• Home
  • About
  • Advertise
  • Contact
  • Policy
  • Guest Post
  • Archive

One Cent At A Time

A Personal finance blog to get rich

  • Email
  • Facebook
  • Pinterest
  • RSS
  • Twitter
  • Beautiful Life
  • Becoming Rich
  • Beginners Guide
  • Extra Income
  • Productivity
  • Saving Money

Top Money Savers for Property Rentals

August 22, 2017 2 Comments

Share this:

  • Tweet
  • Email

If you want to rent a place and have little time at hand, you might be prone to making some mistakes that will cost you extra money in both the short run and the long run. That being said, let’s take a look at top money savers for property rentals that can save money while you rent out a property, a home, a vehicle or some tools.

Top Money Savers for Property Rentals

Today’s market is against the renters, that means, the property owners have the upper hand as more and more people are opting to rent instead of owning a home, per say. We haven’t still recovered from the housing slump and economy is dangerously close to another round of recession. If you know the boom and bust cycle of the economy. 8 years of continuous growth has to give up some time.

Now it’s wiser to rent, rather than buying properties. And, you need to make sure that you are getting the maximum value for your money. You are getting the best of your money’s worth.

Needless to say that comparison shopping is always the best way to save money. So search and search till you get satisfied about your expenditure. Remeber renting is not one-time expense.

Renting is a recurring expense, yearly or monthly. So look out for options, go to the internet, search for the best deals from sites. But, before you finally chose your property and are ready to rent, you should know the following things:

Money Savers for Property Rentals

Sharing is better than starving

It’s understandable how you might want to move in alone and not have any roommates. However, plans don’t always workout as you want them too.

Renting might prove a lot more expensive than you initially considered. So what are you going to do, give up on the greatest place you found just because you’re a little short?

A possible solution would be to have a roommate. It’s not ideal for everyone, but it’s not a tragedy either. Not to mention that you might be one of those people that love to have company, case in which you’re in a great position.

Never conclude searches prematurely

Never say that you’re done searching as long as there are more areas and resources unchecked. The internet puts a great tool at your disposal and you need to use it in order to make sure that you find the best deals.

If you settle for the first renting opportunity that comes your way, you are more than certainly diving headfirst into a less than optimal deal.

It’s going to feel really bad sometime later when you find out you could have had that astoundingly superior place uptown for just a little more money. But you never knew about it because you rushed.

Invest more upfront to save more in the long run

You might think that the cheapest house on the market is really the cheapest, but that’s not really the case. The home that you want to rent but comes with a really low price tag might require you to personally tend to repairs and what not.

Trust us, the last thing you want on your mind is the restoration process of a property you don’t even own.

It’s one of the worst situations you can find yourself in, but you might be tempted to go through with it anyway because you think it’ll be cheaper to rent cheap and repair things yourself than to pay more.

This is the kind of case in which paying more actually means paying less. In the long run, it will be infinitely more profitable for you to have gone with the more expensive but well cared for home.

LIKE THIS POST?
I agree to have my personal information transfered to MailChimp ( more information )
Join our community of 8000+ subscribers to increase your net worth and build wealth
We hate spam. Your email address will not be sold or shared with anyone else.

Share this:

  • Tweet
  • Email
The tool that changed the way I manage my personal finance - Personal Capital, The Best Free Personal Finance Tool

Want to start a WordPress blog now? The onecentatatime.com blog is hosted by Siteground Web Hosting. For only $3.95 a month, Siteground can help you set up and host your website/blog quickly and easily.

About the Blogger Hi I am SB, a personal finance enthusiast with a career in software development. I am an immigrant to the USA since 2005, after being born and brought up in India. This 40 something technocrat lives and breathes personal finance whenever he gets time from the day job, job as a husband and a dad

Some links on this page may be affiliate links, if you make a purchase following the links, I may earn a commission. Read affiliate disclosure here
« Top Financial Steps Millennials are Ignoring
Why Drive for Uber? »

Comments

  1. Miguel @ The Rich Miser says

    August 22, 2017 at 7:45 PM

    I’ve rented from individual property owners and from companies. They have their pros and cons, but, as to repairs, renting from a company is better, in my experience. They can have maintenance staff ready to fix whatever’s wrong, while an individual owner might have you hire a repairman (plumber, electrician, etc.) and then reimburse you. This is a greater hassle than just submitting a repair request to a corporate landlord.

    Reply
  2. Carole says

    August 23, 2017 at 9:58 AM

    Why don’t you talk about money saving ideas from the other angle? How a landlord can make the most of his rental property. After a person has been frugal for a while, he/she is often in a position to be a landlord.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.



Create your own blog in 20 minutes and $20

Personal Capital, a free tool to change your financial health today

I use and suggest Upstart, for your personal loan need

CreditKarma, a free tool to check your credit scorey

I use Coinbase, for my crypto investments

101 Cents at a Time

101 Ways to Earn Extra Money on the Side
201 Frugal and Perfect Birthday Gifts
101 Ways to Save Money Everyday
101 Ways to be Better and Successful at Work
101 Ways to Save Environment and Energy
101 Frugal and Romantic Anniversary Ideas
101 Low-Cost Men's Fashion Ideas
101 Personal Finance Tips
101 Ways to Reuse Household Stuff
101 Things to Do, When Nothing to Do
101 College Graduation Gift Ideas
100 Tips for Ecommerce Startup
101 Ways to Enjoy Indoor During Winter
101 Ways to Beat Procrastination

Popular Posts

Quick Cash - How to make $100 legally, in a day
Living well on less than $15,000 a Year
Top survey sites for side income
What to do when auto repair goes wrong
Where should I invest my money now?
20 Ways to be productive and happy at work
51 Ways to get out of debt
Be a better person in 15 days, 15 ways
Income ideas for retirees and senior citizens
51 side jobs for college students
Urgently need a large amount of money?
Should I buy or should I rent?
Best Personal loan providers
25 Ways to save environment
25 DIY car repairs to save money
How to decorate office cubicle
How to show your wife you care
50 Financial Rules for Success
51 Frugal weekend family activity ideas
Become Rich By Saving 1 Hour Of Daily Wage
How much do I need to save for retirement?
How to negotiate your salary

Follow us on FaceBook

About Author

SB

Blogger by choice and IT manager by profession. Finance is my passion and gardening is my greatest satisfaction. Born in India, settled in US, Husband and a father. I created this blog in 2011 with a vision to help others. Thanks for your patronage. More info on my "about" page.

View all posts


Subscribe

Join our community of 5000+ subscribers to increase net worth and build wealth

Advertisements

Personal Stories

How I got a new HP computer replaced
Was COVID circulating in USA in fall of 2019?
How my credit score went up 800+
Why I didn’t invest in Bitcoins
How I controlled impulses to buy things
Why this blog is named One Cent at a Time

Subscribe via Email

Site Disclaimer

Disclosure of Material Connection: Some of the links in this web site are “affiliate links.” This means if you click on the link and purchase the item, I will receive an affiliate commission. Regardless, I only recommend products or services I use personally and believe will add value to my readers. I am disclosing this in accordance with the Federal Trade Commission’s 16 CFR, Part 255: “Guides Concerning the Use of Endorsements and Testimonials in Advertising.”
Read full Affiliate disclosure


One Cent at a Time is published by SB. The opinions expressed herein by him are his own and not those of his employer or anyone else. All content on One Cent at a Time is for entertainment purposes only. By reading this blog, you agree that SB and/or One Cent at a Time is not responsible for any actions taken after reading this blog. For the full disclaimer, click here .

Major Media Mention

One Cent at a Time Media Appearances

Copyright © 2023 One Cent At A Time · Designed by Nuts and Bolts Media