Adulting is pretty scary -- not only do you no longer no longer have a safety net, but you now have to find a place to live outside of your perfect, little bubble. Your parents try to give you advice because "they've been where your are now," but that was years ago, you want advice from someone who's done it before and is your age.
The following, is advice from recent University graduates who have "been there, done that" who want to see you succeed!
Depending on where you are looking, the housing/rental market can be very competitive. If you can go view the apartments or attend open houses, be prepared. Have a stack of applications ready to go and a checkbook handy. If you're prepared, your chances of landing your top choice will be higher (just like in University!)
Once you have a budget, stick to it! Don't go raising your budget to something out of reach. Figure out what you're looking for and find something in your budget, don't get talked into upgrading if you can't afford it. It's your credit score and it's not worth risking over an apartment you'll live in temporarily.
This section is so important, always, always, always, have a good credit score. A lot of the time, your credit score acts as a first impression. If you have a less than stellar credit score, chances are, the landlord won't rent to you, because you are a risk.
You're going to hear a lot of people saying "location, location, location!" That's very true, but what if you can't afford the location? You don't have to be in the middle of everything when you are first on your own, while it would be very convenient, so is having a bank account with actual money in it. The further you are from the action, the more money you will have AND your apartment will get cheaper, which means you will most likely be able to afford more square meterage.
While they may not be the best areas... yet, up-and-coming neighborhoods are going to be way cheaper than desirable areas. Take the time to explore areas that aren't prime locations, but may make it there.
There are a lot of things to remember when renting or purchasing for the first time, if you would like to impart your wisdom
on others, feel free to leave your tips in the comment section below; we love hearing what you have to say!