You’ve been touring various apartments, and you find the perfect one. It fits your budget, the natural light is beautiful and it comes with great amenities. And then a curveball â your rental application gets denied. You’re not alone. Nine out of 10 people have their rental applications rejected. What now? You write an appeal letter. Here’s how to write an appeal letter to your potential landlord:
Well, thanks to the Fair Housing Act, landlords cannot reject applications based on an applicant’s race, sex, gender, national origin, color, disability or familial status.
Beyond that, there are many possible valid reasons for a rental application denial â including income, credit score, bad references, rental history and background check. This is why it’s essential to look at the property’s requirements closely.
If you feel like the landlord made a mistake with your rental application, here’s how to write an appeal letter to ask them to reconsider.
The appeal letter expands on an issue found by the landlord that led to the denial. For example, no previous formal rental history or maybe you have more income than you showed. If you feel like you have additional information or clarification that may change their mind and approve your application, you might want to try writing an appeal letter.
The most optimal time to send an appeal letter is within a week from receiving the denial letter from the landlord.
First, make sure the unit is still available before sending it, if possible. Then put together all evidence as soon as possible and send it certified via mail to confirm receipt. Emails can get lost in inboxes or ignores. Check-in 48 hours after receipt via email if you haven’t received a response.
Now that you’ve decided to appeal the landlord’s decision, it’s time to build your case.
Every denial letter must tell you the specific reasons why your application was denied. After reading it carefully, identify the details that you’d like to provide more clarification on for the appeal letter. If the letter is vague, ask for a new letter with more specific information about your denial. It will help you provide a better appeal letter.
If you had an incomplete application with not enough references, provide those in the appeal letter. Or if you didn’t have a formal rental history, explain that it’s your first apartment or provide references from old informal landlords.
If your income doesn’t meet the requirement in the background check provided, share that you have more than one job and bank statements to corroborate your actual income. Or maybe the credit check showed the wrong score.
Add your name, current return address at the top with your rental application date. Follow below with today’s date and the landlord’s name with property address below that.
This paragraph should focus on quickly explaining the reason for this appeal letter. Start by thanking the property manager for their time and share that you’d like for them to reconsider your application for this specific property.
This is where you make your case. First, clearly state the reason for the appeal of the property’s decision and restate their reason for denying your rental application. Then add additional evidence or clarify why the property manager should reconsider. If your credit score was wrong, attach a new credit report from a bureau and explain why the error happened, for example.
Take your time to flesh out your reasoning before putting it on paper. Stay concise in this section but effective at making your case.
Here’s where you will quickly summarize your letter by restating your reason for the appeal and offer any additional concessions, like a larger security deposit or a shorter lease, for example. Mention the other documentation you’re attaching, if any.
Write ‘Sincerely’ and sign your name. Below that, print your name with your contact information for easy access.
Keep the letter concise and explain just the facts. Avoid any negative language or complaining throughout the letter. The letter must remain clear and impartial to highlight your points more effectively. You’re negotiating with the landlord via the letter so think about what you can offer to make you trust you over someone else.
Avoid being overly emotional or desperate. Just make sure you don’t concede too much that you put yourself at risk as a tenant.
Use this template below to write your appeal letter. You can also download a word document of this sample letter and make changes where necessary.
(Name of landlord)
(Address of property)
(Landlord’s last name),
Thank you for taking the time to review my rental application at (property address with unit number) and now, my appeal letter. I understand that my application was not approved due to (reason for denial), but I wanted to share additional information for your consideration.
(Paragraph explaining your denial and what you’ve done to fix the problem.)
(Paragraph explaining what concessions you might be able to offer. Reference any attached documents here.)
Please feel free to contact me to discuss my rental application further. Thank you again for taking the time to review my rental application again for (property address with unit number).
Getting your hopes up about an apartment and then getting your rental application denied can truly crush you.
Most of the time, a rental application doesn’t have room for nuance, and that’s where the appeal letter can help with more details. Make sure to double-check your application before submitting it, too. If the apartment complex has other units available, it’s worth appealing their decision with more facts and seeing if you can nab an approval.
The post How To Write an Appeal Letter If You’ve Been Denied an Apartment appeared first on Apartment Living Tips – Apartment Tips from ApartmentGuide.com.
Hopefully, you’ll never be put in this situation, but it’s important to have domestic violence awareness as a renter.
According to the National Domestic Violence Hotline, âon average, more than 1 in 3 women and 1 in 4 men in the United States will experience rape, physical violence and/or stalking by an intimate partner.” The coronavirus pandemic only worsened those statistics: CNN reported that incidents of domestic violence in the U.S. increased by 8.1 percent after lockdown orders were in place.
Such high numbers mean that there is a likelihood that someone you know directly or someone you live near might be a victim of domestic violence. How do you deal with this type of situation, if it’s a neighbor in your apartment building?
Here are some ways to educate yourself about the signs of domestic violence and improve your domestic violence awareness.
The signs of domestic violence may come in the form of mental or physical abuse. You might hear one person threaten another with injury or you might hear someone humiliating their partner. But the cycle of abuse sometimes is quieter, more subtle. Domestic violence often is a private form of control by one person over another.
Here are some of the warning signs of an abuser as determined by the National Coalition Against Domestic Violence:
Of course, not everyone with a bad temper is an abuser. Depending on how friendly you are with your neighbors, you will likely not see many of the more intimate forms of partner abuse. These include sabotaging someone’s birth control method or forcing sex on an unwilling partner.
If you hear verbal abuse and other aggressive sounds (yelling and screaming, plates breaking, doors slamming) through the walls or you see controlling or stressful interactions on the patio â take note.
According to the NDV Hotline, if you hear suspicious noises that you believe might be an abusive situation, speak with the survivor as soon as possible.
âMake sure to approach them in a safe, private space, listen to them carefully and believe what they have to say,” reads the NDVH website. If you were to call the police, the victim might experience blame and face terrible consequences.
Say something like this: âPlease forgive me for intruding into your life, but I’m hearing it through the walls. I’m worried for your safety. Here’s a number you can call.”
Do call the police if you believe your neighbor’s life or your own is in danger.
NDV suggests doing the following:
First, if you believe that someone is being harmed, you should absolutely call the police. That said, you can tell the police that you are requesting a âwellness check.”
In many municipalities, there are separate domestic violence units â you can request a transfer to speak to someone in that unit. You can also make an anonymous call to 911.
If the police arrive on the scene, they will not tell the abuser who called them.
You can make your landlord aware of what you’re hearing or seeing, but it’s a secondhand account. Unless the landlord or property manager witnesses something firsthand it is difficult for them to get involved.
However, if you make your landlord aware of possible domestic violence, at least they can monitor the situation. Keep in mind that many property managers do not live on the premises â so it is tricky for them sometimes to know what is going on at all times.
As much as you’d like this to happen, it’s not your place to initiate an eviction. It’s up to the victim to contact the landlord or property manager. The victim must then provide proof of domestic violence. This often comes in the form of a restraining order, evidence of criminal charges or a letter from a âqualified third party” like a law enforcement officer.
Every state has its own rules regarding how a landlord must respond to instances of domestic abuse. The landlord can let a tenant who is in an abusive situation break their lease without penalty, for example.
As a concerned neighbor, if the noise from next door encroaches on your âright to quiet enjoyment,” you might be able to push for eviction.
Keep in mind that it can take anywhere from two weeks to three or more months for an eviction.
Living close to a domestic violence situation is extremely stressful. Verbal and physical disputes can happen at any hour of the day and many tend to occur during evenings, often into early morning hours.
You may find yourself on a work call hoping your colleagues don’t hear the neighbors screaming at each other on your end of the line or you may find yourself awake at 3 a.m. by a fight that eventually ends in a 911 call.
Getting rest could start becoming difficult, and you can also begin to feel like you’re walking on eggshells â basically, you’re living with the ups and downs and unpredictability of abuse by living too close to it.
It’s important to maintain your own self-care.
It’s difficult to end the cycle of domestic violence, but one step on the way to healing is to ask for help. Victims need to reach out to people that they trust, friends, neighbors, clergy or therapists.
If you suspect that a nearby tenant is having trouble, do what you can to make yourself available and supportive. Keep in mind how important it is for you to remain healthy and strong so that you can stay helpful.
The post Domestic Violence Awareness for Renters: What to Do About an Abusive Neighbor appeared first on Apartment Living Tips – Apartment Tips from ApartmentGuide.com.
Plugging a car into a socket to charge it instead of filling it up with gas once was something of a sci-fi fantasy. Now, electric vehicles â or EVs â are becoming more and more popular. From Nissan to BMW to Tesla, you’ll see all major car manufacturers are creating fully electric vehicles.
If you’re jumping on the trend and are considering purchasing or already own an EV, that’s great. However, you’ll want to consider how and where to charge it if you’re an apartment dweller.
Whether your apartment has electric car charging don’t worry! Here are some ways to fully charge your car at your apartment with â or without â EV charging on site.
It is slightly more difficult to own an electric car if your apartment doesn’t offer EV charging, but it’s not impossible. With a bit of creative thinking, you can give your car a jolt of energy and be off cruising in no time.
When your apartment doesn’t have an option for electric car charging, you’ll need to find car charging stations in your area. To do this, download apps like PlugShare or OpenChargeMap where you can type in your location and find supercharging stations near you. This is a great option because you’re likely to find several EV charging stations near your apartment. You can plug in your car to charge while you’re grocery shopping, running errands or at the gym.
If you still commute to an office and aren’t solely work-from-home, you can charge your car at your office building. A lot of companies are installing EV charging stations for their employees, so you can drive to work, charge during the 9-to-5 and leave work with a fully charged car.
If you’re lacking apartment electric car charging options, you can create a makeshift charging station by purchasing a heavy-duty extension cord and snaking it from your apartment to the car itself. This isn’t an ideal option because you may not have enough voltage for a full charge. However, if you’re in a pinch this can work.
If you currently lease or own an electric vehicle and you’re looking for a new place to rent, it’s smart to search for an apartment with EV charging stations already included. This will save you time and energy as you can simply plug your car in to charge at your dedicated parking spot.
When searching for apartments with specific amenities, you can use a search finder tool to narrow your search and find the perfect place for you. Put in the features you’re looking for â like two bedrooms, on-site gym, swimming pool and apartment electric car charging â and you’ll get a list of available rentals tailored to your needs.
Why not include the exact features you’re looking for so you can charge your car while at home?
The green movement and electric vehicle trend are here to stay.
Over time, landlords will start installing apartment EV charging stations on their properties. While some have already started doing this, as the tenant, you can also push for this and ask your landlord to consider installing an apartment electric car charging station. There are companies like ChargePoint that will work with property owners to install EV charging stations on site.
It may seem like a big ask to get your landlord to install an EV charging station, but it benefits both the tenant and the landlord in the long run. First, you’ll be a satisfied tenant. And second, it’ll make the property more appealing to future renters.
Just like there are different types of gas to purchase (regular, premium, diesel), there are different types of charges for EVs.
Understanding the different types of charging options can help you decide how and when to charge your electric car at your apartment.
As electric vehicles increase in popularity, you’ll start to see more and more rental complexes offer apartment electric car charging stations as an amenity. Until it becomes common practice though, you can still go green, drive an EV and rent an apartment with EV charging options.
The post How to Charge an Electric Car at Your Apartment appeared first on Apartment Living Tips – Apartment Tips from ApartmentGuide.com.
Living styles can vary greatly from one person to the next, especially when it comes to cleaning and tidiness. Many times it is beneficial to discuss these traits before moving in with a roommate â if you’re a self-described âneat freak,” you might find it easier if your cohabitant is on the more organized side of things as well. That’s not to say that clean and messy roommates can’t successfully live together.
Maybe your roommate is just messy, a sentimental collector or a little bit of a packrat. If this is the case, there are plenty of ways to work through your differences and find a way to live peacefully together. But when is your roommate’s mess potentially the sign of hoarding?
If you’re noticing more mess than usual or if it seems like your roommate is struggling to keep up with normal housework, it might be a sign that something else is going on in their life that is causing stress or taking all of their attention.
Stress and other bigger issues going on outside your home can often disrupt normal patterns, with cleaning and organization falling to the bottom of the priority list.
If personal items are stacking up on tables and counters, more than a day of dirty dishes are piling up in the sink or you notice some extra loads of unwashed laundry from your roommate, you probably don’t have anything to worry about.
The mess (and maybe a slight smell) might be a nuisance, but try to check in with your roommate to see if anything has changed recently that might be causing them to neglect their housework.
If they are apologetic or willing to cooperate with your requests, you’re good to go.
There are a few red flags that are cause for concern â especially if you notice multiple signs or extreme conditions.
Noticing any one of these signs doesn’t necessarily mean your roommate is struggling with hoarding, but they are usually good indications that the problem is heading in that direction.
Knowing some of the warning signs can help you come up with an action plan before the situation gets out of control.
If you do suspect your roommate is struggling with hoarding tendencies, it’s important not to make quick judgments.
Someone unorganized, messy or has trouble letting go of extra personal belongings may get overwhelmed or stressed about something going on in their lives, but individuals struggling with hoarding might be dealing with a bigger mental health issue, finding it difficult to make changes or set limits without help.
A little empathy and patience can go a long way in getting cooperation from a messy roommate.
Try to find out the root cause of the problem and see if you can offer your roommate any support. Let them know that the clutter is beginning to affect you. See if you can agree on a cleaning schedule and set other expectations that you can both agree to.
Find a starting point that focuses on immediate items related to your health and safety including issues like addressing any mold or mildew. Focus on common areas since that is a shared space between the two of you. Suggest beginning with less daunting tasks like removing and emptying all garbage or organizing entryways and walkways.
If your roommate is seriously struggling with hoarding, don’t be afraid to ask for outside help. Your landlord is a good place to start. They may have suggestions or even be able to point out cleanliness clauses written into your lease agreement.
The post Clutter vs. Hoarding: When to Worry About Your Roommate appeared first on Apartment Living Tips – Apartment Tips from ApartmentGuide.com.
A car lease gives you an opportunity to rent a car of your choice for an agreed period. Just like loan repayment, leasing a car requires you to pay monthly installments and is, therefore, a major contributor to your credit history. So, does leasing a car help build your credit score? The short answer is […]
The post Does Leasing a Car help Build your Credit Score? appeared first on Credit Absolute.
Article originally published July 13th, 2016. Updated October 30th, 2018.
More people are opting to lease their new set of wheels instead of purchasing them, according toÂ Q2 2018 data from Experian.
The number of auto loans grewÂ to an all-time high, with leasing surpassed 30% of all new consumer vehicle sales. But the interest ratesÂ consumers are gettingÂ on these loans has stayedÂ low, especially for used cars.Â In fact, Experian reported that average loan rates saw some increases, but still remain historically low.
Loan rates for a new car in Q2 of 2018 were 5.76%, up from 5.20% a year prior. Franchise used rates are 8.28% (down from 7.88% in Q2 2017), whileÂ independently used rates are 11.87% (down only 0.17% from Q2 2018).
The Experian Automotive scoring deems prime consumers as those with scores of 661 to 850, nonprime users with scores of 601 to 660, andÂ subprime usersÂ as those with scores of 300 to 600. Consumers on all risk tiers are increasingly choosing to lease over purchasing cars, according to the report.
The number of prime consumers choosing used vehicles increased from 55.61% in Q2 2016 to 55.79% in Q2 2018. The number ofÂ nonprime and subprime consumers also saw increases, from 21.75% to 22.05% and decreases of 25.71% to 25.05%, respectively.
Experian reported that the increased number of prime consumers choosing used vehicles resulted in âscore increases, greater percentages of used financing in the prime risk tier and lower average used rates.â
If youâre thinking about buying a used car and taking out an auto loan to do it,Â itâs a good idea to review your credit first. Having aÂ good credit scoreÂ can help you qualify for better terms and conditions on your financing. (To find out where your credit stands, you canÂ see two of your credit scores for free, updated every 14 days, on Credit.com.)
And when youâre figuring out how much you can afford, remember to consider not only how much your monthlyÂ car paymentÂ will be but also how much the loan will cost you in the end, by considering the interest rate and length of the loan term. (The longer the loan term, the more interest you will pay.)
If you arenât happy with what you see, donât worry â you may be able toÂ improve your credit scoresÂ by paying down any big credit card balances,Â disputing errorsÂ and limiting credit inquiries until your score has had time to rebound.
When attempting to get a used car loan, you will want to gather all the necessary documentation including the following:
These days, you can often apply for the used car loan right online or even by phone which makes it the process that much easier and accessible.
It is always a good idea to start with your own bank or credit union for financing because you have already established history and relationship with them. Typically, you will be able to find the absolute best rates and more favorable terms if you go through your own bank.
They will also be able to advise you on all the options that are available to you as you begin the journey toward car ownership.
You never want to settle on the first rate you are given; donât be afraid to shop around to see if you can find something better than the typical auto loan rates. You will find the best auto loan rates if you have good credit. Additionally, if you apply for multiple loans within a 14 day period, it will only count as one hard inquiry so that you can find the best rate possible.
Typically, you will find that the car loan rate on a used car is going to be a bit higher than the rates you would find with a newer car. For example, good credit car loans can see an interest rate as low as 3.9% for a newer model and a little more than 5% for its older version.
The following are the average rates you may find for a used car loan that carries a 60-month repayment term based on a range of different FICO Scores.
With a credit score between 500 and 589, you may be looking at interest rates on the loan as high as 16%. A bad credit score also makes it a lot harder to get approved for the car loan initially as well.
A credit score in between 590 and 619 will typically see the 15% mark, and the percentages get lower from here with the lowest coming in at 4.39% with a credit score between a 720 and 850.
A longer loan term will usually mean you will have a lower monthly payment, but you will also accrue more in interest with a longer loan term.
When determining the average used car loan rate and the amount of interest you may have to pay on a loan, you will want to check all three of your credit reports, examine your credit score and credit history and determine what steps you can take to improve your credit, so you can qualify for a lower interest rate.
Again, if you bank with a credit union, always start there first because the lender will already be able to see if you are high risk or not. Car buyers should always take their time, do their research, and tackle the work of fixing their credit prior to obtaining a loan for a car. It is always best to shop smarter and save money in the long run.
Parking is an amenity that some people don’t even think about when looking to rent an apartment. But if you want the convenience of a covered garage or a guaranteed spot for your vehicle, it has to be part of your must-haves.
When a space is not included, then it becomes a much bigger deal. Do you live in an apartment complex that doesn’t have a parking lot? No worries, we’ve got a few options for you to consider.
Depending on where you live, street parking may be an available option at no cost to you. While it may be free, it’s often on a first-come, first-serve basis. This means you’ll have to try your luck and find an open parking spot.
Know ahead of time that some street parking will cost you. Think metered spaces or a permit for a block or specific neighborhood. More often than not, time restrictions on parking will be part of the deal.
Keep an eye out for signs posted with instructions. Pay attention to avoid getting a ticket, having your car booted or towed.
If your complex or apartment building doesn’t have its own garage, then paid parking in a nearby garage is an option. Or, a parking lot within walking distance of your home. Parking lots are most common near shops, bars and restaurants, according to the Parking Network.
There are parking lots that are open throughout the year, but some are also improvised. Think of when you’ve gone to an event. Where do people park for a music festival that only happens once a year? There might be an open nearby meadow for parking, for example.
Paid parking lots and garages sometimes include a parking attendant. Gated entries require a ticket to enter and leave, or a machine to pay the parking fee. For this type of parking, you’re usually charged for the amount of time that you park. If your car is there for more than a few hours, you may incur a flat fee for daily parking.
When parking in an area that requires you to take a ticket, be sure to hold onto the ticket to leave. If you lose the ticket, you may pay a flat fee, which could be more than the cost of the time you actually parked in the space.
It’s a good idea to shop around for the best rate since costs vary from garage to lot. While comparing rates, look at whether it is cheaper to pay for daily vs. hourly parking.
Parking apps are one answer, especially in a lot of urban locales. Searching for and paying for parking has become easier because of parking apps. Some apps even let you make a reservation and will provide instructions on how to redeem parking at the garage.
Parknav is an app that offers real-time predictive street parking in more than 200 cities. Search the app for an address. Parknav displays a map with nearby streets. These streets are color-coded according to the likelihood of finding parking there.
That’s only one app out of many that help you find parking. Some apps are city-specific and there are even a few that help you save money. A quick search on your phone’s app store will give you a list of useful parking apps.
Although it may not be ideal for everyone, public transportation is an option. Do you live in a transit-rich city? If you live in an area that’s easily accessible by mass transit or has everything you need within a short distance, you can always sell your car and use the bus, subway, train, bike or walk.
This option may save you money and will remove the stress of having to find parking. There’s a huge variation among different cities in the price of parking.
Parking is a problem when you live in an apartment without dedicated spaces. It’s also an issue when you’re a two-car family and you’ve only got one reserved space. Street parking could be lacking where you live. Especially in urban areas.
Some cities want to require the unbundling of parking space rentals from housing lease agreements, reports the Seattle Transit blog, which could lead to lower rents! Whatever the case, try to avoid parking in areas that are not well lit at night, block driveways or are in prohibited areas.
If you find that parking is important to you, keep this in mind for future apartment searches. But even if your apartment complex doesn’t have a parking lot, don’t stress. Just look around and know that you have options.
The post Parking Options When Your Community Doesn’t Have a Parking Lot appeared first on Apartment Living Tips – Apartment Tips from ApartmentGuide.com.
Right now is a fantastic time to be looking for a new apartment home in Washington, DC. The past few years’ construction boom has added a surplus of apartment inventory to the market. The result of extra apartment inventory = move-in specials!
If you are willing to commit to a longer lease term you can score anywhere between one to three months free! Plus if you can make a quick decision, apartments are offering additional incentives like $250 gift cards, free parking, free meal delivery services, and more.
Move-in specials used to only be found at new construction buildings that were just opening up. With all the extra apartment inventory in DC now, the interesting thing we are seeing is that older buildings are getting in on the concession game, too! So it’s possible to get one or two months free at the more budget-friendly buildings.
We’re starting a list of apartment specials here and will add to it as we find more. Hear of an awesome special? Drop us a line at email@example.com and we’ll be sure to add it to the list!
901 H Street NE, Washington, DC Text with an agent: 855-283-1852 Speak with an agent 833-758-5743
Avec on H is a new apartment building on H Street NE. The building has a huge rooftop with a pool, outdoor living rooms with heaters, conversation areas with firepits, and grilling areas. The building has studios, one, two, and three-bedroom apartments starting at $1564. You can get the two-months free movein special by choosing a longer lease term and if you apply within 48 hours of your apartment tour, you get the additional $250 gift card. They are offering self-guided tours and virtual tours. Check out Avec floorplans here.
1717 20th Street NW, Washington, DC
Speak with an agent 833-300-3125
Dupont Apartments is located just two blocks from the Dupont Circle metro stop. The smaller apartment building doesn’t have all the bells and whistles of a new luxury building, but the prices are great and the location can’t be beaten! The building has studios and one-bedroom apartments starting at $1490. You can get the two-months free move-in special on any available apartment right now. They are offering self-guided tours and virtual tours. Check out Dupont Apartments floorplans here.
1221 South Eads Street, Arlington, VA Speak with an agent 877-472-3092
Aura Pentagon City is located in the heart of Pentagon City. Living here means an easy commute to the Pentagon, Boeing, and the new Amazon HQ2! The building has two rooftop pools, 24-hour concierge, fitness center, and complimentary coffee service! Apartment sizes range from studios up to two-bedrooms and come equipped with large closets, full-size washers and dryers, and gas ranges. You can get the two-months free move-in special on specific apartments right now. Check out Aura floorplans here.
2800 Woodley Road, NW Washington, DC Speak with an agent 833-226-4798
2800 Woodley is on a residential street in the Woodley Park neighborhood. Just four blocks from the Woodley Park/Adams Morgan metro station, this is a great apartment for car-free living lifestyle. However, the residential street does allow for street parking. This rent-control building has a stunning lobby and some of the friendliest front desk employees you will ever meet. The rent is inclusive of all utilities with the exception of cable/internet. Apartment sizes range from studios up to two-bedrooms and come equipped with large closets, wood parquet floors, and gas ranges. You can get the six weeks free move-in special on any available apartment right now. Check out their floorplans here.
1701 Massachusetts NW Washington, DC Speak with an agent 833-716-9395
Located on Massachusetts Avenue, NW The Baystate is made up of 111 studio apartments. The building offers package receiving and pick-up/delivery dry cleaning service. There is on-site management and for your convenience a mobile app to submit work orders or pay your rent. There are an on-site laundry room and fitness center. In the warmer months, you can enjoy the rooftop deck. Studio apartments at this property start at only $1395! You can get the two-months free move-in special on any available apartment right now. Check out their floorplans here.
Read Apartments With Move-in Specials on Apartminty.
Home is where the heart and all your stuff is, so you probably want it to be pretty nice. Just not break-the-bank nice. There are a few easy ways to save before signing on the dotted lease line, fortunately. Do your wallet a big favor and check out these tips for finding the biggest and baddest apartments with move-in specials.
Apartment Guide is making it easier than ever to know which properties offer the biggest bang for your buck by tagging them with a hard to miss, but easy to use hot deals badge.
Follow these easy steps and you’ll be on your way to saving money on your next apartment lease.
Visit Apartment Guide and search as you normally would using filters to narrow in on your desired city, neighborhood, price and features. You can easily select a Hot Deals filter option, which will only show apartments in your search that have an active deal for you.
In addition, as you’re scrolling through your full list of properties, you’ll notice a friendly red badge that says âHot Deals” or âDeals” with your special offer.
When you click on a property, you’ll know if it has an active deal when you see the red word “Deals” in an icon under the photos. Click on that badge or scroll down the page to see what special is currently being offered. It could be anything from a months’ free rent to a gift card when you sign a lease.
Then click on “Check Availability” to fill out your name and contact information and it will be sent to the property along with your move-in special. Someone from the community will contact you shortly.
While you’re on the page, you can also sign up for virtual tours, if they are available.
There’s no reason to stop there. Double (or triple) up on the savings by heeding a few of these tried-and-true tips for scoring the best apartment deals.
No one wants to move during the busy holiday season, much less when it’s oh-so-chilly outside. So take advantage of everyone else’s hesitation and cash in on apartment community promotions that run rampant from October to December. Happy New Year, indeed.
If a deal seems too good to be true it probably isn’t going to be there long. Starting a few months before the big move, monitor rental prices in your desired area. This will give you a better idea of what’s fair to pay and what a true apartment deal looks like. That way, when a truly great promotion or rent reduction pops up you’ll be able to swoop in and grab it right away.
Although it seems pretty backward, it can sometimes be cheaper to score a brand-new unit. This is because newbie communities have a lot of space to fill, so they run excellent specials to get people in the door. Just make sure your rent and amenity fees won’t get jacked up without your consent in a year or two.
Many people don’t realize that rental rates aren’t set in stone. If a community is struggling to fill units they’ll be more likely to throw you a bone or two, in the form of reduced rent or waived fees. Don’t be afraid to check out these potential caveats. The worst thing they can say is no, right?
Now’s not the time to be modest. Landlords would far prefer to have reliable renters in place, so if you have an impeccable credit history and references go ahead and drop this info like it’s hot. Be sure to include your score, if you know it. The apartment community is more likely to offer discounted rent to a sure thing, rather than someone who’s racking up debt all over.
Some apartment communities have flexibility as to whether you pay month-to-month or upfront for a certain period of time, such as three, six or even 12 months. If you have the savings this could land you a discounted rent rate since they’ll already have your money in the bank. This apartment deal will cost you more upfront but will save plenty in the long-term.
Sure, you might want a view of the bay or whatever, but if it works better with your budget to rent a middle floor unit it’s probably smart to make the concession. The same goes for ua-desirable first-floor units. It’s simply cheaper to snap up a middle unit.
You can also save major bucks by opting for a community with onsite, rather than in-unit laundry. This minor inconvenience can net big savings in the end.
The same concept goes for fixer-upper units. Although it’s lovely to move into a turnkey place with a fresh coat of paint, pristine hardwoods and gleaming stainless steel, it’s also going to be reflected in the rent price. So think about what you really need, versus what you really want, all with your budget in mind. Many communities will approve minor repairs and upgrades, so check into that option and do the work yourself for a fraction of what they would have up-charged you!
Sure, you want to be in the trendy part of town, but it’s not worth being near all the hot spots if you have no money left over after rent, utilities and amenity fees to enjoy them. Instead, move a little further out to find the unit you want at a price that won’t break you. Then use ride-shares or public transportation to get you where you need to go if you don’t have your own wheels.
Searching for an apartment can be overwhelming in more ways than one. A little extra diligence on the front end, however, is likely to net big savings in the end.
So whether it’s a coupon, selecting a basement abode or a combination of the two, take a beat to figure out what you really want, when you want it and what you’re willing to give up to reap the best cash savings possible.
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