Top 5 Reasons I Chose My Rental Property

November 10, 2011

by admin

17 comments

Last week I entered four apartment units, for five short minutes each, and had to pick one to live in for the next year.  Aside from the great downtown location, here are the “Top 5 Reasons” I chose my 600 square foot one-bedroom apartment…

  1. Natural light. I don’t need to turn on the lights until the sun goes down. From the kitchen window, two dining room windows and sliding glass door, in the bulk of the apartment, to the wall-width window in the bedroom and the neutral-white walls, the space feels larger than 600 square feet (I know because I measured!).
  2. No dishwasher? No need with a double-wide, undivided sink. I can stick to delaying dish-washing duties until the deep sink fills up and then work up the motivation to wash them. Who couldn’t use a little extra motivation?
  3. Peace and quiet. I was lucky to find an apartment that shares no walls, only the ceiling. With the one unit above me, there is virtually no noise.
  4. Larger-than-needed parking spots! You could fit a Chevrolet Heavy Duty 2500 truck in my designated underground carport. I don’t own that truck, but if I did, I’d be able to park it there. Wishful thinking…
  5. Deep closets to hide the stuff I rarely use. I need all the help I can get when storing surfboards, golf clubs, bikes, skis, a lacrosse bag, etc.  The amount of sporting equipment I have may be a little excessive  but it’s so nice to have storage space.

If you are an investor, consider these things because they matter to regular apartment-renting people like me. Lighten the paint, add a bigger sink, soundproof the walls, provide decent city-parking and add some storage options.

Happy renting!

{ 17 comments }

Dave Roberts November 10, 2011 at 11:57 am

Congratulations on being decisive and employed! Now if you just had a bigger truck…

Mary Carol Burdett November 10, 2011 at 11:33 pm

Way to go, Jeff!!! As always, we are soooo proud of you. LOVE, G and G

Ann Leonard November 11, 2011 at 1:04 pm

I think you have a talent for expressing yourself and knowing yourself. Love the positive take on a small space. We are in the process of decluttering after a recent experience of helping a couple leave their home after 50 years. My hint is don't add clutter to your life and only save what you really love and cherish.

Kathryn November 13, 2011 at 8:30 pm

Hi Jeff,

Me and my husband are planning for a rental by first quarter of 2012, however I always have the big threatening question "are we able to manage in a rent home without any downstreams"? I would like to ask what is the basic rule to prepare our mind that enables us to live happily and without any doubts. I would always appreciate your response.

Congrats for a very interesting article. Cheers!

Kathryn

Thanks

Orlando November 18, 2011 at 12:36 pm

Condos that are 850 sqft go for $125,000 in downtown Orlando, FL and they are tight…good luck!!!

Best wishes!

O

residential lands November 19, 2011 at 1:20 am

thanks for the nice information
its a good info to all

Jim Wagoner November 19, 2011 at 1:08 pm

Good information. I own too many rental houses and I know my tenants look for similar features. I do have to disagree about the dishwasher. Assumming there is room in the kitchen, a dishwasher is a small pcost for a landlord to attract more possible tenants.

Charles Young November 21, 2011 at 10:37 am

Great post. All five reasons are great reasons for rental of any type of property.

Bangalore Apartments November 25, 2011 at 11:15 am

great post , indeed nice reasons for choosing rental property

Jacob Fonacier November 27, 2011 at 9:40 am

This is such a nice and helpful post Jeff! For sure, it would serve as a good guideline for people thinking about finding their own place to rent. Keep it up!

Charter_Pacific November 28, 2011 at 10:09 pm

Hi!
You really have a nice thought, that's why a appreciate your blog.
Like you, I love the reading blogs about commercial real estate.

Christina J. Rumsey December 1, 2011 at 9:13 am

Hi, that makes us two! I'm also a huge fan of Jeff's work. That's why I call it his masterpiece. ;)

Chloe Stafford December 5, 2011 at 9:18 am

Great and helpful post Jeff!! I am thinking about moving out from my mom's place and stumbling upon your post is just like the answer to the questions inside my mind on how can I choose the best unit for me to move into. Wish me luck!

Real Estate Agents December 9, 2011 at 12:29 am

I am also looking rental property will advanced facility. Here you have mentioned good points which are so common and most required for all people.

Samantha Kettler December 16, 2011 at 4:02 pm

Thanks for this nice post, Jeff! As I am still looking into Franklin homes for sale listings, I have decided that it would be better to rent a home first while I am still making sure that my credit rating is in the best form to buy a home easily. Reading this post of yours gave me a complete idea on what I should be looking for in a unit during my apartment search.

Francis Fonacier December 17, 2011 at 5:31 am

Great post Jeff! This is a simple but complete guide that would help me find the ideal apartment unit for me! I am actually in the midst of creating a list on what my apartment needs to have and this post came in as a great help! Thanks much!

margswarnabhoomi January 24, 2012 at 5:16 am

Great site.excellent 5 points and thanks for sharing.
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