5 Little-Known Ways in Which You Can Reduce Your Rental Costs in California

iStock_000020871178_SmallJust like thousands of other young adults, you’ve come to Cali to pursue your wildest dreams built around a rapid career ascension, a few moments of fame, a large family or a beautiful home. But we all know that beginnings can be pretty tough, especially when you’re pinching pennies while juggling multiple jobs. When you’re living from paycheck to paycheck, you are probably desperate to find a foolproof way to lower your rental costs. We give you not one, but five amazingly effective methods to manage your finances wisely and spend less on your Californian slice of real estate.

Look for an Exception. A combination of flexibility, research and patience always pays off when it comes to conducting house hunts. Finding a property way below the Californian market rate is difficult, but definitely not impossible. Check out online listings, collaborate with a realtor and target certain neighborhoods to narrow down your search.

Change Location. The ZIP code that you have chosen impacts the price tag of your rental in a considerable manner. To save a significant amount of money, think about ditching the sought-after neighborhoods in favor of the ones that are safe and nice, but less coveted. For instance, if you wish to relocate to Los Angeles, you should know that Canoga Park is considered the poor man’s version of Woodland Hills, ensuring a very short an enjoyable drive to Malibu, as well as fantastic one-bedroom rentals priced in the $800 range.

Rethink Your Definition of “Perfect”. In terms of Californian real estate slices, perfection is perfectly attainable, but at what cost? Do you really need a big house that requires you to hire a landscaper and an army of maids? Couldn’t you live without on-site parking, gym and wellness center? Moreover, overlooking minor aspects that have an insignificant impact on your quality of life (chipped wall paint, ugly carpets, old wooden floors) can trigger additional savings.

Before Signing Your Lease, Make Sure You Are Prepared for Any Potential Outcome. What were to happen if you would have to relocate for a career change? What If you would end up loathing your apartment? In these situations, what would be your alternatives for leaving? Make sure your contract outlines a few important aspects, such as fees associated with late rentals payments or repairs required to correct your mishaps. In other words, read the lease twice before signing it and always be prepared to handle the unexpected. Sometimes, adding an ounce of prevention to your daily actions is the best way to lower your bills.

Work Closely with a Reputable Apartment Finder. Are you picky, overly budget-conscious and/or indecisive? Each of these attributes can complicate your Californian house hunt and make you lose time and energy. Fortunately, there is a solution to this problem: rely on the expert guidance of a respectable apartment scout. Keep an eye on the listings brought to you by Apartment Hunterz to find the ideal Californian rental for you and your loved ones in just a few days.

Dec 2014