It seems there is nothing special about renting accommodation since many people live this way for ages. You just need to find a suitable dwelling and sign a contract. However, often this process involves various pitfalls, and a person faces high chances to be left high and dry in the end. Of course, it is not the only possible scenario, and renting is not always a waste of money. People rent accommodation for different reasons. While someone cannot afford to buy their own apartment, others don’t want to tie themselves to one place forever. Renting is especially popular among young people since many move to another city to study and need a place to live. In most cases, they don’t plan to settle there and seek freedom of movement, so renting looks like the best option possible. Many students share accommodation with groupmates and have an aside job to cover expenses. It is when a speedy paper promo code comes in handy and helps save a penny. If you don’t want to spend a fortune on your accommodation, you should follow some useful tricks and tips.
- Find a roommate
One of the easiest ways to cut the costs of renting is to find a roommate. Many people don’t like to share their dwelling with someone else, but it is better to postpone this principle for later if you lack money. Statistics say that a one-bedroom apartment may cost you about $1,600, and a two-bedroom one can be about $1,900. Of course, these prices can be higher or lower depending on the state, but it is a fortune for one person, especially if your incomes leave much to be desired. It would be much easier to find the money for half of this price tag. Just calculate what a big sum you can save for a year. Does living alone cost it? Well, don’t forget that you will have to cover other expenses like utilities apart from a rental payment.
- Discuss the price when you renew housing rental
If you show yourself from the best sides possible as a tenant, you will increase your chances for successful negotiation when the time comes to renew your housing rental. Most landlords are interested in keeping good renters who don’t mess up and cause problems. Besides, they also waste money on searching for new lessees. It gives you a chance to discuss the rental price. You can look for similar dwellings in your area to have an ace in the hole. If the landlord refuses to lower the price, you can say that you cannot afford to stay there longer, so you have to move out. Just bear in mind that such an approach will not work out with everyone.
- Pay upfront
If you turn to a reliable paper helper and free up your schedule for a part-time job, you will be able to save some cash to pay upfront for your apartment. It can be a reason to ask for a discount, so you will be able to save a pretty penny in the long run. This option is not for everyone, and you should be sure that you will stay in the place for some time. If you lack money to make this deal, it is not worth getting a loan to save several bucks since you will lose more in the end. Weight all the pros and cons of such a step to understand what option tips the scale.
- Opt for a prolonged lease
You should apply for this option only if you are completely sure about the landlord and the long-term stay in one place. For example, if your elder brother rented this person’s accommodation before, and you have three years of studying in the local college ahead, you can agree on a prolonged lease. In most cases, landlords are interested in stability and keeping permanent renters, especially if the latter has good recommendations. The extended lease may assure the landlord to reduce the price.
- Start looking for accommodation in winter
You might not know that it is much harder for landlords to lease their apartments in winter because people become less active and don’t want to move anywhere. On the contrary, summer is a hot season in all ways, so rental prices go up. Thus, it makes sense to search for accommodation at the beginning of the cold season and rent it until summer. A landlord is more likely to agree since they will not lose money and get certain stability during this period. Of course, it can be not very pleasant to move out and start searching once again, but if you don’t have much stuff, it will not be a big deal.
- Offer your services
If you are good at something that may come in handy for your landlord, you can offer your services in return for a discount. For instance, you know that your landlord is looking for a skillful account manager, and it is your cup of tea. Anyway, they have to pay someone for this scope of work, so they can agree to cooperate with you under specified conditions. Besides, they may agree to drop down the price if you do minor cosmetic repairs in the apartment or change some utilities. Just make sure to discuss all the moments beforehand, so you will not waste your money and find yourself in debt.