Where most industries use the term coupon, in apartments the term concession is used. A rent concession is a discount or adjustment made to rent, security deposit, or other fees typically due and owed to the landlord. For example, a $500 concession, usually means you...
While there are distinct advantages to living alone, such as peace and quiet, there are also potential disadvantages such as higher rent bills (since you are not splitting them), potential loneliness. Find out why some people prefer it and others do not. Advantages of...
As the largest independent academic medical center in Philly, Einstein Medical Center trains more than 450 residents across 40 programs, including Urology, Pediatrics, Neurology, Family Medicine, and more. Once you landed your dream residency program at Einstein...
If you're thinking of renting an apartment, there are specific things to look for in the lease to help avoid potential problems or mis-understandings later. Here they are: Quick Summary Video (if you prefer) and then keep reading... 1. Lease Term What is the length of...
So you are wondering how many washers and dryers are in an apartment building? But wait, what if your apartment complex has 5 units or 100 units? Are 2 washers and dryers enough for 100 units? No! Now you see why it matters. How To Assess A better question, therefore,...
Where do you get the floorplans for your apartment? Usually, you get floor plans from the property manager (perhaps during your initial tour), and you certainly should request floorplans before you sign a lease. Quick Summary Video (if you prefer) and then keep...
Is a studio apartment cheaper than a one bedroom? Yes, a studio apartment is almost always cheaper than a one-bedroom apartment in terms of a total dollars per month, but usually more expensive on a dollar-per-square-foot basis. Quick Summary Video (if you...
One of the biggest questions we get asked from residents is whether 'they are paying rent for the previous month or next month?' Unlike with utilities or other vendors, with apartments you are usually paying in advance / pre-paying rent for the upcoming month....
What and How Much is a Security Deposit? A security deposit is a fixed amount of money that you pay upfront (upon lease signing) and it is typically refundable, subject to returning the apartment in the condition you received less normal wear and tear. Typically, this...
There is no definitive answer in terms of whether gas or electric is better, however, if given the option, many people prefer to have gas in the apartment as it is often cheaper to heat, provides a better cooking experience with a gas range, and generally provides a...
Every city has its nuances when looking for an apartment. For example, in New York City, StreetEasy.com is a major listing platform but not in Philadelphia. In New York city, co-ops are common for rent, but not in Philadelphia. If you are looking for an apartment in...
To prepare for an apartment viewing, plan ahead by: making a checklist that contains all your 'must-have' features, jotting down a list of questions, confirming the availability of parking, confirming where you will meet the leasing agent, and budgeting in some time...
