The term, “Millennials”, are usually associated with words like eccentric, aggressive, and independent. If you are reading this, you probably know someone who fits into the category or better yet, you are one. Speaking of which, Millennials are fueled by independence whether financially, emotionally, or in this case, ownership of a real estate property. A sure sign of independence is being able to move out of your parent’s home and start over with a renewed sense of responsibility.
Surely, you’ve probably seen all the ads: McKinley Hill Condo for sale, Bed space in Manila, Condo at the Fort for sale, or even a studio rental somewhere in the Metro and you still find yourself puzzled on which property you will choose for this new journey of life. A condominium unit is a suitable living space for you since it is a low maintenance property. With the right location and the necessary facilities, you’ll be right at home in a condo. It is also a popular choice among Millennials and owning one is a big step when you are finally ready to go through your ‘adulting’ stage.
Admit it, it is a top option for you too and you probably have the look and design of your condo down pat whether it is that one elegant condo for sale at the Fort or any other. Owning a condo can be a bit like going back to school since you learn the ins and outs of living independently, you become a student once more when you finally decide that condo living is for you.
Brush up on these subjects and keep them in mind as a reliable course. With that said, welcome to the Millennial Guide 101: Condo Renting Tips:
Geography: Choose your Preferred Location
When choosing a property, some people make the mistake of owning one that is too far off from establishments. Good thing you are going to own a condo which does not allow you to isolate yourself from the world. Better than that, you are going to expose yourself to the world outside your comfort zone.
Condominium units are usually placed in a convenient location, built in the middle of the city, near central business districts, popular food chains, malls, or even hospitals. Most millennials would want to be active on the social scene while there are those who would rather keep their Zen in their own space. If you are either of the two, you should take into account the location of the prospective condo you want to rent.
If you would want to live in a neighborhood where there is no shortage of nightlife events, try to contact the realtor of that McKinley Hill condo for sale. If you want to be surrounded by the romantic establishments and structures, shopping while you’re at it, then a McKinley Hill Condo for sale beckons your name. You need to choose a condo that matches your lifestyle. Consider the factors that you cannot do without.
Will accessibility be an important factor for you? Check out the transportation and driving routes around your property. This is the primary condo renting tip since the location will be the foundation of your homeownership and a step in making a decision for your property.
Mathematics: Stick to a Budget
Your dream condo unit will cost you. That’s the reality. You must have an idea on how much your rent will cost or the terms of payment you will be subject to. Find out how much the costs will be in your decision to live independently.
Your budget is not limited to the monthly rental fee but also on utility bills and other expenses. Make sure that your condo is reasonably priced and you’ll get your money’s worth to accommodate your needs.
A budget plan is a vital part of owning a condo. Sure, renting is cost efficient but you still have to know where your money is going. Save up and budget wisely for future purposes. If you get short on monthly bills or on your deposit, you will be grateful that you saved a little to your stash.
If you’re looking forward to owning that McKinley Hill condo for sale, you will need to be realistic with your finances. Be sure that you can afford the cost of living that it will entail. Not only will it cost you a monthly rental expense, utility bills but it may even have a homeowner’s due association fee.
Welcome to the real world! The bills are endless! Seriously speaking, you as a Millennial can do anything. So, don’t let the figures intimidate you if you can afford it then go for it. Working hard to maintain it will be a breeze.
Home Economics: Check Out the Condo’s Amenities
Home Eco is a subject taught by household management and the like. With this subject, you will learn how to manage your household properly by using its amenities to its full extent.
The perks of living in a condominium are that you are granted access to many amenities and facilities that are fit for an active lifestyle of a Millennial. There are condominiums that have gyms and fitness centers available.
If you are feeling tired and just want to unwind, you can do so by the poolside or start swimming as part of your exercise routine. You can even invite your friends over for a pool party if the management allows it!
There are also game rooms equipped with great video or board games, a study room for your next all-nighter and even a spa if you want that extra day of relaxation.
These facilities are also great avenues for you to meet new people with the same interests as you. Residential condos, like that McKinley condo for sale you pass by, are filled with diverse people from young professionals to families. Establish connections with your fellow condo mates and you will be glad that you did since you can have neighbors to depend on or just to talk with.
Good Manners and Right Conduct: Know the Building’s Policies
It pays to know the rules and it is more rewarding to follow them. Condos for sale in McKinley Hill or other locations always have policies to keep the property running in top shape. To have the best living experience, know the regulations that you should follow and how to avoid breaking them.
If you’re planning to take your furry friend with you, make sure that the condo allows pets in the building. If they do, know their policies with them. Ask for a run through of their rules about pet ownership. Get all the details and have an inspection of your pet if they fit the property’s description of allowed pets.
Read and follow the terms and conditions in the contract. You should also maximize the use of the facilities. Know their terms with the rental policies so you can faithfully pay your deposits and save you the trouble.
Natural Science: Conserve Electricity and Water
Just because you’re living alone now, doesn’t mean that you get to waste your resources away. It will reward you in the long run if you follow the basic conservation tips for your electricity and water.
You must have thought that living independently means you can live according to your own rules. Well, you can, but set practical and effective means to conserve electricity and water.
- Unplug your appliances when it is not in use
- Set you’re a timer for your air conditioner
- Use an electric fan instead
- Use energy efficient LED light bulbs or fluorescent lights.
- Turn the lights off when you leave the room
- Do not leave the faucet running when you are brushing your teeth.
- Be mindful of your water consumption.
Defense 101: Assess the Building Security
Your safety is a top priority because what’s the use of a great condo if you are not secure in it? Before you move in to your dream home, you have to survey the place.
Aside from security guards, you should make sure that the concierge or condo personnel ensures that visitors leave a valid identification card. Not only that, a secure condo should have proper fire exits and extinguishers for when disaster happens. The building security can also be measured in what neighborhood it is situated in.
You can also ask about the measures that will be undertaken in case of an earthquake, fire, typhoons, or storm surge by the personnel together with the tenants. Make sure that it is in a flood-free area, away from earthquake fault lines and check out the physical state of the building as well.
Invest in a reliable alarm system as well that may come in handy if ever you will need it.
Personality Development: Meet your Landlord or your Roommates
You should know who you are living with and who you owe your living space to. Getting along with your landlord is a plus one to your social skills since not a lot does the same. It will be a great idea because it will save you the hassle of having a conflict with them in case risks arrive.
Know that you are on the same page as your landlord, align your ideas and principles with them and if not, you can make them understand. This is essential because a harmonious living space will make you happy.
If you are to share a space with roommates, however, make sure that you can get to know them so it wouldn’t be an awkward unit. Silences between you and your roommates can be a downer if it is prolonged. Having the opportunity to interact with them will make you feel at home reminiscent of your old one.
Interior Design: Plan Your Furnishing
If you have decided on renting a bare condominium unit, this is your chance to channel your inner interior designer. This is where the fun begins since you have the opportunity to customize your space according to your interests and personal taste.
Make the most out of your cozy space by choosing statement pieces that are not flashy for its size but for its style. Decide on which color scheme you will want for your unit and then design from there. This will ensure that the furnishings you will choose will complement the whole room.
A smart way in choosing furniture is to invest in multi-functional ones. A coffee table that can be turned into a dining table or a sofa with a pullout bed save space but maintains a great design as well. Whether you will stay in a studio, in a 1 or 2-bedroom condominium, you will have to make the most out of a limited space.
After all, even the large condos in the McKinley Hill area for sale, would not match the dimension of a legit house. The good thing is, you can use the challenge of a compact space to fill it with statement pieces that will make your room stand out. It will be rewarding if you go home to a safe space just for you, right?
Or if you opted for a fully furnished condominium, you can also re-design it according to your taste. Because of the options that are already there, all you can do is either add or subtract a furniture and just make the most of the pieces given to you. You can add a personalized touch by matching it with a complementary piece that you like to see in the room.
Knowing these Condo renting tips is a great step for the Millennial homeowner. There are tons of option for your next home in your new independent life.
A suitable choice would be a McKinley hill condo for sale or that The fort condo for sale. Situated in a cosmopolitan neighborhood, this is a great playground and growth space for Millennials. Imagine waking up to a picturesque city skyline with all the possibilities laid down before you, sounds like a life, right?