Advantages of Renting in Managed Buildings

by | Sep 7, 2015 | Real Estate

Renting an apartment, duplex, or townhouse give tenants time to save money for a home, decide if the area is where they want to settle, or attend university without having to live on campus. There are some people who have no desire to own a home. The drawback to renting living space is that there is no way to know in advance if the landlord will take proper care of the unit. There are no guarantees that repairs will be completed in a timely manner, noise levels will be under control in multi-unit buildings, or if tenants can reach the landlord when they need to.

Rental units that are operated by management companies are usually well maintained. There is also someone on-site to address the needs and concerns of current tenants. Investors often use managers to interface with tenants, collect rent, answer questions, and review applications. They meet with potential renters, do background checks, and explain the expectations regarding conduct, payment, and pets. Managed apartments in Ames are a better way to rent when there are roommates involved. Each person has to complete an application, sign a lease, and is responsible for their portion of the rent. That protects individuals against being stuck for the entire amount of rent or getting evicted for the conduct of another person.

Some management companies charge application fees for renters and pet fees for units that allow pets. Those can get expensive so look for a company that has no application fees. The standard amount of money needed to move into an apartment is a security deposit and first and last month’s rent. There are apartments in Ames that can be rented with less money up front. If the renter has a solid credit history, a deposit and the first month rent amount may be all that is required. If a local person is willing to be a co-signor, the amount may be less, but that means the co-signor is responsible for any damages or money owed should the tenant move out suddenly. Contact  for details regarding managed apartments, application forms for rentals, pets, and roommates, and information about utilities. Vacant apartments with one, two, and three bedrooms are available in the area.

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