Renting versus buying may seem less of an obvious question now that property values are evening out. However, there are still many people who are split on the issue. This article will look at some of the reasons why renting is still the best option for some people. If you decide that renting is indeed the best option for you, contact your local property managers in Tacoma who have the know-how to find the right rental home for you.
1. Movability
Renting a home is far less of an investment in several ways. Of course, you have far less money to put down when you move in, and most of that is generally refundable if you leave the place in good shape. One of the great things about renting is, you can move at the end of your lease. No waiting around to sell the place, no waiting until you have invested enough time to be worth selling. You can just up and go whenever the lease is over. Finding a month-to-month option gives you total freedom to make any month your last. You get an opportunity to work way on the other side of town—no problem!
2. Low Maintenance
Renting means never having to mow the lawn again! If you encounter any problems with the building (leaking roof) or an appliance stops working, fixing it is as easy as calling the property managers. There is no work to be done on your part and, even more important, no cost to you!
3. Smaller Spaces Equal Savings
When you have less space, you have less to fill it with. No need to buy extra furniture just to fill in the space. With less space also comes less heating and cooling costs. However, if you do prefer more room there are often larger homes on the rental market so you can still get all the other benefits of renting, while still having plenty of space to stretch out.
4. Less Stress
Having a home you own means worrying about all the little things that might need work. How long has it been since you’ve had a roof inspection and cleaning to ensure the mold up there doesn’t lead to roof damage? And what about making the whopping payments and taxes that come along with owning a home? These types of stressors can keep a person up at night. In a rental, you sleep soundly knowing none of it is your worry.
5. Amenities
Many apartment complexes and condominium rentals have free access to an on-site gym and community center. Many have round-the-clock security as well. Some offer tenant get-togethers with anything from wine and cheese night to family movies—all at no cost to you.
These are just the tip of the iceberg when it comes to reasons to rent. For more benefits contact our office at Olympic Rental & Landlord Services.