Serviced Apartments: Looking to live like a local? Consider becoming a renter instead of buying a home. This not only saves you money but also makes it easier to maintain. With the rise in popularity of renting instead of buying, property owners have become suspicious of potential tenants.
This can make it difficult for people looking for an affordable place to live. To help you navigate this process, we’ve compiled some important information about renting an apartment. Read on to learn more! APT: Are You the One Who’s Trying to Get Away From Home? If you’re reading this, chances are you’re looking for an apartment rather than a house.
Renting your own place eases the pain of being far from family and friends while still having access to the same costs and conveniences as homeowners. But just because it’s safe and cheap doesn’t mean it’s easy. Check out these tips before applying for serviced apartments.
Be selective with your rental search
Search for rentals carefully, as you don’t want to rent a boat or helicopter. While many properties classified as rentals have access to boat or helicopter rentals, the majority don’t. If you’re planning to fish or boat ride, make sure the rental property has a secluded, soft-tyred boat or helicopter available for your use.
Apartments usually don’t have these luxuries, so if you’re interested in taking home a bit of the boat or helicopter, ask the rental property manager if they’re willing to share. The lessor (usually the homeowner) usually reserves the right to charge you for the use of the boat or helicopter.
Be prepared to cough up some cash
The upfront cost of a rental property can be a shock to the system. Thankfully, most properties will include a security deposit that you’ll be expected to pay before your lease starts. This deposit varies from property to property, but most will be around one month’s rent. Some apartment complexes will require you to pay the full amount up front to reserve the unit. The maximum amount a tenant can be required to pay is four months’ rent.
Take a Hiring Manager Course
If you’re interested in finding a place to live as a long-term solution, consider taking a hiring manager course. These are available at local colleges and universities, and they’ll give you an inside look at the administrative process of renting. You’ll learn about common rental problems, such as scheduling conflicts and not getting what you’re paying for. You’ll also learn about common hiring manager problems, such as employees who don’t do their jobs properly or show up for work. The course cost is about $100. You can find hiring manager courses at many community and educational centers.
Look for rentals with a/c and heat
Most apartments don’t come with a/c or heat, so make sure to look for rentals with these features when searching. Some people love the heat, but if you’re sensitive to it, some places can be very uncomfortable. Make sure the a/c is big enough to comfortably fit two people, if necessary. A/C units usually cost more than heating units, so be aware of this before booking a rental.
Applying for an apartment rental can be scary!
The application process for an apartment rental can be very stressful. It can feel like you’re applying to be a tenant in someone else’s house. Each place you apply to rent has its own unique process, so make sure you thoroughly read the rules and regulations of every property you’re looking at. Some places have a waiting list, so you may have to put down some serious offer-to-buy cash in order to get a hold of one.
Renting an apartment instead of buying a home can save you a significant amount of money. Unlike homeowners who must make repairs and maintenance payments throughout the life of a home, renters rarely do. And with so much to gain from renting, it’s no wonder that more and more people are choosing this over buying a home. Whether you’re a first-time homebuyer or a seasoned real estate investor, renting an apartment can help you pick up where you left off when it comes to saving for a bigger purchase.