Today, I want to talk about renter myths. If you’re living in a city apartment, most likely, you’re a renter. As a renter, you’ve probably heard many myths over the years about landlords, management companies, lease agreements, and more. Well today, I am going to break most of the myths you’ve always believed. In fact, after you read this, renting might be a little less scary!
1. It’s legally binding if it’s in the lease.
You would think this is true because a lease is a legal contract, however, this CAN be false. If a lease goes against city or state laws, it is not binding in the lease. If you’re moving to a new city or state, make sure you look into its specific renter laws.
2. You won’t get an apartment with a bad credit score.
Yes, it’s true having a bad credit score can make finding an apartment more difficult. However, filling out an application with a roommate, guarantor and/or letters of recommendation can significantly help improve your chances of being accepted for a property.
3. You can’t nail into walls.
This is 100% false. You can use nails as long as you patch up the holes when you move out!
4. Your landlord can evict you for any reason.
Most states have tenant protection laws which state that a landlord needs sufficient evidence that the lease agreement has been broken. Don’t worry- you won’t find all your belongings out on the street!
5. You can’t change rental prices.
Usually rental prices are set in stone, however, there are a few ways to bargain and possibly decrease your monthly payment. One of those ways is to negotiate a longer lease with your landlord. Usually, you can get a rental decrease if the landlord or management company knows you will be staying for 2+ years.
6. Landlords can enter whenever they want.
Legally, a landlord can’t enter your apartment without giving 24 hours of notice. Exceptions of this is if there’s a fire or flood within the home.
Have you believed any of these myths? Let me know down below!