Tips On Moving Out And Getting Your First Apartment (What I Wish I Knew)

So Okay, I’m going to be honest, your boy Tommy Bryson got finessed with his first apartment. So at 24 in the span of 2 month I’ve already had two apartment in total.

So as they say, I took an L for the Team so you don’t have to. So if you are watching this video and you are thinking about moving out; in this video I’m gong to tell you exactly what to expect and what to avoid.

And if you stick to then end I’ll tell you the story about how I got finessed on my first apartment.

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1. Lets Break down the Facts first
- Requirement for getting your first apartment
- There are two very important things: Income and Credit

Step by Step:
Requirements:
- Pay stubs ( most recent ) or a lot of money in a bank account– usually 2-3 times the rent ( this is a big deal but not that big of a deal )
- Credit score ( debt to income ratio ) – its not important to have good credit, but its very important that yyou don’t have bad credit ( theirs a difference )
- Application fee + Background fee

2. Things I Wish I knew

First: All Rents are not equal
- Meaning what ever they tell you the rent is, that’s what they want to get paid but this is a conversion

Second: What you see is not what you get
- So an apartment might look beautiful but then you come to find out once you leave their ( there are bunch of problems )
- Always go physically to see the apartment or have a very detailed virtual tour with the leasing agent ( check plugs, toilets, kitchen equipment and everything )

Be a Detective : Location is important
- Before I got this apartment where I am currently
- spent hours looking at the area on google maps
- I went personally in my car, and checked out the area to see how it was

Story: imagine getting an apartment and then finding out the neighbor has this crazy dog, or that the place you want to live isn’t that safe or it doesn’t make you feel safe

3. All the Mistakes I made:
- I was Coming from a place of Weakness ( I was desperate to find an apartment )
- Never tell them your real budget

I was Not patient:
- So I didn’t study the apartment complete
- Turns out the plugs had electrical problem, the bathroom was off-center, and on my first week their it almost caused a fire

Over estimated the Benefits:
- Costco is only 5m away ( but I only go once a month )
- The gym is 7m away but would a 5m extra commute plus a $300 discount be worth it

Good News Today:
- This apartment after following all my own rules
- I negotiated down to $725 ( the apartment is bigger and better )
- And the landlord all legit sweet hearts

2019 I made a video about what age should you move out ( and boy did I hear different answers )
- Get me out has soon as its legal
- To never move out and live in the basement
- To my answer which was ( you move you when you build a foundation )
- However you guys need to watch that video if you haven’t already

SO today at age 24 I’ve literally moved out twice in less than 2 months
- So I’m on my second apartment
- And one thing I can tell you is that moving out is not fun
- Its not cheap and did I mention is not fun

What are my actually tips:
- Be Patient and do research
- Don’t get into lease options beyond a year ( month to month sometimes is best )
- Negotiate always

Idea only move out once you can afford to buy a property ( very dumb idea)

- My answer then:
- Don’t move out until you have passive income
- Solid main income

In a lot of countries : people wait till they get married to move out

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*Some of the links and other products that appear on this video are from companies in which Tommy Bryson will earn an affiliate commission or referral bonus. Tommy Bryson is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. I'm an Accountant but I'm not your Accountant, always review information with your Accountant/CPA and your Financial Advisor.

[critter]

I'm currently in a bad situation where I have to move out of my family's home asap for my own safety, I don't have the luxury to wait and prepare a lot, so this information really helps! Thank you so much!
(UPDATE: Thank you all for the likes and positivity, I've finally got my foot in the damn door! The lease is signed, the down payment is paid! No matter how long the struggle seems, the mind plays tricks on you-- the journey ends so much quicker than it started.)

[calcarter]

Getting an apartment before you are 100% ready can kinda force you to grind tho and learn to work hard

[jonb]

My apartment in Arizona back early 1990s cost me $165/month with a shared roommate. It was two blocks away from Arizona State University. Today it rents for $1, 400. Just insane how much these have gone up in price. And, naturally, minimum wage from then to today is pretty much the same.

[midgiefc]

Going and looking in person is so valuable. The place I live in now had bad pictures and didnt look nice in the listing. This was just because the agent was an old lady and didnt know how to take good photos. So the property had little interest and I got a steal on it.

[Chrisleeofficial._]

Me moving out because of family issues 🙋🏼‍♂️

[youtubecommenter]

I’m 24 too & planning on getting my first apartment soon as well. Thank you for this video!

[tivona.virginia]

Thank you for this great information 🙌🏼 I graduated from a community college last year and will be transferring to a university in August. Im 21 years old and decided to look for an apartment instead of living at the dorms. This information will definitely help me and is a learning experience for me especially coming from a low income family

[OTBASH]

Watching these videos to get myself ready. I wanted to move out now but sadly I got laid off from work before the holidays and am now unemployed while trying to find another job. Once I land more work again I'll be able to get the paystubs ready to go. Doesn't help being in NJ with the rents being bs.

[Rural]

This is why we love your channel Tommy. The information and passion is priceless. We can't find many people like that.

[escalantemikey]

I’ve had 3 apartments already throughout a span of 10 years. I’m getting my 4th soon. Great video even if it’s not your first apartment. Thank you for the tips!

[chiefcaleb]

Love the honesty and you’re an excellent point of reference for things to look for

[mikeyserrano]

Gonna be in the apartment hunt next summer, so bookmarked for later use, thanks!!

[matthewwhite]

I live in Vero Beach, FL now. I don't have an apartment, I never had one, but I'm going to get one soon so I can begin a new chapter in adulthood.

[shaggymcdaniel]

I’ve avoided paying for an apartment most of my life. I’ve squatted in many places and have saved a lot of money. I know how much of a waste it is to pay for a roof over my head. It’s not easy, but it can be done and save you so much money.

[KentPetersonmoney]

I didn't move out until I was 31. I'm currently living in my first apartment. Wish I would have stayed with my parents maybe an extra year or two to save up for a downpayment on a home then moved out. I was under the impression rent stayed the same for a few years but my rent went from $534- $715 in 5 years. I would have never rented my current apartment for $715 if it was that much in the beginning. I originally wanted to move out to get more space from my parents and to throw parties but only one friend ever came over which is a bummer. I see this as a learning experience.

[kanamekiyru]

Finally out of school and moving out between march and may. Glad i waited because before I would've moved with bare minimum. Atleast now I'm planning out my bachelor pad

[KevinnPOV]

i love the vision board in the background! 💯

[BusinessTipsWithYulianna]

Nice tips. Thank you for this honest information. I am sure it will help many people to save a good amount of money.

[Johnnydoggs]

Great video ❤ getting an apartment is so stressful especially when getting w2, paystubs and bank statements I had to pay an online vendor for help

[dmanhood]

This video was very helpful! I just got my first job and it's salary so I'm hoping to get an apartment sometime next year!