Don’t Move! 7 Reasons Why Renting Makes Sense

It’s the most wonderful time of the year, at least for the Apartment Guide team. Renters are making tough decisions about whether to stay put in their current apartment, or move on to a bigger and better abode.

It’s natural to assume that after a few years of renting, you’re automatically ready to take on the title of homeowner. But you might need to slow your roll before you’re in too deep. Are you really ready to own a home? Like, really? Below, we outline a few reasons why you might need to renew that apartment lease.

benefits of renting vs. buying

Continue reading

Month-to-Month Leases: What You Need to Know

Short-term leases have their pluses and minuses. Check out the details here.

Short-term leases have their pluses and minuses. Check out the details here.

Feeling a bit fluid and spontaneous when it comes to your living situation? If your needs dictate, you may wish to explore lease options other than the typical 12- to 18-month rental period.

Whether you’ve taken a temporary job, plan to travel for an extended period, or simply don’t know where you’ll choose to live in the near future, you may enjoy the flexibility that a month-to-month lease offers.

It’s important to note, however, that a month-to-month rental agreement isn’t for everyone. Read on to consider your options before you commit.

Continue reading

What to Do When You’re Both a Renter and an Owner

When you both rent and own, you've got a lot of details to look after.

When you both rent and own, you’ve got a lot of details to look after.

There are many reasons homeowners may find themselves in a position to rent and own at the same time.

Some cannot afford to stay in their homes, but also can’t afford to sell when a depressed economy means the inability to get a good sales price.

Other homeowners find themselves needing to rent because they’ve moved for a new job, but still want to hang onto a home.

Whatever the reason, being both a landlord and a renter at the same time comes with complications. Here are five issues to consider when you both rent and own.

Continue reading

Should You Co-sign an Apartment Lease?

Here are items you will want to weigh carefully before you add your signature to another person’s apartment lease.

Here are items you will want to weigh carefully before you add your signature to another person’s apartment lease.

If a friend or relative asks you to co-sign on an apartment lease, should you do it?

Of course, we all want to help friends and family in need, but you have to be careful when it comes to the commitment of legally guaranteeing another person’s apartment lease.

Here are some items you will want to weigh carefully as you consider whether to add your signature.

Continue reading

Rental History Becoming Key for Approving Leases

Paying the rent on time every month is the most important part of establishing a good renal history for yourself.

Paying the rent on time every month is the most important part of establishing a good renal history for yourself.

Here’s some important news to be aware of if you are a renter or a potential renter.

The apartment leasing industry (also known as the multifamily industry) is increasingly using a new metric besides the credit score to help determine whether they should offer a lease to a prospective renter.

Rental history is becoming a key criterion for approving new leases, and it is judged by many landlords to be a very reliable measure.

Continue reading

Can You Rent an Apartment with Bad Credit?

If your credit isn't quite up to par, you'll probably need a trusted friend or family member to co-sign an apartment lease with you.

If your credit isn’t quite up to par, you’ll probably need a trusted friend or family member to co-sign an apartment lease with you.

Think you can’t rent an apartment with bad credit? Think again.

While it may be a bit more difficult for those with credit issues to rent an apartment, it’s not impossible.

To make yourself a more appealing applicant, you have to understand what property managers are looking for and know how to convince them to work with you.

Here are five strategies you might use to help secure an apartment lease — even when you have a few dings on your credit report.

Continue reading

Know the Components of an Apartment Lease Agreement

Look for these elements as you navigate the language of an apartment lease.

Reading your apartment lease agreement can feel overwhelming, but it is important to understand the terms of a lease before you commit to it.

Here is a list of the basic items you will find in most apartment lease agreements. Look for these elements as you navigate through the language of your apartment lease.

Continue reading

Know How to Renew a Lease

Know How to Renew a Lease

This apartment lease checklist will walk you through the steps of renewing a typical apartment lease.

Don’t wait until the last minute to renew your apartment lease. If you act early, you reduce stress and improve your options to make a lease agreement that meets your needs.

This apartment lease checklist will walk you through the basic steps of renewing a lease.

Continue reading

May a Landlord Choose Not to Renew a Lease?

May a Landlord Choose Not to Renew a Lease?

If your lease is coming to an end, you might be considering what to do next. In most cases a resident will either renew a one- or two-year lease, opt to stay on a month-to-month basis, if possible, or move out.

But can a landlord choose not to renew a lease? Read on to find out about this renting wrinkle and what to do if it happens to you.

Continue reading

Be Aware of Actions That Might Violate Your Lease Agreement

Did you ever consider you might be breaking one of the rules in your apartment lease agreement — without even realizing it?

Did you ever consider you might be breaking one of the rules in your apartment lease agreement — without even realizing it?

When you move into an apartment, you sign an apartment lease agreement that spells out many specific rules to live by.  Keep in mind that there are some actions which could violate your apartment lease agreement, and these actions might not be immediately obvious to you.

Here are a few things to watch out for.

Continue reading