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5 Things You Must Know Before Renting A New Apartment

5 Things You Must Know Before Renting A New Apartment

5 Things You Must Know Before Renting A New Apartment

Owning a house is everyone’s dream but some cannot afford to make a purchase and hence rent an apartment to make their living. The benefit of renting is that you can easily move to a new city or location as and when required. So there are no hassles of selling your property before moving. However, there are 5 things you must know before renting a new apartment that can help you choose a right home.

The neighborhood

For the safety of you and your family members, it is essential to know what kind of neighborhood does the apartment has around. You do not want to be surrounded by troublesome people or someone who does not have a good reputation. And also check the safety and security aspects of the building or apartment. Do a quick research to understand the area and the lifestyle of people who live around. This will give you a better idea to see if your family can fit into the environment easily.

Read and understands terms

Before you sign the paperwork and agreement documents, make sure to take time in reading each and every part of it. If something does not make sense to you, be bold enough to get clarity from the owner or the broker. Make sure you understand what each clause or term mentioned in the agreement. This will help you clearly understand the dos and don ts, so you do not have to face inconvenience at a later stage. Things like expiry date of the agreement, the duration of the hike in rent, the percentage of a hike, security deposit, etc are some of the things you must carefully read through.

Inspection of the apartment

When you are looking for an apartment for rent in Maadi Sarayat thoroughly inspect the apartment before you sign the agreement. Look for any pre-existing damages to the property and bring that to the notice of the broker or the owner. Check each and every part including furniture, doors, windows, plumbing, paint, electricals, accessories, and fittings, etc. Check their condition to make sure everything works fine and if something isn’t, you have rights to get it fixed or replaced before you settle in.

Know the owner/landlord

The apartment may all be in order and in perfect shape but if the owner is troublesome, you may encounter an unexpected problem in future. So meet the landlord and find out if the person is friendly or rude. You better avoid that apartment if you even suspect that he/she looks or sounds strange. You cannot take chances whatsoever as a bad landlord can cause unnecessary problems.

Set your budget

You do not want to spend the majority of your income on paying rent for your apartment. So it is important to analyze how much you can really afford from your total income towards the rent. It is usually recommended that your rent does not exceed 25 to 30 percent of your income. If you set a budget, it will be easy to narrow your search and have the broker look for a house within that budget.

How To Build Your Home For Less

How To Build Your Home For Less

Are you embarking on your dream to build your very own home? There are actually a number of ways to save money when you build your own home, here are just a few to help you along.

1. Find out what’s really important to you

Before you begin doing anything, try and sit down with your partner and find out what aspects of the house are the most important to each of you. Which areas are you willing to compromise in and which are a must have? Setting out clear intentions will see you saving a lot of money down the line when it suddenly comes up that one partner simply cannot do without marble counter tops, for example.

2. Find the right builder

This is an important one. Firstly, you need someone that understands what you are trying to communicate and someone you can trust. There will probably be a few setbacks, such as an extra rainy winter, or other unforeseen costs, but a good builder will build you a home on a budget
that suits you with the minimum of changes.

A bad builder might mean that they underestimate costs, or aren’t good with working with subcontractors, or have several other jobs on that they focus on. Meet with a few builders and make sure you get their references Word-of-mouth is always good, find out if you have any trusted friends who have had good experiences with builders.

3. Figure out the cost of living while you’re building

If you’re busy building your dream house it means that you don’t have one yet. Unless you are willing to live in a tent or a caravan on your property while you build, you will need to rent a place to stay, unless you already have a second property. Believe it or not this is a cost that people often don’t consider, or they underestimate the amount of room they’ll need over the time of building and rent a place too small for their needs because it is inexpensive.

Do your research and find a place to stay that is within your means as well as your needs, most builds take a bit longer than predicted due to unforeseen factors, so try and find somewhere you’ll be happy to stay in for a while. Here’s a tip: If you can, find a place that is close to your soon to be building site so that you won’t be far from the action if needed.

4. Take advantage of your builder’s discount

As you are building your own home you should qualify for a builder’s discount. Check around and find places where they offer this discount. Builders can often get items at a wholesale price as
well. This can save you a lot of money in the long run.

5. Do some of the work yourself

Are you handy at all? Pitch in and do some of the work yourself. Perhaps you can install some of the easy to install fixtures, if that’s okay with your builder, or perhaps you can lay down tiles, you can certainly paint the walls. This will all add up.

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