Tag Archives: rent an apartment

Real Estate Rental Smart Residential Living Tips

Checklist before choosing an apartment for rent in cosmopolitan cities

Looking for a house on rent at an affordable cost in the metropolitan cities is quite a tough job? Affordability is a crucial factor in cosmopolitan cities. Besides the rental amount, maintenance costs, vehicle parking charges, etc., also influence the total payment.

Meanwhile, a house that is designed, well-connected and offers special amenities, can provide a healthy living experience. So how does one strike the right balance? When you choose your house is close vicinity to your workplace so that the travelling time is less, good social infrastructure such as hospitals and educational institutes so that your family members has things to do in the radius around your house, are some key factors that home-hunters should look for, to lead a good way of life.

Things prospective tenants should consider before finalizing a deal

Set a budget: Think through how much you can afford to pay. Focus your search according to your financial plan and though you may be forced to compromise when finding a better-quality apartment in a better area, make sure it is worth the extra money you are spending. If you are looking for an affordable place to rent, try sharing your apartment with a room partner.

Where to search: You can look for properties in newspaper classifieds, apartment hunter publications, and on the Internet. You will get to know the rental market much better and will probably get yourself a better deal. Also, tell your friends and relatives that you are looking for an apartment to rent and maybe they know something in their building.

What to search: Make a list of requirements. Do you want a building close to work that allows pets and has free parking?
You may also want to visit the neighborhood at various times of the day and weekend to see if it is what you expected.
These all count when you decide where to live in for the next few months, if not years.

Credentials of the owner/developer: Perform a thorough background check of the owner or developer, the number of projects he has completed, delivery timelines and the quality of construction.

Lease agreement: Be cautious about the lease agreement, as it holds all the terms and conditions and legal clauses and implications, for all parties involved.

Does it feel safe:  A rental apartment may be beautiful and have all the requirements you need, but is it safe and secure? Check online to learn about area crime rates, talk to the neighbors about the locality and the neighborhood so that you get an idea about the area where you are planning to rent an apartment.

In addition, one should check the neighborhood and contact local brokers to collect more information about the property as well as the location. Last but not the least, check with the brokerage fees (if any), deposit amount, maintenance charges, power and water supply in the area, tenant tenure, possession and clauses in the rental agreement with the landlord.

Read More
Real Estate Smart Residential Living

Studio Apartment or One Bedroom Apartment: Which one is a better option to rent?

Are you planning to rent an apartment on your own? You may be confused on whether you want to live in a one bedroom apartment or in a studio apartment. These days both types of apartments are very popular for single occupants and each one has its own pros.

Here is how to decide whether a one-bedroom apartment is better for you or a studio apartment is the best option.

Reason why you should rent a one bedroom apartment

One-bedroom apartments catch the attention of tenants who wish to have more space and multiple rooms in their apartment. You will have more room to entertain your guest in a one bedroom apartment. The extra space means that your bed and other personal belongings will not be getting in the way (and potentially disappointing you from welcoming friends over). Also, having a living room means you can have a pull-out couch so visiting family members will have a place to stay when they are in town.

Reason why you should rent a studio apartment

Individuals who rent a studio apartment enjoy paying less rent each month, which converts to significant savings year after year.

The simple floor plan of a studio makes it reasonably easy to beautify. Studios are ideal for tenants who don’t have many possessions that they need to display or keep handy in their apartment.

When everything you own is placed in the same room, it is much easier to keep track of and find what you need. Staying in studio apartment forces you to prioritize what you really need and love so you eliminate the rest.

You should decide if you need the upgrade

Thinking between renting a one-bedroom apartment or a studio apartment boils down to thinking of a one-bedroom apartment as an upgrade (since it costs more) and deciding whether the upgrade is worth to you.

As you read in the article above, one-bedroom apartments offer certain advantages in return for the higher rent, but these advantages are not helpful to every occupant.

Also, some occupants who have enough money for a one-bedroom apartment choose they would have a preference, or at least would not mind, living in a studio apartment. If this is your condition, look for a studio that offers excellent views of your city or a nearby park or lake, or in a building that offers more facilities.

 

Read More