If you are looking for the perfect rental, you probably already know how much difference location and square footage can make to your monthly costs. Tenants could cut down their rental fees simply by switching locations or opting for a slightly smaller apartment.
But you also need to consider your recurring costs. For instance, moving to a new location may become a false economy if it increases your commuting journey and/or time. Similarly, you can't always afford to go smaller without sacrificing your comfort. So what other tricks can save you money in the long run with a rental?
Opt for furnished options
This one is a no-brainer. If you are going to rent out a place, you could save money by moving into a pre-furnished apartment. Indeed, furnished homes are already equipped with essential units, such as beds and a sofa ensemble. It can be a great solution for tenants who need temporary accommodation, as you don't have to worry about buying your own furniture.
Make sure, however, to inspect the furniture to ensure you can rely on its quality and sturdiness.
Consider rentals with smart controls
Smart home hubs and dedicated hvac control module systems are growing in popularity in most homes. They enable you to have greater control over your energy consumption, ensuring you don't waste energy when you don't need it.
Smart control systems can be programmable and connect to your smartphones. Others provide manual control and display, depending on the technology available.
Check the insulation
You can review the insulation quality when you visit the rental. Approximately 90% of US homes are underinsulated, which means that it can be a significant issue for your rental. Typically, insulation problems can be detectable by touch. You may notice that the ceiling underneath the roof or the wall is cold to the touch, which means that cold air finds its way inside in winter. In summer, they will be warm to the touch. Additionally, you can also feel a draft around the door and the windows.
Insulation problems will drive your energy costs high, as you need to heat more in winter or cool more in summer to create a comfortable environment.
Are there preferred suppliers?
If you live in an apartment, it's worth checking with your landlord if they have preferred suppliers for the building. More and more suppliers are providing preferential services in community areas, such as apartments within the same buildings.
Additionally, you may even discuss the possibility of having your landlord pay for some services, such as broadband or TV channels, as they may benefit from discounted prices. It is worth investigating different options and negotiating the best solution with them.
Plumbing checks
Never skip basic plumbing checks if you get to visit a rental. Old pipes are not typically visible. However, old and dripping faucets are hard to miss. You may request plumbing repairs to be done before you have to move in if the damage is significant.
It is worth checking pipe connections, such as behind the washing machine and dishwasher.
Save yourself a lot of money by being thorough on your checks before choosing a rental. From furnishing options to plumbing checks, you don't want to leave anything to chance!
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