Renters have increased in the U.S. over the last few years, and while many agree that renting often offers less stress than owning a home, renting comes with its fair share of stresses. As a renter, you should be aware of certain laws and helpful tips that may help make your renting experience a positive one. When looking for a place to rent you may want to consider looking during the winter season. Winter months are usually slow, and you may find a better deal. Renter’s insurance is available for you and worthy of consideration. Most policies cover theft, damage caused by natural disasters, and liability for visitors. There is a cap on your security deposit. You should look up your state’s limit, and ensure your landlord is following the law. Every renter should retain receipts and document everything such as repairs and broken appliances. Finally, save receipts and email correspondence between you and your landlord in case something goes wrong, and you need to pull up critical information in the future. More here
