How to save money: Here is the BEST way to save money anytime you’re renting a home, and exactly what to look for to get the best deal - enjoy! Add me on Instagram: GPStephan
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GET $50 OFF FOR A LIMITED TIME WITH COUPON CODE: THANKYOU50
The Real Estate Agent Academy: Learn how to start and grow your career as a Real Estate Agent to a Six-Figure Income, how to best build your network of clients, expand into luxury markets, and the exact steps I’ve used to grow my business from $0 to over $125 million in sales: https://goo.gl/UFpi4c
Join the private Real Estate Facebook Group:
https://www.facebook.com/groups/therealestatemillionairemastermind/
Step One: Make a list of MUST-HAVES that you cannot live without. This is going to become your base search from which you’re going to look at rentals.
Step Two: See AS MUCH AS YOU CAN on the market. It’s important to know your options, understand the going rates, and this is how you can find the best deal.
Step Three: When it comes time to submit the application, MAKE SURE YOU HAVE EVERYTHING PREPARED AHEAD OF TIME.
Step Four: Negotiate the price and terms!
First, offer 5-10% off the rent and see if they go for it.
Second, if they don’t go for that, offer to move in sooner in exchange for a discount on the rent. From a landlord’s perspective, every day the unit sits empty is a day of lost rent - so it helps to sometimes break it down for landlords that aren’t thinking of this.
Third, if a landlord is ABSOLUTELY holding out for their price, see if they’re willing to give you a some free rent. This does two things: one, you end up with a slightly lower price when you average it throughout the year, and for them, they get their asking price.
Fourth, you can offer to pre-pay a few months ahead of time - and landlords love this. Sometimes strategies like this work well for a landlord who just wants the peace of mind that they’ll get paid on time.
Fifth, negotiate a lower price by signing a longer term lease and locking in your rent long term. This means the landlord CANNOT raise your rent the second year, and you can negotiate these terms ahead of time
Step Five: Review the lease agreement.
GET EVERYTHING IN WRITING. In addition to that, you’ll need to read through the entire lease agreement word by word to make sure there’s nothing out of the ordinary.
STEP SIX: Before you move in, TAKE PICTURES OF EVERYTHING.
This is to document the condition so you aren’t held responsible for any existing damage.
STEP SEVEN: Make sure you GET RENTERS INSURANCE. This is separate insurance that covers YOU and YOUR BELONGINGS in the event of damage. Seriously, DO IT - ALWAYS.
And FINALLY, STEP EIGHT: SMASH THAT LIKE BUTTON! 🙂
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness @gmail.com
My ENTIRE Camera and Recording Equipment:
https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB
Merch: http://www.GrahamStephanStore.com/
GET $50 OFF FOR A LIMITED TIME WITH COUPON CODE: THANKYOU50
The Real Estate Agent Academy: Learn how to start and grow your career as a Real Estate Agent to a Six-Figure Income, how to best build your network of clients, expand into luxury markets, and the exact steps I’ve used to grow my business from $0 to over $125 million in sales: https://goo.gl/UFpi4c
Join the private Real Estate Facebook Group:
https://www.facebook.com/groups/therealestatemillionairemastermind/
Step One: Make a list of MUST-HAVES that you cannot live without. This is going to become your base search from which you’re going to look at rentals.
Step Two: See AS MUCH AS YOU CAN on the market. It’s important to know your options, understand the going rates, and this is how you can find the best deal.
Step Three: When it comes time to submit the application, MAKE SURE YOU HAVE EVERYTHING PREPARED AHEAD OF TIME.
Step Four: Negotiate the price and terms!
First, offer 5-10% off the rent and see if they go for it.
Second, if they don’t go for that, offer to move in sooner in exchange for a discount on the rent. From a landlord’s perspective, every day the unit sits empty is a day of lost rent - so it helps to sometimes break it down for landlords that aren’t thinking of this.
Third, if a landlord is ABSOLUTELY holding out for their price, see if they’re willing to give you a some free rent. This does two things: one, you end up with a slightly lower price when you average it throughout the year, and for them, they get their asking price.
Fourth, you can offer to pre-pay a few months ahead of time - and landlords love this. Sometimes strategies like this work well for a landlord who just wants the peace of mind that they’ll get paid on time.
Fifth, negotiate a lower price by signing a longer term lease and locking in your rent long term. This means the landlord CANNOT raise your rent the second year, and you can negotiate these terms ahead of time
Step Five: Review the lease agreement.
GET EVERYTHING IN WRITING. In addition to that, you’ll need to read through the entire lease agreement word by word to make sure there’s nothing out of the ordinary.
STEP SIX: Before you move in, TAKE PICTURES OF EVERYTHING.
This is to document the condition so you aren’t held responsible for any existing damage.
STEP SEVEN: Make sure you GET RENTERS INSURANCE. This is separate insurance that covers YOU and YOUR BELONGINGS in the event of damage. Seriously, DO IT - ALWAYS.
And FINALLY, STEP EIGHT: SMASH THAT LIKE BUTTON! 🙂
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness @gmail.com
My ENTIRE Camera and Recording Equipment:
https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB
Genuinely good info.. 🫶🏽
This video was nothing to do with tips on saving whilst paying rent. It was all about getting a rental. Time wasting when the wrong title is on the video
these tips were awesome thank you
More rent videos!! This is my first time doing anything on my own .my mom passed and I have no help so thank you
Amazing helpful YouTube video
This video worths a lot of money. So much value
I know this video has few views in comparison but i'm out to go find a place to rent for the first time with some close friends and everything here is going to be very useful. Thanks Graham! 🙂
I wish it was this easy in my country. We litteraly have no say in any of this and none of those kind of websites. 😭
Can I just say I love you for this video!!!!!!!!! Saved our behinds!!!
How do you know that you’re not getting scammed someone on Craigslist?
Are you looking for a place to spend a holiday with your family or spouse, then Burbank hotel is the best place to be, with comfortable atmosphere and security.
🦜🪴🐌 Graham Stephan: EVERY SINGLE THING you offered as tips were "right on point," down to Scam Artist Alert — they are NEVER in person & want money down before lease agreement, they want money "wired" to them remotely. One I saw showed PRETTY pictures, room to room👌. Apr 28, 2021. 👌
This happened to me they tried to scam me twice. The applications were also very sketchy. I wish I would of seen this video before.
Now a days craigslist is just ads and scams.
love the jacket my g !
Me and my roommates pay 600 each
Does the negotiation actually work ?
Super valuable
dude you are INCREDIBLE
“ invent problems “
Lol
I love it !
Cute jacket can I have it😂
How do you feel about renting a High Rise apartment?
Lol i like you
Great info.
Is there a way that you could do some videos on like what to expect, charges, things you need to pay while renting a home? Is it like renting an apartment?
If I heard correctly as of 2020 California landlords aren’t allowed to raise rent every year when there are tenants in long term leases. Is this true?
One of the most legit and informative rental tips videos I've ever watched! Thanks for sharing Graham! <3
Lots of great info, thank you
19 and moving out soon but i was wondering how far would be too far to commute to work?
I use Honey to save my money in Onlineshops: It's easy to use and I hadn't have any issues.
Honey: @t
Please make a Visio about robinhood
Random question but can you see at what point in the video people are hitting the like button? Like how you can see when people stop watching the video.
Hey all! Around one minute in, I say your monthly rent shouldn't exceed 3x your income…I MEANT to say "shouldn't exceed 1/3rd" your income. Every now and then I mess up, thought this was worth clarifying for anyone who didn't understand 🙂