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Friday, August 22, 2014

THE APARTMENT HUNTER'S SECRET WEAPON: RENTER'S RESUME

With the season turning some of you may be looking for a new home. Owning the fact that we put the "Y" in YP - I know a ton of you are still renting (like me!). & man! Is that renter's market a competitive one! With hot neighborhoods like OTR, Mt. Adams, Hyde Park, Oakley, Mt. Lookout etc. it's a miracle to even get a showing in your dream apartment!

Here's one secret tip for you awesome Magical Simplicity readers that will help set you ahead of the crowd. Around the time I was looking at a studio apartment on Jackson Street in OTR [Correction: around the time I was about to look], I called my sister in San Francisco where housing is super cut throat. Annie, she said, you need to go with a renter's resume + a blank check.

I had never heard of a renter's resume, so she gave me the details & I got busy:
[PS you can click the photo to enlarge]
Tips:
  • You can get a free credit report from Equifax if you sign up & (oh you must remember to) cancel in seven days. They also have your 3 digit credit score.
  • The summary & preferences, that's all you :)
  • In addition to the resume, bring with you: a copy of your ID, the full credit report + the blank check in case you have to make a deposit on the spot. 
  • If you don't use checks (like me) the bank can print you a set of three blank one for about $2.
So, as you know, The Studio is not in OTR. Which leads me to my biggest tip of all: if you know you really want it, offer to pay a year in advance without ever seeing the space. I didn't do that. But someone at the Jackson St. Apt. did.  

It was a bummer, but later that day I found my Studio & it was love at first sight. I handed over my Renter's Resume + packet to my current landlord & she said the place was mine if I wanted. Note: She had never seen a Renter's Resume before! I guess we're beating the trend here in Cincy ;)

4 comments:

  1. This is a really creative idea! I do a ton of rentals being in real estate, and know how stressful it can be to find something before it rents!

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    1. Oh that's right! I forgot real estate is your day job, Olivia! It seriously is so stressful - but this little gem worked like a charm for me. I guess its pretty common in big cities, but at least for now, we're beating the trend by adopting it to Cincy!

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  2. It's amazing how competitive and expensive it has become to rent. I got a great deal on my apt in Hyde Park several years ago because there were multiple vacancies in my building. The person who moved in when I moved out this year paid $400/mo more than what I had originally paid! The resume is a great idea!

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    1. Thanks, Andrea! & WOW! $400 is a crazy increase over just a few short years! Hard to believe! Hoping to stay in my current apartment for at least more than a year!

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