Apartment. Friday , July 06th , 2018 - 09:54:10 AM
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.
Anyhow, before sharing my experience, let me ask you a question that, Do you also feel that locating at a new place is always a daunting and scary task, especially in some new city? This question I am asking you, because last year I had to locate myself in one of the rented apartment due to my job. Although the distance between both these cities is about six hours or so, but as I had never been away from my apartment for a day travel of these six hours was not less than travelling to space.
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.
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