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Most Common Renter Mistakes

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Add Up the Expenses

Sure, the monthly rent price fits in your budget (barely). Did you think about utilities? These aren’t the good old college days of having water, electricity, cable, and internet included in the rent price. Ask your leasing consultant or community manager what average pricing looks like for each of those bills.

Don’t Forget About Insurance

Most apartments will require you to have some kind of renter’s insurance. Compare the cost of a third-party company to the default company suggested by the community. You can usually bundle your car insurance with your renter’s insurance to save a few bucks.

Think Before You Move

Who’s gonna move that 300 pound antique chest that your mom gave you last Christmas? Will your California King bed fit up that tight stairwell? Think of these things when you tour your apartment options. Would you rather have a sweet apartment and sacrifice some furniture, or does the furniture mean something to you?

Know Your Neighborhood

Just because the community is quiet at 3pm on the Wednesday that you toured, doesn’t mean it is the same on a Saturday night. Visit the property at different times throughout the day/week to get a sense of the community activity. Don’t just take the leasing consultant’s word for it, learn what your new home is like firsthand.

 

Stay tuned for part 2 of the most common renter mistakes.