Where Is Penrose?

Are you shopping for a 3-bedroom detached house rental in 22204? Get in touch with Will Nesbitt. Will is the Realtor that can help.

Interesting Detached Home Available For Rent in 22204 in Arlington

Larger than it looks on a double corner lot, this 3 BD, 2 1/2 bath home is freshly painted and full of charm. Huge master suite on the upper level with bonus space for an office. Close commutes to Ft. Myer, FSI, Pentagon, DC by bus or car. Walk to … [Read more] $3,400 || 3 BR House At Penrose || 22204

Leasing a Rental

Leasing a rental is a very serious decision which warrants a great deal of attention before a final decision is made. When choosing a rental property, renters in Northern Virginia have a variety of factors to consider including, but not limited to, price, size, location, amenities, length of stay, proximity to Metro, type of home (condo, townhouse, single-family, etc.). A smarter renter will consider all of his/her options before making a decision to ensure that they are making the best possible decision. But the number of choices can be overwhelming. It is difficult to know that you are not missing anything. A Rental Agent can help you make sense of your options. The best part is that hiring a Rental Agent costs the renter nothing. [Learn more.]

Real Estate Overview

Shopping Options

See more in 22204 $3,200 to $3,600

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Renting is a good way to get some firsthand experience with a neighborhood. Renting can let you sign a 1-year lease, say in a Shirlington 2 bedroom condo for example, with the option to continue, if you like the neighborhood. An advantage of this is you can test the waters, to see if you really love the features of this neighborhood or not. If you don’t like where you’re at, say, for example, if the 4 bedroom, 2 story home in Lorton is not your style, you can always relocate to another place.

Pay as You Go

Many Americans live pay check to pay check. Upfront, you will have a security deposit, with a rate that depends on your credit score. If you have a good credit score, your property manager might only charge 1 months’ rent, for a security deposit. On the other hand, if you have a poor credit score, your property manager might charge 2 months’ rent, for a security deposit. After this initial fee (which can be refunded if you meet the requirements like passing the move out inspection), it’s nice to know that after a chunk of your paycheck is put into your monthly rent, there’s a good portion left for bills, necessities, and fun expenditures, like neighborhood nightlife or personal hobbies.

Short Term Commitment & Little Investment

Not sure if you want to stay in Northern Virginia, as a Washington DC commuting, GS-5? Do you have plans of living in California and seeing Napa Valley, Los Angeles, and San Francisco firsthand? Are you Active duty military, with upcoming orders for a new assignment, with no interest in the responsibility of becoming a homeowner? If so, these questions might make you lean towards renting, as opposed to buying. It’s nice to know that as a renter, you won’t have to worry about footing the bill for a repair on a roof that is falling apart, paying a monthly a condo fee (that could range anywhere from $150-$700), or paying the bill for a lawn service to pick up the leaves from your $1,000,000 Mount Vernon home, in fall. Overall, renting can be cheaper upfront, but it isn’t for everyone. Also, who says you can’t just buy later?

Build Your Credit While You Sock Away Savings for a Down Payment

Paying your bills on time is an excellent way to build your credit score, and to show lenders that you know how to manage your money. If you are frugal, you can take a chip off each paycheck, to build up savings for buying a home in the future. The return on applying your savings to the purchase of the home of your dreams can be exponential. For those with an eye on the future, being a responsible tenant can prepare you financially and teach you the accountability necessary for homeownership.

Roommates

Spending time with friends can make for priceless memories. Living together can be fun and slightly cheaper than going solo. The process of getting a group of friends together to rent out a property can be a very rewarding and challenging process. A Nesbitt Realty Realtor, like Stuart Nesbitt, can help make the later stages of finding and renting a property simple. There are many different neighborhoods in Northern Virginia to choose from, that can fit your specific needs (such as being metro accessible, having the main street, Being near a good school, being luxurious, being a certain type of building style [e.g. high-rise or garden style, for example], being affordable, or even being off the beaten path).