Whether you’re a long-time renter looking for a new living space, a first-time renter unsure of where to start, or a current renter considering extending your stay, negotiating your apartment lease can feel daunting. But the fact of the matter is that you’ll never know if and where the landlord or property manager is willing to budge if you don’t bother to ask. Today, we’ll share seven lease negotiation tips with you. [Read more…]
7 Tips for Negotiating Your Apartment Lease
How to Guarantee Your Apartment Security Deposit Refund
If you’ve rented a place to live, you’re likely familiar with the concept of security deposits. Depending on how well you take care of your rental unit, you’re entitled to receive this deposit back in full after moving out. However, there are some cases in which a tenant will only get a partial refund or no refund at all. So, if you want to guarantee your security deposit refund, read on. [Read more…]
Is My Storage Unit Insured by My Homeowners Policy?
Stuff. And lots of it. Modern-day Americans often have more stuff than they know what to do with. Enter: storage units—a place to keep all the extra stuff you don’t have space (or a need) for in your everyday living space. From holiday decorations to unused furniture, sentimental keepsakes to seasonal wardrobes, and family heirlooms to collector’s items, storage lockers can be useful in a variety of ways. But just like your house, office, or car, storage units are exposed to risks that can damage or destroy your possessions. While they’re tucked away and out of sight, how do you protect your belongings? Is your storage unit insured? [Read more…]
6 Renter-Friendly DIY Projects to Spruce Up Your Space
For many people, there are several perks to renting a place to live, from flexibility in moving to the lack of maintenance responsibilities. One downside to renting? Not being able to personalize the space with certain design choices due to the terms of the rental agreement. But there are ways around this. We’re sharing six renter-friendly DIY (do it yourself!) projects and renovations that can spruce up your home without violating your lease or upsetting your landlord. [Read more…]
Can a Landlord Require Renters Insurance?
While approximately 95% of homeowners in the U.S. have homeowners insurance, only about 57% of renters have renters insurance. Unlike car insurance, here in Massachusetts, renters insurance is not required by law. And although the benefits of having renters insurance are various, with policies starting at very low premiums, many still choose to go without in order to save a few dollars a month. But wait—not so fast. Even if it’s not a government mandate, landlords often ask that their tenants do make the investment. This begs the question: Can landlords be the ones to require renters insurance? [Read more…]
Who’s Responsible for Rental Repairs—the Landlord or Tenant?
If you’re renting a place to live rather than buying the home, you may be enjoying the benefit of not having to perform the maintenance and repairs since it’s not your property. Sure, if a lightbulb’s burnt out or the smoke detector needs new batteries, you can and will handle it. But when it comes to larger projects and more serious issues, who’s physically and financially responsible for the rental repairs—you or your landlord? Well, it depends on the issue and who or what caused it. Let’s take a closer look at key distinctions.