it's a condo, townhome or a detached home, here are a few things you should know.
How much can I afford?  The rule of thumb is that your yearly income should be at least 40 times the rent.  So, if the rent is $1500/month, you should make at least $60,000 per year.
What about pets?  I love pets but when renting, they limit your choices because many landlords don't want animals destroying their home.
How much are the upfront costs?  Once you find the home you'd like to live in, you will need … (2 comments)