Balanced Accounts
Just like with any other rental, renting student housing means putting together a projected budget. One-time or monthly expenses that are good to plan for in order to better manage charges and leisure expenses
Becoming a renter means first of all keeping a budget. What amounts to pay, how to pay and when: so many indispensable elements to calmly manage your budget.
Paying Rent On Time
Every rent must be
paid in advance at the beginning of the month.A regular expense that it's better to pay by
automatic debit. This will keep you from having to send a check every month and getting lost in your accounting.
Plan on a Moving-In Budget
When the lease is signed, the renter must pay:
- a deposit equal to one month's rent including charges.
- administrative and file processing fees.
- payment of the first month's rent in propotion to the monthly rental period.
Think About Additional Expenses
Renting student housing doesn't mean just paying rent. You have to think about additional expenses:
- rental insurance required lupon entering the property;
-
turning on the electric, opening an electric company account and consumption;
-
opening a telephone company account and consumption for land lines;
-
government rental tax.
Rent Smart
Upon signing the lease or during the rental period, it's a good idea to:
- find out about
LOCA-PASS® advance to finance the deposit , It's a no
interest loan which can be reimbursed over several months;
- itemize insurance company rates specifically designed for students;
-ask to pay the government rental tax on a
monthly basis to avoid paying everything all at once.