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Pros and Cons of Renting Apartments by Cleo Gib





Pros and Cons of Renting Apartments by
Article Posted: 03/03/2011
Article Views: 113
Articles Written: 12921
Word Count: 320
Article Votes: 0
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Pros and Cons of Renting Apartments


 
Real Estate
Many different factors drive the type of place you live in--age, marital status, income, and personality are just a few examples. Whatever your demographic, here a few pros and cons to apartment life.

Pros:

1. Apartments give you flexibility of lifestyle. What this means is, an apartment enables you to move around as desired because you aren't tied to the same mortgage commitment you would have with a house. This can be a great situation if you are the type of person who likes to jump around from place to place and experience new locations or careers.

2. Apartments give you a maintenance-free lifestyle. Everything from toilet leaks to a broken furnace is taken care of by the apartment complex's onsite maintenance crew at no extra charge to the residents. Not only that, but you don't have to worry about mowing the lawn and other landscape maintenance. For people with extra busy lives or zero time as it is, the hands-off approach to apartment upkeep can be very appealing.

3. Apartments give you amenities you might not otherwise have. Swimming pools and hot tub areas, fitness rooms, and business centers are the standard among apartment communities, free for residents to enjoy. Most even have community centers that you can rent out for an evening for a get together or other event.

Cons:

1. An apartment doesn't help you build equity. For some people, living in an apartment is just a temporary situation until they can afford to buy a home. The rent you spend on an apartment doesn't increase your financial value, so take that into consideration before making that monthly commitment. 2. Some home mortgages are cheaper than rent. This can be especially valuable with the above reason in mind when choosing between apartments and houses.

Berwood Management Inc. is a apartments Orange CA ironment more comfortable and relaxed than you ever dreamed possible.(http://orangewoodvillaapartments.com)

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