Magnolia Property Solutions, LLC

Real Estate Investing


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Renters Be Aware

With the rent rising and the popularity of renting still in it’s booming phase, it’s going to be a tough market to get the living space you are looking for.

There are a few smart tips to go into this market with that might be beneficial for you in this process. With the prices rises, it might be smart to consider sharing the rent.

If that’s not an option, know your rights! It’s important to know the rules for fees and deposits and to protect yourself from those landlords who aren’t as reliable or trustworthy.

Anticipate extra fees and costs. Expenses can rise with parking, insurance, and amenities. Never go to your maximum budget because there will always be something extra you aren’t taking into account for. If you are one of those lucky ones without any hidden fees, you’ll appreciate that extra income later on.

Be prepared to negotiate. Since renting is on it’s rise, the competition can get rough. Keep all your information needed for an application ready so there is no wasted time, and accept that you might be fighting with others for the same space.

Be willing to compromise. You are not going to get what you used to pay for. ¬†Accept the fact that you might need to live with less and be reasonable. Renting is stressful enough, you don’t need any extra stress added onto it!

Be prepared. Be ready to negotiate. Be open to different possibilities.