The first step for any renter is to establish a realistic budget. Without a budget you will not be able to make an informed decision about the type of property that you are able to afford, and you may eventually find yourself struggling to pay your rent.
When drawing up a budget you need to consider your fixed costs. These are payments that must be made monthly and they cannot be altered. You need to subtract your fixed costs from your monthly income. These could include car insurance, travel costs, school fees, and debt repayments. Then, you should also subtract your living expenses such as food, entertainment, and medical bills. Once you have subtracted all these costs, you will be able to determine the amount that you have available to spend on rent per month. It is important to be realistic when you draw up your monthly expenses; and it is a good idea to include an additional amount to be set aside for emergencies, savings, and unexpected expenses. Once you have a clear idea of your rental budget, you may then start looking for a property that suits both your lifestyle requirements and is within your budget. This is a good time to contact a Rental Agent. Rental Agents have access to all the available rentals. They can ensure that you get good value for money; and best of all, they cost the renter nothing.
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Will is the principal broker of Nesbitt Realty and Condo Alexandria. He is licensed in anywhere in the Commonwealth of Virginia, but focuses on those communities found in and around Alexandria, Arlington, Mount Vernon and Springfield/Franconia.
Will has been involved in real estate management, sales and investment for more than twenty years. He is a veteran of the U.S. Army. While in the army, he studied Russian at Monterey's Defense Language Institute. He is also a "veteran of the dotcom wars" and built most of the sites associated with NesbittRealty.com
Will currently resides in Belle Haven Estates just outside Old Town, overlooking New Alexandria. He is a former president of the Mount Vernon Youth Athletic Association and founded the Alexandria Fun with Friends Group. Will is the author of BattlestorM, a tabletop fantasy game, which was published by Ral Partha Publishing in the late '90's, and Arthur's Realm, a boardgame available at the Gamecrafter.
