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10 Things You Should Check Before Renting An Apartment




If you can’t afford buying an apartment in the metro city, your next best solution is probably to rent one. Though moving to a new apartment is very exciting, finding a good one to rent could be very challenging. There are few things one should consider before taking a big step, so here is the checklist one should go through before renting:
1. Location: People prefer living closer to the places of their choices, be it work, shopping centres, grocery stores, banks or hospitals. They always want to live closest to the places to which they can travel conveniently. It saves a lot of time which seems to be very scarce in the current working environment.
2. Parking: Adequate parking spaces have become equally a very important factor for a lot of people moving in especially if the tenants own a car. Even in the case of bikes tenants still prefer the parking to be a lot closer to the apartment, if not available inside the building.
3. Noise: Staying in a location close to main roads, railway stations or bus stops are some things which are not very preferable due to the noise pollution. Neighbours, who make a lot noise, can also be really annoying (though it can’t always be predicted); Tenants still prefer a calm environment around.
4. Safety: Staying away from our home and family can provide a sense of insecurity. If the place rented seems to very susceptive to burglars or any form of insecurity it would be lead to a complete rejection of wanting to move in.
5. Amenities: In comparison to apartments built about a couple of decades ago the recent ones (ex gated apartments) have a lot of facilities like grocery stores, parks, swimming pools and gym which seem to attract a lot of people cause they don’t really need to go outside looking for these amenities.
6. False Claims by the Landlords: There have been claims provided by the landlords that something would be changed once the tenants move in, like for instance, if the bathroom had to be restored due to a water leakage. If this has not been done, the landlords can get away with the current tenants. However, it would lead to a problem to get new people since many responsibilities were ignored.
7. Ignored Repair Requests: Everything has a period of life. Similarly, a lot of the things in the apartment might wear out and needs to be replaced. However, sometimes the time taken by the landlords to get them repaired seems to be very very long or at times never repaired.
8. Owner’s behaviour: Of course the place is not owned by them but no tenants would appreciate or be happy with a rude owner who is not very understanding, demanding and irresponsible in nature.
9. Renovations: When an apartment has newly painted walls, reconstructed doors or the window panels have been changed, it will not only be a very good attraction for the tenants but, it would also provide a very healthy and clean environment.
10. Storage Space: Most people do have a lot of stuff to be kept with. It would be nice to have adequate space in the apartment to fit in all of them. Nobody would want to give them away or sell them due to limitations of space.
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9 Reasons You Should Rent Apartment Than Buying


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Owning a home is everyone's dream but in the current economic situation renting is looking better and better every day. No matter how old you are or where you are in your life, renting can have great advantages over owning a home and here are nine reasons to look hard at renting vs. buying:
1. Flexibility: Firstly staying movable has become a key factor for many employers looking to get employees in the right place at the right time. It does not provide us the responsibility of needing to sell the place or stay fixed. Secondly relieving ourselves out of a lease requires a 30 day notice and some form of a “buy-out” fee but this is significantly less than the cost and hassle of selling a home. Provides us the opportunity to switch places easier.
2. Cost: The cost of having an own place has become very expensive. At the same time maintaining the house, paying property tax and insurance adds the burden further. If you are a renter, all it takes is a call to your landlord or property manager.
3. Amenities: Some apartments provide the facility of various activities like gym, pool and spa. This adds to a lot of savings where all these facilities can be enjoyed at one cost.
4. Land Values: In huge cities, renting a home becomes a lot more affordable then getting a place of our own which is not very feasible. The variation of land values can either make the house value more than the buying cost or simply put us at a risk if the area is not developing as expected.
5. Relocating within the city: Travelling around with current fuel rates has become very expensive. However staying in a rented place provides the advantage of reducing the travelling expense, if located very close to work.
6. Maintenance: Home ownership brings with it the responsibility of home maintenance. At times, the cost of maintenance is significantly greater than many people realize. When there is a problem in the electrical line you could simply call your landlord and get it fixed for free or would you like to call the electrician, wait until he comes, procure the items, wait until it's fixed and pay for it ? What if the Geizer broke ? What if there is a leak in your sink ? The list goes on and on..
7. Security: What if you are a working professional and your wife or mother is home alone ? Don't you want to make them feel safe ? Most of the apartments are gated or have 24-hour security. Adding a private gate or a security system to a home can be a costly affair.
8. Metro City Life: In metro cities such as Chennai, where prices of real estate is skyrocketing, buying a new home is not feasible. Renting an apartment is far more affordable for those looking to live in a Metro city.
9. Social Meetup: Apartments are areas of social congregation simply because you have many different people living under the same roof. This can be great way to meet new people and make friends when you’ve moved to a new city.
All being said, it is certainly a personal decision on what and where you call "home" but don't get caught thinking that renting is creating something less than "home". I have so many friends who tell me how much they enjoy living in a rented apartment with all the modern ameneties. All I'm trying to say is, renting is a great option in any stage of your life and should be considered carefully when looking for your next home.
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