Posts Tagged ‘lease’

For many renters, location and budget are two critical factors in deciding on a home to rent. After all, we want to be close to our jobs, as well as the activities we enjoy in our down time. Yet, landlords also use apartment amenities of their property to sway potential renters. These renters may observe resort...

Liability insurance and coverage for loss has always been a part of a landlord’s expenses. They simply must make sure to protect their financial investment. However, the property insurance is meant to allow the landlord to rebuilding or re-coop their losses from the destruction of the property. Many renters believe...

Renting is a numbers game. After all, many of us want to enjoy the luxury amenities, but not many of us can afford them. As urban areas see continued increase in demand without the inventory to meet it, rents continue to rise. Affordable housing will continue to be a crisis in many major cities and towns. This type of...

While the number of foreclosures and delinquencies has been on a downward slide, particularly compared to a year ago, affordability in the housing market remains elusive. Home prices have been on the rise. In areas of high demand, these increases are quickly removing the affordability component for both renters and...

For any renter, it can be hard to imagine that cookie cutter apartment reflecting your unique style or standing out from all the other units, especially when your budget is limited. However, there are ways to create a distinctive style without breaking the bank or the landlord’s guidelines. A few of the ways to give...

For many in the housing industry, there are a myriad of discussions as to why Millennials are not making the move into home ownership. Reasons listed include the economy, student loan debt and struggling to save for a down payment. While these might have some bearing on their decision to remain renters, others have...

There may be a time when you find yourself needing to move out of your rental before the lease is up. Breaking a rental agreement can be a problem, as you’ve signed a contract to say you’ll be renting the property for a certain length of time. Legally, it isn’t easy to get out of a rental agreement. The usual ways are...

It is not an illusion that more of your paycheck is going to rent. Statistics show rents have increased approximately 15% between 2009 and 2014. Depending on where you live, the cost of renting may have amplified even more. Metropolitan areas have seen the sharpest gains. The tightening inventory and increased renter...

It’s not something any of us wants to happen, but it may happen to you. What I’m talking about is eviction. Eviction happens for a lot of reasons, and not always because you’re a bad tenant (Usually that’s what it means, however). In the U.S., 3.4 million tenants were evicted in 2014. That’s a lot of people and no...

If you live in New York or Chicago, you must have heard about these terms. Not just that you heard about them, you probably wish you have rented one of those apartments. Both of them involve rent regulation, but they have different sets of regulation. According to the 2011 NYC Housing and Vacancy Survey, there are...

Browsing different real estate sites, like Craigslist, Zillow, Apartments.com, is always the first step for you to find your next rental apartment. Am I right? Scammers know this too. Don’t always trust those nice pictures or wordings easily. When you find an apartment that’s very cheap in a good location, chances are...

I can answer it very simply and you probably won’t like the answer: yes, you will experience rent increase every year. No need to panic yet.  There are two ways you can rent the apartment; either you sign a lease or you sign a rental agreement. Lease is typically for one year or more, while the rental agreement is...

This question has been a topic of many conversations for a quite some time right now. It seems that the American dream of owning a home is becoming just that, a dream. More than 35% of Americans are renting rather than owning a home and that number keeps increasing at fast pace. In a perfect world, everyone would own...