Moving into a new apartment is very exciting and challenging at the same time. It could be one of your biggest financial moves to date. Apart from rent, you might have to spend money on a lot of things such as furniture, utilities, and other essential items.
If you are feeling a little daunted about renting a new apartment, then don’t worry. Here we have listed a few mistakes you should avoid when moving into a new place. Whether this is your first move or not, avoiding these mistakes will ensure a smooth transition. Let’s have a look:
1. Renting without seeing the apartment
Looking for a property online may differ from checking it out in person. Photos of the apartment online are often misleading and can leave you disappointed when you see that in reality, it’s not that good. Seeing the apartment that you are about to rent will help you to know some basic things like the size of the unit and whether it’s clean or not. Moreover, it will protect you from being scammed.
2. Underestimating the total cost of the apartment
The total cost of renting an apartment includes more than a monthly rent payment. So, be prepared for that. The first question you need to ask yourself is how much you can spend on housing? When you have an idea, you can compare it with the rental cost for other apartments in your desired area. To get more options, you can research online or go through the classified ads in newspapers. This will help to make the moving process more convenient.
Apart from the first month’s rent, here are a few initial expenses you need to cover when moving into your new apartment:
Fees for your cable and telephone
Deposit for pets
Deposit for electricity and gas
Also, you might need to furnish your apartment and buy some important items like cleaning supplies, bookshelves, lamps, etc. After considering all the expenses, it may cost you a few thousand dollars in the first month of renting an apartment.
3. Not reading the lease carefully
A lease is a legal document between you and your landlord. It states the rules you must follow and each of your rights while living at your new housing facility. You must read the lease carefully to know restrictions, additional fees or penalties, policies about pets, utilities covered, and more. Reading the lease thoroughly and then signing it will ensure that you completely understand your responsibility as a tenant. If you don’t understand certain terms and conditions mentioned in the lease, you can always seek help from your property manager or landlord.
4. Living without renters insurance
Your landlord might have insurance for the property, but that won’t cover up your belongings. So, you need to possess your own renter’s insurance to protect your possessions. The insurance policy will cover up every loss, including fire, theft, and other disasters.
Wrapping Up the Post
If you are looking for apartments for rent in Bronx NY, you’ll be amazed by the variety of options available. To get more information, you can visit The Lombardi at www.the-lombardi.com. The Lombardi offers various apartment options, including Luxury Apartments NYC for Rent. You can check out our rental listings for your area today!