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Home renting tips
 
Rent vs. Buy:

Which Move Is Right for You?
 
Mythbusters: 8 Common Rental Misconceptions You Can Forget
 
  1. Poor credit guarantees rejection: While it can be a hurdle, cosigners, references, and proof of steady income often open doors.
  2. Longer tenancy means saying goodbye to your deposit: Normal wear and tear is protected by law, so staying longer shouldn't automatically cost you your deposit.
  3. Evictions can happen on a whim: Landlords must adhere to strict legal procedures and have legitimate grounds to evict.
  4. Every single repair falls on the landlord: While major structural and habitability issues are their duty, minor upkeep or tenant-caused damage is often your responsibility.
  5. You can automatically withhold or deduct rent for DIY fixes: In most jurisdictions, deducting repair costs from rent requires specific written notice and legal compliance.
  6. Rent prices can’t be negotiated: Depending on market demand and your credentials, lease terms and monthly rates can sometimes be negotiated.
  7. Landlords have 24/7 drop-in privileges: Proper advance notice is legally required before a landlord can enter your home, barring genuine emergencies.
  8. Renting is simply throwing money away: Rent provides flexibility, eliminates property tax and major repair burdens, and keeps capital liquid.
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