A s a property management company in Medford, OR, we closely monitor legislative changes that impact landlords and tenants. This year, several bills in the Oregon House and Senate could significantly alter the rental market. Here’s a breakdown of the proposals and what they mean for our industry.

Finding the perfect rental can be an exciting yet challenging task. With so many options available, it's important to have a clear plan and checklist to ensure you find a rental that meets all your needs. In this comprehensive house hunting checklist, we'll cover everything you need to consider when searching for your next home. Determine Your Budget Before you begin your search, it's crucial to determine your budget. Take some time to evaluate your income and expenses to determine how much you can comfortably afford to spend on rent. The general rule of thumb is to allocate no more than 30% of your gross income to housing expenses. However, this may vary depending on your location and individual circumstances. Consider using a rent calculator to get a better idea of what you can afford based on your location, desired number of bedrooms, and monthly income. This tool will provide you with a recommended rent figure and apartment options that fit your budget. Choose Your Ideal Location Next, narrow down your options by considering the location that best suits your needs. Ask yourself the following questions: How close do I need to be to work or school? Do I prefer a quiet neighborhood or a bustling city center? Are there specific amenities or attractions I want to be near? Are there any safety concerns in the area? How convenient is the neighborhood in terms of transportation and access to daily necessities? By answering these questions, you can identify the ideal location for your new home. Determine Your Must-Have Features Now it's time to determine the must-have features and amenities you're looking for . Consider the following factors: Size and Layout How many bedrooms and bathrooms do you need? Do you require a specific square footage or layout? Appliances and Utilities Are you looking for a fully equipped kitchen with modern appliances? Is in-unit laundry a necessity? Do you prefer utilities to be included in the rent or paid separately? Parking and Transportation Do you need a dedicated parking space or access to public transportation Is bike storage or a secure parking facility important to you? Pet-Friendly Policies Do you have pets or plan to get one in the future? Are there any restrictions or additional fees for pet-friendly rentals? Amenities and Community Features Are there specific amenities you desire, such as a pool, fitness center, or communal spaces? Do you prefer a pet-friendly community, on-site maintenance, or a secure building? Consider your lifestyle and prioritize the features that are most important to you. This will help you narrow down your options and find rentals that meet your criteria. Research Potential Neighborhoods Once you have an idea of the location and features you're looking for, it's time to research potential neighborhoods. Look into the safety of the area, proximity to essential services, and the overall vibe of the community. Consider factors such as nearby schools, grocery stores, restaurants, and recreational facilities. You can also reach out to current residents or explore online forums to get a better sense of the neighborhood's atmosphere and any concerns you should be aware of. Conduct In-Person Inspections Virtual tours can be helpful, but it's essential to conduct in-person inspections before making a final decision. Here are key areas to inspect during your visit: Condition of the Rental Examine the floors, walls, and ceilings for any signs of damage, leaks, or cracks. Check the doors and windows for proper functionality and security. Test the water pressure and temperature in the bathroom and kitchen. Appliances and Fixtures Ensure all appliances, such as the refrigerator, stove, and dishwasher, are in good working condition. Test light fixtures, electrical outlets, and heating/cooling systems. Storage Space Evaluate the available storage options, such as closets, cabinets, and additional storage units. Safety and Security Check for smoke detectors, carbon monoxide detectors, and fire extinguishers. Inquire about the building's security measures, such as surveillance cameras or secure entry systems. Parking and Outdoor Areas Assess the parking situation, including available spaces, assigned parking, or street parking. Explore any outdoor areas, such as balconies or communal spaces, for cleanliness and maintenance. Review Lease Terms and Policies Before signing a lease agreement, carefully review the terms and policies. Pay attention to the following details: Lease duration and renewal options Rent amount, due dates, and accepted payment methods Security deposit amount and refund policies Maintenance and repair responsibilities Pet policies and additional fees Subletting or roommate policies If you have any concerns or questions, don't hesitate to discuss them with the landlord or property manager before signing the lease. Consider Additional Costs and Expenses In addition to rent, it's important to consider any additional costs and expenses associated with renting the premises. These may include: Utilities such as electricity, water, gas, and internet Monthly parking fees or transportation costs Renter's insurance to protect your personal belongings Moving expenses, including hiring movers or renting a moving truck Factor in these costs when determining your overall budget and affordability. Trust Your Instincts Lastly, trust your instincts. If something feels off or doesn't align with your expectations, it's okay to continue your search. Finding the perfect rental takes time, but with a well-defined checklist and thorough inspections, you'll be more likely to find a rental that feels like home. Remember, renting any home is a significant commitment, so take your time and make an informed decision that aligns with your needs and preferences. Happy house hunting!