Luke Hemmings. Interiors. November 07th , 2017.
Many people really prefer furnished apartments as they provide a few distinct advantages including better ROI and better tenants. But before you decide if a furnished apartment is the best investment decision to make, you have to be attuned to your target market, the demand for this type of rental apartment, as well as the location of your property as these are very important things to consider.
Apartments with lots of amenities are typically owned by large property management companies and are more likely to check your credit. So, if you have bad credit, stay away from the apartments with pools and workout rooms. An individually-owned condo or townhouse probably wont require a credit check, especially if its newer. Chances are the owner hasnt been through many tenants and probably hasnt had a tenant skip out on the rent, so they dont have much reason to do credit checks.
Even though there are such kinds of apartments willing to grant approval to problem tenants, these apartments will nevertheless demand that those tenants fulfill a few basic requirements. One of them is being on a job at least six months. Some apartments will ask for a hefty deposit depending on the individual leasing office. Others will ask for three months of rent in addition to the deposit. One must also earn at least three times the amount of the rent.
Finally, dont forget to accessorize with items such as lamps, pillows, curtains, and even rugs that can emphasize the theme you have set for your small home. Make sure every accessory matches well with other objects inside the house especially when it comes to color and texture. The accessories you add can also highlight your own personality if you wish to.
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