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September 19, 2008, Newsletter Issue #99: Rental Home - Up Front Costs
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Tip of the Week
Moving into a new rental home can be fairly expensive at the beginning. There is a lot to consider when trying to figure out what you can afford in your new location both initially and each month. There is usually a lot of money due up front just to get you into the rental, such as security deposit, first month’s rent, pet security if required, connection fees for utilities for gas, electric, and telephone, not to mention the cost of moving your belongings from one place to another. Once you are in your new rental, if the home is not furnished, you may have to buy things like mattresses, beds, refrigerators, air conditioners, washing machines and other furniture to fill the home. Figure out what you can afford and how much money you have to start with, you will also need to determine how much you can spend on rent each month to still live comfortably.
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