Have you recovered from your New Year bash? Now that the festivities are over many people start to think about what 2018 will bring. It is a time of New Year’s resolutions. Are you vowing to go to the gym? Are you planning on starting that diet? How about quitting that bad habit? Do not stop there. New Year’s resolutions are not just about personal goals. Here are 10 top New Year’s resolutions for tenants and renters.
New Year’s Resolutions for Tenants #1: Pay Your Rent on Time
Bad habits are easy to form but can be very hard to break. Have you gotten into the habit of paying your rent late? How much extra money did you spend last year on late fees and penalties? That is money that you could put towards your gym membership – just saying. What is more, while paying your rent late may not end up on your credit report, it will come back to bite you if you ever have to move and your new prospective landlord checks into your rental history.
New Year’s Resolutions for Tenants #2: Sign Up for Direct Deposits
A first step to being able to pay your rent – and other bills – on time is to find out if your job offers direct deposits. Putting your paycheck directly into the bank will make it easier to save. If it is not sitting in your wallet, you will be less likely to spend it.
New Year’s Resolutions for Renters #3: Pay Your Rent Online
We are all about making life easier and saving time. Here at Victory Real Estate, we offer an easy online payments. You can choose from an E-check or credit card payment. You can make a one-time payment or setup recurring online payments. This way your rent is always paid on time and you do not even have to remember to do it. Easy peasy!
New Year’s Resolutions for Tenants #4: Communicate More
It is our job to keep your rental in the best shape possible. Your landlord wants you to be safe and to enjoy living in this rental. One way you can help us is by keeping in contact with us. If you have any problems with your unit, please let us know. The sooner you report a maintenance issue, the sooner we can fix it. The sooner we fix it, the less of a chance it will cause more damage or disrupt your life. You can call us at 919-249-8555 and 910-447-9495, or you can submit an online maintenance request through our Tenant Portal.
New Year’s Resolution for Renters #5: Treat Your Rental like You Own It
Just as it is our goal to keep your rental in top-top shape, we expect our tenants to treat their rental like they own it. We want you to feel comfortable. We want you to think of this space as your home and not just as a “rental.” But, we also want you to take care of the unit. If you want to change something such as the color of the walls or install a shelving unit, just give us a call and let us know. We will do your best to work with you so that you feel comfortable.
New Year’s Resolutions for Tenants #6: Improve Your Credit Score
Now-a-days, your credit score means a lot. It will affect the type of rental you will get approved for; the type of loan you can get for your new car; and even whether or not you could buy a house. Credit card interest rates are based on your credit score. You can’t even get a cellphone plan without a credit check. So, why not get a free copy of your credit report and see what you can do to improve your score. Often with just a little effort, you can dramatically improve your score.
New Year’s Resolutions for Tenants #7: Create a Emergency Fund
An emergency fund is a savings account that is used to cover a major expense, a costly car repair, an unexpected medical procedure, or the loss of a job. Financial experts recommend that families maintain and emergency fund or cash reserve that can cover 3 to 6 months of household expenses. Honestly, this represents a sizable chunk of change. But, life happens, and most Americans are only one or two paychecks away from bankruptcy. So, why not start a savings account this month and set an amount and stick to it. Put every extra penny in that account. You will be surprised how quickly it will add up. If you packed a lunch three times a week and saved $10 each meal, by the end of the year, you will have saved $1,560!
New Year’s Resolution for Renters #8: Extend Your Lease
Do you like where you are living? Great! We are happy that you are happy. We would love to have you stay as long as you would like – well as long as you are paying your rent and being a good tenant. If your lease is going to expire within the next three months or so, why not give us a call to extend your lease. While most leases have a term of one year, we are more than willing to extend your lease out for several years. This will add to your sense of security.
New Year’s Resolutions for Tenants #9: Fess Up About Your Pet
Be honest, does your lease allow pets? If it doesn’t, have you snuck in a cat or a dog? While having a pet fish or a quiet little dove won’t set off any bells or whistles, if you do have a larger or noisier pet, we need to know about it. Eventually another tenant is going to rat you out and it will look much better if you come clean yourself. We want to keep good tenants. We also know that tenants that own pets are often better caretakers of our rentals. So, we will do our best to work with you in this regard. Just be kind and let us know.
New Year’s Resolutions for Renters #10: Level Up!
Did your boss give you that pay hike he has been promising? Is your financial world becoming more secure? Are you ready to move up into a nicer rental? If so, then give us a call. We have a ton of different properties of all different types and styles. We love you as a tenant, and we would love that you stay in one of our properties. If you want to take a peak at what’s available, check out our list of properties that are available for rent in the Wilmington and Raleigh areas.
So there you have it – ten New Year’s resolutions for tenants and renters. We hope that you will put a couple on your personal list. As always, we are here if you need any help, advice, or assistance. Welcome to 2018!