Apartment. Saturday , July 07th , 2018 - 19:42:46 PM
You also never have to pay thousands of dollars to the estate agent as down payment or big monthly installment. You also never have to worry about paying for building inspections or the tax cover and insurance coverage. Another advantage is that you might never have to pay huge mortgage amounts or interest rates when renting apartments.
The independence of renting your first apartment is exciting, but don't allow your excitement to overshadow reason. Being a first-time renter is challenging and requires responsibility. Before you start viewing apartments, take some time to define your needs and calculate a budget. Add up all of your monthly income, including financial aid, and multiply this number by 0.3. The resulting value is 30% of your monthly income and roughly the amount you can comfortably spend on rent. Only consider apartments for rent with a cost close to this number. Now, do you have pets? Are you open to a roommate? What amenities do you prefer? Do you have transportation, or will you need to walk to class? Ask yourself questions like these, and stay within your budget to narrow your options.
Once you have a clear idea of what you're looking for, begin your apartment search. The best place to start is at your college or university. Many schools offer affordable off-campus living, and most will at least have resources to aid in your search. You can also look for apartments for rent in advertisements posted around campus, or by using a few of the numerous online services as well as newspaper classifieds. Make a list of the rentals you're interested in, and call each leasing office. Ask about rent, utilities, laundry facilities, activity areas and amenities, and extra fees. Most likely, this will eliminate some of your choices. Once your list is reduced to about five properties, you're ready to start viewing.
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