June 27, 2022 at 12:06 pm
Justin Becker ·
If you are just starting out in apartment hunting or perhaps want to downsize from a larger home, a one bedroom apartment will probably fit your needs. It is slightly bigger and more practical than a studio apartment. The latter is cheaper, but does not offer much in the way of privacy. With just a little upgrade, you can get a one bedroom apartment that is suitable for daily living in the long run.
When you are in search of a 1-bedroom apartment, there could be several things on your mind. A 1-bed can be quite luxurious too, so you can have a luxurious life in one if that is the goal. On the other hand, some people might be working with a very tight budget. They may only be able to afford a 1-bed, but plan to convert the apartment living room into a bedroom for accommodating the family.
How to Rent a 1-Bedroom Apartment
Now that you are ready to book your 1-bed apartment home, it might be reasonable to look into the required process.
Most apartment complexes have rules about how many people and pets can live in a 1-bed unit. Some may allow you to convert one room to a second bedroom if possible, but some may take strict action against such practices. Make sure you know such policies before signing any lease.
Other than paying the average rent, here are some tips on renting a 1–bedroom apartment anywhere:
1. Benefit from Technology
2. Always take a Tour
1. Benefit from Technology
With the internet at the fingertips of so many people now, it is kind of illogical to skip the online searching and browsing in your 1-bed apartment search. There are several 1-bedroom apartments for rent that you can find out about on various websites. With a good website, such as Rent.com or Zillow, you will be able to put filters. These will get you listings of the most likely bedroom apartments in your desired areas. Checkout our top five websites to search apartments for rent here.
If you are not sure where to start, just pull up your default search engine and type in ‘1-bedroom apartments for rent’ followed by the area you want. For instance, you may want to search for ‘1-bedroom apartments for rent in Keego Harbor, MI.’ You can also tweak the features to look for the key features to look for in an apartment.
2. Always take a Tour
When you are looking for a 1-bedroom apartment, you are looking for a bit of comfort and privacy. While there might be several 1-bedroom apartments in the area and price range you want, there is always the chance of deal breakers.
Some 1-bed apartments may have very thin walls, which let in the sounds of your neighbors (learn how to deal with noisy apartment neighbors here). A 1-bed like this is especially problematic, as you have limited space to escape from the noise.
To minimize the chances of being extremely uncomfortable after moving in, always insist on a physical tour of the 1-bed. Many apartment complexes offer a virtual apartment tour, so look at them while shortlisting. When finalizing the 1-bed, though, an in-person tour is necessary (learn how long apartment tours take here).
Factors to Keep in Mind when Looking for a 1-Bed
Why is it so hard to find an apartment that fits your needs and wants? There could be many answers to this question, but it really boils down to fulfilling your preferences. At the end of the day, every potential tenant wants to lead a certain kind of lifestyle, but not have to pay too much for it. On the other hand, no 1-bed apartment could provide the exact combination of factors and features required by most tenants.
Below are some factors to keep in mind when looking for a 1-bed apartment or any kind of bedroom apartment:
● Having Enough Storage Space
● A Good Location
● Rent Prices
Having Enough Storage Space
Storage space is necessary in an apartment; it needs to be ample as well as non-intrusive – having a balance is an ideal situation. Houses usually have a larger floor plan, with backyards, sheds, attics, and basements for storage purposes.
In a 1-bed apartment, though, space might be very limited. However, there should be enough cabinets, cupboards, and other places for all your necessities in a 1-bed unit so you can adjust to apartment living accordingly.
A Good Location
If you are a retiree looking to downsize from a house to an apartment, you likely want an area that is quiet, peaceful, and preferably has some people of your own age to socialize with. If you are a fresh graduate just heading out on your own for the first time, you may want a more happening area with a lot of job opportunities close by (here is what to know for first-time apartment renters).
Whether you rent a 1-bed apartment or a two bedroom, having a good location is quite important. In any case, it is always good to settle down in a neighborhood that is safe, secure, and well-maintained.
One of the most common reasons why people look for a 1-bed apartment is the comparatively lower rent price. If you are considering a 1-bed unit in an apartment complex, make sure to check the rates for a two bedroom apartment as well. In some cases, two bedroom and one bedroom apartments may not have very different costs. If you have a medium to large family and could use the space, this small difference might turn your decision in favor of the two bedroom apartment.
As a rule of thumb, though, one bedroom apartments and studio apartments usually have the lowest average monthly rent in any location (learn how to find a studio apartment here). When you are browsing 1-bedroom apartments for rent online, use the search tools on the websites to filter the results according to your needs. Also, do some research to find out the average rent for 1-bedroom apartments in your preferred areas.
Difference Between a Studio Apartment and a 1-Bed Apartment
If this is your first time renting an apartment, you might not be clear on the differences between a studio and a 1-bed apartment. Let us clear up the confusion with a few points about the main contrasts between the two:
1. The Matter of Privacy
2. Amenities within the Unit
3. The Expected Lifestyle
4. Level of Professionalism
5. Upkeep and Maintenance
1. The Matter of Privacy
When you are in a studio apartment, there is just one largish open space. This is where you will sleep, eat, hang out with friends, and work, if required. If you are living with roommates or constantly have company over, privacy is going to be a thing of the past for now.
For those in a 1-bed, there is a dedicated bedroom, living area, kitchen, etc. It is more private this way, especially if there are other people in the space. You can easily allow a friend to crash on the couch or just have some space from your significant other if the need arises.
2. Amenities within the Unit
Since a 1-bed is usually larger than a studio apartment, it is also more likely to have several amenities that you can not get in a studio. A 1-bed could easily have laundry hookups, a few closets, additional storage space, and full-sized appliances.
If all these amenities are not absolutely necessary for you, a studio apartment might be suitable. Laundry facilities inside the building are usually good enough; some people even make do with going to the nearest laundromat on a regular basis. Smaller appliances may also be acceptable if you are living alone or with just one other person.
3. The Expected Lifestyle
With a 1-bed, you are more likely to have enough space for regular entertaining. If you are fond of potluck dinners, parties, and random get togethers, it is worth considering a 1-bed for your new apartment home.
If the main aim is just to find a place for living on your own or with someone you are very close with, a larger space might not be that necessary. At the end of the day, you may just need enough space to work, eat, and just be yourself.
4. Level of Professionalism
The matter of space is also related to the kind of professional lifestyle you are aiming for. If someone has a job which requires them to travel a lot or be away from home all day, a large living space does not make much sense. A studio will save you money, be compact enough to maintain easily, and be a cozy space to return to after a long day of work.
On the other hand, those who mostly work from home might need a 1-bed and the extra space it brings. A home office is a good idea in such cases; you want to set it up in a large corner or room to avoid distractions from the rest of the home.
5. Upkeep and Maintenance
Decorating, cleaning, and generally maintaining a space is much easier when it is a small one. Studio apartments are easier to clean than a 1-bed, as it is just one open space. On the other hand, it can also be more prone to clutter due to the lack of storage options (learn how to declutter your apartment here).
A studio apartment usually has fewer walls than a 1-bed, so there is less space to decorate. You can also invest in large works of art, which will look impressive and flaunt your personal style as well. For a 1-bed, the advantage is that you can decorate different rooms in various styles.
There is no doubt that looking for the perfect 1-bed apartment can be a struggle. However, once you do the homework and know what you are looking for, the search will become easier. Start looking now; the demand for any 1-bed will be high and there is no time to waste!
June 20, 2022 at 11:10 am
Justin Becker ·
Nothing lasts forever, and even the best-designed apartment complexes might sometimes experience what is considered normal wear and tear. For instance, you might notice your roof leaking, mildew growing in some areas, or even leaky faucets. When this happens, you need to be ready to address the problems to maintain the quality of your apartment.
In the past, maintenance was mainly done by the landlord or property manager. However, nowadays landlords have placed these responsibilities in the hands of tenants.
So, how can tenants manage effective apartment maintenance service at an affordable cost?
This article discusses a few handy solutions and apartment maintenance tips to help you keep your apartment in good shape.
Maintenance Tips for Apartments
Maintaining an apartment can be very easy if you understand the right steps. Let’s consider below what you should do to achieve successful upkeep of your unit:
Maintaining Your Apartment Floor
If you do not take good care of your apartment floor, it is likely to get damaged. One main cause of damage is dirt. When dirt accumulates in your carpet or rugs, the fibers will wear out.
In the case of harder surfaces, such as vinyl, wood, tiles, and laminate, dirt can cause scratches. In this case, we recommend that you vacuum/mop or spot treat your floors at least once a week, and sweep daily to protect it. While mopping, ensure you use the right cleaning product for your floor type.
We also recommend having mats outside and inside the unit to limit the dirt that gets into the apartment.
Leave All the Apartment Appliances Clean
In most cases, you will find certain household supplies and appliances, such as the garbage disposal, a drip pan, dishwashers, or refrigerators in your apartment. Once the landlord hands over these appliances to you, it becomes your responsibility to take care of them. At all times, you should ensure that these appliances are clean and working effectively.
Maintaining appliances involves using them properly, cleaning them, and wiping them down regularly. This way, dirt and grime will not accumulate and reduce their durability.
If you have a washing machine and/or dishwasher, avoid overloading them. While cleaning them up, employ the right detergent or solutions at all times.
In the case of a garbage disposal, having lemon or orange peels inside it can keep it free of bad smells.
For the areas in your refrigerator or dishwasher that you can not be reached while cleaning, vacuum them thoroughly.
Take Care of the Moisture in Your Apartment
Whether it is moisture from leaks or as a result of a lack of cleaning, you need to get rid of it. Having moisture in your apartment will likely lead to mildew and potential mold growth.
We recommend installing a bathroom fan, or making sure the one in your unit is working and is used regularly. You must have the fan on before a shower, and leave it on until the steam disappears.
Dirt is reputable for attracting moisture in an apartment. You should, therefore, clean the apartment at all times. When you do so, ensure you employ non-abrasive cleaners.
Your windows can also allow moisture into the apartment, depending on how you take care of them. We highly recommend closing your windows during the rainy season. Ensure you wash window curtains regularly, too. Extend this same routine to your apartment doors as well.
Regular Apartment Cleanliness
Most landlords require that you keep your apartment clean at all times, otherwise you may expose yourself to the risk of losing your security deposit. Your intention here should be to take care of the unit as if you owned it; so, when you leave, you get your security deposit back. Learn how to get your security deposit back here.
The higher the number of people in your apartment, the messier it becomes. The mess increases even more if you have children. Therefore, we recommend employing commercial cleaning supplies while cleaning your apartment. If you can not find commercial cleaners, you can still use alternatives such as vinegar and baking soda.
Ensure you thoroughly clean critical areas, like:
As we mentioned, ensure you mop the floor at least once weekly. Your goal should always be staying in a clean environment. Learn other ways on how to make your apartment smell good here.
Additionally, you must carry out preventive maintenance by ensuring that furnace units and air conditioners experience proper airflow. This mainly entails making sure the filters are clean. Change filters at least 1-3 months to limit overworking of such units.
After dealing with the air conditioner, you can proceed to inspect the vents. The aim here is to make sure that there is no dust accumulation. Learn other ways on how to reduce dust in your apartment here.
When exiting your apartment, avoid leaving heat or the air conditioner in the off position. You can simply turn the air or heat down instead. If you maintain a steadier temperature, you are more likely to save money. Learn how to keep utility bills low in an apartment here.
Maintenance in the Apartment
Besides cleaning the apartment and upkeeping the appliances, several things need regular maintenance. Let’s focus on them below:
Clogged Pipe System
If you notice water draining slowly in the kitchen or bathroom, there is a high chance a clog exists in the piping system. To prevent pipes from clogging, avoid using commercial drain cleaners which have harsh chemicals that could damage the pipes.
Always be careful what you pour into your kitchen sink. For instance, having things such as potato peels and coffee grounds in the sink can result in clogged drains.
The easiest way to unclog your bathroom sinks and floor drains is to pour hot water to dissolve the clog. You can also pour baking soda and vinegar down the drain.
If the pipe remains clogged, you should make maintenance requests to your landlord or call a professional plumber.
There are times when you might fail to have power in your apartment. In this case, check if your neighbors are in the dark too. There is a chance that the utility company is experiencing a blackout. You can give them a call for the situation to be corrected and/or a status update. You can also check the circuit breaker. The safety switch might have been activated thanks to an overload. In this case, simply reset it.
No Hot Water
Additionally, you might find that there is no hot water in your apartment, forcing you to take a cold shower. The first thing you should do is check whether your water heater circuit breaker is set correctly. If the heater uses gas, there is a chance the pilot is off. In such situations, check the owner’s manual to troubleshoot the problems. If there is any damage to any electric component, ensure you replace it immediately. Where necessary, call a qualified electrician to help you out.
The more time you spend in an apartment, the more likely you are to have overuse. The end result would eventually be some of these fixtures breaking. When this happens, you must fix them as soon as possible.
For instance, if you have a burnt out lightbulb or the smoke alarm needs new batteries, you can make quick replacements. Any major problems, such as a non-functional garbage disposal, should be left to professionals.
The Final Verdict
If you maintain your apartment regularly, you will improve its lifespan and reduce the cost of repairs. There are certain apartment maintenance options that you can comfortably manage by yourself, including maintaining the floors, cleaning and replacing malfunctioning appliances, and taking care of moisture. Additionally, you can take preventative measures to avoid unwanted pests (learn how to get rid of tiny ants in your apartment here).
However, some apartment maintenance practices require the assistance of outside experts. This includes handling power issues and unclogging pipes.
Ensure you follow the above apartment maintenance checklist, and always seek professional help for better results.
June 13, 2022 at 1:15 pm
Justin Becker ·
Money is one of the most sensitive topics to share with your roommate(s). You can not avoid talking to them, regardless of how uncomfortable the subject makes you feel. Failure to do so could end up being terrible and may lead to the end of your relationship.
Generally, it is a good idea to share a room with someone you know, not just by name or face, but also by habits, particularly financial discipline and commitment to a cause like splitting bills. That said, if you share a room with another person or more, you may wonder whether they all need renters insurance.
Does Everyone in an Apartment Need Renters Insurance?
The simple answer is Yes. Everyone in the unit needs to own a renters insurance policy when renting an apartment. This usually covers your personal items and aids in their recovery in the event that they are damaged or stolen.
With that in mind, let’s discuss in detail renters insurance and what you need to do when sharing an apartment with a roommate.
How Renters Insurance Works
For first-time renters, do not mistake renters insurance with homeowners insurance; these are two separate insurance policies. Consider renters insurance if you do not own a home. Renters insurance is designed to protect your personal items in the event that they are stolen or destroyed by natural catastrophes, like floods or hurricanes.
Renters insurance is generally more affordable than homeowners insurance, which is a good reason why you should rent an apartment rather than own a house.
The good news is that renters insurance often covers damage to a visitor in your apartment, which is often known as liability protection.
A rule of thumb when considering whether or not you should take renters insurance is to ask yourself one question: is it possible for me to replace my household belongings if they are damaged or stolen?
If you can’t afford it, consider purchasing renters insurance to protect your valuables and protect yourself from future losses.
The average renters insurance policy costs between $120 and $190 a year. Typically, this insurance coverage covers $25,000 in personal property. Typically, the insurance cost is solely determined by the number of personal belongings you own. For example, if you rent a home, your costs may be more than if you rent an apartment with fewer belongings.
Many landlords require renters insurance. Some apartments, however, do not require renters insurance as part of the obligatory paperwork that a tenant must submit upon moving into the community.
For college students, if you live on school premises, your parents’ homeowners insurance usually covers your damages, but if you reside off-campus, you may need to purchase renters insurance.
What a Basic Renters Insurance Policy will Cover
Renters insurance is divided into three types, each of which protects you against various threats:
- Personal Property Coverage
- Loss-of-Use Coverage
- Personal Liability Coverage and Medical Expenses
Personal Property Coverage
This includes furniture, laptops, and jewelry, among other personal valuables. However, it is important to remember that the coverage will reimburse you for any damages or losses up to the policy maximum. This implies that you may have to pay the difference if the replacement exceeds your limit.
In the event your apartment becomes inhabitable because of fire or floods, your loss of use coverage policy will cover your temporary housing.
Personal Liability Coverage and Medical Expenses
The benefits of renters insurance go beyond your belongings; it protects you against liabilities. For instance, if a visitor slips and falls in your unit or your dog bites someone, your renter’s insurance will protect you from the financial burden of paying a medical bill.
What Does Renters Insurance Not Cover?
Just because it is called renters insurance does not mean it will cover everything in your apartment. There are items your renters insurance will not cover, including, but not limited to, the following:
- Property damage caused by pests
- Items of high value
- Damages from terrorism or nuclear war
Does a Renters Insurance Policy Cover Roommates?
If your roommate is not listed on the policy, they will not be covered. However, if your roommate is named on your policy and their goods are stolen or destroyed, your policy will cover the loss up to the policy limit.
Can I Add a Roommate to My Renters Insurance Policy?
Yes, you can add your roommate to your renters insurance policy. However, this is determined by your local authority and the insurer. That said, if your insurer allows it and the state agrees, you can change the beneficiary of your coverage.
Tips for Sharing Renters Insurance with a Roommate
It is critical to comprehend the big picture when sharing renters insurance with a roommate. For example, will the shared renters insurance policy be the best option for you?
With that said, here is what you need to know:
Determine How Much You Own
Before purchasing a renters insurance policy, determine how much you own and, as a result, how much coverage you may require. You can do this by creating an inventory list and having an idea of all the items you want to get covered in your policy.
Talk to an Agent
Talking to a professional insurance agent is the best thing you can do before buying an insurance policy. An agent can examine the policy and determine if it is best shared or not.
Look for Discounts
If you want to save money, comparing insurance companies will help you find a better deal. Many insurance companies offer discounts to their first-time customers and existing customers purchasing an additional policy. You can compare the terms and potentially save more money.
For example, suppose you already have a car insurance policy (auto insurance) with an insurance company. In that case, you may be able to save money through discounts by purchasing an additional policy for your apartment at the same company.
Drawbacks of Sharing Renters Insurance
If you want to share a renters insurance policy, consider the drawbacks before proceeding. Having said that, here are some drawbacks you need to be aware of when sharing renters insurance:
Issues with Multiple Claimants
There will be difficulties filing claims when roommates share renters insurance. For instance, if your item is damaged and you need to file an insurance claim, the roommates might want to discuss what happened and how much the item costs. This may make the process more difficult than it would be if you had the renters insurance coverage on your own.
Furthermore, buying the policy will also be challenging. If you have a brand new laptop and the roommate has a second-hand laptop, sharing 50/50 may sound unfair.
The benefits of insurance will be limited if roommates share renters insurance. For example, most insurance policies have a limit on electronics covering up to $2,500, which means that if two or more individuals lose a laptop worth more than that, the insurer will only pay out $2,500.
That said, if the laptop is worth $2,200, you and the roommate will split $2,500, forcing you to pay the difference.
Your Insurance History is On the Line
If you decide to share renters insurance coverage, your insurance record will be at risk. Just like credit history and credit score, it will be used against you when seeking homeowners insurance in the future.
Typically, when renting an apartment, everyone needs to own renters insurance. When you consider the possibility of losing your belongings, you would instead buy a cover to protect yourself from future loss.
June 6, 2022 at 11:44 am
Justin Becker ·
When you decide on finding the perfect apartment, expect to sign a lease. However, before committing yourself to a lease agreement, you need to understand the different apartment lease types.
Most importantly, you should know how to read an apartment lease and understand the lease your management company or landlord wants you to sign.
Although the type of lease might not strike you as being as important as, say, the number of bathrooms and bedrooms or the monthly rental amount, you might prefer one option over the other. If you fail to understand the terms of your lease from the start, you might find yourself exposed to the risk of financial loss.
Here, we take you through the different rental property lease options to help you have an enjoyable renting experience.
Apartment Lease Options
The apartment lease option you select will significantly impact your rental experience. Therefore, you should understand the lease option you are signing since you cannot change it after appending your signature.
Let’s consider the lease options below:
This is also known as a term lease and refers to a lease having a predetermined end and start date. In most cases, the lease period ranges from 6–months to at least a year. However, there are cases where the lease ranges from 2 to 3 years.
When the fixed term lease expires, the tenant could renew the lease, as long as the landlord allows for it, it could transition to a month-to-month lease, or the tenant will move out. The lease stipulates exactly what happens when the lease ends.
All property managers and landlords should follow up with their tenants just before the lease ends to remind them of what will happen when the lease expires, along with their options.
Most property managers choose to renew the lease after expiration. Remember, a lease renewal could involve a one month’s rent increase. Learn when your landlord can increase rent here.
Fixed Rental Rates
For the fixed term lease, rental rates remain constant until the lease comes to an end. The landlord cannot change the rates mid-term.
Set Lease Terms
The lease conditions and rules remain the same until the lease ends. What was initially stated in the apartment lease is what both the tenant and landlord must abide by. However, the rules and terms must comply with state laws. For the rules to change during the lease, the landlord must provide the tenant with at least a 30-day notice.
A tenant is required to submit their monthly rent throughout the lease period. The apartment lease agreement prohibits the tenant from moving out mid-term unless they agree with the landlord.
The landlord cannot force a tenant out unless they agree to it or the tenant violates something within the lease that subject them to eviction. Both parties must uphold the conditions stated in the agreement.
High Renewal Rates
Even though your rental lease rate for a fixed lease remains the same until the lease ends, landlords normally reevaluate the rates and pair a renewal with a rent increase. This is totally different from a month-to-month lease, where a tenant does not have a set lease end date. For the case of a month-to-month lease, tenants might live for long periods without a rent increase, or they could experience rent increases much more frequently.
You Cannot Relocate without Penalty if Situations Change
There are times when a tenant experiences a life change that forces them to relocate, even before the lease ends. This could be due to a family emergency, medical emergency, breakup, job loss, or a job opportunity in a different location.
For the tenant to be allowed to relocate before the lease expires, they must pay a lease-breaking fee. Learn how to break a lease without penalty here.
Forced to Live in Unfriendly Conditions
Whether you are a landlord or tenant, there are always personalities that clash. For instance, you might fail to get along with your neighbors or landlord if you rent a new apartment.
Since personality clashes are not legitimate grounds to break a lease, you will be forced to live in such an uncomfortable environment until the lease ends. The same applies to a landlord who finds themselves with a rude, overbearing, or annoying tenant. Learn how to deal with noisy apartment neighbors here.
This lease is also known as a periodic lease. The periodic lease offers both the landlord and tenant the opportunity to cancel the lease at any time with proper notice, without penalties.
The lease outlines what constitutes proper notice and how far in advance you should notify your landlord. Your landlord should also follow the outlines while increasing rent.
For your information, the amount of notice required to end the tenancy or change a lease term is decided by the local or state laws. In most cases, it is 30–60 days.
Changing Lease Terms is Easy
To either increase the rent or change lease terms, the property management should follow local and state laws for providing proper notice. Some things that might force the landlord to change leasing terms include adding maintenance requirements and updating a pet policy.
Most local and state laws require a 30–60 days notice before updates are made to the lease. Sometimes, proper notice requirements are different, especially if the lease updates include a rental increase.
Easy to Move
If the landlord wants the tenants out of what is an apartment or if the tenant wants to move out, renting with month-to-month leases offer an easy process. For instance, all the tenant needs to do is notify the property management that they seek to vacate the furnished apartment building on a certain date.
When the tenancy ends mid-month, the tenant might have to pay a prorated rent amount provided for by the lease or agreed upon by the property management. The amount of notice required should abide by state laws. Learn about what is prorated rent here.
If the landlord wants their tenant to exit the furnished apartment, they must abide by the state laws for a no-cause eviction. This is not really an eviction, but rather a notice to vacate the apartment on a specific date even when the tenant has done nothing wrong. Some local or state laws actually set limitations or prohibit no-cause evictions.
Unplanned Vacancy Risk
It gives the tenants an option of moving out any time they want. Even though this flexibility is good for the tenant, it is not ideal for the landlord.
Dealing with an abrupt vacancy can eat into the tenant’s cash flow, especially when it happens during winter. In the winter, not many people are involved in the apartment search process making it difficult to find a replacement. This is why landlords prefer having tenants on term leases, and make the rent much higher if a tenant decides to go month-to-month.
We all know that rental rates are increasing all the time. In most cases, the month-to-month renters feel the biggest impact from such increases.
While most state and local laws specify the amount of notice the property manager should give before initiating a rental increase, few state and local laws have a cap on the number of times and the amount of rent that can be increased per year. You may be surprised to find some landlords taking advantage and implementing a 25% rental increase.
This lease option only applies if you intend to sublet your unit to another person during the tenancy period. The landlord agrees that a different tenant other than the one on the lease originally will be living in their apartment. Under this arrangement, the new tenant is responsible for maintaining the unit and paying rent.
However, as a tenant, you can only sublet if your original lease allows for it. You should also clear it with your respective landlord first.
To some extent, the original tenant is responsible for ensuring that rent is paid on time. They also need to ensure that the new tenant keeps the unit in good shape.
- A sublease agreement provides for the flexibility of short lease terms. In most cases, sublease apartment agreements provide under market rent. As we said, the original tenant is still responsible for the lease even after subleasing. Since a tenant in this situation might not be in need of space, they might be willing to sublease the unit for less to offset the ongoing cost.
- You can easily qualify for a sublease since it requires less or no corporate and personal guarantee.
- You will only get what the original tenants signed for in their lease. For instance, if you want a different property-use type, a long-term lease, parking, etc, The original tenant will not be able to provide it if it’s not available in the original lease.
- It is impossible to acquire the rights to extend the current lease term from the existing term. Since the original tenant is still responsible, they will be reluctant to offer options in addition to the current terms, even when renewal options are available.
- The original tenant might fail or not be willing to provide enough tenant improvement allowance. If you require improvements, such as adjusting the wall paint, you might be forced to pay for everything.
- A sublease agreement is subject to the original tenant not defaulting on their part. You can get a notice of lease termination on grounds that the original tenant defaulted. You will then be forced to either vacate or pay off the remaining balance in such a situation.
Lease Options when Renting an Apartment with a Roommate
Are you planning to have a roommate in your apartment? If yes, there are several lease options to consider within the broader residential lease types mentioned above.
This is a co-tenancy option where you and your potential roommates have equal responsibility for abiding by the lease conditions while occupying the unit. In this case, if one roommate fails to honor their lease, the other roommate steps in to save the situation. This might include paying their rent portion.
We recommend choosing a roommate with a good credit history and rental history. This is evidence enough that they will pay rent on time and without fail.
This is sometimes referred to as by-the-bedroom leasing. Each roommate becomes responsible for their space and its associated terms in this leasing option. The advantage of this option is that you won’t be liable for your roommate’s actions.
The roommate you sign with will mainly depend on what your property manager or landlord allows. In situations where there are two or three roommates, joint leasing would be the most viable option. For the case of college rentals or larger units, individual leasing is recommended.
Nowadays, most furnished apartments or unfurnished apartments make it mandatory to sign a lease agreement before you rent a unit. This is precisely why we recommend understanding the different residential lease types and their associated terms.
Remember, the lease type you sign will depend on what the property management company or landlord allows. Depending on your needs, feel free to select a fixed-term lease, month-to-month lease, or sublease agreement.
Ensure that you abide by the lease agreement that you sign to avoid trouble with your landlord. If you decide to sign a sublease joint or individual leasing agreement, choose someone who will not default on their portion of the rent.
May 30, 2022 at 1:40 pm
Justin Becker ·
Comments Off on What Age Can You Rent an Apartment?
If you are a young adult wanting to rent an apartment, you may be wondering if you are allowed to do so under the law.
The vast majority of laws in the United States require that an individual must be 18 years old to be considered an adult. A minor is not permitted to sign contracts under the law; and a lease is considered a contract (binding rental contract).
With that being said, there is an exception to that rule – emancipation. If you are legally emancipated (meaning you can legally rent an apartment), you assume the role of an adult and, therefore, can be able to enter into a contract. Generally, emancipation equals the rights of adults, meaning you are not restricted in any manner regarding leasing an apartment.
What Age Can You Rent an Apartment?
Emancipation comes with a set of requirements that must be met. For starters, you must demonstrate that you are capable of living independently of your parents or legal guardians and making sound decisions. Second, you will need proof of income (bank account statements) to show that you will be able to pay your bills on your own.
Leasing your own apartment is normally an exciting experience, but for young individuals, especially those under the age of 18, it can be a substantial challenge. If emancipation is not an option, you can rent your own apartment with the help of an adult as a guarantor.
Let’s have a look at how old you have to be to rent an apartment.
Why is there an Age Restriction when Renting an Apartment?
Typically, the law considers individuals under the age of 18 years old as minors and, therefore, cannot make sound decisions on their own. Furthermore, landlords commonly view this age group as inexperienced and immature, implying that they are incapable of properly caring for their property.
A landlord is bound to consider the possibility that a minor will not be able to pay rent on a constant basis, especially if they are a first-time renter, as opposed to an adult with a steady salary.This why landlords often consider leasing apartments to minors too risky.
Furthermore, a property manager, like any other adult/parent, wants to make sure the minor/child is mature enough to care for oneself. Thus, finding an apartment as an emancipated minor can be difficult unless you can present proof of emancipation.
How to Rent an Apartment as an Emancipated Minor
There are a few options available to you if you are under the age of 18. One option is to seek emancipation, while another is to co–sign the lease. If a landlord is confident that an adult will be responsible for paying rent in the event that the minor/younger tenant is unable to, they may be more inclined to lease the unit.
That said, here is how to rent an apartment as a minor:
Find a Co-Signer: This Gives You Credibility
A co-signer is an individual who is willing to pay your rent in the event you are unable to do so (unpaid rent).So, if you were wondering if your parents can lease an apartment for you, the answer is yes, depending on the landlord. A co-signer could be your parent, legal guardian, or even a relative. They are usually older than you and have a steady source of income to ensure that they will be able to pay the rent on time.
As a minor, you typically would have little to no acceptable rental history, making it difficult to find your first apartment under such circumstances. This is because you lack the credibility that would help your application stand out. This is where a co-signer comes in, they boost your chances of scoring your own apartment. Learn how long it takes for an apartment to approve you here.
Meet the Minimum Apartment Requirements
Before leasing an apartment, the property management company will do a background check to ensure that all of the details are correct and that you fit the tenant profile they require. In most cases, you will be required to show proof of income as well as personal identity, such as a driver‘s license, if applicable.
So, how much money do you need to make in order to afford to live alone? Learn more about how much income is required to lease an apartment here.
In addition, most landlords demand a good credit score of at least 620 or higher to demonstrate that you are financially responsible and will pay your rent on time. Since you might not yet have sufficient credit history or have limited employment history, being a minor, proposing to pay a larger rental deposit/security deposit and a bigger sum upfront to cover many months’ rent could help persuade the property owner to approve your application.
That said, if you have a bad credit history, having a co-signer will also help persuade the landlord by putting their concerns about your ability to pay rent at ease.
Dangers of Co-Signing when Renting an Apartment
It is always important to understand the dangers of co-signing as a parent or guardian. To begin, you will be responsible for paying the rent until the conclusion of the lease term. Second, you will be responsible for any damages to the apartment until the end of the lease. Learn everything there is to know about an apartment lease agreement here.
Which Apartments Can I Afford?
As a first–time renter, you should be aware of the types of units you can afford when looking for an apartment. That said, what criteria do you use to determine which apartments you can afford?
Here are some apartment hunting strategies/tips for finding an apartment to help you save time and money:
- Apartments that offer convenience are considerably expensive. What do we mean by this? If the apartment is located near grocery stores, shopping malls, and other amenities, the rental prices are often higher than those located a little further away.
- Another indicator of a higher rental fee is whether or not the property is pet-friendly. This is because there will be so much more cleaning to perform, on average, that landlords sometimes charge a higher rent for tenants with pets. So, always review the apartment pet policy.
- If the apartment does not have an elevator, the upper units will be more affordable because no one wants to carry things, like groceries, all the way up. So, consider leasing the top floor units to save more money.
- Keep in mind that safety comes at a price. We understand that as a young adult you want to save as much money as possible, but the unfortunate reality is that renting an apartment where you lose valuables may be extremely costly.
How to Budget for Rent as a First-Time Tenant
As a young adult, it is clear that your monthly paycheck is not sufficient to cover many of your requirements and desires. So, discovering ways to save money is a great way to stockpile a large savings account after paying all necessary payments.
That said, here are strategies you can use to save more money as a first-time apartment renter:
Use 50-30-20 Rule
This rule states that you should set aside 50% of your income for necessities, such as rent, food, and clothing, among others. The 30% should be set aside for desires, such as vacations, and the remaining 20% should be set up for savings.
This rule can assist you in avoiding living over your means, which can lead to financial difficulties. That said, use a rent calculator online to search for apartments that fall within your budget range. All you need to do is key in your monthly income, and the tool will give you a range of apartments that you can afford.
Look for a Roommate
Renting your own apartment with a roommate can help you save money. Splitting your monthly rent will save you half of what you could have spent if you had paid them on your own. A security deposit, plus one month’s rent and a pet fee, if applicable, is a huge expenditure; renting with a roommate can ease the burden of dealing with all these expenses.
Consider your utility expenditures as well, which can easily double or triple during the winter or summer months due to the need to heat and cool the apartment, respectively. Learn how to keep utility bills low in an apartment here.
Although renting with a roommate can be a wise move, you need to do your research to pick the ideal roommate. Some people are difficult and stubborn in many ways, regardless of how much you attempt to reason with them; this is not the type of person you want as a roommate.
Before signing the rental agreement/lease agreement, make a list of non-negotiables that you and your potential roommate agree to, and talk about how you will live together beforehand.
Search for Apartments During Winter
Apartments are less expensive during the winter since fewer individuals are looking to rent. The winter months are known for being a festive season, and no one wants to replace that with the stress and worry of moving out. Learn what is the best month to look for an apartment here.
Besides, landlords are far more inclined to negotiate a lower rental price during this time because they would rather have an occupied unit rather than an empty one. So, always push for a lower rent to save money since you may have leverage over the landlord.
Note: Never take someone’s word for it; always double-check that what you agree on with the landlord is reflected in the rental agreement. You lose your leverage after you sign on the dotted line, and it will not matter if what is on paper differs from your verbal agreement at that point. Your statements will be pitted against the hard evidence of what you signed on paper in a court of law.
Look for Rent Specials
To attract new tenants, most new apartment complexes offer rent incentives. To save money, look for such apartments near your desired area.
Asking for a Trial Period
Most landlords are reluctant to lease their apartments to underage tenants. So, if you score a garage apartment in a home of a private person, you may be better off. That said, be prepared to ask for a trial arrangement of one to three months, if possible. During this time, make sure to pay your rent dues on time.
This is not your parents house, so be sure to show respect to someone’s property and them personally in order to earn their trust and respect as well. Such small attributes can go a long way to scoring you the apartment long term.
Exceptions to renting an apartment under the age of 18 include military service, marriage, and emancipation by a court of law (court approval). That said, renting your first apartment will be a huge challenge if you don’t fit into that category.
If you do not have a good credit report, it is always a wise decision to offer the landlord a lump sum upfront to cover many months of rent (this is aside from paying a security deposit and one’s monthly rent).
Lastly, although property managers are prohibited under the law from discriminating against race or national origin, the law does not address age discrimination implicitly. That said, a landlord can decide to rent to a young adult without a credible source of income or employment history.
May 23, 2022 at 11:30 am
Justin Becker ·
Comments Off on The Top Hair Salons in Keego Harbor, MI
The hair is one of the defining points of a person’s appearance and, for some, their identity. Whenever you settle down in a new place, looking for nearby hair salons should be a top priority. Fortunately, finding a great hair salon that is both convenient and reasonable should not be an issue in Keego Harbor.
Why is a Quality Hair Salon so Important?
Having an accessible hair salon is not just about keeping your own hair in order. For parents, it is also about keeping their kids’ hair neat and maintained. For professional folks, it is about keeping up appearances in the office.
Some people may want to experiment with their hair, perhaps try out new colors to mark a new phase in their lives. Others may need urgent professional attention for hair issues, such as dryness, dandruff, and more. A proper hair salon can provide all these services and more!
Hair Salons in Keego Harbor
Going to a hair salon and getting that maintained look could be one of the top things to do in Keego Harbor, MI during the fall season. No matter what time of the year it is, though, it is good to plan a visit to a quality hair salon. When in Keego Harbor, here are the top choices to consider:
1. The Door Salon
Located at 2782 Orchard Lake Rd, Keego Harbor, MI, 48320, this place has consistent reviews of great service and amazing results. The staff here is quite talented, so you can feel confident going to them with any hair problems.
Services at the Door Salon include the following:
● Haircuts for women, men, and kids
● Hairstyles for special occasions
● Makeup lessons
Each of the services here involves the use of only top-quality products. These usually have only vegan ingredients while there are also sulfate-free shampoos on offer.
Overall, the Door Salon has been able to provide services and results to their clients that they simply couldn’t find elsewhere. The staff is courteous, going the extra mile to accommodate children as well as the elderly. It is no surprise that their clientele is a loyal one, with some even driving over an hour just to get there.
2. Love Your Hair Salon
Located at 2900 Orchard Lake Rd, Keego Harbor, MI 48320, this hair salon is a clean and organized place. Their motto is complete customer satisfaction every single time. So, it might be worth checking out this salon.
According to the feedback for this place, the owner has managed to refurbish and renovate a long standing property beautifully. When you are in Keego Harbor, MI, it might be fun to drop by and see how the efforts have panned out.
Services at the Love Your Hair Salon include:
● Hair tinting
● Waxing services
● Hair color
The staff might be small in number, but their abilities are second to none. They take their work seriously and make sure to stay updated about all the trending hairstyles while staying on top of the classic, everlasting options.
3. Harbor Salon
Located at 2985 Orchard Lake Rd, Keego Harbor, MI, 48320, this place has an extremely loyal client base. Some may even drive several hours just to get their hair done here! The best of the staff has been in the same place for over 20 years, which says volumes about their commitment to hair health.
Services at the Harbor Salon include:
● Haircuts for kids
When you go to get your hair done or for any other services, you want to sit back and relax. Fortunately, the atmosphere at the Harbor Salon in Keego Harbor is a positive and kind one, with no intimidation. The cuts also get a lot of praise, so try one out when you can. The rates are quite cheap too, but keep in mind that they may change according to season. If you are new to the area, here’s everything you need to know about the city of Keego Harbor other than its hair salons.
4. The Color Room Salon
Located at 2038 Cass Lake Rd, Keego Harbor, MI 48320, this hair salon is usually open from 10:00 am to 7:00 pm. It has an accepting environment for kids and is usually by appointment only.
Services at the Color Room Salon include:
● Hair color
● Facial waxing
The staff members here are a hardworking bunch and are not afraid to take on challenges. If you are in search of an accommodating hair stylist in Keego Harbor, MI, this could be the perfect choice.
5. The Studio Salon
Located at 2141 Cass Lake Rd, Keego Harbor, MI 48320, The Studio Salon ensures a warm and friendly environment for its clients. Once you get your hair done here, you also have the option to swing by one of the top Keego Harbor parks and rec areas!
Services at the Color Room Salon include:
● Haircuts for both adults and kids
● Hair color
The staff here will take extra steps to ensure that everything is to your liking. They are also very friendly, so you are not likely to have a negative experience here. The appointments and services will always be on time. Book a slot here and get ready for a barrage of compliments from your peers very soon!
There are some things that everyone in Keego Harbor, MI knows to be true. One of them is that there is no lack of excellent hair salons in the area. Most of the best hair salons might be within or near the Keego Harbor, MI 48320 vicinity.
Even if you don’t live in the Keego Harbor, MI 48320 area, it is definitely worth the drive for a beautiful head of hair!
If you have got your hair done, why not walk around and enjoy more of Keego Harbor, MI? This area also has some of the top places to shop in Keego Harbor. Check out some of our top selections and have a fun day out!