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Apartments for Rent:
Making the Most of Your Rental Experience
by Kris Beldin
Although
renting isn't always the most desirable option, sometimes
-- for many -- it's the only option. Having been a renter
myself I know the frustrations, as well as the joys
of renting.
As you
peruse the classified ads under "apartments for
rent" you are probably looking for two things in
particular: first, the price, and second, the included
amenities. When my wife and I were searching for our
first apartment, price was a major factor for us mostly
because we were on a newlywed budget, i.e., tight. Since
our first apartment, I have learned that there are a
lot more factors that should be at or near the top of
your apartment wish list.
- See
the property before putting any money down. Even though
price and the included amenities are important, those
may not make much of a difference if your apartment
is in dire need of repair. The first winter you spend
wishing there was insulation around your doors and
windows might serve as a good sign that, despite the
great price, this apartment may not have been the
ideal find. Although seeing the property first may
not always be possible, ideally speaking, seeing the
property first will at least keep you from unexpectedly
renting a "fixer-upper."
- Check
out your neighbors. Neighbors are great. I have had
great neighbors, but in an apartment, neighbors aren't
just the people across the hall from you; in many
instances, you are surrounded by neighbors, and as
great as some neighbors may be, others can be a real
headache! Having lived in a couple of apartments that
cater to college students, this can be a real deal
maker or breaker. If you have small children or just
value your sleep, it might not be a bad idea to knock
on a couple of potential neighbors' doors and ask
what things are like once the sun goes down.
- Live
upstairs. Any scientist or plumber will tell you that
water always finds the path of least resistance. It
might help to add the footnote that that path is often
downward. My point here is to tell you to live upstairs.
In addition to being kept out of the "indoor
rain," living upstairs also provides you with
the unlisted amenity of heated floors. Again, any
scientist or HVAC repairman will tell you that heat
rises, living in any one of the upstairs floors will
instantly provide you with heated floors once cold
weather hits.
- Renting
is a two-way street. As I have thought about the possibilities
of owning a duplex, apartment or home that would take
in renters, I am always reminded of how much work
it is to be a landlord. Although rental properties
might seem like a nice self-sustaining investment,
not all owners are ready for the hands-on dedication
required. Before you get yourself into a pickle with
the landlord, check with neighbors to see what management
is like. Do they fix things in a timely manner? Are
tenants treated like people or just paychecks? Does
management make promises and keep them? These are
all important questions to ask if you want to gauge
what living conditions will be like when problems
arise that require management to step in.
Along
this same line, be sure to read through your rental
agreement. Make sure you know what you and your landlord
are agreeing to and get a copy for future reference.
If you don't read the agreement first, you won't have
a leg to stand on if it turns out that management has
not agreed to do what you are asking them to do. Don't
go in unaware.
In the
end, you may not have the luxury to apply all of these
tips. The bottom line is to make the best of what can
sometimes be a not-so-pleasant experience.
About
the Author
Content
provided by 10x Media. Established in 2003, 10x Media
provides innovative online marketing tools. It has expanded
its online presence through networks such as Inside
Real state, Inside Finances and Grab Real Estate, which
contain thousands of pages for city and state specific
real estate information across the nation
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