Tag: lease

How to Be a Good Roommate

Living with roommates can save you money — or help you afford a nicer place to live — but beware of the pitfalls of communal living. Here are a few tips for being a good roommate. Financial responsibilities Tackle the question of who pays for what quickly and early on. Will each person pay a… Read more »

Six Things Every First-Time Renter Should Know

Before signing the lease on your first apartment, don’t forget to read the fine print. That’s where you’ll find the details of your responsibilities as a tenant. Failing to read them could cost you big money as a first-time renter. At move-in Before moving in, the landlord or property manager will ask you to inspect… Read more »

Buying Rental Property With Existing Tenants

If you’re buying rental property with existing tenants, whether they occupy the entire space or only a basement or garage apartment, you are probably focused on the property’s income-generating potential. But you’re also taking on important legal obligations. Here’s what you need to know before you buy. The lease abides The most important thing to… Read more »